Strategies and Cultures in a Fast-Clockspeed World
Museum Theatrette, Ground Floor
Prof. Charles H. Fine
MIT Sloan School; and CEO, Asia School of Business
Although many strategists urge organization leaders to seek and build sustainable sources of competitive advantage, today’s challenges require firms to build a strategy and an organization in the face of rapid technological and environmental changes, where all competitive advantage seems quite temporary. Building on work over the past 20+ years, including the book, Clockspeed: Winning Industry Control in the Age of Temporary Advantage, this masterclass will explore cases and share principles to guide business leaders on how to keep up in rapidly changing business environments.
- Mastering tools for Dynamic optimization of business strategies
- Successfully Enveloping ecosystems into strategies
- Fully Integrating Mastering tools for Dynamic optimization of business strategies
- Value chain relationships into business strategies
- Connecting the technical side of strategy to the human side of strategy
Rewiring Your Brain For The Digital Era
Auditorium, Lower Ground
Chief Marketing Officer, ICLIF
Consider this: the average attention span of goldfish is around 9 seconds. Meanwhile the average attention span of human beings has fallen from 12 seconds to mere 8 seconds, just in the last decade. Yes, in this fast-paced digital era, human beings have lower attention spans than goldfish!
Connectivity and emerging technologies are disrupting traditional business models faster than ever before. 40% of the current Fortune 500 companies may not exist in the next 20 years. The changes that we constantly deal with today are not evolutionary. They are revolutionary in nature. The things that we took for granted are no longer true and the things that we did habitually are no longer effective. In such a scenario, how do you take charge as a leader in your personal and professional life.
Are you still pursuing success using the same principles that made you successful before in a world that has changed dramatically in so many ways? Considering the rate of change and transformation, how can you still perform at your full potential?
The answer could lie in the ancient practice of Mindfulness. Mindfulness is not just a skill that you learn, it is an intimate journey of self-discovery to gain clarity about who you are and then aligning this with what you’re pursuing in life. So, join us in this journey of deep self-reflection and self-discovery and unleash your full potential by aligning your life with who you are.
- To redefine leadership in and for Digital era
- Gain deeper understanding of science and practice of mindfulness and how it relates to leading a fulfilling, purposeful and meaningful life
Managing by Freedom Within A Framework
Training Room 3.1 – 3.2, Level 3
Dr. Thun Thamrongnawasawat
Director, Research & Curriculum, ICLIF
Base on the Wall Street Journal best seeling book Open Source Leadership: Reinventing Management When There’s No More Business as Usual (McGraw-Hill, Oct. 2017), Rajeev Peshawaria highlights the fact that in today’s business environment, speed is everything and the ability to remain agile and nimble in an ever-changing landscape is critical. Unfortunately, many of today’s organisations still operate as if it were 1990 by not trusting their employees and imposing strict internal rules, policies, processes, and procedures. The result is a bureaucracy which is anything but agile and nimble. Organisations and leaders should relook at how they are managing their people by Freedom Within A Framework (FWF) and adapt their approach.
But How do you do it? How do you know how much freedom you can give your people while avoiding unnecessary risks? Or conversely, how do you know if your current frame is not too tight; leading to lack of trust and agility? Managing by Freedom Within A Framework addresses this conundrum.
In this Masterclass, you will see how Freedom is linked with Values and Purpose, the fundamental sources of Iclif’s Leadership Energy. More importantly, you will learn how V&P can be used to guide the proper amount of freedom you can give to your team. The Six Zones of FWF will be discussed through an interactive session, where you will have a chance to experience how to apply this management style that is suitable for the digital era.
Whether you are a (micro)manager who is struggling to empower and give freedom to the team, or one that is dealing with many headaches caused by bad decisions of your people, this Masterclass will provide a fresh new and practical perspective for your future solution.
- To understand Freedom Within A Framework in context of open source leadership
- To discuss the applicability and restrictions of implementing such practice in the organization
- To practice using the tool Managing by Freedom Within A Framework with your team members
Conversations That Really Matter
Forum, Level 1
Muhammad Sabri Rawi
Director, Research & Curriculum, ICLIF
People seem to be attending leadership development programmes everywhere you look. And there are many books on leading people being published every year. Even in the leadership programmes conducted by Iclif in more than 20 countries now, the emphasis is always on “leading” others. This usually means developing high performing teams, having the skills to influence, inspiring others, managing performance etc. Very little space, if any, is allocated to managing relationships upwards. This is ironic because at the end of most of our sessions, there would always be participants who stay back to seek help and advice on how to deal with difficult bosses.
The reason they choose to speak privately about this is because of not wanting to appear to be helpless, not especially in a “leadership” development programme! This is also attributed, in my opinion, to the fact that the programme itself does not even mention “difficult bosses” except in jest. However, this is a subject that seems to be on the minds of a number of participants each time we run a session. It appears that some leaders, under stress, can still be quite toxic some time.
In this Masterclass you will learn skills that can be used to defray potentially difficult situations with the boss while still maintaining a sense of harmony. Using the Best Practices of EQ, this masterclass will include tips on relating to different personality types. Based on the book Too Many Bosses, Too Few Leaders (Simon and Schuster), Rajeev Peshawaria stresses that in the end, it is the strength of character and fortitude that gets a person through difficulties in life. And that is the third element this masterclass will be highlighting which is the deeply set strength from within that comes with clarity of one’s set of values. So this session is beneficial if you are a new executive just starting out in your career or even if you are quite experienced on the job. It will uplift your communications skills to a level never before imagined!
- To learn to identify potentially hazardous dialogues
- To learn skills to facilitate conversations
- To appreciate the impact of values in our lives
The Evolutionary Entrepreneurship
Training Room 3.3 – 3.4, Level 3
Prof. Loredana Padurean
Professor of Management and Faculty Director for Action Learning, Asia School of Business
In this talk, via multiple examples and metaphors, Prof. Padurean will share a new entrepreneurship framework that reflects the entrepreneurial journey that successful companies went on from trying to nail their initial value proposition, to scale it when the firm starts to build capabilities to exploit its value proposition and finally sail it – the stage where companies work hard to maintain a sustainable and profitable business.
- Understanding the concept of evolutionary entrepreneurship
- Assessing the environment for each stage including the opportunities and threats
- Reflecting on the kind of culture and leadership each stage requires