The Impactful Executive: Weekly Brief Article
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Head, Heart, and Hustle: The Leadership Cocktail You Didn't Know You Needed
The Three-Part Recipe That's Taking Business Transformations to a 96% Success Rate
Only one in four companies gets this right.
According to BCG, Generative Leaders aspire to make a positive mark on everything they touch. Their leadership style encompasses three fundamental areas: the head, heart, and hands.
Head: Restructure core business strategies to cater holistically to all stakeholders with an emphasis on profit, people, community, and the broader environment. Move away from isolated sustainability measures and towards a more integrated approach."No more ESG off to the side, but focusing at the core on profit, people, community, and planet."
Hands: Promote workplace agility and collaboration. Create “supercharged” teams by leveraging all available skills, technological proficiencies, and internal and external talents.
Heart: Focus on organizational purpose, culture, and commitment to the well-being of employees and their families. Shift leadership from management to stewardship. A practical example of this is offering on-site daycare facilities. "The heart is, unfortunately, the most overlooked. Only one in four companies adequately recognizes it and pay attention to it."
Organizations and leaders implementing these three principles experience a 96% success rate in their transformative efforts (vs. a 30% success rate, which is often cited). "Generative leadership isn't just a good thing to do. It's good for business too."
Generative leadership redefines how leaders should approach their roles in modern organizations and underscores the need for a holistic leadership strategy.
So What: Consider how to balance the three aspects of Generative Leadership in your thoughts and actions: head, hands, and heart.
Source:
Lovich, D. H (2023, August 7). Build for the Future: The Power of the Generative Leader [Video post]. Boston Consulting Group. (Link)