What it takes to be a great leader | Roselinde Torres | TED

1,535,901 views ・ 2014-02-19

TED


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00:13
What makes a great leader today?
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Many of us carry this image
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of this all-knowing superhero
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who stands and commands
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and protects his followers.
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But that's kind of an image from another time,
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and what's also outdated
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are the leadership development programs
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that are based on success models
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for a world that was, not a world that is
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or that is coming.
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We conducted a study of 4,000 companies,
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and we asked them, let's see the effectiveness
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of your leadership development programs.
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Fifty-eight percent of the companies
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cited significant talent gaps
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for critical leadership roles.
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That means that despite corporate training programs,
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off-sites, assessments, coaching, all of these things,
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more than half the companies
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had failed to grow enough great leaders.
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You may be asking yourself,
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is my company helping me to prepare
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to be a great 21st-century leader?
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The odds are, probably not.
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Now, I've spent 25 years of my professional life
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observing what makes great leaders.
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I've worked inside Fortune 500 companies,
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I've advised over 200 CEOs,
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and I've cultivated more leadership pipelines
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than you can imagine.
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But a few years ago, I noticed a disturbing trend
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in leadership preparation.
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I noticed that, despite all the efforts,
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there were familiar stories that kept resurfacing
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about individuals.
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One story was about Chris,
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a high-potential, superstar leader
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who moves to a new unit and fails,
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destroying unrecoverable value.
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And then there were stories like Sidney, the CEO,
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who was so frustrated
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because her company is cited
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as a best company for leaders,
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but only one of the top 50 leaders is equipped
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to lead their crucial initiatives.
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And then there were stories
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like the senior leadership team
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of a once-thriving business
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that's surprised by a market shift,
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finds itself having to force the company
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to reduce its size in half
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or go out of business.
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Now, these recurring stories
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cause me to ask two questions.
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Why are the leadership gaps widening
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when there's so much more investment
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in leadership development?
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And what are the great leaders doing
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distinctly different to thrive and grow?
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One of the things that I did,
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I was so consumed by these questions
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and also frustrated by those stories,
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that I left my job
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so that I could study this full time,
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and I took a year to travel
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to different parts of the world
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to learn about effective and ineffective
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leadership practices in companies,
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countries and nonprofit organizations.
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And so I did things like travel to South Africa,
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where I had an opportunity to understand
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how Nelson Mandela was ahead of his time
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in anticipating and navigating
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his political, social and economic context.
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I also met a number of nonprofit leaders
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who, despite very limited financial resources,
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were making a huge impact in the world,
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often bringing together seeming adversaries.
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And I spent countless hours in presidential libraries
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trying to understand how the environment
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had shaped the leaders,
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the moves that they made,
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and then the impact of those moves
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beyond their tenure.
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And then, when I returned to work full time,
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in this role, I joined with wonderful colleagues
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who were also interested in these questions.
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Now, from all this, I distilled
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the characteristics of leaders who are thriving
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and what they do differently,
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and then I also distilled
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the preparation practices that enable people
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to grow to their potential.
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I want to share some of those with you now.
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("What makes a great leader in the 21st century?")
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In a 21st-century world, which is more global,
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digitally enabled and transparent,
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with faster speeds of information flow and innovation,
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and where nothing big gets done
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without some kind of a complex matrix,
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relying on traditional development practices
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will stunt your growth as a leader.
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In fact, traditional assessments
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like narrow 360 surveys or outdated performance criteria
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will give you false positives,
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lulling you into thinking that you are more prepared
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than you really are.
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Leadership in the 21st century is defined
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and evidenced by three questions.
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Where are you looking
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to anticipate the next change
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to your business model or your life?
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The answer to this question is on your calendar.
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Who are you spending time with? On what topics?
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Where are you traveling? What are you reading?
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And then how are you distilling this
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into understanding potential discontinuities,
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and then making a decision to do something
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right now so that you're prepared and ready?
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There's a leadership team that does a practice
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where they bring together each member
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collecting, here are trends that impact me,
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here are trends that impact another team member,
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and they share these,
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and then make decisions, to course-correct a strategy
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or to anticipate a new move.
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Great leaders are not head-down.
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They see around corners,
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shaping their future, not just reacting to it.
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The second question is,
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what is the diversity measure
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of your personal and professional stakeholder network?
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You know, we hear often about good ol' boy networks
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and they're certainly alive and well in many institutions.
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But to some extent, we all have a network
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of people that we're comfortable with.
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So this question is about your capacity
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to develop relationships with people
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that are very different than you.
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And those differences can be biological,
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physical, functional, political, cultural, socioeconomic.
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And yet, despite all these differences,
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they connect with you
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and they trust you enough
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to cooperate with you
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in achieving a shared goal.
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Great leaders understand
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that having a more diverse network
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is a source of pattern identification
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at greater levels and also of solutions,
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because you have people that are thinking
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differently than you are.
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Third question: are you courageous enough
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to abandon a practice that has made you successful in the past?
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There's an expression: Go along to get along.
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But if you follow this advice,
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chances are as a leader,
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you're going to keep doing what's familiar and comfortable.
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Great leaders dare to be different.
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They don't just talk about risk-taking,
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they actually do it.
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And one of the leaders shared with me the fact that
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the most impactful development comes
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when you are able to build the emotional stamina
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to withstand people telling you that your new idea
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is naïve or reckless or just plain stupid.
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Now interestingly, the people who will join you
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are not your usual suspects in your network.
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They're often people that think differently
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and therefore are willing to join you
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in taking a courageous leap.
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And it's a leap, not a step.
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More than traditional leadership programs,
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answering these three questions
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will determine your effectiveness
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as a 21st-century leader.
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So what makes a great leader in the 21st century?
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I've met many, and they stand out.
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They are women and men
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who are preparing themselves
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not for the comfortable predictability of yesterday
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but also for the realities of today
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and all of those unknown possibilities of tomorrow.
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Thank you.
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(Applause)
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