Leadership in a Global Economy July 20, 2005

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Leadership in a Global EconomyJuly 20, 2005
Stephanie Halliday Kelly Vice-president Human
Resources, North America
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Is leading today really different?
Are we really going global?
The translatable leader
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What Makes a Leader?
Niccolo Machiavelli, The Prince
The word leader first appeared in the English
language
Plato and his colleagues established the Paidea,
a school for leadership in early Greece
Confucius sought laws of order between leaders
and subordinates
1513
551-479 BC
1300s
428-347 BC
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What Makes a Leader?
Charismatic/Transformational
Which leadership behaviors succeeded in specific
situations
Excellence
Leaders define vision and inspire change through
learned behaviors, introspection and values
Interaction of traits, behaviors, key situations,
and group facilitation allows people to lead
organization to excellence
Contingency/Situational
Key behavioral patterns result in leadership
Behavior Theory
Universal traits are common to all leaders
Leadership emerges and develops in small groups
Trait Theory
2005 Level 5 leaders combine personal humility
and professional will
Group Theory
1930
1940
1950
1960
1990
1980
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What Makes a Leader?

• Peter Drucker
• "The only definition of a leader is someone who
  has followers"
• John C Maxwell
• "Leadership is influence, nothing more, nothing
  less"
• Walter Lippman
• "The final test of a leader is that he leaves
  behind in others the conviction and will to carry
  on"

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Going Global
1990-
1500-1800
1950-1990
Phase 1 Empire European countries competed to
use their superior technology to create worldwide
empires.
Phase 2 Multinational Markets International
Monetary Fund, World Bank, and World Trade
Organization, spur US to drive a new era of
globalization characterized by the advent of the
multinational, globe-spanning company that saw
the world as its market.
Phase 3 Global Economy Political change
drives 3 billion toward capitalism highly skiled
workers at lower rates of pay are available at a
time when technology erases time and distance.
Classic assumptions of international economics
are upset.
Excerpts from YaleGlobal, 15 April 2005, Clyde
Prestowitz
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Challenges of Being Truly Global

• Think global act local
• Global vs multi-cultural
• Information overload and the right funnel
• Communication
• Style
• Frequency
• Content
• Equity versus Equality
• Dumbing down syndrome
• Geography
• Time
• Distance

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Clues
Akio Morita in 1967
Bill Gates in 2001
Diana, Princess of Wales
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Translatable Leaders

• They usually began with a set of strong personal
  core values and a relentless drive for progress
  and had-most important-a remarkable ability to
  translate these into concrete mechanisms Jim
  Collins
• Translation requires visibility
• Principled
• Capable
• Believable
• Human
• "Leadership is a function of knowing yourself,
  having a vision that is well communicated,
  building trust among colleagues, and taking
  effective action to realize your own leadership
  potential Warren Bennis

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How do you get there?

• The question you need to ask yourself everyday
  is would you follow you? Dinesh Paliwal

• Evolutionary Thinking
• Flexible
• Open
• Never surprised by the world
• Information Arbitrage
• Multi channel
• Rotational investment

• Empathic Listening
• Seek to understand
• Context drives perception
• Storytelling
• Provide insight/contextual clues
• Portal to humanity

Translatable leaders are not only able to
interpret across cultures, they are themselves
interpret-able
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Thank You
stephanie.kelly_at_cognizant.com www.cognizant.com