This file contains the presentation slides on a session I conducted with PIKOM on "Leading Millennials" - it highlights what we need to do as leaders to grow our Millennials in our workforce to become great leaders. you can also go to www.leaderonomics.com for more articles and insights on leadership development
2. Insights on Leadership for the 21st Century
Leading The Millenials
Roshan Thiran
roshan.thiran@leaderonomics.com
www.facebook.com/roshanthiran.leaderonomics
3. Are the “world’s best” leaders
born or developed? Is
leadership genetic or learned?
Question
4. Growth
Time
My “Growth” Experiences
10. Johnson & Johnson
Industry : Healthcare
Function: HR
Global Role
9. GE Asia Pacific
Industry : Multi
Function: HR
Asia Role
7. GE Aircraft
Industry : Aviation
Function: Finance
CFO & ED 8. GE Crotonville
Industry : Multi
Function: HR
Learning Role
6. GE CIG
Industry : Multi
Function: IT
Project Mgmt Global
5. GE Capital
Industry : Financial Service
Function: Finance/Sourcing
Europe Leader
4. NBC Universal
Industry : Media
Function: Finance
Product Leader
1. GE Investments
Industry : Investment Banking
Function: Business Dev
Individual Contributor
3. GE GCS
Industry : Oil & Gas
Function: Finance
Inventory Mgmt
2. GE International
Industry : Multi
Function: Finance
Analyst Global
12. Leaderonomics
Industry : Multi
Function: CEO
Business leader
11. Star Media Group
Industry : Media
Function: CEO
Business leader
11. Time
Current Reality – Self Awareness
Ability/Achievement
Decision-making
GAP
Purpose/Vision
The Essence of Leadership is . . .
Learning/
Execution/
Action
GAP
Fuels our energy
Ensures reality
14. 70% of all Change or Transformation programs
Our research on Change has the following findings on
transformation projects:
•100% of all “Successful” projects had a good technical
solution/approach to it
•98% of all “Unsuccessful” projects had a good technical
solution/approach to it
19. My Research on Organisational Constraints
THE 4 CONSTRAINTS THAT ARE SUFFOCATING YOUR MILLENIAL TALENT
Note: The 4 constraints model is based on the work of
Roshan Thiran who spent more than 20 years studying
various successful and failed organisations. The model is
copyrighted to him and has been used in many successful
organisational growth, transformation and scaling projects
23. Principle
Talent needs to be MANAGED
& DEVELOPED. This includes
enabling talents to maximize
potential and grow
Process and Tools
Succession Planning
Performance Mgmt
Career Paths
Talent Pools
Leadership Development
Programmes
Learning Curriculum
Talent Acceleration
Programmes
Feedback & Reflection
Principle
Identify & select leaders that
have the passion, desire and
ability to make a difference
in your organisation
Process and Tools
Entry Level Leadership
Program
Competency Model/Values
Enterprise Assessment
System
Interviews & Assessments
On-boarding
Cultural Assimilation
Principle
To retain talent, 2 key factors:
1. Internal motivations (comp/ben,
engagement
2. External factors (company brand
& mktg perception)
Process and Tools
External Branding initiatives
Mentoring Programmes
Engagement Programmes
Total Rewards Structure (Comp &
Ben)
External Perception of the
Organisation & Leadership
Culture of Organisation
Organisational Responsibility – The Talent Process
Talent
Acquisition
Talent
Development
Talent
Retention
An Infrastructure to Enable
Leadership Development
24. Companies work hard to
remove the constraints and
build the proper processes,
culture, leadership and biz
model for your success
What does this mean?
25. Are we building processes so that
every single manager in your
organisation is a people developer?
Or do we just prefer to send people
for training randomly?
Question
26. Root of many issues
Culture is the
Has to be
intentional
Beliefs &
experiences
determine results
29. “For performance to go any higher,
the limitation is not competency,
…it is culture.”
Joseph Tan
CEO, Leaderonomics Good Monday
Who creates culture at your organisation?
Each & everyone of you
31. 2. Individual Aspirations & Motivations
Does your Millennial talent
WANT to be a leader?
Is your talent WILLING to go
through the pain of leadership
development?
34. Potential
Millennials need to understand Potentials does not mean
performance
A measure of
demonstrated
desire to take on additional
responsibility and
motivation for progression
and growth
A measure of
skills and
capabilities to
learn and
grow in the
future
Future
Aspiration
Ability to
Learn
Potential
Demonstrates
ability &
aspiration to take
on tasks beyond
peers of same
level and track
record
35. How many of you like
to learn?
Question to the class
36. “Learning… the process by which change in
knowledge or skills is acquired through
learning or experience”
Key Questions:
1. Change?
2. Learning
3. Experience
Learning….
39. 1. What percentage of people reach their target weight ?
2. What percentage of people maintain their target weight?
3. What percentage of people quit smoking and never start again?
4. What percentage of people quit smoking after a physical crisis?
5. What percentage of re-engineering efforts are successful?
6. What percent of companies on the 1955 Fortune 100 list are still
around today?
7. What percent of Fortune 500 companies on the 1970 list had vanished
by 1985?
8. What percent of executives in Fortune 500 companies who had
financial losses in 1993-1994 attributed it to poor leadership and lack of change?
4%
1%
16%
43%
30%
32%
41%
>50%
Change Quiz
40. Learning is painful….
“I listen, and I forget; I see, and I understand; I do, and I can” – Confucius
Source: Pesquisa IBM; Whitmore, “Coaching for Desempenho”
42. If learning is so hard (and
nobody likes it), how do we
get our Millennials to keep
learning?
Question to the class
43. • 70% of skills are learned from EXPERIENCE:
- Provide them challenging projects to complement their current role
- Get them to volunteer for special projects that will stretch and force them to
learn and gain new experiences
• 20% of skills are learned from FEEDBACK:
- Create opportunity for feedback from their bosses, peers and subordinates.
- Give 360 degrees feedback and schedule weekly/monthly feedback sessions
- Encourage them to give feedback to others when it is appropriate and needed
• 10% of skills are learned from TRAINING/PRACTICE:
- Provide them time to practice whatever they learn
- Encourage them to time to learn online or through reading
- Always push them to look for ways to improve – be better tomorrow than
they are today
What Millennials need to do to keep Learning:
44. Time
Current Reality – Self Awareness
Ability/Achievement
Decision-making
GAP
Purpose/Vision
The Essence of Leadership is . . .
Learning/
Execution/
Action
GAP
Fuels our energy
Ensures reality