Principle of Transformational Leadership Summary

Principle of Transformational Leadership
By PEMANDU CEO & ABC Chairman

2 Highlights
- Welcome address by ABC Chairman – Margaret.
- Keynote address by Dato Sri Idris Jala
- Panel discussion
- End

ABC Welcome Address
- The relevance and reexamination of ABC’s existence
- Review of media’s history
- ABC’s role (www.abcm.org.my)
- Guidelines for readership circulation figure vs. claimed circulation figure
- ABC’s agenda
- To raise awareness on importance of a concerted effort to insist ABC-audited readership circulation numbers for media circulation
- Introduce Digital Accountability

“Self Regulation is the way to go.”




Principle of Transformational Leadership
- BIG
- Results
- FAST!!!
- vs. Kaizen/ Continuous Improvements

6 Secrets of Transformation
1. Game of Impossible.
2. KPI Anchorage.
3. Discipline of Action.
4. Situational Leadership.
5. Winning Coalitions.
6. Divine Intervention.

“Counter your fear of failure or you will die not fulfilling your full potential.”

(1) Steps to Make the Improvements HAPPEN
1) Future-based Stand:
- Manage the present from the future.
2) Set “Olympic” Targets:
- Very few precedence, difficult to justify.
3) Conquer the FEAR OF FAILURE:
- Conversations.!
4) Create a game so LARGE it will CONSUME YOU!


(2) Anchoring KPIs
1) Define your True North.
2) Communicate the True North.
3) Ask always, “Does it move the needle?”


Prioritize
- Know what constitutes SUCCESS.
- Anchor the P&L.
- Decompose the P&L, find the routes.

(3) Discipline of Action
Examples:
- Only 5% students with learning disability but only 5% scored straight A’s. Why?
- Level of intensity and discipline.
- “We are born lazy.”
Daily P&L Statement at 5pm.
Track Activity Results – Gantt Charts
When does activity results enter P&L?

"No point dribble but don’t score. Track outcome and results."


(4) Situational Leadership
- Based on Team Development.
- 4 stages:
1. Orientation
2. Dissatisfaction
3. Resolution
4. Production
- Charting difference on Productivity (Competence) vs. Morale (Commitment)
- Directive Style  Empowering Style


“No breakthrough without breakdown.”


“Good leader is one who intends to make himself redundant.” – CEO of PEMANDU, Dato Sri Idris Jala, inspired by Mandela.


“The graveyard is full of indispensable people. When they die, the whole world is doing so much better.” - Anonymous


(5) Winning Coalition
1) GLC – Conflicting stakeholders’ requirements:
- Government vs. Investors;
- Business vs. Politics.
2) Investor Relations
3) Staff Engagement.
4) Collaboration with competition*.


Manage polarity.


(6) Divine Intervention
2 experiential Human Paradigms.

1) Human beings have limited control/ influences over what happens.
- 40% controllable; 60% uncontrollable.
2) Life is a continuous reduction of options.


How to get Divine Intervention?
1. On values and actions.
2. On ethics
“The quality of individuals are reflected in the standards they set for themselves.” – Ray Kroc.
3. On self renewal
“Keep your face to the sunshine and you cannot see the shadows.” – Helen Keller.
Actually you have enough. - Theory of Enough by Charles Handy.


On Ethics
- Bring the grey to the white (board) to discuss, and have an audit trail. Don’t make the decision based on your own conscience. Because the longer you do so, your conscience can also be modified. It will only be a natural progression.
- For business ethics, make decisions collectively & detail the meeting minutes in notes.


“Know every day you’ve done your best. If you fail eventually, it’s okay.” - Dato Sri Idris Jala.



My Question:
How far should we be willing to go to achieve transformational results/ goals? At what costs?

Costs of Transformation includes:
1. Real monetary costs,
2. Opportunity costs,
3. Risk costs,
4. Morale costs, and
5. All together hidden costs.


Hope you like what i shared from today's talk by Dato Sri Idris Jala, CEO of PEMANDU and ABC Chairman Margaret Lim.







Again compiled and reinterpreted for you by
myvisionsmyideals.blogspot.com