How can you find new growth in your business and stay ahead in these rapidly changing times?
Hear from Cathy Doyle, Group Executive HR for Rabobank, Sarah Adam-Gedge, MD Publicis Sapient Australia, Maria Phillips, CFO, Velocity Frequent Flyer and Rich Hirst, Founder, Growth Shrinks as they share their top tips.
Interested in learning more? Check out this video on how CEOs, CFOs and HRDs can best work together.
Transcript
[Rich Hirst]
Change is nothing new, but this speed of change is.
If you think now is fast, buckle your seats because it’s the slowest it’s ever going to be going forward.
2002 Winter Olympics, Steven Bradbury, famously became known around the world as the last man standing.
He went into this race knowing that the opportunity to win, was going to happen in the turns.
It’s the single best time to actually get ahead and seize the opportunity.
[Cathy Doyle]
Often in the turns is a bit of a crisis.
So, I’m a great fan of not wasting a good crisis.
What do we get out of this for our people, for our customers, for a clients?
[Maria Phillips]
Take calculated risks and be afraid to fail.
But learn from your mistakes.
Challenge the status quo and if it leads you on a change agenda just constantly take stock of where you’re going and make sure the path is still relevant.
The problem is, that what I found in my experience, is there’s a strategy on a page and everyone follows it when the world’s moved on, got to evolve it and be prepared to adapt it.
[Sarah Adam-Gedge]
On flawless execution, not everything needs to be perfect.
And I think you have to execute really well with velocity and agility because we want to help our clients, we want to help ourselves move forward.
[Cathy]
We’re in it together.
Don’t waste a good crisis.
Open the communication.
Get the stuff you need in quickly.
That momentum builds resilience, as well, right?
Then you got to work out when to get out of that crisis mode.
‘Cause that hyper work, you can’t stay on resilience the whole time, you’ve got to repair.
Where do we show we care, for our clients and our employees I mean and that is in, knowledge sharing and networks and flexible working and tag team people, a bit like a cycling race.
So, we’re moving hard on this we’re going to have four of you in this group and then you cycle off after two weeks and then the next group comes in.
[Rich]
In a high performance psychology we know that recovery is as important as performance, you can’t perform unless you have time for recovery.
But in the business world, we seem to just think we can run forever and not ever pull up stamps and it’s a real challenge for to build that recovery piece in there and not see it as a negative.
But actually a pathway to progress.
This idea of finding new growth, some interesting research.
Growth, well simple growth as it’s described here, is the thing.
It’s the focus for all CEOs the concern that they have.
[Cathy]
I often see CEOs exception of the panel, obviously that just look for growth at any cost or just keep looking ahead and don’t you know, realize around the culture and the impact or our sustainable growth.
[Sarah]
Is the culture that you’re building, is that really going to sustain whatever it is you’re trying to achieve?
If you want to go fast go by yourself.
If you want to go far you know, bring others with you.
[Maria]
Within any industry it’s about being the best company you can be.
And not necessarily be side-tracked with what’s going on in the industry.
[Sandra Korres]
In the Moir group presentation today on growth, I’m going to take a couple of things back to my workplace.
The first one is progress over perfection.
The other really important thing I’m going to take away is not to use the same people all the time on the same project.
We will burn ourselves out and we need to take time to reset.