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Dave Ulrich of the University of Michigan and consultants Jack Zenger and
Norm Smallwood argue that it is not enough to gauge leaders by
personal traits such as character, style, and values. It is a mistake to
focus on leadership attributes that managers bring to the office,
such as analytic thinking, working with ambiguity, and personal
integrity. Rather, effective leaders know how to connect these
leadership attributes with leadership results.
In their book Results-Based Leadership ( )
Ulrich, Zenger, and Smallwood move us from thinking primarily about the
inputs of leadership to stressing the outcomes of leadership. The
challenge in a strategic HRM approach is to build leaders throughout the organization that focus on
both attributes and results. To this end, the authors recommend that
managers model what they want by continually asking what is required for
achieving results and repeatedly telling stories about getting results.
The Results-Based Leadership formula:
"Effective Leadership =
Attributes x Results."
Note that the equation suggests that leaders must strive for excellence
in both terms; that is, they must both demonstrate attributes and
achieve results. Each term of the equation multiplies the other, they
are not cumulative. A score of 9 out of 10 in attributes, for example,
multiplied by a score of 2 out of 10 on results, yields an effectiveness
rating of only 18 out of 100, not 11 out of 20.
Ulrich cs offer four criteria for judging whether managers are
indeed focused on achieving results:
- Balanced — results balance the major dimensions of the organization
(employees, organization, customers, investors) ignoring no one;
- Strategic — results link strongly to the strategy of
the firm's and its competitive
position;
- Lasting — results meet both short- and not sacrifice
long-term goals; and
- Selfless — results support the whole enterprise and transcend the manager's
personal gain.
Executives should actually deliver
results in four areas: 1. for employees; 2. for the organization,
3. for its customers, and 4. for its investors. Each area requires its
own metric: for employees, it is
developing their human capital and commitment; for customers, providing
value for what they value; for investors, reducing costs and growing the
business; and for the organization, creating a learning and innovative
instinct.
In their 2003 book: Why the Bottom Line Isn't! ( )
Dave Ulrich and Norm Smallwood argue (as
Baruch Lev did earlier on) that
sustainable shareholder value comes increasingly from assets not
accounted for on an organization's balance sheet. These assets include a
company's reputation, its ability to attract talent, and its ability to
react quickly to new opportunities in the marketplace.
Compare with Results-Based Leadership
:
Leadership Styles |
Value Based Management |
Leadership
Continuum |
Path-Goal Theory |
Contingency Theory
|
Competing Values Framework |
Result
Oriented Management
| Seven Surprises
|
Seven Habits |
SMART |
Intangible Assets
More management models
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