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Mastering Leadership Transformations with Michael Watkins: A Guide to Strategic Value Creation
Manage episode 414345994 series 3552137
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I’m joined by Michael Watkins, a renowned expert in leadership transitions and author of the bestseller The First 90 Days. Michael, who was recently inducted into the Thinkers 50 Management Hall of Fame, shares invaluable insights drawn from his decades of aiding leaders in effectively assuming new roles and driving organizational change. This episode is packed with wisdom for entrepreneurs seeking to elevate their strategic leadership and value-creation capabilities.
What you'll learn:
🔑 Practical Experience Over Formal Training - Michael shares the "70-20-10" theory, highlighting that 70% of leadership development is derived from on-the-job experiences, In contrast to the limited impact of formalized leadership programs compared to practical, hands-on challenges.
🔑 The Importance of a Supportive Trio - Effective leaders benefit significantly from having a robust support system comprising advisors, coaches, and mentors. Michael discusses how each plays a distinct yet complementary role in a leader's growth and adaptation to new challenges.
🔑 Strategic Adaptation Is Key - In today’s fast-paced environment, leaders must develop the ability to adapt strategically in real time. Michael shares strategies for leaders to enhance their strategic thinking capabilities, ensuring they can navigate and thrive amidst constant change.
This episode is a must-listen for any entrepreneur eager to refine their leadership skills and push their strategic boundaries. We need great leaders in the world, and they can become value-creating machines! Michael’s insights serve as a guiding light for navigating the complex journey of leadership and value creation.
For more free videos, tools, and resources about the MIND Methodology go to https://etw.com/
Kapitler
1. Developing Leaders and Creating Value (00:00:00)
2. Creating Value and Amplifying Impact (00:11:15)
3. Leadership Development Strategies and Evaluation (00:21:54)
4. Creating Shared Purpose and Alignment (00:32:23)
5. Importance of Leadership for Value Creation (00:39:38)
6. Developing Strategic Thinking Capability (00:51:41)
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