Grabbing the Reins with Passion and Purpose What
Grabbing the Reins with Passion and Purpose What it will take for young leaders to successfully guide businesses into the future Presented by Caryn Walsh Pure Magic International Business Solutions
What I will talk about today Getting the Generations right Challenges for Businesses employing different Generations today Gen Y – Connected in a different world Paradigm Shifts in Business today What you want! Myths about employing Generation Y Gen Y in business – how you roll! Your Attitude is everything! Challenges you face in leading Businesses and the World Levels of Leadership Competencies and Examples Leadership: Tasks and Relationships Transformational and Servant Leadership 10 Guiding Principles of Servant Leadership Leading Fiji into the Future
Getting the Generations Right Generation Z –(i. Gen or Post Millenials) Early 2000’s to 2025 i. Gen, Gen Z or Centennials: Born 1996 and later Millennials or Gen Y: Born 1977 to 1995 Generation X: Born 1965 to 1976 Baby Boomers: Born 1946 to 1964 Traditionalists Born 1945 and before
Today we focus on what young leaders need to do to successfully guide businesses into the future
Gen Y in Business – How you roll! Mobile, tech-savvy, ambitious 28% of managerial positions in the USA are held by Gen Y’s Confident, motivated and want work-balance The ‘Entitlement’ Generation The most highly educated generation of all time Best educated but many struggle in poor economic environment Most vulnerable generation in economic downturns Youth unemployment higher than older generations In European markets 1/5 th of under 25’s are unemployed
What do you need to do to step up? Simply, learn how to communicate and collaborate across an Organisation/Village/Nation in an authentic way Richard Branson, 2016
Challenges employing different Generations today Creating a suitable environment for all generations Differing values across the generations Old traditions versus new ideas Hard work versus work-life balance Attitudes and stereo-types: You’re young and lazy versus Stop Being a Dinosaur
In pairs, discuss … The one thing you like most about working with an older Generation? The one thing that frustrates you about working with an older generation?
Paradigm Shifts in Business Older Gen: Work hard now, earn and retire (much) later Gen Y: Work hard to carve a career that bears fruit now and later What’s changed? Technology has changed the way we live – Can work anywhere and anytime. Changed the world -----------------------------------------Older Gen: Exotic adventures, global travel and spare time is for the super-rich only Gen Y: Bits of travel here and bits of travel there. Let’s live the dream every day seeing the world one piece at a time What’s changed: Technology has opened the world, with increased access to meaningful and often cheaper platforms like Air BNB and Uber -----------------------------------------Older Gen: Money is the main form of wealth Gen Y: Time is wealth and our most precious commodity. Let’s not waste it What’s changed: Technology of the 21 st century that says ‘increase our personal options, not our personal possessions’
Gen Y: Connected in a different World! Networking Platforms Promote yourself Platforms Email marketing Platforms Share my photos Platforms Share what I’m doing Platforms Meet up Platforms Marry me Platforms It’s over. I’m outta here Platforms For BB we think ‘Gen Y exhausts us Platforms!’
Gen Y are pushing back against traditional work barriers at hierarchical Organisations that require slow, staggered career progression. Thanks to people like Zuckerberg, Gen Y now know its possible to spot enormous opportunities to create their own unique paths
Want you Want! You want good learning and development opportunities You want to be treated equally You want flexibility at work and a good mentor You want a ‘fun’ philosophy – making the workplace enjoyable where a feeling of belonging is strong, regardless of age You want autonomy – Firm rules and guide-line within which to work. You want be part of decision making - young but not stupid Transparency – Not Y but why? You are savvy, globally connected and enthusiastic! You don’t want to be micro-managed
Myths of Generation Y at Work Disrespectful of Authority Flippant and disloyal to the Organisation Lazy and narcissistic
Challenges you face in business and the world today An ever changing world Conflict, International Terrorism Economic downturns Global financial uncertainty? Smaller business world with more players Increased competition Increasing diversity, prejudice and stereotyping
Attitudes are everything The way you behave The way you lead The way you treat elders The way you treat peers Your Attitude is critical to your success!
Leadership is a Decision. Make it! Leadership is an Obligation. Step up! Leadership is Tough Work. Do it! Leadership is a Community. Share it! (Source: Lee Harrison)
Levels of Leadership Competencies Source: http: //www. nwlink. com/~donclark/hrd/case/chart 1. html Core Leadership Professional Sound Communication skills Articulates the Vision well Statesman Resolves conflict well Ability to form and lead teams effectively Effective international leader
Leadership Competency Examples Accountability and Responsibility Communicates well and often Ethics and Integrity Organisational Understanding Change Leadership Results Orientation/Achievement
The 3 most important of them all 1. Active Listening 2. Empathy 3. Emotional Intelligence
Leadership: Tasks and Relationships Leadership Tasks Relationships
Tasks in Leadership Theory – learn how, where, when and styles Vision – Know where you are going and what you want to achieve Work your Plan and Plan your Work Takes calculated risks Clear decision making Focussed on goals and achieving outcomes You don’t know it all – yet! Time Management – There is no ‘Fiji Time’ on the international Leadership clock
Relationships in Leadership Personal ability to relate well Learn to listen Optimistic and Positive Consistently humble, grateful Seek win-win at all times Collaborate, talk things out, don’t talk negatively about others Be patient with older generations - Technological dinosaurs Be a positive role model for younger generations Managerial Courage Abundance Mentality – Life and business is not about Dog eats Dog Emotional Intelligence. IQ gets you in the door but EQ gets you up the ladder Leading as a Servant
Two Critical Leadership Styles to take the Nation Forward
Transformational Leadership This leader ‘transforms’ their people into a more fully developed, competent, capable person, group They grow something old into something new Ongoing mentoring/coaching/seeking opportunities to grow and develop them Effective leaders are approachable, committed and fair!
Characteristics of a Transformational Leader Strong role model Communicates well and is articulate in expressing expectations Is confident in themselves and expresses confidence to their people Meets leadership competencies Is goal focussed Motivates their people influentially
Servant Leadership Servant leadership is based on ten key principles The leader’s role is to serve their people to achieve and aspire in all they do Servant Leadership http: //www. butler. edu/volunteer/resources/principles-of-servant-leadership The servant leader has as their primary role the desire to serve and look after their people
Ten Principles of Servant Leadership Listening Empathy Healing Awareness Persuasion Conceptualisation Foresight Stewardship Commitment to the Growth of people Building the Community Servant Leadership http: //www. butler. edu/volunteer/resources/principles-of-servant-leadership
You are the Future! Focus on serving others to build yourself Your Family Your Village Your Community Your Country The World
The answer to leading your country forward into the future is to help build its leadership capabilities, to enhance the nation’s competence by influencing others and to help Fiji become the world leader, even if small, that it is destined to be!
A diamond for one of you in the Audience today
I hope you like what you heard today I hope that you are able to take valuable lessons out of the session today and lead well. The outcomes you have will be directly related to the amount of work you put in! Sparkle on! Tom Crum We would be happy to talk to you about any Organisational or people issue you have! Kind regards Caryn Walsh www. puremagicbusiness. com. au info@puremagicbusiness. com. au
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