{"id":4917,"date":"2021-07-01T12:14:57","date_gmt":"2021-07-01T12:14:57","guid":{"rendered":"https:\/\/tpcleadership.com\/pl-en\/uncategorized\/leadership-as-an-opportunity-for-growth\/"},"modified":"2025-03-10T14:55:58","modified_gmt":"2025-03-10T13:55:58","slug":"leadership-as-an-opportunity-for-growth","status":"publish","type":"post","link":"https:\/\/tpcleadership.com\/pl-en\/developing-leaders\/leadership-as-an-opportunity-for-growth\/","title":{"rendered":"Leadership as an opportunity for growth"},"content":{"rendered":"<p>Understanding the behaviours and insights that stand the test of time<br \/>\n<em>By <strong>Deva Param, TPCL SEA (South East Asia)<\/strong><\/em><\/p>\n<p>I\u2019m reminded of Adam Smith (the famous Scottish economist who wrote The Wealth of<br \/>\nNations) because in October 2019, I was invited by my alma mater, Heriot Watt University,<br \/>\nfor a speaker series at their newly-renovated Panmure House.<br \/>\nThere was an impressive lineup of speakers, alumni, students and guests at this<br \/>\nmagnificent facility which the university had recently purchased. It so happened that<br \/>\nPanmure House was also the abode of Adam Smith who lived there between 1778 and 1790.<br \/>\nHis landmark book was the vehicle through which he shared his well-known concept of The<br \/>\nInvisible Hand.<\/p>\n<p><strong>Economic theories and leadership drive<\/strong><\/p>\n<p>Over the years, many have praised Smith for his findings and The Invisible Hand (an<br \/>\nthe economic concept that marries the unintended social benefit and public good brought about<br \/>\nby individuals who act in their own self-interest). But what dawned on me is that, while we<br \/>\ncan dwell on the economic theories, much of this would only work if there exists strong<br \/>\nleadership in both the private and public sectors.<\/p>\n<p><em>Why is this the case?<\/em><br \/>\n1. A combination of economic theories and leadership drive is very much needed for the<br \/>\neconomy to develop and for the wealth of nations to be realised.<br \/>\n2. There are similarities in the leadership initiatives implemented in both the public and<br \/>\nprivate sectors that can be leveraged. But what might some of these similarities look like?<br \/>\nWould it call for a certain drive? What might be needed to deal with sustainable<br \/>\nimplementation of various policies and initiatives?<\/p>\n<p>Much like basic economies, <em>organizational life<\/em> contains many influencing forces that largely<br \/>\nreflect human nature. These forces help people to identify their equilibrium on two simple<br \/>\nprinciples i.e. the <em>motivation to perform<\/em> and the <em>opportunity to perform<\/em>.<\/p>\n<p><strong>The motivation to perform<\/strong><br \/>\nLet\u2019s look at the motivation to perform. As a leader, if you offer an individual financial<br \/>\nreward, praise and incentives for certain behaviours, you direct their investment of time and<br \/>\ntalent towards your goals.<\/p>\n<p>If you, however, fail to provide this clarity and your organization is void of sufficient<br \/>\nstructural support, it would be left to other forces to determine how an individual invests<br \/>\ntheir time and effort.<\/p>\n<p><strong>The opportunity to perform<\/strong><br \/>\nA good work environment does not necessarily mean that it\u2019s an easy and comfortable<br \/>\nworkplace which breeds complacency and leads to a culture of mediocrity.<br \/>\nWhen a performance-based culture is embraced, performance levels necessarily increase.<br \/>\nIndividuals who are passionate about contributing their talent can then obtain the support<br \/>\nthey need and work in an inspiring environment. Failing which, most high potential talent<br \/>\nwould move to greener pastures. They would do this to get the opportunity to perform at a<br \/>\nhigher level in order to meet their aspirations.<br \/>\nIn most public sectors, the concept of lifelong employment exists. This is why the public<br \/>\nsector is called upon to review their policies. They need to pay special attention to policies<br \/>\nthat relate to performance and the notion of providing \u2018employment for life\u2019 regardless of the<br \/>\nlevel of performance of its people.<\/p>\n<p>Circling back to the theory of The Invisible Hand, it calls for leadership that is imbued with<br \/>\nintent and design. More importantly, <em>it requires leaders to take charge and constantly<\/em><br \/>\n<em>redefine their roles<\/em>. This, in turn, requires execution and delegation down to the lowest<br \/>\npossible levels within an organization.<br \/>\nWe see that leaders are still very much at the front-line, delegating only about 20 percent of<br \/>\ntheir decisions. It appears that it requires far more trust for leaders to move that<br \/>\nempowerment percentage upwards.<br \/>\nThat said, there are other aspects of leadership that pass the test of time. Balancing the<br \/>\nPeople \/ Quality \/ Sustainability \/ Profits elements in their organization has always been a<br \/>\njuggling act for leaders. They work hard to keep a watchful eye on all the \u201cballs\u201d in the air<br \/>\nwithout dropping any of them.<br \/>\nAs leaders, we want our people to channel all of their energy into this delicate balance. We<br \/>\nwant our people to have the wherewithal to manage both the internal and external factors of<br \/>\nday to day leadership delivery.<\/p>\n<p><strong>Constants in leadership<\/strong><br \/>\nIn all my years facilitating leadership programs and engaging with leaders at multiple points,<br \/>\ncertain trends in leadership have been constant. They have served many leaders in global<br \/>\norganizations well.<br \/>\nThis is what I have compiled:<\/p>\n<p><em>Courageous leadership matters.<\/em><\/p>\n<p>It\u2019s an age-old philosophy but the simple things like constantly looking for solutions and<br \/>\nchampioning them matter. Even when it could mean a 50 percent chance of failure, it<br \/>\nmatters when it is something that you strongly believe in.<br \/>\nGreat leaders always ask themselves: If I fail after trying, what are those consequences as<br \/>\ncompared to the consequences if I don\u2019t try?<\/p>\n<p><em>Continuously engage. Do not leave a vacuum.<\/em><br \/>\nLeaders raise their hands and speak up even if it means that their ideas may go against<br \/>\ngroupthink.<br \/>\nIf your ideas are good and receive positive feedback, then all will be well. If not, you would<br \/>\nhave at least tried. When you are courageous and speak up, you gain confidence. This<br \/>\nconfidence (and respect) will hold you in good stead as you climb the corporate ladder.<\/p>\n<p>Choose between the fixed vs growth mindset.<br \/>\nSuccessful leaders have extraordinary tenacity. They are able to extract something<br \/>\nworthwhile from their exploits and circumstances. They also seek the kind of experiences<br \/>\nthat provide rich opportunities for growth.<br \/>\nIf you want to become a better leader, seek worthwhile challenges and maximise all that you<br \/>\ncan from any leadership situation or opportunity.<\/p>\n<p><em>Embrace servant leadership.<\/em><br \/>\nAs the phrase indicates, the goal here is for the leader to serve. It is different from traditional<br \/>\nleadership where the leader is focused on ensuring the company thrives.<br \/>\nIs it a radical idea? Yes, it turns the traditional notion completely on its head. But that is<br \/>\nsimply because servant leaders are all about changing the mindset. From commanding to<br \/>\nserving. From flaunting power and authority to displaying empathy, humility and active<br \/>\nlistening.<br \/>\nDon\u2019t climb the leadership ladder in order to be served. Serve others, and in doing so, others<br \/>\nwill serve you even better.<\/p>\n<p><em>Embody the 3Vs of Vision, Vitality and Voice.<\/em><br \/>\nVision \u2013 Envision where you would like to bring your organization, your team and yourself.<br \/>\nHave a clear picture in your mind of what this looks like. Then, communicate the vision<br \/>\nclearly.<br \/>\nVitality \u2013 Be positive and energised. Seek to influence your peers and supervisors wherever<br \/>\npossible to ensure that your vision is materialised.<br \/>\nVoice \u2013 Give every member of your team a voice. Empower, delegate, coach and teach.<br \/>\nProvide them with the tools they need. Track team performance. Ask yourself: What do I<br \/>\nneed to do to make a difference? How can I create visible action plans for them?<\/p>\n<p><em>Manage people with your heart (emotion) and not with your brains (head).<\/em><br \/>\nAsk yourself \u201cWhy\u201d at least five times before deciding on an issue when it involves people.<br \/>\nThey are there for a reason. Leaders need to consider this and the varied motivations at play.<\/p>\n<p><em>Create opportunities to get feedback.<\/em><br \/>\nIt may be difficult for leaders to get relevant feedback, particularly if they occupy powerful<br \/>\npositions in organizations. But, in reality, leaders require more feedback than subordinates.<br \/>\nIf they do not get feedback on how they are doing, leaders may not learn much.<br \/>\nStart by asking the team for their perception of the leader\u2019s behaviour and the impact it has<br \/>\nhad on them.<\/p>\n<p><em>Take a 10 percent stretch.<\/em><br \/>\nThe stretch goal is often seen as the source of individual and organizational motivation. This<br \/>\ndiffers from the ordinary challenge because there is an element of the extreme within.<br \/>\nLeaders, I believe, need to stretch their targets by at least 10 percent from their previous<br \/>\ntargets.<br \/>\nThere are several positive outcomes associated with leaders who regularly practice the 10<br \/>\npercent stretch. First, their apprehension about doing something new or different gradually<br \/>\ndecreases. Second, their repertoire of leadership skills begins to broaden. Third, their team<br \/>\nbenefits from these changes.<\/p>\n<p><em>Learn from others<\/em><br \/>\nLearn by asking questions and paying attention to everyday details. Ask for insights from<br \/>\nother leaders especially if they have gone through some of the tasks you are currently<br \/>\nundertaking. You can benefit from their experience.<br \/>\nObserve their insights not only in terms of how things were executed but also, about how<br \/>\nleadership skills were employed.<\/p>\n<p><em>Understand your superiors.<\/em><br \/>\nWork to understand your superior\u2019s personal and business objectives. Much like you can<br \/>\nhelp your subordinates to achieve their goals, you too can help achieve your superior\u2019s goals<br \/>\n(if you know what these are). Understanding your superior\u2019s values, preferences and<br \/>\npersonality can also help you strengthen your relationship with them.<br \/>\nThe business and the team are almost always top priorities for leaders. Leaders focus their<br \/>\ntime and energy on taking care of business and then, on taking care of the team that carries<br \/>\nout the vision. Invariably, great leaders put themselves last. It is only once their key priorities<br \/>\nare met that they look within at their personal agenda and their own development needs.<br \/>\nCan a leader provide opportunity for growth, innovation and creativity while also focusing on<br \/>\nan alignment of corporate and individual goals? It is no easy feat but with practice, passion<br \/>\nand a desire to leverage combined insight, it is something leaders can indeed aspire to.<\/p>\n<p><em>Stay authentic.<\/em><\/p>\n<p>Lastly, remember to <em>stay authentic as there is only one of you in this world<\/em>.<\/p>\n<p>In conclusion, as leaders, we are called to constantly reassess our values and the business<br \/>\nagenda. We understand that values, ultimately, are like rubber bands. They can only stretch<br \/>\nso much until they achieve a breaking point.<\/p>\n<p><strong><em>This requires us, then, to ask ourselves certain questions regularly:<\/em><\/strong><br \/>\n\u25cf What is my own personal leadership philosophy?<br \/>\n\u25cf What does this philosophy look like?<br \/>\n\u25cf What are the key elements of this philosophy?<br \/>\n\u25cf How do I change over time?<\/p>\n<p>Everyone needs to have their own leadership philosophy. The questions above can assist<br \/>\nyou in ensuring mindfulness about your direction and values at all times.<\/p>\n<p>Feel free to engage with the author or continue the dialogue <a href=\"https:\/\/tpcleadership.com\/pl-en\/contact-us\/\">here<\/a>.<\/p>\n<p>@Copyright TPCL (2021)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Understanding the behaviours and insights that stand the test of time By Deva Param, TPCL SEA (South East Asia) I\u2019m reminded of Adam Smith (the famous Scottish economist who wrote &#8230;<\/p>\n","protected":false},"author":1,"featured_media":4916,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_title":"Leadership as an opportunity for growth - TPC Leadership","rank_math_description":"","rank_math_focus_keyword":"leadership, personal growth, 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