The impact of this global pandemic that started almost a year ago has been felt in a magnitude of different ways. For some industries such as travel, leisure, hotels and tourism it has been brutal. The business has almost vanished, at least for now. For other sectors, such as the IT industry, it has been the opposite, and it has fueled growth and new opportunities (Zoom, Slack, Amazon etc).
Digitalization started before the pandemic, yet has undergone a real acceleration in many ways. Effecting how we work , how we interact with people and how businesses are being run. DNB Markets in Norway have just run a survey with 151 global companies. The conclusion is that working from home is here to stay and increase: we will spend 3X as much time working from home after the pandemic as we did before. Another example is the adoption of buying food over the internet by the older generation, (those born in the 30’s and 40’s) who had less than 1% adoption before Covid, but now have over 22%. Many companies have also been forced to reduce staff as a means to meeting the economical challenges and a means to survival. Currently, few companies, have the luxury to recruit new staff to meet the ever-existing needs for upskill. “Pack light” and do better with the teams you have is the only option for many.
Feeling the pressure to deliver results in good times and bad times, leaders can face a variety of challenges:
If I look back over the past 30 years at my own journey as a business leader, like many others, I have faced the challenges of recessions and technology disruptions, nevertheless most of the times have turned out to be successful or at least really good progress has been made. I am certainly not a genius, the achievement has come from great teamwork, where members have been engaged, and have worked synergistically and provided innovative ideas and solutions. I have learnt many good lessons through the long journey of leadership and personal development.
It’s based on the research that Mrs. Liz Wiseman has done with thousands of leaders from around the globe. Her work showed that leaders of high performing teams demonstrate four traits that they do consistently, which bring an increased engagement and effectivity out from the existing teams. The four traits are called multiplying behaviors. Her research identified that these four core behaviors will ignite the full intelligence of others and dramatically improve the results they get.
The traits are as follows;
It is common that successful leaders have other behaviors as well, which have often been instrumental to their success and career. However these strengths when overly used will turn into diminishing behaviors and thereafter lead to a reduction of the engagement and drain the intellect of the team members. These behaviors are called accidental diminishing behaviors. Being aware of these accidental diminishing behaviors and balancing the behaviors is a key insight of being a multiplier.
At Franklin Covey we have turned her research and knowledge into an effective leadership solution, to be used at all levels in a company, and delivered live, or online / virtual training. The program requires a short amount of time and is proven to significantly improve the overall performance and genius of a team. The staff engagement and performance of a “Multiplying” leader is 96% higher than for a diminishing leader!
I wish I had these insights much earlier in my career, it would have saved struggles, provided better results for myself and for my team members. But as they say – better late than never!