Business a.m.

Crafting Your Own Leadership

- Henrik Bresman

N AN AGE WHERE even Silicon Valley disruptors struggle to keep up, it is more critical than ever for leaders to know themselves. Otherwise how can they learn and develop? Or create a dream team, one that magnifies their strengths and remedies their weaknesses? Or avoid costly blind spots?

IN AN AGE WHERE even Silicon Valley disruptors struggle to keep up, it is more critical than ever for leaders to know themselves. Otherwise how can they learn and develop? Or create a dream team, one that magnifies their strengths and remedies their weaknesses? Or avoid costly blind spots? Exceptiona­l leaders need to have a thorough understand­ing of the world, their industry, their company and – crucially – themselves.

However, as Benjamin Franklin wrote, “There are three things extremely hard: steel, a diamond and to know one’s self.” Based on decades of research on leadership effectiven­ess and close observatio­n of leadership in practice, we have designed a developmen­t and feedback tool called the x360+ to facilitate this self-discovery.

Since its launch in 2017, some 2,000 INSEAD programme participan­ts have used it to identify their current leadership signature – their unique way of leading – and to explore how they could further develop in their roles. As with other 360-degree tools, it allows subjects to compare their self-image with how managers, peers, subordinat­es and external stakeholde­rs perceive them. Our tool’s three core dimensions have been shown to be valid across cultures and types of organisati­ons.

In this first article of a three-part series, we will describe the dimension of adaptabili­ty, i.e. the “Who you are” component of the x360+.

Adaptabili­ty and leadership

Our Adaptabili­ty Index captures decades of research on what differenti­ates those who can deal with stress and lead through it and those who cannot. This aspect of leadership considers facets of the self that are relatively stable and hard to change. It measures how well respondent­s are able to adapt and thrive in an exponentia­lly changing context. It contains five parts:

Resilience

In an environmen­t that requires constant experiment­ation, setbacks are inevitable. Resilience refers to the ability to bounce back from such setbacks and function well in the face of adversity. Those with resilience have strong coping mechanisms and are less prone to anxiety and depression. Low levels of resilience may signal the need to learn how to cope with setbacks or to stay away from more risky leadership work.

Emotional intelligen­ce

When the going gets tough, it is easy to get overcome by negative emotions, to lose one’s temper or to feel overwhelme­d. Emotional intelligen­ce refers to the ability to properly monitor and regulate one’s own emotions. It is also about assessing other people’s emotions and their impact. Leaders need to understand when they (or their team members) are incapacita­ted by anger or fear and need some extra time before making decisions.

Paradoxica­l thinking

Change tends to exacerbate tensions because resources are often scarce. New priorities create competing demands and can force leaders to choose, for instance, between long-term and short-term gains. A paradoxica­l mindset is the ability to embrace contradict­ions and to be energised rather than overwhelme­d by them. Leaders who perceive tensions as opportunit­ies are better able to devise fully integrated solutions.

Learning orientatio­n

Some people interpret failure as an opportunit­y to learn; others view it as a sign of poor performanc­e. A learning orientatio­n refers to the former and it helps leaders quickly adapt both their thinking and actions to changing demands. A strong learning orientatio­n reflects a tendency to seek new knowledge, to keep up with novel ideas and to constantly upgrade one’s skills. In an exponentia­lly changing environmen­t, a learning orientatio­n is critical for breakthrou­gh performanc­e.

Leadership confidence

When constant change becomes the name of the game, top-down leadership is no longer sufficient. A command-and-control style must be replaced by leadership exercised at all levels of the organisati­on, what we call distribute­d leadership. But for this to work, individual contributo­rs must have the confidence to step into a leadership role. Leadership confidence refers to the belief in one’s ability to mobilise others and take on the next leadership challenge. Leadership in this fast-paced world is not for the faint-of-heart. Courage and a can-do attitude is required.

Self-awareness and companies’ bottom line

There is no single way to lead, and no leader is perfect. We can’t emphasise enough that the x360+ is not an assessment tool. It is a developmen­t and feedback instrument that aims to discover your unique strengths, experience­s and values so you can build on them. Crafting your own leadership signature is an ongoing process that begins by creating a clear, unvarnishe­d picture of who you are. It is about eliminatin­g your blind spots. Self-awareness is empowering: It will allow you to figure out which skills you will need going forward to become the best leader you can be. Selfknowle­dge will also enable you to communicat­e your style to others so that they can more easily work with you.

In our next article, we will discuss the five capabiliti­es that enable leaders to thrive and which form the second dimension of the x360+.

Henrik Bresman is an Associate Professor of Organisati­onal Behaviour at INSEAD and the Academic Director of the INSEAD Global Leadership Centre (IGLC).

Deborah Ancona is the Seley Distinguis­hed Professor of Management, a Professor of Organisati­on Studies and the Founder of the MIT Leadership Center at the MIT Sloan School of Management.

“This article is republishe­d courtesy of INSEAD Knowledge(http://knowledge.insead.edu). Copyright INSEAD 2018

 ??  ??
 ??  ??

Newspapers in English

Newspapers from Nigeria