Successful organizations today move decisively with speed and
agility ahead of competitors, according to new research from
Heidrick & Struggles, detailed in a book to debut at site of
World Economic Forum '17
DAVOS, Switzerland,
Jan. 15, 2017 /PRNewswire/ -- In
fast-changing and turbulent times, successful leaders and
organizations move forward quickly while also being able to pivot
adroitly as circumstances change and new opportunities begin to
develop. Heidrick & Struggles (Nasdaq: HSII), a premier
provider of executive search, leadership consulting and culture
shaping worldwide, has developed a research-based methodology,
"Accelerating Performance," to help its clients succeed in today's
volatile operating environments.
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"After a year of unexpected developments in every region of the
world, CEOs will need in 2017 to navigate the ripple effects of
major disruptions plus whatever surprises are ahead for them in
their own sectors," said Colin Price, executive vice president and
managing director – Leadership Consulting for Heidrick &
Struggles. "Disruption creates risk but also opportunity. More than
ever, leaders need to be able to accelerate their organizations to
value ahead of their competitors, both established and newly
emerging."
Price has co-authored a new book, Accelerating
Performance: How Organizations Can Mobilize, Execute, and Transform
with Agility, that will debut at a private event this week as
leaders from all over the globe gather in Davos for the World Economic Forum Annual
Meeting 2017. Heidrick & Struggles has been a Strategic Partner
of the World Economic Forum for 10 years.
"Building on several bodies of research over many years, as well
as extensive new research just completed, we have found that
sustained organizational success requires acceleration," Price
said. He defines acceleration as, "the ability to reduce
time to value by building and changing momentum more quickly than
your competitors can."
The research, along with extensive experience working with
hundreds of companies across geographies and industries, led
Heidrick & Struggles to develop the leadership framework "META"
(mobilize, execute, and transform with agility). These priority
areas demonstrate the attributes and differentiating actions
leaders and organizations must accomplish to build momentum and
achieve acceleration in today's disruptive business
environment.
"Although we began our research project thinking that elite
organizations used a different approach to management than did
lesser performers, we found that relatively successful companies
across the spectrum emphasize the same things," said co-author
Sharon Toye, partner, Heidrick &
Struggles Leadership Consulting. "All want to put the customer
first. All want clarity within the management structure. All want
to innovate. But elite companies are far more effective in
attacking the same set of issues."
The Heidrick & Struggles researchers identified 23 elite
companies within the FT500 that came to be known collectively as
the "super accelerators." These organizations exemplified the
winning behaviors—and avoided the traps—detailed in Accelerating
Performance.
"The majority of competitive differentiation occurs based on an
organization's ability to make sense of changes in its environment
and to act quickly," Price said. "Leaders must act with speed and
agility to exploit new sources of growth as well as to sustain the
sources of today's competitive advantage—in other words, play both
offense and defense with nimble precision."
About Heidrick & Struggles:
Heidrick &
Struggles (Nasdaq: HSII) serves the executive talent and leadership
needs of the world's top organizations as a premier provider of
leadership consulting, culture shaping and senior-level executive
search services. Heidrick & Struggles pioneered the profession
of executive search more than 60 years ago. Today, the firm serves
as a trusted advisor, providing integrated leadership solutions and
helping its clients change the world, one leadership team at a
time. www.heidrick.com.
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