#blueoceanleadership
Blue Ocean Leadership: Transforming Engagement and Performance
The Harvard Business Review article "Blue Ocean Leadership" by W. Chan Kim and Renée Mauborgne introduces an innovative approach to leadership that parallels their renowned "Blue Ocean Strategy." This method aims to unlock untapped talent and energy within organizations by shifting leadership practices to enhance engagement and business outcomes.
Key Insights:
1. Workplace Engagement Crisis:
- Only 30% of employees are committed to their jobs; 50% do the bare minimum, and 20% are actively disengaged.
- Poor leadership is a major factor in this disengagement, costing the U.S. economy around half a trillion dollars annually.
2. Blue Ocean Leadership Approach:
Acts and Activities Focus: This focus prioritizes specific leadership acts and activities over personal traits, making it easier to implement changes that boost team motivation and performance.
- Market Realities Connection: Engages employees directly to identify leadership behaviors that hinder or help their performance, ensuring leadership practices align with market needs.
- Distributed Leadership: Extends leadership development across all management levels (top, middle, frontline), recognizing that effective leadership at every level drives organizational success.
3. Implementation Steps:
- See Your Leadership Reality: Use "As-Is Leadership Canvases" to map current leadership acts and identify gaps.
- Develop Alternative Profiles: Gather employee input to create new, effective leadership acts, categorized using the Blue Ocean Leadership Grid.
- Select To-Be Profiles: Engage the organization in selecting and refining new leadership profiles through a collaborative process.
- Institutionalize New Practices: Communicate and embed new leadership profiles across the organization, with regular feedback and performance monitoring.
Outcomes and Benefits:
Blue Ocean Leadership practices can significantly improve employee engagement, customer satisfaction, and overall organizational performance. For instance, a case study with British Retail Group (BRG) showed a reduction in employee turnover from 40% to 11%, savings of over $50 million in one year, and a 30% increase in customer satisfaction.
Conclusion:
Blue Ocean Leadership offers a pragmatic and scalable approach to transforming leadership practices, enhancing employee engagement, and driving superior business results. Are you ready to unlock your organization's blue ocean of talent?
For more insights and a deeper dive into blue ocean strategies, explore the whole article in the Harvard Business Review.
Are you releasing the ocean of untapped talent and energy of your employees? Visualizing #BlueOceanLeadership in comparison to conventional leadership practices will help you with implementation. Learn more: https://bit.ly/2RJKeZk
#BlueOceanStrategy #BlueOceanLeadership
Registration Service Manager & Proper Officer at Surrey County Council
1moCan't wait for this amazing journey!!!