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MANAGEMENT in the digital age

RESULTS.com Management in the Digital Age. August 26

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Management's role in the workplace has changed and technology is having the biggest impact. The truth is, most businesses haven’t kept pace and are using management philosophies from the last century. It’s broken, it hurts, and that’s why 70% of today’s workforce is disengaged! http://www.results.com/webinar-mda Here's the reality: - Disengagement eats away at your bottom line - Millennials are digital natives and are becoming your biggest work group - There are new implications and opportunities Seize the opportunity, join the free webinar and learn: Why traditional management doesn’t work anymore How radical transparency accelerates business results What millennials expect from their employer How to become a leader who empowers and coaches their team to choose a more productive life at work

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Page 1: RESULTS.com Management in the Digital Age. August 26

MANAGEMENTin the digital age

Page 2: RESULTS.com Management in the Digital Age. August 26

Tweet @RESULTSdotcom

#realRESULTS

Facebook www.facebook.com/RESULTSdotcom

START SIMPLE!extend the convo!

Page 3: RESULTS.com Management in the Digital Age. August 26

1. Overview: what’s causing change

2. Technology change and Societal

3. Why management must change

4. The age of transparency

5. Your company's digital blueprint

6. How to drive change in your organization

7. Webinar special offer

START SIMPLE!7 things we’ll cover today

Page 4: RESULTS.com Management in the Digital Age. August 26

If you don’t have middle management,

you are middle

management!

Page 5: RESULTS.com Management in the Digital Age. August 26

coaching consulting virtual consulting

SaaS

EXPERTISE>> 15+ years of mgmt.consulting

>> Global Network

THOUGHT LEADERSHIP>> Published book + white papers

>> MIT Classes

>> Features in “The Economist”

CUSTOMERS>> SMBs + early adopters

>> 4,500 paying software users

>> Global reach

PRODUCT>> SMBs + early adopters

>> 4,500 paying software users

>> Global reach

RESULTS.comcompany evolution

Page 6: RESULTS.com Management in the Digital Age. August 26

“We are going to have to reinvent management; the way we lead, we plan, we organise, we hire, we motivate... because today, organisations are facing a set of challenges that are truly unprecedented."

– Gary Hamel

Page 7: RESULTS.com Management in the Digital Age. August 26

“It is not the strongest who

survive, nor the most

intelligent,but the ones most

responsive to change.”

= when tech. and society evolve

faster than your ability to adapt.

Page 8: RESULTS.com Management in the Digital Age. August 26

“In short, software is eating the world.”

Marc Andreessen

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TECHNOLOGYchange

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“Intellectual property has the shelf life of a banana.”

– Bill Gates

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SOCIETALchange

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GLOBALIZATIONis very real

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I like the people

I work with.

Someday I’ll meet

them in person.

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13%

more productive

50%

higher retention

FLEXIBILITY

workplace

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Requires attention

Self Confidence

Tech natives and early adopters

Openly share ideas and risk

takers

Newest working group – need mentoring

Page 27: RESULTS.com Management in the Digital Age. August 26

MEANINGFUL

what is

work?

Page 28: RESULTS.com Management in the Digital Age. August 26

MEANINGFUL

what is

work?

Page 29: RESULTS.com Management in the Digital Age. August 26

“Change is difficult. But not changing is fatal.”

– Anonymous

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MANAGEMENTmust change

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▪ 92% of organizations do not measure

KPIs

▪ 90% of strategies fail due to poor

execution

▪ Only 27% of employees have access to

their company strategic plan

▪ Only 5% understand their company

strategy

▪ Only 15% of employees know their

company’s top priorities

▪ Only 6% of employees know their own

priorities

[1] Renaissance Solutions Survey, 1996[2] Kaplan and Norton, Harvard Business School Press, The Strategy-Focused Organization, 2001[3] Strategy & Leadership Journal, May/June 1999[4] Covey and Whitman , Predictable Results in Unpredictable Times, 2009

MANAGEMENT

1.0isn’t working

Page 32: RESULTS.com Management in the Digital Age. August 26

LABOUR

obediencesystems

processesproductivity

TALENT

initiativeinnovationcreativitypassion

MANAGEMENT

MANAGEMENT 1.0

2.0

Page 33: RESULTS.com Management in the Digital Age. August 26

18%

actively disengaged

52%

not engaged

30%

engaged

DISENGAGED

70% of employees are

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don’t engage people

SPREADSHEETS

Page 36: RESULTS.com Management in the Digital Age. August 26

[1] Harvard Business Review, May 2014, Your Scarcest Resource

are NOT WORKING

▪ 15% of an organization’s collective

time is spent in meetings

▪ 67% of meetings are rated as “ineffective” by managers

▪ 92% of people admit multitasking during meetings (checking email,

unrelated work)

▪ $37 Billion wasted on unproductive

meetings per year in the USA

MEETINGS

Page 37: RESULTS.com Management in the Digital Age. August 26

Top 3 Reasons why employees leave companies:

1.

Lack of faith in leadership

team

2.

disengaged; demotivated

3.

unappreciated

Page 39: RESULTS.com Management in the Digital Age. August 26

MANAGERS?

Let’s not throw the baby out with the

bath water!

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Even they tried it, BUT it did not work!

Page 41: RESULTS.com Management in the Digital Age. August 26

2.0

MANAGEMENT

"We leave the manner of accomplishing the mission to the soldier, allowing them the freedom to take whatever steps deemed necessary based on the situation."

Page 42: RESULTS.com Management in the Digital Age. August 26

MANAGEMENT

1. Have a vision

2. Be a good communicator

3. Be productive and results oriented

4. Be a good coach

5. Empower the team and don’t micromanage

6. Use your technical skills to advise

7. Express concern for team well being

8. Help with career development

Google identified 8 key traits that managers need to be successful now

good

Page 43: RESULTS.com Management in the Digital Age. August 26

AN AGE OFtransparency

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vision

strategy

companygoals

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SHARED VISION + STRATEGY

your company’s

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ALIGNMENT

company-wide goal

Company goal

Team goal 1

Individual goal 1

Team goal 2

Individual goal 2

Individual goal 3

Page 47: RESULTS.com Management in the Digital Age. August 26

DIGITAL BLUEPRINT

your company’s

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80%

PROGRESS matters

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CELEBRATE small wins

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EXCELLENCE

PRAISE creates

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GOALS & TASKS

▪ 70% of employees want regular

conversations about their Goals with

their manager

▪ Only 36% of employees report their

managers are having such conversations

ACCOUNTABILITY & RESULTS

▪ 67% of employees want regular performance

feedback

▪ Only 29% actually get feedback on their

results from their manager

FEEDBACK

employees want more

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“As we look ahead into the next century, leaders will be those who empower others.”

– Bill Gates

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COMMUNICATION +COLLABORATION

company-wide

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Key Performance Indicators

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Projects + Tasks

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Everyone knows their ACCOUNTABILITIES

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the new age of

MEETINGS

Page 62: RESULTS.com Management in the Digital Age. August 26

IDENTIFY WHAT’S HAPPENING IN YOUR BUSINESS RIGHT NOW

VISIBILITY INTO WHAT DIFFERENT PEOPLE AND TEAMS ARE WORKING ON

IDENTIFY WHICH AREAS ARE WORKING WELL AND WHICH REQUIRE ATTENTION

UNDERSTAND WHO’S EXCELLING AND WHO NEEDS HELP

for SMBssolution

COMPLETEthe

Page 63: RESULTS.com Management in the Digital Age. August 26

4,500 + software members here’s what they’re saying:

“We rolled out RESULTS to the entire company. Before using RESULTS some teams didn’t measure KPIs, now everyone has a KPI. In fact our production output has increased by 139%!”

Harvey Dunn – General Manager. Progress Printing

“Efficiency in our company operations has improved. We’ve shaved off an entire day with our DIFOTIS (deliveries in full, on time, in spec), from three days to under two.”

Matt Petersen – General Manager Applichem Inc

For the folks out in the field the software helps them view and track their own numbers, rather than finding out their results retrospectively. In the first two weeks of access to the software, the average $ sale increased by 15%.”

Darlene Henshaw – General Manager Replacement Lamp Services

“RESULTS.com improves internal communications and helps maintain focus on Key Performance Indicators. There’s more transparency into company-wide performance, helping us to curb operational costs. The transparency helps us understand internal struggles but also highlight the positives. Since implementing RESULTS.com we’ve been able to reduce overtime costs by 80%.” Mark Narcy – General ManagerControlled Contamination Services

“To be able to, at the push of a button on our iPhone, have a snapshot of how everyone’s performing while we’re overseas is a big thing for us. I think it has drawn the team together and when someone is struggling or not hitting numbers everybody chips in to see how we can help.”

Dean Young – General ManagerBRAVEday

Page 64: RESULTS.com Management in the Digital Age. August 26

DIGITAL BLUEPRINT

your company’s

Page 65: RESULTS.com Management in the Digital Age. August 26

Tweet @RESULTSdotcom

#realRESULTS

Facebook www.facebook.com/RESULTSdotcom

START SIMPLE!extend the convo!