MARCH 2013.

CONTENTS

HOT SPOTS UPDATES

YET ANOTHER PROMINENT RANKING FOR LYNDA GRATTON

MBA Rankings.net has published a list of the 50 most influential business professors of 2013, and Lynda Gratton is included. She is in the company of prominent professors from around the world – click here to see the full list.

FUTURE OF WORK RESEARCH CONSORTIUM NOW OPEN FOR SIGN- UP FOR NEW MEMBERSHIP YEAR

Please get in touch with Tina Schneidermann to hear how your organisation can benefit from membership.

PLEASE SUPPORT US:

Vote for Lynda Gratton in the highly recognised Thinkers50 ranking by clicking here.

ARTICLES

THE POWER OF PLACE: WHY MARISSA MAYER ISN’T WRONG (AND ISN’T RIGHT EITHER) WHEN SHE TELLS YAHOO STAFF TO COME INTO THE OFFICE

Getting everybody to work together in the same office is unlikely to be feasible for most modern global companies. The benefits of getting diverse talent engaged in solving problems, creating new products, and redesigning procedures are plenty, but getting such diverse talent engaged generally means they’ll be located far from each other. So having everybody come into the office is unlikely to be the solution to troubled share prices (or other important issues facing a CEO).

Marissa Mayer is right to consider ‘place’ as important, yet ‘place’ has a much more sophisticated and nuanced meaning in today’s organisational reality. In a recent blog, The Power of Place, Lynda Gratton offers advice to Marissa Mayer about how Yahoo can avoid becoming an American version of a Japanese bureaucratic company, and asks three questions that need addressing to get the full power of place.



THE PROMISE OF DIVERSITY –

Few people or organisations dispute the benefits of diversity, but it’s really hard to deliver on the promise and transition from diversity to a truly inclusive organisation. As part of our Inclusion & Diversity Research Consortium, we set out to understand what the barriers are and how organisational and people processes need to be adapted to support diverse teams.

On 20 March, we ran the first webinar for our Inclusion & Diversity Research Consortium, with Lynda Gratton and Nigel Guenole, lecturer in work psychology and programme director of the MSc in Global Leadership at Goldsmiths University. Nigel has analysed our Hot Spots dataset on teams, and found some very interesting correlations between performance and various facets of diversity, for example conflict resolution skills. During the webinar, Lynda and Nigel discussed how companies need to adapt the way they support diverse teams to ensure they perform and deliver on the promise of diversity.

The webinar is available to all members of the Inclusion and Diversity Research Consortium, and if you would like to know more about joining, please contact Keith Dalton.



FINAL FOW WORKSHOP

On 22 March, the final workshop in the active phase of the Future of Work Research Consortium took place in London. More than 600 people attended the face-to-face events, with even more joining in via webinar over the past five months.

The purpose of the workshop was to support consortium members in transitioning from the active to reflective phase, where they will work on turning the insights into relevant actions for their respective organisations.

You can watch a video of what the participants were up to during the workshop.

Interested in press coverage from the event? Click here to read coverage from The Recruiter.

Your organisation can now join the Future of Work Research Consortium. Please contact Tina Schneidermann for more information.


WHEN JOURNALISTS ASK THOSE IGNITING QUESTIONS…

At the Hot Spots Movement, we’re great fans of ‘igniting questions’. They’re the kind of questions that make people think and make them lift a challenge together. So we were really pleased when a couple of journalists from the Wall Street Journal contacted Lynda to get her comments on a few questions they had for their The Experts column. We were even more pleased when it turned out that the questions were igniting, and that they were both core to the conversations we’re having at the Hot Spots Movement’s two research consortiums:

Do Companies Spend Too Much on 'Superstar' CEOs? You can read Lynda’s answer here.

The second question was about how leaders should encourage innovation. This touches on some of our ongoing research interests at the Hot Spots Movement. For instance, how do leaders support teams? Where does innovation happen within the organization? Are there organisational practices in place that support the team to deliver? It is also about ensuring that the positive effects of team diversity outweigh the drawbacks frequently experienced in heterogeneous teams, and deliver the innovation required.

Both of these challenges are part of the first theme that we are currently discussing on our Inclusion & Diversity Research Consortium (more about that elsewhere in this Newsletter).

You can read Lynda’s observations here.

WHAT HAVE WE BEEN READING?

Admittedly, it may take team ‘aficionados’ like us at the Hot Spots Movement to devour academic articles about recent research. Recently, we’ve been looking at when and how different types of diversity either benefit or impede team performance.

As part of our research consortium on Inclusion & Diversity, we are reading and summarising some very interesting articles about the circumstances in which the diversity within teams becomes beneficial. We have a significant dataset on this from our year-long study of Hot Spots (highly innovative and buzzing teams), and we are learning more about the leadership and organisational practices required to support high performing teams. Members of the Inclusion & Diversity Research Consortium have access to the summaries of several of these articles, which is helpful when they are 20+ pages long and rather technical!

Here are just a few of the articles summarised so far:

Managing Diversity and Enhancing Team Outcomes: The Promise of Transformational Leadership
By Eric Kearney and Diether Gebert

Capitalizing on Thought Diversity for Innovation
By Corinne Post, Emilio De Lia, Nancy DiTomaso, Thomas M. Tirpak and Rajendra Borwankar

When and How Diversity Benefits Teams: The Importance of Team Members’ Need for Cognition
By Eric Kearney and Diether Gebert and Sven C. Voelpel

Should you be interested in more, get in touch with Haniah Shaukat from our research team.

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