There is no “I” in TALENT?

A virtual debate in the business blogosphere has been growing more and more heated over the past several weeks and months.  It appears the debate began with a May 17th New York Times article that quoted Mark Zuckerberg, Facebook’s illustrious CEO, as saying, “Someone who is exceptional in their role is not just a little better than someone who is pretty good. They are 100 times better.”  Although difficult to follow at first, Zuckerberg’s argument is that a brilliant individual is 100 times more valuable than a mediocre team.  His statement reflects a new strategy in the War on Talent that many have also begun to adopt.  According to the Times article, many of the giants in Silicon Valley are so desperate for fresh talent they have resorted to purchasing entire companies simply to acquire the gifted entrepreneurs, engineers, and programmers that created and comprise them.  This new practice has been dubbed “acqhiring,” and is becoming more common in industries where the competition for talent is fierce and requires more benefits, dazzling incentives, and creative ways to attract the best and brightest.

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We Hired You To Drive Change…Now Conform

An acquaintance of mine was recently sharing her on boarding experiences for a job she just started. She was hired her based on her experiences with dynamic talent management projects and they assigned her the mission of driving progressive change in the organization’s candidate selection and leadership development programs. An early indication of the obstacles standing in her way became clear when a colleague said, “Before we brainwash you into doing business as usual around here, tell me your ideas.” At least they were self-aware of their problem!

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Too Rude to Fly?

Last week, I was lucky enough to travel to Paris for a short vacation. I’ve traveled to Paris before, and I’m familiar with what to expect on the 10+ hour flight. With three DVDs, two books, and snacks in tow, I thought I knew what I was getting myself into. Unfortunately, I failed to prepare for one thing… poor customer service at 30,000 feet.

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Goodbye Michael Scott, Hello New Office Culture

After seven seasons playing the wacky, yet lovable Michael Scott on NBC’s hit series, “The Office,” Steve Carell left the show this spring to focus on his film career. With his crazy antics and hilarious one-liners, Carell’s character enticed more than 7 million viewers to “The Office” every Thursday night. From off-the-wall impersonations to “that’s what she said” jokes, Michael Scott was a staple (no pun intended) of Dunder Mifflin, and his resignation will certainly lead to changes for the fictional company.

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HOGAN GAME DAY 2011: RECAP

Last month, Hogan celebrated its annual Hogan Game Day competition, a team-based version of the popular game show “Minute to Win It” that is a much-anticipated event at our Tulsa office.

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X-Factors of Executive Success

It was only a month ago that President Obama announced the death of America’s biggest villain and proudly proclaimed victory in the name of justice.For most, the events that unfolded and the success of the mission were symbols of American power. But to those of us who have a passion for leadership, the more subtle story revolved around President Obama and the potential impact this success would have on perceptions of his effectiveness as a leader.April 24, just days before he announced Bin Laden’s death, Real Clear Politics, a site that averages political polls, showed President Obama’s job approval ratings at just 45%, with 50% disapproving. Experts owed those negative poll numbers to public dissatisfaction with the economy – high gas prices, debt, and signs of inflation. Less than a month later, those perceptions had changed for the better.The ultimate measure of senior executive selection and succession planning is how well we can identify future high performers. Even with decades of research and industry leading tools, the best we can predict is somewhere around 30% to 40% of leadership potential, and this is better than most of our competitors. So what's going on with the other 60% to 70%? The following factors are just some of the complexities of executive performance:Success often relies on a few key decisions.The base rate of those critical decisions is low, making them difficult to reliably measure. How many times does a leader have the opportunity to take out Public Enemy No.1 and change his/her foreign policy reputation overnight? If you are Google, is it a good choice to buy You Tube? Skype if you are Microsoft? How much do you invest in your new product, the iPod? It only takes one decision to make or break a reputation, or a company's value.Real impact is only visible in the long-term. It can take years before the value of some executive decisions can be measured. Experts argue decisions made more than 40 years ago to provide covert assistance to Afghan rebels’ fight against the USSR – hailed as a US victory in the Cold War – lead to the creation of modern-day Al-Qaeda. Short-term brilliance can actually have very bad effects, and, likewise, your "dud" of a leader may just have a long-term plan in mind.Success often means having good timing. The US economy recently took a plunge unlike anything we could have expected. Sure, there were some leaders who were responsible for the decline (yes, I'm looking at you, Wall Street), and there were policy decisions in Washington that were equally critical (Barney Frank). There were also executives who had no control over the market’s movement. If you would have measured executive performance using a “snapshot” method during that time, you would have seen some ugly metrics: sinking revenue, poor profits, negative stock value, and low employee engagement. Now, as companies rebound, those in power reap the benefits of economic recovery without necessarily doing anything.Success sometimes comes down to luck.Social scientists are trained early and often on the importance of statistical significance – identifying relationships that are not due to chance alone. And whatever you call it – luck, chance, or good fortune – there is an element to executive performance which is not entirely within a leader's control. President Bush took a big hit to his reputation as an effective leader due to his response to Hurricane Katrina, even though so much of what happened – an intense hurricane hitting exactly where it did – was beyond his control.Politics makes leadership a visible sport, but it is easy to forget some of the lessons it teaches us about measuring executive performance. You may be able to identify who has the right stuff, but judging whether someone will be truly successful is no easy task.Finally, ask yourself about your own leaders: Do they really make good decisions? Or are they riding the coat tails of someone else's decisions, reaping the benefits of good timing, and enjoying a little luck? 

Is your blogging personality affecting your reputation?

Blogging is another means of communication that reflects a person’s attitudes, ideas, interests, and values. Many of these characteristics gel with a few others to ultimately make up an individual’s personality or as we refer to it here at Hogan – “reputation.”

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First Class Leadership: #35

It can be hard to remember all the great moments of the Oklahoma City Thunder’s season when sports announcers and writers have been more focused this week on the Thunder’s “collapse” after losing to the Dallas Mavericks in the Western Conference. Although many fans faced disappointment after Games 4 and 5 (especially those of us in Oklahoma), the Thunder’s hard fought third season should not go overlooked. At the forefront of the adolescent Thunder team is Kevin Durant, who sums up the season nicely in a tweet he released last night: “It's been a fun ride for us. We had 15 guys on this team and a whole city behind us. Everybody was great. We'll keep working hard." Read More »

Bunga Bunga-Gate; The Final Act of the Berlusconi Show?

Yet again Italian Prime Minister Silvio Berlusconi is facing another trial that is, as tradition has it, bursting with serious and scandalous allegations. The nature of these allegations is not really what is interesting about his story (though if you Google Bunga Bunga you will find plenty of details concerning the latest scandal); what is absolutely fascinating about this political figure is his demonstrated ability to not only fight back at his accusers, but to also survive these scandals with remarkable ease. But can he survive this one?Indeed, despite previous trials and allegations (which have included accusations of corruption, abuse of power and potential links with the Mafia), Berlusconi remains Italy’s second-longest-serving prime minister after Mussolini. He thought he was almost untouchable and well supported by the nation, until recently, as it is estimated that the latest scandal has prompted one million Italians to march in more than 200 cities worldwide to protest against the damage that the prime minister is perpetrating to the country’s reputation. The Premier has also lost the support of a number of key political allies and his popularity is finally in decline, with ratings falling to their lowest level since he came to power (33%).There were, of course, some high points of his leadership (the effective handling of L’Aquila earthquake crisis, as well as saving troubled state airline Alitalia from bankruptcy), but these achievements will be inevitably lost amidst an ocean of scandals, political gaffes and accusations. Could we have ever predicted that this story would end this way? The answer is yes, absolutely. In fact, there are three important leadership lessons to be learned as we watch the final acts of the Berlusconi saga.Firstly, his story is one of classic (almost textbook-like) leadership derailment, a topic that is dear to Hogan consultants and subject matter experts in leadership and management. If we follow the insightful taxonomy provided by the Hogan Development Survey, which lists 11 leadership derailers, we can easily identify the behaviours that most typify Berlusconi’s leadership style, allowing us to speculate about his derailing tendencies. He is often charming and amusing when speaking publicly, using humour and fun (often at the expense of others) as a shield to deflect criticism during interviews. He has also demonstrated a strong tendency to test the limits (we only need to consider the ever growing number of political gaffes to make that observation) and ignore rules (even by making his own), behaviours that are typical of the Mischievous leadership derailer. Mr Berlusconi is also known to constantly crave public and national attention, behaving in an excessively attention-seeking and self-centred manner (particularly when surrounded by his international peers, or even when in the presence of Her Majesty the Queen), behaviours that are typical of the Colorful leadership derailer. He has also frequently vowed revenge and punishment for his prosecutors, alleging that all trials and accusations directed at him were part of a conspiracy orchestrated by left-wing politicians (behaviours that are commonly associated with the Skeptical leadership derailer).Secondly, like most leadership derailment scenarios, this is the story of a leader who is unwilling to give up his power, a leader who has become completely uninterested in his followers and unconcerned about their best interests, and whose only goal is to preserve his political status. It is not uncommon for derailing leaders to overstay their welcome.Thirdly, this story provides further evidence that demonstrates how “dark side” personality characteristics can indeed support individual career advancement (i.e. “getting ahead”), but at the expense of others (often followers and peers). This is a classic leadership mistake as, by forgetting that we still need to “get along” once we have reached the top, these leaders ultimately end up alienating and disengaging their followers, losing the support required to prevent leadership failure.Regardless of the outcome of this latest trial, the events leading to it and the damage to Berlusconi’s reputation were easily predictable; it was all too much like a disaster waiting to happen. Yet, no one but Berlusconi himself could have prevented it; unfortunately, he lacked the strategic self-awareness required to identify derailing tendencies and modify his behaviour accordingly. Just like many other leaders who have derailed before him, Berlusconi is facing the consequences of letting his “dark side” run loose. The fundamental lesson to be learned is that leaders who fail to manage their “dark side” (and their respective reputations) will inevitably, and I repeat inevitably, derail, leaving a trail of embarrassment and destruction behind them. Let’s not forget, however, the role that context plays in these circumstances. Being an extremely powerful and rich person can exacerbate these destructive tendencies, as leadership positions come with plenty of discretional behaviour and lack of honest and objective feedback from peers and subordinates. As Lord Acton once said: “Power tends to corrupt, and absolute power corrupts absolutely”. It is perhaps Gianfranco Fini, Berlusconi’s ex-ally, who encapsulates this story brilliantly by stating that the Premier consistently “confuses leadership with absolute monarchy.”So, now that you have read this story, I will ask you a question. Before you hire your next CEO or promote your next leader, wouldn't you want to know the risks associated with their personality? Considering the final acts of the Berlusconi show, I certainly would.by Andrea FacchiniBusiness Pyschologist & Guest Blogger 

The Influence of Personality and Values on Goal Attainment: A Diva Story

  Understanding the dynamics of a team is critical to successful goal attainment. What does the team value? What drives the team members and sets them up for success, and more importantly, what derailment obstacles may they encounter? A couple of weeks ago, I had the opportunity to experience the power of collaboration in action. Every year, Oklahoma City hosts a marathon in honor of those who lost their lives in the 1995 bombing of the Alfred P. Murrah Federal Building. The 2011 race marked the 11th annual marathon event, which includes everything from 5k races to the full marathon and even a marathon relay. This year, I participated in the marathon relay with an amazing group of women. We called ourselves the Derailing Divas because over the course of 26.2 miles with six driven, socially self-confident, and engaging women there is bound to be a little derailment going on. Although the relay consisted of five legs, the Derailing Divas had six team members. The sixth, The Coach, ran the half marathon and served as the running expert for our team. The race is not something that the Divas will forget anytime soon. As we left our hotel at 5:30am on Sunday May 1st, the sky was dark and cloudy. Within minutes of arriving at the race site, thunder and lightning came crashing around us and so did the rain…torrential rain. Visions of a beautiful and sunny race day quickly faded, but with these dreary conditions, the Divas’ determination increased. After a 30 minute delay, I walked to the starting line with The Coach. As we worked our way through the thousands of runners to find our place on the wet pavement, a sense of urgency (HPI Adjustment) and fear of potential failure (HDS Cautious) emerged. Would we be able to complete the relay in these conditions? Am I going to let my team down if I run slower in the rain? In that moment of self-doubt something amazing happened -- the race started and as thousands of runners made their way past the memorial, the crowd began to cheer. It was at this point that I realized that the race wasn’t about my time; it was about our team goal to finish the race with a sense of pride for the cause, to have a fun, and persevere despite the weather. As I started the last mile of my 6-mile leg, my shoes and clothes were soaked, and I was ready to throw in the wet towel. Then I started thinking about our team and the fact that the other Derailing Divas were waiting on me. I began running faster and met The Navigator at the relay station. She greeted me enthusiastically and took off to continue the race. The Navigator eventually met up with The Timekeeper, and as the race progressed, we continued to run faster. When The Timekeeper met The Networker she received updates on everyone’s progress and the weather conditions. On the final transition, The Finisher took the baton and ran with heart and determination to finish the race despite wind, rain, and hail. When the race was complete, the Derailing Divas had a celebratory lunch and shared stories of their experiences throughout the day. I’m not sure if it was our competitive drive (HPI Ambition) or sensitivity to our teammates’ emotions (HPI Interpersonal Sensitivity) that pushed us to persevere and exceed our own expectations, but the Derailing Divas succeeded. We completed the race 30 minutes faster than we anticipated! The Derailing Divas’ success was impacted by a number of things, but most of all we were successful because we shared a few things in common. The Divas are driven and competitive (HPI Ambition), collaborative and sensitive to others needs (HPI Interpersonal Sensitivity and MVPI Affiliation), and like to have fun and tell a good story (MVPI Hedonism and HDS Colorful).  I would certainly be willing to run a race with these Divas again, only next time I hope for a little more sunshine!