Friday, January 21, 2022

g-f(2)842 THE BIG PICTURE OF THE DIGITAL AGE (1/21/2022), HBR, Leadership Training Shouldn’t Just Be for Top Performers




ULTRA-condensed knowledge


"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital age, Digital Transformation, Leadership (1/21/2022)  g-f(2)426 


Lessons learned, HBR

EXCEPTIONAL “Full Pack Golden Knowledge Container”


The leadership development paradox


  • Senior leaders often receive most of their leadership training during the final chapters of their careers, when they have the most experience. Organizations also go to great lengths to conduct annual performance and talent reviews to identify high-performers and high-potentials (HiPos) and offer them ample development. In both scenarios, the individuals who receive the most development are also the ones who arguably need it the least. We call this the leadership development paradox.
  • Ultimately, ensuring that the leadership development paradox doesn’t happen is critical, as the success of organizations depends as much on the “averagely talented” as the talented few. Amid this war for talent that currently has no geographical limitations and is showing no signs of stopping, investing in the “rest” ensures you have a strong bench and protects you from flight risk in the Great Resignation.


Genioux knowledge fact condensed as an image




ABOUT THE AUTHORS


Navio Kwok


Navio Kwok, PhD, is vice president of research and marketing at Kilberry Leadership Advisors. He oversees the firm’s commitment to advancing the science of executive leadership and translating it into practical, actionable advice for the firm’s preeminent clients.


Winny Shen


Winny Shen is an associate professor of organization studies in the Schulich School of Business, York University and the current chair of the Canadian Society for Industrial & Organizational Psychology. Her program of research focuses on understanding issues of leadership, diversity and inclusion, and worker health and well-being, and has appeared in leading psychology and management journals.



Extra-condensed knowledge


Lessons learned, HBR

Golden Knowledge (GK) juice


  • The business case for investing in the “best” given limited organizational resources appears straightforward: Individuals who have a demonstrated track record of success deserve to be recognized, right? They also seem like sure bets who will benefit the most from development opportunities because they have the requisite experience and capabilities to grow.
  • A by-product of the leadership development paradox is that the “rest” are typically excluded from those opportunities, creating disparities and perceived inequities within organizations. A longstanding finding of health and policy research is that unequal societies with large gaps between the haves and have-nots have a poorer quality of life. Likewise, organizations with larger gaps between those who do and do not receive development can also be susceptible to organizational disparity.
  • Additionally, this strategy can violate employees’ expectations. Workers generally believe that organizations have an obligation to provide employees with opportunities for development over the span of their tenure. Failing to fulfill these expectations can ultimately lead to negative consequences, such as poorer work performance, decreased commitment to the organization, and greater intentions to quit.


Condensed knowledge




Learned lessons, HBR 

Golden Knowledge (GK) juice


  • Here are three common but potentially problematic assumptions that underlie the leadership development paradox and strategies for leaders to overcome those blind spots.
    • Assumption #1: Success Is the Result of Individual Effort. 
      • People tend to believe that individual effort and hard work leads to success. 
      • All employees enter organizations with their unique combination of capabilities and experiences, some of which may not be under their direct control, that contribute to differing performance and productivity levels. Over time, high-performing individuals accumulate an advantage: They’re more likely to be invited to leadership development programs, flagged as HiPos, and promoted to more senior and high-exposure roles.
      • One way to address this is to offer training support for all employees with flexible performance criteria for eligibility. Consider global software company Adobe’s Learning Fund: In support of continuing education and professional development, all “employees who are in good performance standing” are eligible for an annual reimbursement up to $10,000 USD for academic degrees and other certifications and $1,000 USD for short-term learning opportunities. Although employee performance is still the focal point of decision making, Adobe’s Learning Fund does not disproportionately favor the highest performers.
    • Assumption #2: Past Performance Predicts Future Performance
      • A fundamental tenet of psychology is that our past behavior predicts future behavior. Therefore, it’s unsurprising that organizations reward current high performers with further development opportunities, with the assumption that these individuals will continue to perform well in the future.
      • More broadly, organizations need to have robust assessment practices in place to ensure they’re investing in the right people for development, such as scientifically valid and reliable instruments, an understanding of the organizational and business context, and qualified professionals to interpret assessment results. Although these recommendations are not new, evidence indicates many organizations currently fall short. In a benchmark study that examined 84 companies, only about one in four were using assessment methods to identify HiPos.
    • Assumption #3: Motivated Employees Benefit Most from Development
      • When organizations send employees to leadership development programs, their ultimate aim is to have them perform better than before.
      • We found that the individuals with the greatest “developmental need” — those who are generally less motivated to learn or intrinsically interested in leading — experienced over twice as much growth in their leadership confidence than those who were most “developmentally ready.” By the end of training, the gap in leadership confidence between these two groups reduced by 35%. So, those who seemingly did not possess the motivation to learn or lead did in actuality benefit from investments in leadership development, and when considered in absolute terms, actually benefited the most from this experience.
      • One method for leaders to overcome this blind spot is to select employees one for one into development programs — in other words, for every single developmentally ready employee who’s chosen for a development program, include an employee with developmental need. This ensures that the leadership competency gap between these two sets of individuals does not grow and contributes to curbing organizational disparity. Although the specific programs may not be the same for these two groups, as their developmental goals may differ, they both still receive development, which ensures organizations have a stronger bench of talent.


Some relevant characteristics of this "genioux fact"

  • Category 2: The Big Picture of the Digital Age
  • [genioux fact deduced or extracted from HBR]
  • This is a “genioux fact fast solution.”
  • Tag Opportunities those travelling at high speed on GKPath
  • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
  • Type of validity of the "genioux fact". 

    • Inherited from sources + Supported by the knowledge of one or more experts.


References


“genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)842, Fernando Machuca, January 21, 2022, blog.geniouxfacts.com, geniouxfacts.com, Genioux.com Corporation.


ABOUT THE AUTHORS


PhD with awarded honors in computer science in France

Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts". The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.



Key “genioux facts”


  • Some relevant and recent "genioux facts" from the g-f golden knowledge pyramid to master the big picture of the digital age. 
    1. g-f(2)841 THE BIG PICTURE OF THE DIGITAL AGE (1/21/2022), MIT SMR, Why Companies Practice Corporate Social Responsibility
    2. g-f(2)840 The New World (1/21/2022), Forbes, Artificial Intelligence: A Key Technology That's Shaping Our Tomorrow
    3. g-f(2)839 THE NEW WORLD (1/21/2022), WSJ, Explore the Top 250 Best-Managed Companies of 2021
    4. g-f(2)838 THE BIG PICTURE OF YOUR LIFE (1/20/2022), geniouxfacts, The Playbook for a Successful Personal Digital Transformation (PDT)
    5. g-f(2)837 Lighthouse of the big picture of the digital age (1/20/2022), Essential FACT 5: Becoming a fast and successful learner is a superpower
    6. g-f(2)836 THE BIG PICTURE OF THE DIGITAL AGE (1/19/2022), Media, More reactions to Microsoft's strategic move
    7. g-f(2)835 THE BIG PICTURE OF THE DIGITAL AGE (1/19/2022), The New York Times, Millions Have Lost a Step Into the Middle Class, Researchers Say
    8. g-f(2)834 THE NEW WORLD (1/19/2022), WSJ + Media, Microsoft’s Activision Blizzard Deal to Power Its Netflix-of-Gaming Aspirations
    9. g-f(2)833 THE BIG PICTURE OF THE DIGITAL AGE (1/19/2022), INSEAD Knowledge, What Distinguishes the Super Rich From the Rest of Us
    10. g-f(2)832 THE BIG PICTURE OF THE DIGITAL AGE (1/19/2022), HBR, How Digital Transformation Can Improve Hospitals’ Operational Decisions
    11. g-f(2)831 THE BIG PICTURE OF THE DIGITAL AGE (1/18/2022), Talks at Google, Dorie Clark | How to Be a Long Term Thinker in a Short Term World
    12. g-f(2)830 The New World (1/18/2022), TechXplore, Controlling complex systems with Artificial Intelligence
    13. g-f(2)829 The New World (1/18/2022), Forbes, 3 Ways That Artificial Intelligence (AI) Will Change Your Job Forever
    14. g-f(2)828 THE BIG PICTURE OF THE DIGITAL AGE (1/18/2022), HBR, When Lower Intensity Leads to Higher Results
    15. g-f(2)827 THE BIG PICTURE OF THE DIGITAL AGE (1/17/2022), HBR, Research: How Entrepreneurship Can Revitalize Local Communities
    16. g-f(2)826 The New World (1/17/2022), Bloomberg, France Gets its 25th Tech Unicorn, Reaching Macron’s Goal Early
    17. g-f(2)825 The New World (1/17/2022), Forbes, 14 Ways To Leverage AI To Better Connect With Customers
    18. g-f(2)824 The New World (1/17/2022), Venture Beat, How AI will drive the hybrid work environment
    19. g-f(2)823 The New World (1/17/2022), Forbes, How To Close More Deals With Artificial Intelligence
    20. g-f(2)822 THE BIG PICTURE OF THE DIGITAL AGE (1/16/2022), geniouxfacts, The 10 most read "genioux facts" of the month
    21. g-f(2)821 THE BIG PICTURE OF THE DIGITAL AGE (1/16/2022), geniouxfacts, The 10 most read "genioux facts" of the week
    22. g-f(2)820 The New World (1/15/2022), Venture Beat, How AI and language intelligence are helping employees learn
    23. g-f(2)819 The New World (1/15/2022), MIT SMR, Toxic Culture Is Driving the Great Resignation
    24. g-f(2)818 The New World (1/14/2022), Thomas M. Siebel, Digital Transformation: Survive and Thrive in an Era of Mass Extinction
    25. g-f(2)817 The New World (1/14/2022), HBR Analytical Services, Keys to Successful Innovation through Artificial Intelligence
    26. g-f(2)816 The New World (1/14/2022), HBR Analytic Services, AWS, AWS perspective: AI have the potential to transform nearly every industry
    27. g-f(2)815 The New World (1/14/2022), WEF, Artificial intelligence: What the C-suite needs to know
    28. g-f(2)814 The New World (1/14/2022), Analytics Insight, 10 WAYS ARTIFICIAL INTELLIGENCE WILL CHANGE THE WORLD IN 2022
    29. g-f(2)813 The New World News (1/13/2022), WSJ, These TikTok Stars Made More Money Than Many of America’s Top CEOs
    30. g-f(2)812 The New World (1/13/2022), Brookings, How countries are leveraging computing power to achieve their national artificial intelligence strategies
    31. g-f(2)811 The New World (1/13/2022), Bloomberg, TSMC to Spend at Least $40 Billion to Address Chip Shortages
    32. g-f(2)810 THE BIG PICTURE OF THE DIGITAL AGE (1/12/2022), Talks at Google, Bruce Hood | How Minds are Constructed
    33. g-f(2)809 THE NEW WORLD (1/12/2022), geniouxfacts, 10 juices of ultra-condensed GK to keep pace
    34. g-f(2)808 THE BIG PICTURE OF THE DIGITAL AGE (1/12/2022), MIT SMR + BCG, AI in the Supply Chain: Cold Chain Technologies’ Ranjeet Banerjee
    35. g-f(2)807 THE NEW WORLD (1/11/2022), HBR, Finding Success Starts with Finding Your Purpose
    36. g-f(2)806 The New World (1/11/2022), HBR, HBR’s Most-Read Research Articles of 2021
    37. g-f(2)805 The New World (1/11/2022), msn money, The National, Artificial intelligence to influence top tech trends in major way in next five years
    38. g-f(2)804 The New World (1/11/2022), MIT SMR, Six Ways Leaders Can Adapt to the Workplace of 2022
By
Labels: , , , , , ,

Featured "genioux fact"

g-f(2)3219: The Power of Ten - Mastering the Digital Age Through Essential Golden Knowledge

  The g-f KBP Standard Chart: Executive Guide To Digital Age Mastery  By  Fernando Machuca   and  Claude Type of knowledge: Foundational Kno...

Popular genioux facts, Last 30 days