From tra­di­tion to in­no­va­tion

CityPress - - Business -

To­day’s lead­er­ship im­per­a­tive is clear: un­cover new mar­ket op­por­tu­ni­ties, de­fine new busi­ness mod­els and drive rev­enue growth sus­tain­ably – or risk ob­so­les­cence.

Some for­ward-think­ing or­gan­i­sa­tions recog­nise that ex­ec­u­tive de­vel­op­ment it­self needs rein­ven­tion. These or­gan­i­sa­tions are quickly mov­ing away from tra­di­tional ex­ec­u­tive ed­u­ca­tion into the realm of busi­ness in­no­va­tion.

For in­stance, NBCUniver­sal is ex­plic­itly link­ing pro­fes­sional de­vel­op­ment to strate­gic busi­ness growth. Widely known for its suc­cess­ful TV net­works, movies and theme parks, the com­pany is fac­ing change in the me­dia and en­ter­tain­ment land­scape thanks to Net­flix, YouTube, Ama­zon and the like.

Dis­rup­tion is ev­ery­where, so NBCUniver­sal is in­vest­ing in its peo­ple. Led by Re­becca Romano, vice-pres­i­dent of tal­ent de­vel­op­ment, and a small team of learn­ing pro­fes­sion­als, they have cre­ated NBCUniver­sal’s Tal­ent Lab, which rep­re­sents a new mind-set re­gard­ing the in­ter­play be­tween tal­ent and in­no­va­tion.

The Tal­ent Lab isn’t the typ­i­cal cor­po­rate uni­ver­sity – it in­cludes pro­grammes specif­i­cally de­signed for all lev­els of the or­gan­i­sa­tion, as well as key phases of em­ployee and pro­fes­sional de­vel­op­ment.

To pro­mote new mind-sets and be­hav­iours to grow the top line, the lab pro­vides pro­grammes specif­i­cally geared to­wards se­nior lead­ers whose role it is to shape busi­ness strat­egy and cul­ture. In­di­vid­u­als are recog­nised by their man­age­ment and in­vited to par­tic­i­pate based on their cur­rent and an­tic­i­pated strate­gic roles.

Those who in­fuse in­no­va­tion into the DNA of their mod­els, ap­proaches and the ex­pe­ri­ences they de­liver to emerg­ing lead­ers will ef­fec­tively shape the fu­ture of their com­pa­nies and in­dus­tries.

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