leading for our future 05 may2015-njodlc-asd
TRANSCRIPT
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Leading for Our FuturePeople, Profit, Planet - and Purpose...
A Real World Perspective
May 5, 2016Annual Sharing Day
Jeana Wirtenberg, Ph.D. CEO Transitioning to Green
Linda Morris KelleyPrincipal, Transitioning to Green
Robert Coleman Senior Manager, Office of Sustainable Development & ProductStewardship at Church & Dwight Co., Inc.
Lauren Cranmer, Corporate Sustainability Manager with Becton Dickinson (BD)
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WelcomeBriefly introduce yourself at your table
• Your Name
• Your Affiliation
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Leading for Our FuturePeople, Profit, Planet - and Purpose...
A Real World Perspective
Benefits and challenges
Producing profit within the resource boundaries
Leadership purpose, mindfulness, reflection and presence
Experiential learning via GlobStrat Strategic Business Simulation
Corporate leaders’ experiences
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Leading for Our FutureA Leader’s Perspective on Working Sustainably
People, Profit, Planet
Sustainable• PLANET: We live and make our living
within the means of Earth’s natural resources, replenishing what we use
• PROFIT: We use resources efficiently and responsibly to create an economy that serves the greater good and businesses that consistently produce profits with high-value goods and services
• PEOPLE: We, individually and collectively, achieve prosperity and fulfillment by responsibly and inclusively creating real benefits for ourselves, our societies and our world
Unsustainable
• PLANET: We continually waste and deplete Earth’s natural resources
• PROFIT: We squander our resources—both material and human—extracting but not regenerating capacity and value, and concentrate rewards at the top
• PEOPLE: We institutionalize practices that perpetuate inequality in compensation, well-being, and access to opportunities, thereby limiting our future creation of value
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Leading for Our Future: A Leader’s ChallengeTransition to Working Sustainably
SustainableUnsustainable
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PROFIT
PEOPLE PLANET
PROFIT
PEOPLE
PLANETLeadership
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Essential Elements of a Culture for Sustainability
• Sustainable Values
• Sustainable Mind-Set
• Leadership for sustainability
• Visionary
• Employee engagement
• Multi-disciplinary
• Diversity, inclusion, social justice
• Wisdom
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Essential Elements of a Culture for Sustainability
• Sustainable Values; sees organization in context of community, society, and earth
• Sustainable Mind-Set; systems thinking
• Leadership for sustainability; leads with purpose and authenticity
• Visionary: Envisions the future we want to create
• Employee engagement; builds agility and resiliency; engages imagination; fun
• Multi-disciplinary; Embeds sustainability throughout learning and development
• Diversity, inclusion, social justice; deep caring for all people
• Wisdom: emotional, social, and ecological intelligence
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Leading for Our FuturePeople, Profit, Planet - and Purpose...
A Real World, Sustainability Perspective
Systemsthinking
Intergenerational responsibility
Socio-economicjustice
Enough … … for all … … forever.
Ecological Intelligence
Economic Intelligence
Emotional Intelligence+ +
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Context: Sustainable Business = Profitable BusinessProduce profit within the resource boundaries of a
sustaining planet
• Optimizing overall value for the business
• Reducing risk exposure
• Reducing waste, energy use, and expenses simultaneously
• Unleashing employees for engaged productivity
• Increasing sustainable competitiveness and profitability
• Elevating your reputation
Sustainability supports your company’s business by:
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Leaders Drive Change for a Sustainable FutureThere is a new reality emerging in which sustainability is not only a key
concern but also a pivotal driver that is essential to your company’s future.
Sustainability Leaders:
• Envision a compelling future
• Architect bridges to transition company business sustainably
• Embody a supportive company culture
• Build relationships that achieve goals
• Inspire and engage key stakeholders
• Anticipate sustainability opportunities
Leadership purpose, mindfulness, reflection and presence are critical to succeeding sustainably
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Experiential Learning Games Speed and Deepen Leadership Capabilities
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GlobStrat Triple Bottom Line Strategic Business Simulation
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Simulation ExerciseA Scenario
1. What you know about your new company:a. Successfully produces a basic computer tabletb. Sells primarily in company’s domestic market c. interested in being more sustainabled. Innovative competition is forcing reassessment of
business model e. (Read A Scenario handout)
2. Table discussion: Where will you start? How will you start? And
why?
3. Tables report out to group
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You have just been hired by GlobStrat Technologies as a new Vice President.
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Sustainability-Based Leadership Culture Drives Business Success
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Sustainability: Strategic Business ImperativeA Leadership Perspective
• Sustainability and operational excellence– People
• Diversity and inclusion• Learning and fulfilment• Appreciation and engagement
– Technologies and materials• Low environmental impact• High beneficial impact
– Value chain• Responsible management• Raising the bar
• Sustainability and market excellence– Continuing profitability– Industry leadership
• Sustainability and the creation of value– Talent acquisition and retention– Stock and share value– Contributions to well-being and prosperity
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Interacting FunctionsSales, Marketing, Finance, Production, R & D and HR
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Develop Your Business Model
Volume-Cost Domination Differentiation
Quality & ISO certifications
Service Coverage
Differentiate from competitors
Create real value
Build actual, sustainable competitive advantage
Source: Michael Porter
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Team by Team Triple-Bottom-Line Results
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QUESTIONS?
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The experiences of two corporate leaders who brought what they learned about leadership for
sustainability into their companies
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Bob Coleman Lauren Cranmer
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A Perspective on Leadership
For Building a Sustainable Enterprise
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1. What is a Sustainable Enterprise?
2. Is Sustainability a Strategic Business Imperative?
3. What are its Key Elements?
4. WHAT IS LEADERSHIP’S ROLE?
Some Key Questions
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Leadership’s Role
• You must first understand your business, and the risks, opportunities and value to all stakeholders
• Act on the opportunities; quantify the risks and value; convert risks to opportunities
• Communicate risks, opportunities and value to all stakeholders
• Continually assess and realign plans
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Program Learnings
• Integrating TBL is part mindset and part investment, but the return can be significant
• Spending on sustainability can help deliver top and bottom line benefits
• Build your sustainability plan upfront to establish the fit and foundation--TBL is not a fast follow
• You need to balance informed decision-making with risk-taking
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QUESTIONS?
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Envision the Future
• Changing world• Systems Thinking• Trends• Globalization• Economy• Regulatory• Technology• Customer needs
• Business model changes• Developing capability to lead change
• Kotter 8 step framework
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Leadership in a changing time…• Leadership Behaviors• Communication
• IQ/EQ• Listening• Inspiring – talk their language• Healthy debate/problem solving• Enabling others to act• Leadership is the act of getting someone else to do something
you want done because he wants to do it
• Millennials• Social Networking
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You don’t need a title to be a leader
• Passion/Hard work• Build Understanding &• Relationships• Metrics and data • GlobStrat –
• Viewpoints of all major corporate functions (WIIFM: sales, mktg, R&D, Ops, HR, Finance)
• When and how does it make sense to invest in sustainability/CSR
• Tools to help quantify lifecycle benefits?
Without data you’re just another person with an opinion
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What are your CEOs saying?
• We believe the long-term success of Whirlpool is tied in part to the health and well-being of society in general
– Jeff Fettig, CEO of Whirlpool
• …Public companies can move the collective needle by using their human and financial resources to innovate in ways that benefit both private interests and the public good
– Ronald Williams, CEO of Aetna
• In the next decade, the most successful companies will be those that integrate sustainability into their core businesses
– Jim Owens, CEO Caterpillar
• It takes 20 years to build a reputation and five minutes to ruin it– Warren Buffet
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QUESTIONS?
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Company Conundrums in Addressing Sustainability-Related Challenges
People-Related ChallengesChanging Mind-Sets and Behavior
Filling the Pipeline from STEM Disciplines
Overwhelming Workloads and Competing Priorities
HR and OD Need to Seize this Opportunity
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Promote Well-Being by Cultivating Sustainability-Inspired Habits and Practices
• Silent Reflection
• Mindfulness
• Listening generously
• Both-And
• Being, Satisfaction
• Caring, Compassion, and Service
• Gratitude
• Collaboration
• Balance
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Three Big Tipping Points
• Co-Creation
• Bottom-Up
• Long View
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Your thoughts?
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Thank you!
Jeana Wirtenberg, Ph.D. CEO Transitioning to [email protected]
Robert Coleman Senior Manager, Office of Sustainable Development & ProductStewardship at Church & Dwight Co., [email protected]
Lauren Cranmer, Corporate Sustainability Manager with Becton Dickinson (BD)[email protected]