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organizational core values

What’s Not Going to Change for Your Leadership

September 25, 2019 By Patti Cotton Leave a Comment

What’s Not Going to Change for Your Leadership
Image Credit: Shutterstock

Jeff Bezos, the founder of Amazon, once observed that he is frequently asked what would change in the next 10 years.

His answer has really influenced the way I approach my work with CEOs and their teams to make change.

Jeff said, “I almost never get the question: ‘What’s not going to change in the next 10 years?’ And I submit to you that that second question is actually the more important of the two — because you can build a business strategy around the things that are stable in time…

“In our retail business, we know that customers want low prices, and I know that’s going to be true 10 years from now. They want fast delivery; they want vast selection. It’s impossible to imagine a future 10 years from now where a customer comes up and says, ‘Jeff I love Amazon; I just wish the prices were a little higher,’ [or] ‘I love Amazon; I just wish you’d deliver a little more slowly.’ Impossible.

“And so the effort we put into those things, spinning those things up, we know the energy we put into it today will still be paying off dividends for our customers 10 years from now. When you have something that you know is true, even over the long term, you can afford to put a lot of energy into it.” (Source: Jeff Bezos at reInvent, November 2012)

How does this relate to leadership?

Character.

In a world of variables, character is the foundation of excellent leadership. And this will never change.

Is your foundation firm?

If you are a regular reader, you receive regular leadership tips and tools on how to be effective.  I write about problem-solving, making change, confrontation and critical conversations (and more!) – all skills and competencies that you as leader must manage effectively.

But unless you possess the strength of character to put these tools to work, your results in these areas and all others will be compromised.

Why don’t leaders and their teams give greater focus to this? Well, character is hard to define. And measuring it also becomes a question.

This means that these decision-makers tend to shy away from it and turn to other aspects of development to their own detriment.

Ivey Business School’s professors Crossan, Gandz, and Seijts remind us, “When it comes to leadership, competencies determine what a person can do. Commitment determines what they want to do, and character determines what they will do.” (Crossan, Gandz, and Seijts, Developing Leadership Character, Ivey Business Journal, January/February 2012).

There are 10 leadership virtues, a key part of character, that Crossan, Gandz and Seijts have identified:

  • Humility is essential to learning and becoming a better leader.
  • Integrity is essential to building trust and encouraging others to collaborate.
  • Collaboration enables teamwork.
  • Justice yields decisions that are accepted as legitimate and reasonable by others.
  • Courage helps leaders make difficult decisions and challenge the decisions or actions of others.
  • Temperance ensures that leaders take reasonable risks.
  • Accountability ensures that leaders own and commit to the decisions they make and encourages the same in others.
  • Humanity builds empathy and understanding of others.
  • Transcendence equips the leader with a sense of optimism and purpose.
  • Judgment allows leaders to balance and integrate these virtues in ways that serve the needs of multiple stakeholders in and outside their organizations.

And now, let’s examine how they outline that these affect leadership:


(Source: Crossan, Gandz, and Seijts, Developing Leadership Character, Ivey Business Journal, January/February 2012)

You can see how these character traits undergird all that you undertake, and this will not change.

Which of these leadership character traits needs sharpening for you? Your team? Decide to give greater focus to this. Because taking your organization into the future will always begin – and end – with character.

HOW MUCH

DO OTHERS REALLY TRUST YOU?

​Learn the two vital parts to trust and how they can help you become a more highly effective leader.

GET THE INFOGRAPHIC


© Patti Cotton and patticotton.com. All rights reserved. Unauthorized use and/or duplication of this material without express written permission from the author is strictly prohibited. Excerpts and links may be used, provided that attribution is made to Patti Cotton and patticotton.com, with links thereto.

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

Five Steps to Charter Team Values

May 1, 2019 By Patti Cotton Leave a Comment

Five Steps to Charter Team Values
Image Credit: Shutterstock

Are you and your colleagues living up to your team’s core values?

Core values serve as a GPS to shape culture, drive better decisions, and sharpen best behaviors and attitudes.

Sadly, most don’t understand why they need core values at the team level, nor how to use these to move from average to high performance.

How do team core values differ from organizational core values? And how do you make your team’s values come alive?

I work primarily with leaders and their executive teams who are ready to either merge, realign, or grow. They know they need to improve the way they work together in order to tackle new vistas.

Part of the work I do is help the team create its own identity, establish a safe psychological space in which to work and play, and recognize its personal team power. These three factors are what go into creating a highly emotionally-intelligent team – one which outperforms others.

Without getting into the weeds in this article, part of the work we do together to accomplish this involves creating a team charter – a set of operating rules that the team creates together, and which are based on its core values. In other words, we define the attitudes, behaviors, and ways of doing that reflect the team’s values.

For example, if a team’s core values include honesty, the charter might define what honest conversation looks like, what honesty looks like in the face of conflict, etc.

Chartering your team’s core values in this way makes them come alive. It is powerful and serves as the foundation of your team culture.

What is important to remember as you develop active core values?

Here are five steps to keep in mind.

  1. Develop your values with full team participation.

Every person on the team needs to be involved in the process of defining your values. This creates buy-in and ownership. Do you have someone who is reticent to participate or to speak up? Make sure you include them and let them know their weigh-in is important.

  1. Hold a discussion with your team on what these values mean for you.

It is not enough to pick a word to represent each value – you collectively need to come up with a definition that reflects what you mean by that word choice. Craft together two or three sentences that expand on the value’s meaning until you feel it reflects clear definition to the team.

  1. Identify attitudes and behaviors that support these values.

Take some time to talk about how you should relate to each other (and other teams) in light of your values. If one of your values is integrity, what kinds of attitudes and behaviors reflect this? What needs to change in order for you to fully embody each value?

  1. Assess your systems, processes, and protocols to ensure these support your values.

Do a review of these to see if they support your values. What changes need to take place in order to have these align with your values? This is truly systematizing a team culture.

  1. Accountability as a way to fully integrate your values.

How will you hold yourself and others accountable for the way you embody your charter? I suggest you define this, and then do a spot check-in at least once monthly. Be candid in rating the team – and if you are courageous, ask an external stakeholder to review your values, their definitions, and to share with you any gaps or growth opportunities they see in the way your team lives these.

Are you and your colleagues living up to your team values? Where do you need to start?

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© Patti Cotton and patticotton.com. All rights reserved. Unauthorized use and/or duplication of this material without express written permission from the author is strictly prohibited. Excerpts and links may be used, provided that attribution is made to Patti Cotton and patticotton.com, with links thereto.

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

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