new world talent survey - the lighthouse company · 2017-02-14 · lighthouse company in january...
TRANSCRIPT
New World Talent Survey – 2017 Results
Welcome to The LighthouseCompany’s annual New World TalentSurvey results.
Now in their eighth successive year,these findings serve to understand thecollective opinions, views and inner-thoughts of our industry’s leadinglights.
The study was conducted by TheLighthouse Company in January 2017.
With over 600 C-suite levelcontributors across the advertising,media, marketing and technologysectors, we are able to quantify the keytrends identified at the Lighthouseover the past twelve months gainedthrough the thousands ofconversations we hold with leadershiptalent.
How professionally fulfilled are you on your current position?
48%51%
40% 41%
68%71%
25%
19%
12% 10%6%
3%
0%
20%
40%
60%
80%
2012 2013 2014 2015 2016 2017
Fulfilled (7-10) Very Unfulfilled (1-3)
Source: 2017 New World Talent Survey, The Lighthouse Company
What are your feelings about the likely growth prospects
of your business in 2017?
36%31%
36%
60%56%
53%
41%
7%
20% 18%
8% 10% 12%16%
0%
20%
40%
60%
80%
2011 2012 2013 2014 2015 2016 2017
Confident Concerned Confident = Absolutely buoyant/Pretty confident
Concerned = A few concerns/Quite downbeat
Source: 2017 New World Talent Survey, The Lighthouse Company
Where would you like your next role to be?
33%
21%
14%
10%
3%
15%
0%
10%
20%
30%
40%
50%
media owner agency tech business client side data business other
2014 2015 2016 2017
Source: 2017 New World Talent Survey, The Lighthouse Company
Where would you like your next role to be?
(breakdown by agency type)
10%
5%
2%
3%
0%
6%
7%
0%
1%2%
9%
4%
0%
2%1%
7% 7%
1% 1%
5%
0%
2%
4%
6%
8%
10%
12%
media agency creative agency digital agency specialist agency integrated agency
2014 2015 2016 2017
Source: 2017 New World Talent Survey, The Lighthouse Company
Which elements would most influence, inspire or attract you
to make your next career move?
46%
42%41%
40%
8% 8%
29%
19%
4%8%
45%
6%
0%
10%
20%
30%
40%
50%
60%
70%
Growthprospects
Leadership(your boss)
Improvedfinancialpackages
Broadeningmy experience
Geographicalopportunity(adding intl
scope)
Improvedstatus
Betterwork/lifebalance
Clearautonomy
Proximity tohome
Agreedsuccession
plan
Values &Purpose
Other
2012 2013 2014 2015 2016 2017
Source: 2017 New World Talent Survey, The Lighthouse Company
In the past 12 months, have you thought about any of the following?
39%
58%
39%
15%10%
15%
0%
10%
20%
30%
40%
50%
60%
70%
80%
leaving the industry moving companies starting my ownbusiness
consolidating ormerging businesses
selling yourbusiness
none of the above
2013 2014 2015 2016 2017
Source: 2017 New World Talent Survey, The Lighthouse Company
How much do you think your ability to lead across
multiple disciplines has changed?
40%
49%
8%
4%0%
37%
53%
6%3%
0%0%
10%
20%
30%
40%
50%
60%
A huge amount Some change No change Little change Not in the slightest
2016 2017
Source: 2017 New World Talent Survey, The Lighthouse Company
What do you believe are the most desirable traits in a transformational leader?
77%
21%
44%
11% 12% 14%
47%
16%
34%
11%
6%
1%4%
0%
10%
20%
30%
40%
50%
60%
70%
80%
Vision Confidence Engagingwith all
employees
Independentthinking
Ability tomake
unpopulardecisions
Speed ofjudgment
Authenticity Transparency Courage Wisdom Horizontalexperience
Ruthlessness Other (pleasespecify)
Source: 2017 New World Talent Survey, The Lighthouse Company
What do you think is the primary reason that we are sensing
a drought on new transformational leaders?
0%
9%
6%
3%
33%
20%
9%
6%
15%
0%
5%
10%
15%
20%
25%
30%
35%
40%
Over-regulation Globalisation orcentralisation
Fear of unforeseenmarket dynamics
Fear of conflictwith the board
Network/corporateconforming
Fear of getting itwrong
Risk outweighsfinancial upside
Fear of losing jobs Other (pleasespecify)
Source: 2017 New World Talent Survey, The Lighthouse Company
If your leadership tenure had a ‘sell by date’ how would
you know you had exceeded it?
7%10%
15%
3%
47%
10%
4%
0%
4%
0%
10%
20%
30%
40%
50%
I’d no longer strive to be the best
My priorities wouldhave shiftedelsewhere
I’d notice a lack in my natural curiosity
I’d be feeling undermined by
more skilled people around me
I’d no longer feel an innate sense of
passion for the business
I’d care less about the organisation’s
aims and more about my own
I’d no longer feeling included
I’d no longer feel fairly remunerated
Other (pleasespecify)
Source: 2017 New World Talent Survey, The Lighthouse Company
How good is your company at planning its succession management?
5% 6%
8%
11%
16%15%
22%
11%
3%2%
0%
5%
10%
15%
20%
25%
1 2 3 4 5 6 7 8 9 10
2015 2016 2017
Source: 2017 New World Talent Survey, The Lighthouse Company
What percentage of your company do you believe is 45+
73%
18%
7%
1% 1%0%
10%
20%
30%
40%
50%
60%
70%
80%
0-20% 21-40% 41-60% 61-80% 81-100%
Source: 2017 New World Talent Survey, The Lighthouse Company
What do you believe to be the primary benefits
of older, experienced employees?
76%
34%
19%
7%
12%
3%6%
50%
5%
33%
10%
36%
2%
0%
10%
20%
30%
40%
50%
60%
70%
80%
Accumulatedknowledge
Establishednetworks
An alternatepoint of view
Greateradaptability
Morepersonally
settled
Clear on careergoals
Moreestablished
Emotionalmaturity
Greaterproductivity
Worldlywise/insightful
Moreloyal/stable
Greaterresilience
Other (pleasespecify)
Source: 2017 New World Talent Survey, The Lighthouse Company
And what characteristics do you believe could potentially prevent you from
employing older workers?
19%
60%
41% 40%
9% 8%
13%16%
44%
13%
8%
0%
10%
20%
30%
40%
50%
60%
Less curious Modern skilldeficiencies
Organisationalculture fit
Change resistant More personalpriorities
Less careerambitious
Not progressivethinkers
Inflexible in theworkplace
More expensive Toopolitical/focused
on hierarchy
Other (pleasespecify)
Source: 2017 New World Talent Survey, The Lighthouse Company
How confident would you be in hiring a leader from another sector
into your organisation?
2%
10%
23%
38%
27%
0%
10%
20%
30%
40%
1 = not at all 2 3 4 5 = very confident
Source: 2017 New World Talent Survey, The Lighthouse Company
What is most likely to encourage you to hire talent from another sector?
51% 51%
44%
57%
16%
10%
0%
28%
21%
4%
0%
10%
20%
30%
40%
50%
60%
Previousquantifiable
success
Strength ofreputation and
profile
Specific orspecialist skills
Breadth ofperspective
Businessexpansion plans
Lackingavailability of
required talent
Cheaper resource Recommendation To deliberatelyrock the boat
Other (pleasespecify)
Source: 2017 New World Talent Survey, The Lighthouse Company
As business evolves, a clearly articulated purpose, meaning and set of values is
an increasingly important factor for attracting the best talent?
96%
4%
0%
20%
40%
60%
80%
100%
Agree Disagree
Source: 2017 New World Talent Survey, The Lighthouse Company
Thinking about your current business, to what degree do you believe that you
have a clearly articulated purpose, meaning and set of values?
4%
15%
24%
33%
24%
0%
10%
20%
30%
40%
50%
60%
1 = not at all 2 3 4 5 = very clear
Source: 2017 New World Talent Survey, The Lighthouse Company
Which of the following are you truly comfortable talking about at work?
71%
65%
77%
68%
52%
62%
43%
65%
50%
77%
5% 3%
0%
20%
40%
60%
80%
Age Physicalhealth
conditions
Gender Stress Disability Race Religion orbelief
Sexualorientation
Mental health(anxiety /
depression)
Yourrelationshipswith others
None of these Don't know
All employees All managers NWTS leaders
Source: 2017 New World Talent Survey, The Lighthouse Company, Mental Health at Work Report: 3,036 FT/PT UK employees, plus a parallel open public survey of 16,246 individuals, October 2016
Which of the following, if any, have you ever experienced due to work or where
work was a contributing factor?
42%39%
36%
0%
36%
2%
42%
52%49%
25%22%
2%
0%
20%
40%
60%
80%
Psychologicalsymptoms
Behaviouralsymptoms
Physical symptoms Existentialcrisis/purpose
None of the above Prefer not to say
All employees NWTS leaders
Source: 2017 New World Talent Survey, The Lighthouse Company, Mental Health at Work Report: 3,036 FT/PT UK employees, plus a parallel open public survey of 16,246 individuals, October 2016
How would you rate the wellbeing of…
(% scoring excellent/good)
64%70%
43%
66%61%
52% 52%
28%
41% 43%
52%
42%
20%
39% 38%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Physical Mental Spiritual Emotional Overall
Your own Your leadership team Your employees
Source: 2017 New World Talent Survey, The Lighthouse Company
To what extent do you agree with the following statement: “As a
leader/manager, the wellbeing of my employees is my responsibility?”
23%
53%
17%
4%1% 2%
54%
41%
4%1% 0% 0%
0%
20%
40%
60%
80%
Strongly agree Tend to agree Neither Disagree Strongly Stronglydisagree
Don't know
All managers NWTS leaders
Source: 2017 New World Talent Survey, The Lighthouse Company, Mental Health at Work Report: 3,036 FT/PT UK employees, plus a parallel open public survey of 16,246 individuals, October 2016
In your opinion, how well does your organisation support employees who
experience mental health problems?
11%
34%
17%
12%
24%
1%
26%
33%
8% 6%
24%
3%
17%
46%
10%8%
18%
2%
0%
20%
40%
60%
80%
Very well Fairly well Not very well Not at all well Don't know Prefer not to say
All managers All senior executives NWTS leaders
Source: 2017 New World Talent Survey, The Lighthouse Company, Mental Health at Work Report: 3,036 FT/PT UK employees, plus a parallel open public survey of 16,246 individuals, October 2016
How often do you face situations where you have to put the interests of the
organisation above the wellbeing of your team members?
10%
19%
33%
28%
9%
4%
19%
38%
31%
8%
0%
10%
20%
30%
40%
Every day Often Sometimes Rarely Never
All managers NWTS leaders
Source: 2017 New World Talent Survey, The Lighthouse Company, Mental Health at Work Report: 3,036 FT/PT UK employees, plus a parallel open public survey of 16,246 individuals, October 2016
If your organisation could provide you with support in one area of your
wellbeing, which would it be?
23%
47%
6%
24%
0%
10%
20%
30%
40%
50%
Physical Mental Spiritual Emotional
Source: 2017 New World Talent Survey, The Lighthouse Company