Showing posts with label Deloitte. Show all posts
Showing posts with label Deloitte. Show all posts

September 01, 2023

Unambiguous Leaders Are Rare

"The enemy of accountability is ambiguity."

--Patrick Lencioni 

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What does it mean to be personally ambiguous when you're in a position of responsibility?

And why are unambiguous leaders hard to find?

Before pursuing that last thought, let's begin with a definition of ambiguity to determine its opposite. Dictionaries define ambiguity as "any concept, idea, statement, or claim whose meaning, intention, or interpretation cannot be definitively resolved." 

Put simply, it means being vague or uncertain.

Writer Don Hermann explains that the "lack of clarity in communication, mission, and vision is nothing less than a productivity and performance killer. In short, ambiguity does nothing more than destroy profitability while protecting ineffective leaders."

Hermann underscores that ambiguity is not a leadership value--but dealing with ambiguity is. Facing uncertainty and lacking complete information is an ever-present reality. Gathering more data doesn't reduce or resolve ambiguity. At some point, hesitation only postpones critical choices, making them harder to implement. 

Our decisions will ultimately be a judgment call based on our values.

Yuval Levin reminds us that to govern is to make hard choices with incomplete information. "The pandemic shows there are no purely technical solutions for problems that demand political leadership," he says.

A study by Alexander Batsuk at Deloitte illustrates that skillfully dealing with ambiguity can help a leader succeed. "This quality deals with situations with limited information and uncertainty of outcomes in the absence of clear direction.

"On the other hand, those who lack in this area simply get paralyzed by uncertainty. A large part of the problem is social acceptance. We want to be respected by others and be perceived as fitting into the surrounding community. When you're ambiguous, there is the possibility of sounding 'neutral.' When you're clear, there is a possibility of being wrong. And who wants to be wrong," Bastuk concludes.

Observers of management behavior say that those who do their best to avoid personal ambiguity have the characteristics of honesty, decisiveness, competence, and being apolitical to the extent possible.

When Confucius says, "The moral virtue of the king is like the wind, and that of the people is like grass: whichever way the wind blows, the grass bends," he is trying to teach something about the importance of the leader's moral character. (Oxford University Press)

So why are unambiguous leaders rare? 

The answer correlates with a high percentage of the populace having low levels of self-awareness; many need help knowing who they are or what they believe.

In a series of surveys, 95 percent of respondents identified as self-aware, but only 10 to 15 percent were truly self-aware. 

Three reasons were given for this disconnect. First, we have blind spots. We're wired to operate on autopilot, unaware of how we're behaving and why. There's also the feel-good effect--we're happier when we see ourselves in a more positive light. That last trait is a "cult of self" courtesy of social media. (Insight, Currency Publishers) 

Oxford Languages defines self-awareness as "conscious knowledge of one's character, feelings, motives, and desires."    

Here's another perspective.

"Put simply, self-aware people can interpret their actions, feelings, and thoughts objectively," says Executive Coach Meredith Betz. "It's a rare skill, as many of us spiral into emotion-driven interpretations of our circumstances. Self-awareness is important because it allows leaders to assess their growth and effectiveness and change course when necessary," Betz adds.

Conversely, those with low self-awareness fail to hold themselves accountable, are dismissive of others, fail to consider the consequences of their actions, and tend to be judgmental. (PsychCentral.com)

Why or what?

One way out of the internal and external self-awareness dilemma is to switch from asking, "Why don't I speak up at meetings?" to "What can I do to overcome my fear of speaking up?" Psychologists say that "why" questions tend to deepen our negative thoughts. "What" questions move us toward particular outcomes. 

"Thinking about why one is the way one is may be no better than not thinking about oneself at all." ((J. Gregory Nixon and William Swann)

Beware experience and power.

Studies show that people only sometimes learn from experience. And just as experience can lead to a false sense of confidence about our performance, it can also make us overconfident about our self-knowledge. The more power a leader holds, the more likely they are to overestimate their skills and abilities. (Tasha Eurich, Harvard Business Review)

Professor James O'Toole suggests that as a leader's power grows, their willingness to listen shrinks, either because they think they know more than their employees or because seeking feedback comes at a cost they are unwilling to pay.

Therefore, understanding the rarity of unambiguous leaders leads us to a profound truth. Being unequivocal with others means first being unmistakable with ourselves.


Strategist.com

© Bredholt & Co.


  

 




December 01, 2022

A Path to Corporate Well-Being

 "The greatest wealth is health."

--Virgil

One of the more significant life changes in the past 36 months is how people think about work. 

"The pandemic changed a lot of things--probably permanently--about the relationship between people and the way they view work. This intimately ties into the job stress--mental health link," says Chester Spell. Ph.D., professor of management at Rutgers University.

Dr. Spell's observation is certainly accurate for workers under 40. 

Gallup's State of the Global Workplace report underscores the negative impact from 2020 now carried over into subsequent years. 

"Younger employees (those under 40) have more stress and anger, lower employee engagement, and lower well-being than older employees," writes Ryan Pendell. "Leaders, particularly those who come from older generations, need to recognize that well-being support looks different for different stages of life," he adds.

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To examine well-being, we turn to a comprehensive study conducted by Deloitte and Workplace Intelligence. The research extended to four countries: the United States (57% of respondents), United Kingdom (14%), Canada (14%), and Australia (14%). Fielded in February 2022, the survey targeted executives and employees between 18 and 76 years of age, working full-time.

There were 2,100 respondents, 1,050 C-suite, and 1,050 employees.

The results of the Deloitte survey reflect a younger global workforce, 63% under 45 by 2025, and pick up on attitudes found in the Gallup study.  

Key findings

Well-being is high on the list of corporate priorities. 

"While the pandemic brought worker safety in the spotlight, there's also been an increased focus on the overall poor state of workforce well-being and the role that organizations play in determining the quality of life for employees and their families," the report concludes.

It may be stating the obvious, but the authors note that work often works against well-being. 

How can C-suite leaders improve their employees and their well-being, something millennials and Gen Z desperately want from employers? 

And how would any company-sponsored wellness programs include remote or hybrid workers? 

Is a new direction possible?

Rethinking and executing a new organizational wellness initiative will take time--and hard work. Unfortunately, there are few practices to measure against as this period is filled with new behaviors.

The Deloitte study confirms that employees and the C-suite struggle to prioritize their well-being. But, again, the data show work is primarily to blame. The problems include outdated work schedules, having to be "always on," substandard wages and benefits, and the idea of sacrificing health and personal lives for their job. 

Closed offices and work-from-home situations were not highlighted. 

"The pandemic has worsened everyone's health, but executives don't realize how much their employees are struggling," the report states.


Deloitte says, "Fatigue and mental health issues show up among employees and executives. Well-being, or the lack of it, doesn't discriminate among rank."


Optimism is a character trait in higher positions. For example, eight of 10 global executives believe their people are thriving in all aspects of their well-being. Yet, the four-country study shows that while 57% of employees consider quitting for a more supported job, nearly seven out of 10 executives think about doing the same. 

So much for management positivity. 

Where does the process begin? 

A corporate culture of well-being begins at the top but requires broad participation. Even with prevalent mental health issues, everyone has the potential to contribute to institutional wellness through personal wellness.

"Taking control of our thoughts and behavior is key to protecting our mental health. One of the central tenets of cognitive behavioral therapy is the belief that it is often not external events themselves but our interpretation of those events that lead to our difficulties," writes Kirsty Miller, Ph.D., a psychologist based in central Scotland. 

"This way of thinking is empowering as it returns control to the individual," Dr. Miller emphasizes. 
 
It's encouraging that young leaders are showing the way.


Notably, 80% of the Deloitte respondents agreed that workers are likelier to be healthy when executives are healthy. Personal well-being is, therefore, a viable path to corporate well-being. 

How important is that finding?

Best-selling author, Patrick Lencioni, summarizes this way: 

"Organizational health will one day surpass all other disciplines in business as the greatest opportunity for improvement and competitive advantage."




Strategist.com

© Bredholt & Co.