Ignite

Breakfast Briefing Output

"Managing Change and Challenge"

27th April 2010, London

There are two things we can say with a high degree of certainty about the business world - circumstances will change and leadership teams will disagree. It is therefore vitally important that leaders are able to manage the changes and challenges that face them in the boardroom.

On the 27th April, Cognosis hosted a breakfast briefing that examined the skills a leader needs to ensure they are harnessing the power of functional conflict to drive their organisation forward.

Guest Speaker Presentation

Dr Kevin Money, Associate Professor at Henley Business School and Director of the John Madejski Centre for Reputation. Cognosis worked with Kevin on the development of our Edge research, where his role was to ensure our research was academically rigorous without losing sight of the need for practical relevance. In addition to his work with Henley, Kevin is also a Fellow of the Sunningdale Institute, a Chartered Psychologist, a member of the British Society of Clinical Hypnosis and a licensed NLP practitioner.

One of the main themes of Kevin’s talk was that of conflict and how we can turn conflict from being dysfunctional to effective and the practicalities of doing this. He also considered the importance of belonging and how this affects conflict between groups.

Listen to highlights of Kevin's presentation

This text will be replaced

A key focus during the event was the ability of leaders and leader teams to manage challenge so that organisational performance is maximised.
In EDGE2 we found that where managers say their organisation actively encourages challenge, they report far higher (+30%) satisfaction with their strategy and far higher confidence in their business performance. And we also know from EDGE1 that when managers feel good about their organisation’s strategy, they are far more likely to make it happen.

The very nature of challenge in strategy-making means that if you are challenging, you’re involved. If you’re actively involved you’ve invested a bit of yourself- your mental and emotional energy- in the strategy. This means that you’re likely to be more committed to the outcome and more focused on making the strategy happen.

The flip-side of this is that where challenge is missing or poorly managed, its benefits are completely lost. The biggest victim is ‘missed opportunities’- failure to seize and capitalise on opportunities can make the difference between good and great performance, or in tough times surviving or hitting the wall. ‘Low challenge’ means lower efficiency: less realistic strategies, poorer execution and higher risks.

The Alcohol Issue

Click above to see selected slides from the presentation (.pdf)

Click above to download selected stimulus material from the breakfast pack(.pdf)

Henley Business School

For further information on future events please contact marketing@cognosis.co.uk

Whole-Mind Planning mobilises your organisation's collective intelligence.

Click here to find out more