HOT SPOTS NEWSLETTER: complex teams, and the 3 minute rule
We really do enjoy hearing from members of the Hot Spots Movement, and urge you to keep us updated with developments in your company, and ideas you have – we’d love to discuss them in a future edition of the newsletter!
Before we start, we just want to express our sadness that CK Prahalad, a great thinker and a friend to us, passed away recently. His work, most noticeably on the Fortune at the Bottom of the Pyramid, changed the face of business forever. He proposed that businesses should start looking at the billions of poor all over the world as value-demanding consumers and not just as those on the fringes of society who can ill afford to buy products. The book went on to become a New York Times bestseller.
In 2009, the government of India conferred upon him the Padma Bhushan, one of India's highest civilian awards. He was a consultant for some of the world's leading companies, including AT&T, Citigroup, Kodak, Oracle, Philips and Unilever. His other works included Competing for the Future with Gary Hamel, The Future of Competition with Venkat Ramaswamy and The New Age of Innovation with MS Krishnan.
Second research project for Singapore
Last year, the Hot Spots Movement started work on a research project, supported by the Singapore Government’s Ministry of Manpower, looking into the power of teams in corporations. We’re delighted to be planning a second project, and are inviting applicants. If you work for a company based in Singapore, or for a multinational with an office in Singapore, you qualify and the Ministry of Manpower will fund your participation.
If you’d like to hear more about what is required and the benefits of becoming a member of this exciting research project, email Tina.
Concentration: the 3 minute rule
We have been extolling the virtues of social networking and e-communication for some time, but we are also seeing lower levels of concentration as a result, especially in our children. The observations of executives at work reveal that the maximum uninterrupted time they spend is 3 minutes. The future of work suggests that there is little that will reduce this figure. What are we losing through this 3 minute rule? Read Lynda’s thoughts here.
Complex teams: why are they so important?
We have been doing a lot of work with corporations to develop their complex teams, and how they work together. But what do we mean by complex teams? Firstly, they are likely to report to the board, or have a major input into the business strategy. They are usually scattered around the world, in different locations and time zones. Members will be highly specialised, yet their divisions will need to work together to achieve objectives. The events of the last couple of weeks, where CEOs and employees alike were affected, would have caused minimal disruption if the organisation were already equipped to push forward and not lose momentum.
Bringing together complex teams are increasingly the way that innovative, difficult and challenging work gets done in companies. However, in our coaching work around the world, it has become increasingly clear to us that for these teams or projects, complexity – whilst crucial to delivery - can also become a barrier for effective team learning and development. Read more.
Hear Lynda speak in London
London Business School’s Organisational Development Speaker Series was created in order to facilitate discussion between HR practitioners and line managers. The series promotes an open debate on cutting-edge issues in strategic organisational change and talent management. Lynda is giving the presentation on Monday May 10 in London, on Future of Work and Organisational Innovation in the Next Economic Cycle.
In the third masterclass of the London Business School Organisational Development Speaker Series, Lynda will give insights into the future of work and organisational innovation for the next wave of economic growth. Click here to read the latest Human Capital Alumni Club's article on organisational innovation.
Click here if you’d like to register for the event on May 10. Registration is at 7pm, tickets are £35.
New book from the Ulrichs
Dave Ulrich, who frequently presents with Lynda and is one of the members of our network, has teamed up with his wife, clinical psychologist Wendy Ulrich, to write a new book that will explore the “why” of work - the common driving force behind every successful organisation.
The book isn’t out until June, but if you pre-order the book, you can win a half-day coaching session with the Ulrichs in Utah! (Flights, hotel and coaching are all included in the prize). You can read more here.
Social networking: our own case study
We have been talking about the importance of social networking with clients and delegates for a long time, but realised that we wanted to quantify how a successful online social networking “strategy” could work. So – we’re creating our own case study and will share our learnings as we go!
We have been working with a social media strategist, Noa Gafni, to enhance our online presence. Noa has been utilising Facebook, Twitter, YouTube, and other social media tools in order to promote the Hot Spots brand and increase engagement levels with clients, corporations, and individuals interested in the Movement.
One of Noa’s first initiatives was to optimise Lynda’s Twitter presence. The amount of individuals “following” Lynda’s account has increased fivefold, and the amount of lists Lynda is mentioned on has nearly doubled. Noa explained: “One of the best ways to gauge the appeal of your Twitter profile is to look at the amount of times a user is ‘listed.’ Twitter lists are a select group handpicked by users, usually based around a category. So users who are listed are considered to have high-quality, valuable content on their Twitter page.”
Developing networks: who’s in our network?
This month: Dr Tony Wagner. Tony is the Co-Director of the Change Leadership Group (CLG) at the Harvard Graduate School of Education. The CLG is an initiative of the Bill & Melinda Gates Foundation, which helps teachers to be effective change leaders in schools and districts.
Tony wrote The Global Achievement Gap, concentrating on the need to teach 21st century skills in schools and explaining that schools haven’t changed in line with workplace demands. His forthcoming book touches on a subject that is very in tune with what we have been studying at the Hot Spots Movement: innovation. Learning to Innovate, Innovating to Learn will explore what we, “the elders,” must do to enable the net generation to become entrepreneurs and innovators, so that we can lay the foundation for an “innovation society” to replace our unsustainable “consumer society.”
Tony poses some interesting questions: how do we parent for these capabilities? How do we teach the skills? How do we mentor and incentivise young innovators in the workplace? What companies do it best, and what can we learn from them that may apply to schools?
Unlike many business leaders who are vocal about the state of education, Tony has done more than his time in the field, so understands the pressures and limitations on teachers. He has worked for more than 35 years in the field of school improvement. Before taking up his current position at Harvard, he was a high school teacher for 12 years; a school principal; and a university professor in teacher education.
You can hear him talk about the seven skills students need for their future here.
Blog watch – community sites we like
Charlie Grantham and Jim Ware are Executive Producers of Future of Work, and send out a monthly e-newsletter to subscribers. The newsletter is a really great read: here’s an example of one of the articles in the latest edition.
Guess what: the sky isn’t falling
The next wave of growth in the United States will generate 100 million new residents. Overwhelmingly these new citizens will locate in America’s heartland and its outer suburbs. Enabled by technology for connection to the global economy and driven by immigration for cultural development, these areas will become the preferred location for talent. Businesses must understand and adapt to this demographic shift in order to compete successfully for innovators and entrepreneurs.
You can read the newsletter here.
Send to a friend
Finally, a new feature on this month’s newsletter is the Send to a Friend function. The Hot Spots Community is growing every month, so if you have a colleague that you think would like to receive the newsletter, click the button.