Douglas Conant

Great session from Renee Moelders. Working in virtual environment is definitely challenging. However that’s the new reality. So Using it to your advantage, doing it right. I like the way old mindset versus how shift to new paradigm where showcased. ConvergenceCoaching, LLC Entigrity AICPA #engage2024

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“For strategies to generate transformative change—change in the way parts of a system operate and relate with one another, leading to dramatically different outcomes and impacts—they must be collectively owned. Co-owning a strategy for transformation requires a shared intention among partners and funders to rebalance power dynamics, transcend silos, and embrace messiness and experimentation. Co-ownership begins as a shared commitment, rooted in common understanding of a situation.” #collectiveownership #innovation #philanthropy #transformation #change #strategy #impact

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The best board members know that their responsibility and value to the organization(s) they serve extend beyond a few meetings a year. Board members can be powerful and effective mentors. https://lnkd.in/di-GwyuF #governance #leadership

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I recently had the pleasure of sharing my thoughts on leadership during uncertain times in an interview with Yitzi Weiner for Authority Magazine. We discussed the importance of storytelling, strategic focus, and building an adaptable organization. In today's volatile and complex world, leaders must think outside-in and simplify complexities to drive real change. Dive into the full article to learn about the five key things every leader should do to lead effectively during turbulent times. https://lnkd.in/eiUBNDdr #Leadership #ChangeManagement #Strategy #ExecutiveEducation #Adaptability Columbia Business School

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Whether or not we're always aware, our values drive our actions. As powerful as this is in itself, when people choose to realize and focus in on their values, the outcome can be exponentially greater. Our The Family Business Consulting Group, Inc. (FBCG) colleagues, Tom Emigh and Richa Singh, do a great job of discussing common questions in family business, such as: "Is it possible to measure values?" and "What if we don't agree?" What we see is that curiosity and exploration are key. Have you truly explored your family's collective values? Why or why not? Maybe it's time! Read on to learn how to begin turning exploration into articulation. #FamilyFirst #FamilyValues #FamilyBusiness 

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🌟 Reflecting on Ethical Decision-Making in Today's Corporate World 🌟 In the wake of recent events, where notable organizations have re-evaluated their partnerships based on ethical grounds, it's crucial for us to pause and reflect on the essence of ethical decision-making within our corporations. Yesterday, I had an insightful conversation with esteemed Ethics and Purpose Professor, Andy Wicks, from the UVA - Darden School of Management. We delved into the complexities of ethical dilemmas that organizations face, especially in scenarios where societal expectations are rapidly evolving. Professor Wicks has long emphasized that ethical decision-making isn't merely about choosing between right and wrong but understanding the deeper impact of our decisions on a wide array of stakeholders. His teachings remind us that ethical considerations should be as integral to business strategy as financial considerations. Here are a few key takeaways from our discussion and his teachings based on the "Note on Ethical Decision Making, Darden Business Publishing": 1. Standards of Conduct: Every organization operates within a community of practice that has established norms and expectations. Understanding and aligning with these standards not only builds trust but also sustains long-term success. 2. Character and Relationships: The character of an organization shapes its destiny. Nurturing traits like integrity, fairness, and responsibility within corporate culture is essential for building enduring relationships and a respected brand. 3. Purposes and Consequences: Decisions must be evaluated not just by their potential to achieve business goals but also by their impact on the community and environment. This approach ensures that the pursuits of profitability do not undermine ethical standards. The recent decision by DI, Novo, and Maersk to reassess their collaboration with Copenhagen Pride raises important questions about aligning business practices with social values. This scenario exemplifies the need for organizations to be ever-vigilant and responsive to the ethical implications of their actions (I am making no judgment here, as I do not know the situation, so only showing the complexity of ethical decision making in organizations). As we navigate these challenging times, let's commit to fostering an environment where ethical deliberations are not just an afterthought but a fundamental aspect of strategic decision-making. I encourage all professionals to engage in this dialogue, reflect on your organization’s ethical practices, and consider how you can contribute to more principled decision-making in your spheres of influence. If you want to read more about Ethical Decision Making from Andy Wicks, please click in the link below. https://lnkd.in/dXvzqkW8 #BusinessEthics #Leadership #CorporateResponsibility #EthicalDecisionMaking #SustainableBusiness

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On May 21st, I'll be presenting a webinar for the Bonar Institute. If you've never heard of the Bonar Institute I suggest you spend a few minutes and acquaint yourself. The topic of the webinar is "How to Improve Board Communication: The psychology of reporting to the Board." Today, boards face heightened expectations and regulatory scrutiny. They are no longer solely responsible for setting strategic direction; they must also comprehend the actions taken by the organization's leadership to achieve these goals. Collaboration between boards and the C-Suite is essential to ensure compliance with fiscal, privacy, and cybersecurity regulations. Join us as we aim to enhance communication between the C-Suite and the Board, facilitating better alignment and cooperation. Register here: https://lnkd.in/gt7iPS6E

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Check out this insightful interview with author Witold Henisz discussing political instability and risk management for leadership and organizations. Henisz delves into this timely concern in his new book "Geostrategy by Design," offering valuable insights on how leaders can protect their interests during times of insecurity. Listen to the interview for expert advice on mitigating risks: https://lnkd.in/gfd233Ew

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Exciting Announcement! We are thrilled to announce the Call for Chapters for our upcoming book, "Strategic Approaches to Mindful Leadership and Change Management Models," edited by Maria Baez from Capitol Technology University. This comprehensive guide will explore how mindfulness can transform leadership and organizational change models, focusing on enhancing Diversity, Equity, and Inclusion (DEI). If you are a scholar, researcher, or practitioner in leadership, business psychology, DEI, or Mindfulness, we would like to invite you to contribute. Please submit your proposals by June 26, 2024, and join us in driving meaningful change and innovation in organizations worldwide. https://lnkd.in/djcdQwj9 For more details and submission guidelines, visit IGI Global Call for Papers. Let us cultivate awareness, empathy, and compassion together! 💡📘🌍 #MindfulLeadership #ChangeManagement #CallForChapters #DEI #LeadershipDevelopment #Mindfulness #Research #Innovation

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Not having ample checks and balances is just bad governance, but course correct too much and a company can just lose its momentum completely. Toyota Motor Corporation is at a crucial juncture, and how they navigate this transition will shape their future. Thank you to The New York Times for featuring my thoughts along with other experts on Toyota's critical leadership transition. This piece underscores the complexities of corporate governance and the delicate balance required in succession planning. You can read the full article here: https://lnkd.in/e9reBkFT Our latest Future Readiness Indicator rankings further support these insights. Explore how #automotive companies are preparing for future challenges here: https://lnkd.in/eK6sHF7V #imdimpact #futureready #centerforfuturereadiness #leadership #corporategovernance #futurereadiness #toyota

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Reminder of Online Webinar Monday Dec. 9 from 12 - 1:30 PM PST. Join us to learn how to address polarization. These global challenges deeply affect institutions, organizations, and individual well-being. Learn how each program area in the School of Leadership equips students with critical leadership strategies, skills and resilience. Register here: https://lnkd.in/gxq9rvkj #globalleadership #leadership #leadershipstrategies #polarization #Mastersprograms

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Leadership is learned, not innate. On The Leadership Trap Podcast with Dr. Kris Potrafka, PhD, SHRM-SCP, PCC and David Hughen, MSOD, PCC, we explored common leadership traps and solutions. Key insights: 🔶 Shift to outside-in thinking: Focus on external impact over internal processes. 🔶 Leadership as a practice: Develop self-awareness, strategy, and interpersonal skills. 🔶 Feedback is gold: Honest, structured input creates stronger leaders. Catch the full discussion: https://lnkd.in/e3uz-eGY #Leadership #OutsideInThinking #GrowthMindset #LeadershipLessons Columbia Business School

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Stepping into a new executive role comes with exciting opportunities—but also inherited challenges. My latest blog, 'How to Overcome Inherited Issues in Your New Executive Role,' shares actionable strategies to assess, address, and turn those inherited obstacles into opportunities for success. From building trust with your team to developing strategic solutions, discover how to navigate your new role with confidence. Read the full blog here: https://www.rfr.bz/lnauxso #ExecutiveLeadership #LeadershipTransition #ProblemSolving #OrganizationalSuccess #SparkSuccess

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CEOs’ Strategic Dilemma: Navigating Profitability and Purpose (2 minutes) Corporate social responsibility has been in the news lately with Boeing standing out as a prime example of a company’s strategy prioritizing balance sheet metrics leading to widespread concerns over safety. How should CEOs balance profitability with social responsibility in their strategic decisions? CEOs who lead by the balance sheet focus primarily on financial metrics and shareholder value as the driving force behind their decision-making. Their leadership style is often characterized by a relentless pursuit of profitability, cost-cutting measures, and maximizing returns for shareholders. This approach prioritizes short-term financial gains and may involve strategies such as restructuring, downsizing, or divesting non-core assets to improve financial performance. On the other hand, CEOs who lead by corporate social responsibility (CSR) adopt a broader perspective that considers the impact of business decisions on various stakeholders, including employees, customers, communities, and the environment. They recognize that sustainable business practices, ethical behavior, and social responsibility are integral to long-term success. This leadership style emphasizes transparency, accountability, and ethical conduct in all business operations. The contrast between these two leadership approaches lies in their fundamental values and priorities. CEOs leading by the balance sheet prioritize financial outcomes and shareholder wealth maximization, often at the expense of other stakeholder interests. In contrast, CEOs focused on CSR balance the needs of stakeholders with the needs of the business, seeking to create value not only for shareholders but also for society at large. While balance sheet-focused CEOs may achieve short-term financial gains, CSR-oriented leaders aim for sustainable growth and long-term value creation by fostering trust, building strong relationships with stakeholders, and contributing positively to social and environmental well-being. Ultimately, the choice of leadership style can significantly impact organizational culture, reputation, and overall business success in the long run. What lessons can today's CEOs' learn from Boeing's strategic dilemmas regarding profitability and purpose? #CorporateResponsibility #Boeing #CEOLeadership #StrategicDilemmas #ProfitVsPurpose #LeadershipStyles #BalanceSheetMetrics #SocialResponsibility #EthicalLeadership #StakeholderValue

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"Tailoring Well-Being Programs for Optimal Impact" Human Capital Leadership Review Abstract: This article explores strategies for achieving optimal outcomes through workplace well-being programs. It discusses defining success across multiple impact dimensions including participation, behavior change, health outcomes, and organizational costs. A research-backed framework is provided for tailoring program design based on unique organizational culture factors such as industry, size, values, and generational mix. Behavioral science principles are also outlined for strengthening employee engagement through tactics like social support, gradual goal-setting, feedback mechanisms, and offerings that provide pleasure and autonomy. Real-world case examples from diverse industry settings demonstrate effective application. The brief concludes with recommendations for ongoing program stewardship including evaluation, leadership buy-in, community building, communications, and continuous improvement efforts. The goal is to help practitioners maximize returns from their wellness investments.

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The most interesting finding in this survey of large for-profit corporate governance:  "board members are far more likely to be very confident in their CEOs’ readiness than CEOs are in their board members to deal with the changing environment."

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