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What's the plan? Have we got one? Key questions to ask when reviewing your strategy

Mitchell Phoenix - Tuesday, May 01, 2012

We say that preparation is 90% of success. Strategy planning is the most important element of preparation in business. Decisions made here create the domino effect for everything that follows and are the central influence our ability to secure the future. 

The following questions are designed to prompt reflection on the influence strategy has on the way your business operates:



  • Who creates your strategy?
  • Where is it?
  • What does it look like?
  • How would you get your hands on it?
  • What can you do with it once it is in your hands?
  • Who uses it and how often?
  • How do you differentiate your strategy from your business plan?
  • When is it communicated?
  • What are the channels and media used?
  • Which levels of the organization have a strategic view?
  • Which measurements directly reflect strategy in action?
  • How does leadership use strategy to influence management?
  • How many of your day-to-day decisions are informed by the strategy?

A 2010 survey at McKinsey highlighted senior executive concern over unclear strategy and conflicting objectives in their organizations. Findings revealed challenges around confidently making decisions, effectively allocating resources and communicating clear direction. 


Consulting our strategy is like checking the bearings on our business compass. It should be part of our corporate discipline and treated as the basis for securing the future. 


Communicating Strategy and Vision is the Number One Communication Priority for Leaders

Mitchell Phoenix - Thursday, January 19, 2012

For those of you who have not seen them in our newsletter, here are James Donnelly's thoughts on the year ahead...

“Christmas is coming, the geese are getting fat

Please put a penny in the old man's hat

If you haven't got a penny, a ha'penny will do

If you haven't got a ha'penny, then God bless you!”

The holiday season is upon us and it's a time for good cheer. People have worked hard in 2011 during some of the toughest economic conditions in history. Despite all the endeavour, how many businesses have a ha’penny to show for it?

Leadership is only needed when times are tough and the main challenge in a period of uncertainty is to stay connected with strategy. Difficult market conditions easily send companies into reactive mode. In an HBR article from 2008, “Can you say what your strategy is?”, its findings revealed that most executives cannot articulate the objective, scope, and advantage of their business in a simple statement. How can anyone lead with purpose without a concrete fix on the future?

Communicating strategy and vision is the number one communication priority for leaders. Every decision and action should come from them and relate back to them. Context and reference to high level guidelines make a substantial difference to people’s ability to deal with pressure and change. Too many businesses have lofty statements and aspirations for the future that leave too wide a gap in communicating what is meant at a functional and personal level. Competitive difference comes from the precision of an organization’s thinking through an empowered workforce absolutely clear of its purpose.

While 2012 will be equally challenging for business, the opportunity for leaders to boost confidence and strengthen resolve lies in engaging the organization in articulating core focus beyond cost saving and preserving margins. The challenge is to transform prudent management practice into future focused, growth oriented, creative precision thinking. This will involve every level of an organisation becoming more connected with their customers and their raison d’etre.

The process of reconnecting with purpose is hugely satisfying and rewarding for all involved. A great way to kick off the New Year.

If we didn’t have a ha’penny this year then as Tiny Tim said, "God bless us every one!" Here’s to having a penny to put into the old man’s hat next Christmas. Happy Holidays to all.

Best wishes
James Donnelly
Managing Director, Mitchell Phoenix USA

Dates for Governing Change 2012 - Management Development for Senior Managers with Experience, Ambition and the Passion to Improve

Mitchell Phoenix - Friday, November 04, 2011


GOVERNING CHANGE DATES


Structure:
 
Six full day seminars, one day each month for six months

Seminar 1 Wednesday 25 January, 2012
Seminar 2 Wednesday 29 February, 2012
Seminar 3 Wednesday 28 March, 2012
Seminar 4 Wednesday 25 April, 2012
Seminar 5 Wednesday 23 May, 2012
Seminar 6 Wednesday 20 June, 2012




Principal Focus:
 
Leading, directing and mobilizing staff

Key themes:

Seminar One - Key and Fundamental Principles of Management
Seminar Two - Improving the Contribution of Staff and Others
Seminar Three - Leadership in Management
Seminar Four - Improving the Quality of Leadership Influence
Seminar Five - Dominating Change
Seminar Six - Managing into the Future

Course fees: £3650.00 exc VAT

Who will benefit? 
The Managers of Managers (Senior Level)

"Governing Change" is for managers and management teams who wish to capitalize on their experience and advance their leadership and management abilities. The focus is on the critical area of high quality communication and the management of relationships which take up a substantial part of every manager's time.

Click here to make a booking on this program

What is covered on this course? Click here for course outline

What results do delegates create when attending this course? Click here for sample results


New Case Study: Leadership Development with Alderley Dubai

Mitchell Phoenix - Monday, October 31, 2011


In 2010 - 11 Mitchell Phoenix have been working closely with Alderley Dubai, running bespoke in-house programs for senior and fast track managers both in the UK and Dubai. 




"Alderley has undergone a program of substantial organizational change as part of its growth strategy in an increasingly complex and competitive marketplace. Central to that change is its human resources as Alderley recognizes that the quality and attitude of its people directly impacts on the customer experience and the bottom line. The Mitchell Phoenix Governing Change Program was a key element of our development process that has equipped our management team with new leadership and organizational skills as well as a common operating framework that has made a significant contribution to our success and optimism for the future.  Without exception, all participants feel more confident, able and effective as a consequence of the Program." 

Nick Hull, Managing Director, Alderley Dubai


“The management team of Alderley Dubai were especially rewarding to work with. Their enthusiasm, diligence and application of ideas created the results that Nick and the senior team envisaged. In addition they made use of all the available strategies in Mitchell Phoenix projects, supporting each other, building team results and spurring each other on to deliver the maximum - a great group of people!” 
Kevin Yates, Managing Director, Mitchell Phoenix


Click here to read the case study


Why Companies in High Growth Use Mitchell Phoenix

Mitchell Phoenix - Monday, September 05, 2011

In discussion with a client the other day, he remarked on how many of Mitchell Phoenix's long-standing relationships are with companies in high growth; some of which have become household names during the 20 years we have been doing business with them. What is it about our approach and the results we create that suits organizations experiencing rapid change so well? Here is the answer.... click to read on

Social Media and the Future - Questions for Business Leaders

Mitchell Phoenix - Monday, August 08, 2011

The following is a summary of an address given by Ruchira Neotia at Mitchell Phoenix' Summer Lunch, 2011. Ruchira is currently Manager of Global Brands and Advertising Programs at American Express.



How popular is social media?

Facebook has 700 million users; if it was a country it would be the third most populous country in the world, after only China and India

Twitter has 200 million users

Google Plus, launched in summer 2011, already has 10 million users

You Tube has had billions of views

Linkedin recently reached the 5 million mark

 

Some of every business leader’s target audience will be using social media.

What can social media do for businesses?

 

1. Satisfying Customer Needs

No matter what size your company, social media is a forum that allows businesses to conduct a direct, one to one relationship with the consumer. This can provide insights into how customers think and react. Social media can help businesspeople tailor their customer experience so that it fits client requirements well: because the customers themselves told the business what they wanted via Facebook, Twitter and all the other platforms. Click to read on

4 Pillars of Successful Management Development: Pillar 3 - Structure

Mitchell Phoenix - Monday, July 18, 2011

Management Development or How to Make a Soufflé

 

You are choosing a management development programme for yourself or others in your organisation. Of all the factors you take into consideration – the cost, the content, whether the course is residential or not, whether you’ll be able to swim and sauna before the gourmet evening meal at the venue –probably the last thing to cross your mind will be the structure of the programme.

Of course, you might discount a week-long programme on the basis that you can’t afford the time out of the office (or alternatively you might choose to shortlist it because you’ll do anything to get away for a few days). But beyond the length of the time commitment, what else is there to consider?

Management and leadership are activities which are done, not known. It is one thing to know the recipe for a soufflé, for example (any good cookbook or search engine can furnish you with the relevant knowledge), but it is something else to be able to walk into a kitchen and make a soufflé. Similarly, it is one thing to sit in a seminar room and receive input on how to lead and manage a team, and it is another to go back into the workplace and actually lead and manage your team.

You would not teach someone how to make a soufflé without asking them at some point to go and make a soufflé. There is little to be gained from management development programmes which do not demand that managers to go back into the workplace and apply what they have learned to create results. This is like training chefs but never asking them to cook, like coaching golfers but making sure they never go out on the golf course, like banning aspiring swimmers from getting wet.

The only structure which will produce a real return on investment in development is a structure in which delegates attend the first part of a programme, then go and apply what they have learned in the workplace to create results, then attend another section of the programme, then go and apply what they have learned in the workplace, and so on. This is the only way we learn how to do anything – from our own experience. If opportunities to accumulate experience – and a strong demand to create results  – are not built into the structure of a management development programme, you can be certain that no real experience has been gained, and no results created.

After over 25 years in management development, Mitchell Phoenix’ Managing Director Kevin Yates is convinced that the only viable structure is a day a month. “A day a month is often as long as senior people can be away from the office,” he says, “and it keeps the focus firmly on the delegates and their responsibility to use the material to create results. The quality of the results which come back gets stronger and stronger as the programme goes on and participants gain in skill and experience, so that the results on day 6 are often much more sophisticated than those reported on day 2. The whole process is cumulative, and designed to spotlight the participants and how they are changing and adapting what they are doing in the workplace.

“On the other hand, programmes which are geared towards input for the delegates, rather than output from the delegates (ie results), are often more cost effective and conveniently accessed via a book.

The Four Pillars of Successful Management Development: Pillar 2 - Robust Content

Mitchell Phoenix - Monday, July 11, 2011

Few CEO’s Cite Paint-Balling as their Chief Leadership Influence

Rare quotations:

“I paint-balled my way to the top”

Karaoke made a leader of me

“I now run all meetings on an assault course

“All new employees have to fall backwards off a desk

The Captain and flight crew improved safety 14.6% by singing light opera"


 
Finance had become much tougher on departments
who exceeded their budget...

One morning, walking back to your cubicle from the kitchen, you detect a subtle change in the atmosphere of the office. You look around and realise none of your colleagues are at their desks. A fan buzzes. On a notice board, sales targets flutter in the breeze. The first pellet catches you on the leg. The second and third thud into your chest, splattering blue and yellow dye. A fourth pellet smacks into the mug you are holding, and you feel a scalding sensation as you throw coffee all over your shirt and tie. 
That leadership through paint-balling course, you think to yourself, “has caused more trouble than it was worth.

For comedians training is one of the most fertile areas of business life. The tenuous links made between a host of activities – from actors’ trust games to orienteering – and our working practices are funny because we can all recognise the scenario. Whether it is making the accounts team go through an army assault course or asking the production division to do a karaoke for leadership programme, everyone knows someone who has done something ridiculous in the name of development, or – worse still – has had to take part in something ridiculous themselves.

If you want a development activity which is useful, rather than simply entertaining, what should you look for? After more than 25 years in development, Mitchell Phoenix’ Kevin Yates concludes that there are four pillars of successful development programmes. “Look for expert facilitation, an unwavering focus on the creation of results, a structure which will allow the creation of results, and tried and proven content, he says.

What should this content consist of? First of all it should be usable in the workplace. Under pressure in a real life work situation, anything overly complicated, such as a theoretical ‘model’, will be difficult to bring to mind or use. Second, content should be useful, so that when it is applied it will solve a problem and/or generate concrete results. This means the content should focus on how to conduct the key activities managers and leaders undertake. Whether the focus is delegation, persuasion, motivation or anything else, concrete detail on how to do each of these things is vital. It is not enough to define the problem, the content must take us towards the solution and then prompt us to take action back in the workplace.

Perhaps most important, says Yates, “is that the content is based on strong, ethical business principles which senior managers can relate to, and on which they can build. They must see clearly how what is being suggested to them fits with the business principles they already hold, or with principles they aspire to and are likely to adopt.



The Four Pillars of Successful Management Development: Pillar 1 - Results

Mitchell Phoenix - Wednesday, July 06, 2011

This article follows on from Kevin Yates' previous post on the Four Pillars of Successful Management Development (see below).


Management Development and the Middle Ages


Businesspeople are good at measuring a return. Stereotyped from at least the Middle Ages as bean-counters with abacuses, the Blackberry-wielding modern version of the medieval merchant knows how much things cost and how many of them s/he is selling. You measure the impact of lean manufacturing techniques on the bottom line. You measure the ROI of developing and marketing a new product. You can even measure how much each individual salesperson pulls in for the business.  

But modern businesspeople are useless at measuring the return on investment in management development. Research conducted by DDI found that only around 25% of organisations formally measure the results of leadership development programmes. A recent IRS survey polled 74 organisations which ran management development programmes, out of which 13 said they were a failure, 22 said they hadn’t achieved a return on investment, and only six believed their programmes had been a great success. Both sets of findings suggest that today’s management development is a long way from the shrewd calculations of yesterday’s merchants.

What can the past teach us? In the times when Powerpoint, flip-charts and break-out groups didn’t exist, the closest businesspeople got to management development was the apprentice system. Of course, no-one would advocate asking managers to live in poverty for seven years, sleeping on their boss’s floor and only having Sundays off if they are lucky (if you recognise any of that, it’s time for a move - depressed job market or not). What is instructive about the apprentice system is that it asked apprentices to produce something to prove they had learned the skills of their trade. This “Masterpiece was visible proof of whether the apprentice had become a master or not.

Management development programmes which do not create measurable results are like apprenticeships where no masterpiece is required. In fact, they are like apprenticeships where no work at all is required. What guildsman would accept an apprentice into the stonemasons’ guild without visible evidence that he could carve stone to an acceptable standard? As turnaround specialist Ross Stuart observes, “if you can’t see any results, you have to question whether there are any.

Management as we know it did not exist seven hundred years ago, but Mitchell Phoenix’ Kevin Yates is convinced that we should judge the development of our managers by the same yardstick that guildsmen used: the evidence of our eyes. “Only by creating results in response to the live challenges of the workplace can managers truly measure their development, he says, “and that’s the only way you will be able to accurately judge ROI. Because of this, Mitchell Phoenix programmes are designed to create results from the first day. Focus on results is one of the four foundation stones of successful management development programmes, says Yates, “and in conjunction with a unique structure, robust content and expert facilitation, they will repay your investment many times over.


The Four Pillars of Effective Management Development

Mitchell Phoenix - Wednesday, June 29, 2011

I was recently invited to discuss the concept of best practice in training: what it looks like, how it works, the measurement of effectiveness and so on.  One of the aims of the meeting was to identify parameters through which the organization and design of training could be securely improved and rationalization carried out.

Between us we had a great deal of experience in the area of Learning and Development and all were keen to engage in the discussion.  What became apparent was the elusive nature of the answers to the questions raised.  For example: “What would you consider to be modern best practice in training?” Quickly we realized that different training requires different practices.

Training which equips others with a technical skill (banking, IT, insurance, engineering, etc.) requires the transfer of knowledge from the trainer to the delegate, and the subsequent application of that knowledge to a problem or process – simple cause and effect.  For example, compliance training involves the transfer of knowledge about compliance to the delegate, who then applies this knowledge to their area of the business.

Management skills and disciplines also require knowledge (most managers have this) and the application of that knowledge in the workplace. The difference is, that knowledge is applied directly to the people we manage, rather than to the systems, products or services under our control.

People react and respond dynamically and in complex ways – they are a more unpredictable variable than almost anything else in business. The training of managers demands a learning environment which can create understanding of people and how they behave in the workplace – not simply a transfer of knowledge.

What managers learn must then be practiced in the workplace, where they can grow their understanding through their own experience. Courses should be designed to facilitate this. Straightaway it is clear that knowledge transfer is not up to the task. Just as we can’t learn to swim from a book, so developing a manager’s understanding of how he/she can be more effective requires more active engagement than simply listening to a talk or reading an article.

In addition, consider the range of factors managers deal with:

  • relationships in 4 directions (up to a boss, down to staff, sideways to peers and clients)
  • the execution of corporate strategy
  • the management of resources
  • rapid shifts in external influences – customers, markets, money, people, competitors

all of which will defy the application of simple knowledge and yet can be resolved by broad understanding and good management.

As the conversation turned to leadership the game was raised another level. Here there was no doubt that understanding and effectiveness were the critical goals.  To create learning that delivers this level of effectiveness requires 4 elements:

Robust content that stimulates questioning, curiosity and deep understanding

Training based on output, not input – leaders and managers learn through their own experience and need training that causes a change in thinking, understanding and practice

A structure that promotes learning transfer – Short, intense and demanding seminars followed by a period where learning can be realized

Expert facilitation – not facilitation by experts - What’s the difference? Leaders learn from their own experience, not that of others.  Leadership learning occurs when people work on their own approach, not when trying to adopt that of others.

All Mitchell Phoenix programs are built on these 4 principles.


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