Presentation on theme: "Principle-Centered Leadership -Learnings from Indiatimes Summit"— Presentation transcript:
1 Principle-Centered Leadership -Learnings from Indiatimes Summit Stephen R.Covey
2 About Stephen R. CoveyInternationally accepted leadership authority & teacher, and Chairman & founder of the Covey Leadership CenterMBA from Harvard & Doctorate from Brigham Young UniversityBestsellers:Seven Habits of Highly Effective PeopleFirst Things FirstPrinciple Centered LeadershipSeven Habits of Highly Effective Families
4 Ages of Civilization Wisdom Information / Knowledge Worker Industrial AgrarianHunters/ Gatherers
5 Seismic Social / Economic Shifts Globalization of Markets and TechnologyDemocratization of Information / ExpectationsUniversity ConnectivityExponential Increase in CompetitionWealth Creation Movement from Money to PeopleFree Agency (“Knowledge” Worker Market)Permanent Whitewater
6 (No freedom and power to choose) (Freedom and power to choose) FromTHINGParadigm(No freedom and power to choose)toPEOPLE(Freedom and power to choose)Practices(Rules)Principles(Wisdom)Outside-InInside-OutScarcityAbundanceControlUnleash(Directed Autonomy)Efficiency(Methods/Steps)MANAGEMENTFormal AuthorityEffectiveness(Results)LEADERSHIPMoral Authority
7 Paradigm Shift “The world is flat” “The world is round” “The Earth is the center of the solar System”“The Sun is the center of the solar System”Divine Right of KingsUS ConstitutionBloodlettingGerm-TheoryPeople as Things(Manage People and Things)Whole Person(Manage Things; Lead People)Leadership is a Position(Formal Authority)Leadership is a Choice(Moral Authority)Quick Fix(Outside-in)Sequential Process(Inside-Out)
8 What is the Difference Between Values and Principles? Social NormPersonalEmotionalSubjectiveArguablePRINCIPLESNatural LawImpersonalFactualObjectiveSelf-EvidentBehavior is governed by values.Consequences are governed by principles.Therefore, value principles.
9 Principles Embodied in the 7 Habits Be Proactive : Responsibility/InitiativeBegin with the end in mind : Vision/ValuesPut First things First : Integrity/ExecutionThink Win-Win : Mutual respect/BenefitSeek first to understandThen to be understood : Mutual understanding6. Synergize : Creative Cooperation7. Sharpen the Saw : RenewalBehavior is governed by values.Consequences are governed by principles.Therefore, value principles.
10 MISSION = the WHY of it all CharacterRolesGoalsBe ProactiveBegin with the end in Mind(AGR)Put First Things FirstThink Win/WinSeek First to Understand (xQ), Then to be UnderstoodSynergySharpen the SawModeling (7H)(Trust, Collaboration)Pathfinding(Clarity, Commitment)Aligning(Enabling, Accountability)Empowering(Translation, Discipline)Focus&Execution
19 Two steps in Achieving Synergy (Third Alternatives) Would you be willing to search for a solution that is better than what either on of you (us) have proposed?(Habits 4,6)Would you agree to a simple ground rule:No one can make his or her point until they have restarted the other person’s point to his or her satisfaction(Habits 5)
20 Circle of Concern Wait Until Told Make a Recommendation Do It YOUR JOBDo ItDo it and report periodicallyDo it and report immediately“ I Intend To”Ask
21 Principle-Centered Living – Three Generations Courage(to live true)Humility(Principles govern)ParentsIntegrity(Integrated around principles)ChildWISDOM(Perspective)Abundance Mentality(no comparison)Grand Children
22 CONTRIBUTING TEAM MEMBER HIGHLY CAPABLE INDIVIDUAL Level 5LEVEL 5 EXECUTIVEBuilds enduring greatness through aparadoxical combination ofpersonal humility plus professional willLevel 4EFFECTIVE LEADERCatalyzes commitment to and vigorous pursuit ofa clear and compelling vision;stimulates thegroup to high performance standardsLevel 3COMPETENT MANAGEROrganizes people and resourcestowards effective and efficient pursuitof predetermined objectivesLevel 2CONTRIBUTING TEAM MEMBERContributes to the achievement ofgroup objectives;works effectivelywith others in a group settingHIGHLY CAPABLE INDIVIDUALMakes productive contributions through talent,knowledge,skills and good work habitsLevel 1
23 The Principle-Centered “Sweet Spot” of organizations The “Sweet Spot”Passionate Focus & ExecutionWhy/WhoMISSION(Purpose, Vision, Values)How/WhenLINE OF SIGHT STRATEGY(Accountability)What