The document discusses different transition strategies for new leadership roles. It presents the STARS framework which categorizes five types of business situations: start-up, turnaround, accelerated growth, realignment, and sustaining success. For each situation, a different leadership style is most effective. For turnarounds, a heroic leadership style is recommended to make fast changes and shift mindsets. For realignments, stewardship is better to make deliberate moves and build alliances to enhance capabilities. In all transitions, leaders must adapt to the new role through organizational changes like prioritizing and team building, and personal changes like self-awareness and building complementary teams.
Call Now Pooja Mehta : 7738631006 Door Step Call Girls Rate 100% Satisfactio...
Picking up right transition strategy
1. REVIEW OF
PICKING THE RIGHT
TRANSITION STRATEGY
By Michael D. Watkins
presented by
Akshay Yadav
1
2. TRANSITIONS INTO NEW LEADERSHIP
ROLES
• Challenging and vulnerable
• No “one size fits -all “ approach to successful
transition
• Relying reflexively on past experiences is a mistake
• Deeper understanding of the situation at hand is
needed
• STARS model is an effective framework for business
situation assessment
2
3. The STARS Framework
• Start-Up : assembling the capabilities to get a new business
off the ground
• Turnaround : saving a business widely acknowledged to be in
serious trouble
• Accelerated Growth : managing a rapidly expanding business
• Realignment : reenergizing a previously successful
organization that now faces problems
• Sustaining Success : coming in on the heels of a highly
regarded leader with a stellar record of accomplishment
3
4. ADAPTING NEW LEADERSHIP ROLE
Organizational Change
• Organize to learn about business
• Establish A-item priorities
• Define Strategic intent
• Build the leadership team fast
• Identify where you can secure early wins
Personal Change
• Enhancing self-awareness
• Exercising personal discipline
• Building complementary teams
4
5. ONE LEADERSHIP STYLE DOES NOT FIT
ALL
Turnarounds-Heroic Leadership
• Focus on technical learning
• Prepare to act quickly
• Prune non core business.
• Make faster, bolder moves.
• Focus on strategy and structure.
• Clean house at top.
• Recruit external talent.
• Shift organizational mindset from despair
to hope.
• Gain support from bosses and other
stakeholders to invest the required
resources
• Heroic leadership
Realignments-Stewardship
• Focus on cultural and political learning.
• Prepare to act deliberately.
• Enhance existing capabilities and stimulate
innovation.
• Make slower ,more deliberate moves.
• Focus on systems, skills and culture.
• Make a few important changes.
• Promote high potential from within.
• Shift mindset from denial to awareness
• Build alliances sideways and down to
ensure better execution
• Stewardship
5