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REVIEW OF
PICKING THE RIGHT
TRANSITION STRATEGY
By Michael D. Watkins
presented by
Akshay Yadav
1
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
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
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
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
6
7

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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
  • 6. 6
  • 7. 7