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Principle-Centered Leadership - Learnings from Indiatimes Summit Stephen R.Covey.

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Presentation on theme: "Principle-Centered Leadership - Learnings from Indiatimes Summit Stephen R.Covey."— Presentation transcript:

1 Principle-Centered Leadership - Learnings from Indiatimes Summit Stephen R.Covey

2 About Stephen R. Covey Internationally accepted leadership authority & teacher, and Chairman & founder of the Covey Leadership Center MBA from Harvard & Doctorate from Brigham Young University Bestsellers: Seven Habits of Highly Effective People First Things First Principle Centered Leadership Seven Habits of Highly Effective Families

3 Read 10 % Hear 20 % See 30 % See & Hear 50 % Discuss 70 % Teach 95 % Experience 80 % Learning Gradient

4 Ages of Civilization Hunters/ Gatherers Industrial Information / Knowledge Worker Wisdom Agrarian

5 Seismic Social / Economic Shifts Globalization of Markets and Technology Democratization of Information / Expectations University Connectivity Exponential Increase in Competition Wealth Creation Movement from Money to People Free Agency ( “ Knowledge ” Worker Market) Permanent Whitewater

6 FromTHING Paradigm (No freedom and power to choose) to PEOPLE Paradigm (Freedom and power to choose) From Practices (Rules) toPrinciples (Wisdom) From Outside-IntoInside-Out From ScarcitytoAbundance From ControltoUnleash (Directed Autonomy) From Efficiency (Methods/Steps) MANAGEMENT Formal Authority toEffectiveness (Results) LEADERSHIP Moral 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 Constitution BloodlettingGerm-Theory People 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? VALUES Social Norm Personal Emotional Subjective Arguable PRINCIPLES Natural Law Impersonal Factual Objective Self-Evident Behavior is governed by values. Consequences are governed by principles. Therefore, value principles.

9 Principles Embodied in the 7 Habits 1.Be Proactive : Responsibility/Initiative 2.Begin with the end in mind : Vision/Values 3.Put First things First : Integrity/Execution 4.Think Win-Win : Mutual respect/Benefit 5.Seek first to understand Then to be understood : Mutual understanding 6. Synergize : Creative Cooperation 7. Sharpen the Saw : Renewal Behavior is governed by values. Consequences are governed by principles. Therefore, value principles.

10 MISSION = the WHY of it all CharacterRolesGoals 1.Be Proactive 2.Begin with the end in Mind(AGR) 3.Put First Things First 4.Think Win/Win 5.Seek First to Understand (xQ), Then to be Understood 6.Synergy 7.Sharpen the Saw Modeling (7H) (Trust, Collaboration) Pathfinding (Clarity, Commitment) Aligning (Enabling, Accountability) Empowering (Translation, Discipline) Focus & Execution

11 Spirit Four Areas of Choice Body Mind Heart

12 Four Needs of People Spirit (To Leave a Legacy) Spiritual Memory Mind/ (To Learn) Mental Development Body Doing (To Live) Heart Feeling ((To Love)

13 Spiritual Intelligence (SQ) Four Intelligence of People Mental Intelligence (IQ) Mental Intelligence (PQ) Emotional Intelligence (EQ) Spiritual Intelligence (SQ)

14 Leading a Balanced, Integrated, Powerful Life Spirit Conscience Mind/Vision Body Discipline Heart Passion

15 The High Cost of Low Trust Four Chronic Problems Spirit / Low Trust Mind / No Shared Vision / Values Heart / Disempowerment Body / Misalignment

16 Trustworthiness Trust CHARACTERCOMPETENCE Integrity (SQ)Technical (IQ – PQ) Maturity (EQ)Conceptual (IQ) Abundance (SQ, EQ)Interdependency (IQ, EQ)

17 Listening continuum 4. Attentive Listening 3. Selective Listening 2. Pretend Listening (Patronizing) 1. Ignoring 5. Empathic Listening Within the Other’s Frame of Reference Within One’s Own Frame of Reference

18 Developing Empathic Listening Mimic Re-phrase Content Reflect Feeling Reflect Feeling and Re-phrase content Heart/Body Empathy

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 YOUR JOB Make a Recommendation Do It Do it and report periodically Do it and report immediately “ I Intend To” Ask Wait Until Told

21 Principle-Centered Living – Three Generations Integrity (Integrated around principles) WISDOM (Perspective) Abundance Mentality (no comparison) Courage (to live true) Humility (Principles govern) Grand Children Child Parents

22 HIGHLY CAPABLE INDIVIDUAL Makes productive contributions through talent,knowledge,skills and good work habits CONTRIBUTING TEAM MEMBER Contributes to the achievement of group objectives;works effectively with others in a group setting COMPETENT MANAGER Organizes people and resources towards effective and efficient pursuit of predetermined objectives EFFECTIVE LEADER Catalyzes commitment to and vigorous pursuit of a clear and compelling vision;stimulates the group to high performance standards LEVEL 5 EXECUTIVE Builds enduring greatness through a paradoxical combination of personal humility plus professional will Level 1 Level 2 Level 3 Level 4 Level 5

23 The Principle-Centered “Sweet Spot” of organizations What The “Sweet Spot” Passionate Focus & Execution Why/Who MISSION (Purpose, Vision, Values) How/When LINE OF SIGHT STRATEGY (Accountability)

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