L&D In Action: Winning Strategies from Learning Leaders - Successful Executive Transitions: The RIght Resources, Support and Focus for New C-Suite Leaders
Episode Date: May 7, 2024With the deeper reach--both across the world and into our lives--many companies and their products have, the leaders of these organizations are taking on increasingly complex responsibilites. In fact,... according to globally ranked #1 Executive Coach Navid Nazemian, organizations are up to 35x more complex than they were 15 years ago. And perhaps even more concerning, when it comes to maintaining strong leadership, the cost of a failed CEO transition can be as much as 30x that of the executive's annual salary. This week, Navid joins the show to share his Double Diamond framewoek for maximizing the chances of success during an executive transition.
Transcript
Discussion (0)
You're listening to L&D in Action, winning strategies from learning leaders. This podcast,
presented by Get Abstract, brings together the brightest minds in learning and development
to discuss the best strategies for fostering employee engagement, maximizing potential,
and building a culture of learning in your organization.
This week, my guest is Naveed Nazimian. Naveed is the globally ranked number one executive
coach according to CEO Today in the years 2022 and 2023. Through his firm, he has worked
with leaders transitioning to executive positions at world-renowned organizations including
Coca-Cola, Shell, TikTok, KPMG, and many, many others. Prior to his role as an executive
transition coach, N Navid held HR leadership
positions at Vodafone, Adidas, and GE, experience that has been invaluable as he works directly
with emerging leaders. Through his book, Mastering Executive Transitions, Navid teaches business
leaders his patented double diamond framework for maximizing success with new C-suite leaders.
Let's dive in.
Hello, and welcome to L&D in Action.
I'm your host, Tyler Lay,
and today I'm speaking with Naveed Nazimian.
Naveed, thank you so much for joining me.
I'm really excited to have this conversation with you.
Thank you for the invitation.
I'm looking forward to our conversation.
Most of the existing literature
around executive transitions and how we do those correctly
and how we support them seems to focus on a specific day period. Michael Watkins and the 90 day, the first
90 days, there's a couple others that you cite in your book about a hundred days,
a hundred twenty days, it always seems to be a handful of months. But what you
observe in your writing and in your work seems to be that the process of an
executive transition should be much more flexible and actually equate it to a roller coaster ride, which I found
really funny and really effective analogy, would you mind describing exactly what you
mean by that by the roller coaster ride of an executive transition process?
So first thing is that all these books, the first 90 days, the first hundred days, the
first 120 days, and they all are very similar in the way they have been written, point to the fact that the
first few months after starting in a new role are critical, and I actually agree
with that. But my take is that when you want to transition at the very top of an
organization, first 90-day approaches are nowhere near sufficient to do that
properly.
And so again, I'm a fan of anything that supports a more structured and more mindful,
intentful onboarding, but it just so happens that at the C-suite,
first 90 day approaches are nowhere near sufficient.
And this is why I'm suggesting a 12 to 18 month approach.
And as a matter of fact, when we get to talk about the double diamond framework
later on during our conversation,
the first 90 days is one of the seven phases
that I have embedded in the framework.
So it is just one out of the seven,
and therefore it cannot be the only one
that the executive focuses on.
I wanna point out that you talk about all of these different resources, these prior
pieces of literature from these authors in your book.
And of the 50 or so interviews that I've done, only a handful of authors do what you do,
which is approach this topic of effectively coaching as scientifically as you have done. You cite all of the works regularly
anytime you make a point even if it's just you know talking about a specific
business case you will specifically cite the book from which you took that
business case. You list out the prior works that you're referring to and that
you've learned from and you just approach it like it's it's some sort of
a research
paper or you're doing very serious scientific empirical research here. You have taken this
history of research, a very robust history, you've looked at history that's available
generally sort of in the media, and you've taken your own experience as well and you've turned that
into your education system here. And I just first first of all, want to say that I greatly appreciate that.
So thank you very much.
It was a wonderful read.
Also, you describe this sort of approach that you take, which combines some of these elements
that I'm describing here as the triple lens approach.
I would love if you could describe that in your own words, and then just explain why you think
that's so critical for executive transitions, the success of executive transitions. So first off, thank you for acknowledging the deep research that has gone into this wonderful
book. There were many reasons why it took me seven years to finish this book from start to finish.
And I think a significant part of that is owed to the deep research that I wanted to conduct.
And I really didn't want to write
a memoir or autobiography or sometimes I stumbled upon a book where someone cites their own
experience and tries to come up with a framework so that others are able to repeat that. And
I think it's highly unlikely that one unique individual's experience can be replicable
for anyone really.
I agree.
And so this is one of the reasons why it took me so long to write the book.
And the second reason was that I really wanted this book to be grounded by research,
but also practitioner-led, which is one of the other reasons why I interviewed 20 C-suite leaders as part of this book.
And at the time I conducted those interviews, I didn't exactly know how the framework is
going to look like.
And so what I did was based on the research, based on the groundwork that I have done with
many, many executive leaders and the interviews that I conducted on top, then I could give
birth to what is called the double diamond framework. And so this is just the background history
to how it all came about. But coming back to your second part of the question,
which is the triple lens approach. So I have myself worked and lived in a number
of countries throughout my executive tenure.
And so it was a 26 year journey and I've had the good fortune and pleasure of working with
some of the world's most admired companies.
So I find that that is a lens that I bring to everything that I do, whether it's writing
a book or coaching clients.
So I have what I call the embodied experience
of what it feels like and what it is like
to be an executive leader that is working
in a highly matrix organization
and having to deal with very commercial pressures.
That's the first lens.
The second lens is that after 26 years,
I've spent 20 years working in the HR function.
And again, working in the HR function. And
again, working in the people function naturally means that I
am getting involved in these exercises, whether it's
leadership development, whether it's executive hiring, whether
it's succession planning. So I have a very different lens to
this than if I had been the marketing director or the finance
director, going through the exact same journey as an an executive just in a different function. So that's
the second lens. And then the third lens that I bring to this topic is the fact
that I have been formally coaching for 12 years now and again it takes a
different lens and a different approach to coach executives through their
various transitions and so that is my kind of idea of the triple lens, which by the way was gifted to me by one of
my coaching clients at some point.
I see this as incredibly valuable because of that roller coaster idea that I opened
up with and that you describe in the book as well. It seems abundantly clear having
read the case studies and honestly having kind of kept an eye on the media myself
for the past, I don't know, five or six years
as we've had such chaos in the business world.
It seems very clear that great flexibility is needed
when organizations are making major changes
and seeking big time innovation to secure the future.
It seems as if in reality, an executive transition,
and I think you're observing this in the book,
that's a broad term to describe what is actually
a much more complex process that involves,
as some of the authors that you cite,
they use terms like arriving, surviving, and thriving.
There's the period before the transition before you actually
make that role switch. And then there's a period after where you come in, you sort of get settled,
and then you set the long term goals. And then, you know, into the deeper future, the things that a
leader, especially a CEO is doing, you know, that carries for, as you said, you know, 12 to 18 months,
up to two years, that sort of thing as well. I want to ask you, what is
generally top of mind for executives in transition that you've experienced as a coach? And then what
should be top of mind for executives in transition to make sure that they're going through that
process in the right sort of that roller coaster ride in the most flexible way possible that will
lead to success? So in my book, I speak about exponentially challenged executives that find themselves
in what we call a pony crisis. You know, if you just reflect back over the last five years,
I worked with a CEO of one of the large industrial businesses and the business decided to carve out that entire business unit and do an IPO.
And whilst everything looked fantastic at the outset, that IPO never happened. It actually
hasn't happened yet. The first time they geared up for the IPO, there was a shortage of CPUs in the
market. And that meant that because this is a business that's highly dependent on those CPUs, they couldn't really
risk and go public.
And the second time after the CPU shortage was overcome,
the war, the geopolitical tension between Russia
and Ukraine broke out.
And so again, that was, again, a point
that the financial markets are quite
ready to fund and value
the business in the range that they would have considered to be fair value for the business.
And so that is just one example, but we could add 10 more examples like this, whether it's
complexity. I'm citing a professor in my book that has been looking at organizational
complexity and how it has grown over the last 15 years. And the organizational complexity
has grown by a factor of 35 over that time period.
Yeah, that blew my mind when I read that in the book.
It is 35 times more complicated to run a business today than it was 15 years ago. When I look at other things like
what is the span of control for a typical group CEO. At my early
stages in HR used to work for a company called Adidas or Adidas
as they say in the US. The group CEO had six direct reports,
that was it. In my last company Vodafone, an international telecommunication company,
the group CEO had 12 direct reports. And so that gives you an appreciation for what is
the range of the topics that the CEO gets dragged into and obviously every one of these 12 direct
reports will want to have a portion of the time of the group CEO and so
whether it's that or whether we look at things like the increased demands of
those group you know CEOs or C-11 leaders in general, you know gone are
the times where the group CEO had six or seven main KPIs to deliver against.
Today, it's pretty common to have 25 to 40 KPIs in any one C-level leaders performance document.
And so, any one of these challenges would be substantial in their own right.
But what is the reality is that they are coming at the exec at the same time.
And so the kind of topics that executives are struggling with is, especially when they're
going through a transition, is things like if they're externally hired, will I be able
to adjust to the new organization?
Will I be able to gather a large following?
Will I be able to work with, if it's a group CEO,
the board of directors and the chairman,
will I be able to put in place
what's being asked of me to do and deliver on?
And so these are just some of those early worries
or concerns that are on the executive's mind.
And even if they have been internally promoted,
again, just because they have received a big promotion,
that doesn't mean that the expectation levels
are going to drop.
It's actually quite the contrary.
So the expectation levels will be adjusted
as per the appointed level.
And so it's kind of a very, very delicate
and very vulnerable period in which executives
will find themselves into.
Personally, I would even add to this list of challenges, you know, direct media
scrutiny on executives, on these folks, because I, you know, at least since I've
been aware of how business works, it seems as if the public, you know,
especially through social media, has been especially critical of business leaders
and those who are at the top of,
especially in big tech and the companies
that essentially impact all of our lives.
Those who distribute our devices
and the things that we use on a daily basis,
there's plenty of observation and criticism
of the folks that are in charge of those companies.
So, from your perspective, as somebody who's been close to these folks,
where do they need to start focusing their attention when a transition begins?
Can you even answer that question?
I guess is a better question.
But there are so many things to focus on.
I'm sure it depends on the timing, the industry that they're in,
obviously the business needs.
But can you give any sort of a framework as to
where a leader in transition coming into that position
should at least frame how they're focusing their attention
in these extra crazy times?
Sure, so first off, I fully agree with you.
And this is one of the reasons when I start working
with execs who are going through a transition,
my go-to tool is the Hogan assessment. And the reason
I am such a big fan of the Hogan assessment is because it measures
reputation, and not the identity of the leader. And I find the
reputation angle very, very, very telling and important. Now,
and you can, you know, look at the reputation of an
organization, I think, if I were to cite just one example, a recent example, Disney, where they have
had a very spectacular transition failure.
The very top, someone named Bob, who succeeded the other Bob after 26 years of being groomed
for the top job and after about 10 months.
And so again, it's just one of the many examples where we see major, major
organizations, a safe for our fans, arguably the best choice
at the time available, made and then they failed. And I think
part of that is due to what you call, you know, the reputation
and kind of the downside risk of being a public figure, whether
people like to admit it or not. Now, the way I deal with this is and of course, I'm not a PR expert and not a public figure, whether people like to admit it or not. Now, the way I deal with this is, and of course, I'm not a PR expert and not a public affairs
guru.
One of the exercises I conduct with the executives in transition is a framework that I use from
DDI.
And the framework looks at how, after a creative transition, the executive needs to reflect and apply, potentially apply
a new mix of skills and activities in the new role.
And so if I were to use that in my own little example here, so in my last position at Vodafone,
I was the global head of HR, and I partnered with our group, CFO.
And so that means that I had people responsibility for 27,000 employees
scattered across 24 markets. Now, I was not the CHRO. And, you know, if I look at the
matrix, as in how much time did I spend on core activities, two activities I'm going
to mention to you, Tyler, made up roughly two-thirds of my total time invested.
And so the first one was getting work done through others.
And the second activity was engaging and inspiring employees.
And the first one was due to the fact that I was a manager of managers.
So that means that I'm not supposed to get involved in the nitty-gritty and the full
operational detail of the job.
The second one is, of course,
as the global head of HR partnering with the finance function, they need a lot of engagement
and inspirational engagement with their people. Now, if I were to be appointed CHR of the
same organization, suddenly the orange and the yellow part, that is the beautiful matrix
I'm describing to you and to the listeners, becomes almost insignificant. So the combination of these
two becomes less than 5% of my total time. But suddenly, three new activities
take up two-thirds of my time. These are managing high-risk decisions, navigating
organizational politics, and representing the corporate line to internal and external stakeholders. And so you see how sometimes inherently what has made us
successful, we would want to just repeat doing that because arguably that very
same thing got us into that seat, got us there the world deserve promotion. But
the reality is as my fellow coach Marshall Goldsmith says it brilliantly, what got you
here won't get you there.
And this is one of the activities that we conduct with the coachee to sit down and having
a reflection and a conversation around how they might be needing to apply a new mix of
skills and activities in the new position, which may or may not coincide with what they
have been doing so far.
In the book, you discuss at length how new leaders, transitioning executives, should engage with stakeholders,
how they should engage with direct line leaders, those from the previous position and those from the new position,
and other resources that are available for
them.
So before we go on, I want to talk about a few more case studies briefly and then sort
of dive into the nitty gritty of the sort of sub-transition types.
I do just want to ask you how you frame the resources that are available to transitioning
executives, whether that's the people and the leaders that should kind of be supporting
them through that process and what else should be that should be supporting them through that process
and what else should be given to them or brought into that process of transition.
Yes. So first off, if the organization is keen to support the executive in transition,
which is something that I would highly recommend them to do.
I speak about the golden thread, and the reason I speak about the golden thread and not the
red thread is because everything is golden about transitions in my book, including the cover. And so the golden
thread means that there are three individual players that all need to play a role in order
for the executive to transition successfully. First off, and foremost, it's the executive leader
themselves. It's the way they approach the transition, it's the time they invest in this upcoming transition, it's the energy they bring to the transition and it's the way they shape
you know people around them. The second player is the organization slash the HR function. Typically
HR is the owner of this process. Now I have worked for some of the most admired companies on the planet and whilst they
had some of them had fantastic onboarding programs for the general public, so for the general
population, as soon as you stepped into the c-suite there was nothing to be administered or applied
because there's this inherent belief for some reason that if you go and hire the very best executive leaders,
they have everything they need to succeed and there's no more support required, which we know is a myth.
And so that is the second stakeholder that needs to play a role.
And then the third one is the board of directors.
If you think about what is the core remit of any board of directors,
it starts with appointing and potentially firing
the CEO. And again, you know, wanting the CEO to not just to be hired, but to succeed as and when
they are hired is a responsibility that falls on the shoulder of the board, and more importantly,
more prominently on the chair, chairman or chairwoman. And so these are just three pointers
chair, chairman or chairwoman. And so these are just three pointers that are, you know, needing to be aligned so that the likelihood of the executive leader succeeding is amplified
and the risk of the failure is being minimized at the same time.
So I mentioned before, there are a series of transitions within the greater transition.
I believe it's Michael Watkins who you take the sort of primary eight from. I want to talk about those a little bit you actually I don't know if you add some your own in the chapters later in the book as well or if you have kind of adopted those as well but we'll get into those.
of these in your book as well. But you know, back in the day of GE, Jack Welch choosing Jeff Immelt and you know, there was three people that were kind of up for promotion there. And it was
this big thing, very public. And that to me was kind of like, you know, the diplomacy challenge
played out as reality TV almost we've seen in plenty of cases with big tech folks that are sort of working on
the like realignment or culture focused transitions, especially when you see the sort of, you know,
bro culture as it's been described of like Uber or WeWork or whatever those businesses
were that had big problems with their leadership that kind of came out in a really ugly way
in the media. You have somebody that comes in and they're dealing with demonstrating to the public that
it's actually not that bad or just fixing it and then demonstrating to the public that
it's actually not that bad.
In those cases, it's pretty clear what has to be done, I think, off the bat of that transition.
In those cases, I think it probably disrupts the processes that you're describing here
because you've got to get somebody in quick. cases, I think it probably disrupts the processes processes that you're describing here, because
you got to get somebody in quick. They got to demonstrate really fast that they're not
toxic and that they're doing things right. But at the end of the day, these challenges,
they they kind of all exist because of, you know, the whole array of challenges, especially
at big companies, probably all exist simultaneously, just because of the nature of big business
right now, and how rapidly technology advancing and and what all these companies are
considering doing for the deeper future so
With those things aside that we've seen in the media even though they're exciting and we will talk about them
We have talked about them. What tends to be of those sort of eight sub transitions
What tends to be the ones that are either, you know, most common, most impactful, maybe early on, or most important imperative to focus on from the start?
Yes. So first off, Michael Watkins in his book, Marcio Next Move, cites eight key transition types that I pick as challenges and describe them. But I've added additional four. And one of the more tricky ones
is a cross-functional move, which is, you know, I moved from sales to HR and boy, that was anything
but a smooth transition for me personally. And I think for anyone else doing that, they are likely
to face something very similar. And I think it's fair to say that just because I spent six
years working in sales and then moving into an entry level
position into HR, nobody gave me any cookie points for having
spent six years in sales.
I had to perform from day one like anyone else who had studied
HR and was kind of an HR junior at the same time.
And so I think
there are multiple of these challenges that can come your way. Rather than
picking out one or two where I believe these are crucial, I think you know the
one insight I want to share is the fact that one single appointment can lead to
a multiple stacking of these transitions at the same time. And that is
what is the actual tricky part of the transition. So if I use my own example, I
used to work for a fast-moving consumer goods company called BAT, and I was
headhunted to come and work for another organization called Roche. The challenges
that I faced as part of that one appointment where the new organization
challenged, so Roche was a new company to me and as a matter of fact a new industry and pharmaceutical industry
is an industry I never worked in before. The second one was the big promotion challenge.
I went from being a regional head of HR to becoming a global HR head. The third challenge
that I faced was that I moved from a regional role into the global head
office of a large multinational company. And I think it's fair to say that each time you get
closer to the center of gravity and the power of the organization, you should expect heightened
level of politics or as Michael Watkins kindly puts it, corporate diplomacy challenges.
The fourth challenge that I faced
was the international move challenge, which again, you know, some would say, well, you
move from Germany to the German speaking part of Switzerland. But I would say it would be
the same time if you were getting a promotion to work in Glasgow tomorrow, which technically
is an English speaking place. But I think, you I think between New York City and Glasgow,
there is a different cultural challenge that may well come in the way.
Happen to love Scotland, so I hope that I would thrive in that scenario, but do get
your point very much.
Yes.
And then the last challenge I was faced with was one that I don't see Michael Watkins talking
about, was the fact that the role that I don't see Michael Watkins talking about was the
fact that the role that I stepped into was newly created. And that meant that as and
as and when I stepped into that position, I had to work with some of the most senior
peers of mine to give to me what was supposed to be my new remit. And I think it's fair
to say that some of them just wouldn't have any of that
and so you know you can imagine how I have to overcome five transition challenges at the same
time although technically I was just moving from one company to another. So speaking of stepping
into a new role I would almost make the argument that any leader stepping into a high-up position
right now is more or less stepping
into a new role just because of what we're dealing with
in terms of artificial intelligence and the next phase
of the fourth industrial revolution in technology.
You make it abundantly clear that a failure
to transition executives well has a huge, huge downside.
And again, we've all kind of seen this play out publicly
in some cases in the media,
but you give plenty of direct financial evidence
that this is bad, losses of millions,
missing financial goals.
There's the reputational damage
that comes with a failure like this
that not only kind of harms the company,
like I said, in the media eye,
but also probably makes it subsequently harder
to get somebody into that position and succeed,
just because now there's even more pressure on it.
I would also say that the loss of time
of having somebody who's making concrete decisions,
whether they're good decisions or not,
but the loss of time of somebody who's making
strong-minded concrete decisions,
who's pushing a company forward at this point in time
when making big plays technologically and, you know, surveying the land of AI and how that can
alter your business and help secure the future. Like I said earlier, future proof things, the loss
of time with a failed executive over the period of six, 18 months, you know, two years, four years
can really set you back in your industry.
And I wonder if there's going to be cases like the fall off of GE among big tech big
tech companies now just simply because of, you know, sort of executive transitions going
poorly and not making strong moves in the world of technology.
Do you agree with that?
Do you see that as being a particular issue at this point in time?
Absolutely.
I mean, when I started to do the initial research for my book and I stumbled upon the 40% failure rate
I thought of it to be a typo
I couldn't believe that four out of ten executives don't make it now
I cite five independent studies that all come to very similar if not the exact same conclusion and
The most validated one that I use in the book is the work that Hydrogen Struggles did.
So Hydrogen Struggles, for those that don't know them, is one of the largest
search firms on the planet. And they had done over 20,000 executive placements
over a 10-year time period, of which 40% were not around anymore 18 months
after they were appointed. And so obviously excluded from this is any promotions. And so,
you know, if that is the case, and Harvard Business Review comes to a very similar conclusion,
McKinsey comes to a very similar conclusion, Genesis Advisors comes to a very similar conclusion, Genesis advises comes to a very similar conclusion. That then brings us to
the question of how can this be? What are the top reasons for executive transition failure?
Next to some of the reasons we discussed, which is related to the exponential challenges
that leaders are faced with, and the pulley crisis they find themselves into. If I wanted
to aggregate the top three reasons for failure, there would be people, culture and politics. So that
means, in other words, this is what HR has been preaching for over two decades now,
it's the soft skills that is getting in the way and not necessarily the technical
or the functional or the lack of those that is getting in the way of the
executive churning. And again, there are multiple studies that are cited in my book.
One of them was done by
Stolart and Wyckoff that puts a direct cost of failure to CEO exits in the
range of $12 to $52 million, depending on the size of the organization.
There's another one that talks about a dollar number as well, but my simple
formula is that executive transitions are likely to cost the organization roughly 30
times the cost of the executive salary in a year.
It's huge.
And so, you know, if that executive is paid a million dollar a year, the total package
is a $1 million package. That is a cost of roughly $30 million that
the company is looking at as and when the executive is failing. And so I make a very
compelling business case for why this is a worthwhile investment and not a nice to have.
So speaking of those three categories of failure, people, culture, and politics, you actually
give 10 different reasons, you know, the major reasons for the failures in those transitions.
I would like to pick out one or two of those if you don't mind and chat about those.
I would like to almost propose my own addition there. Maybe not addition, but reframing of maybe one of them.
It feels as if there's sort of an EQ and emotional intelligence disequilibrium that takes place somewhat frequently in these 10 and
in the cases that we've seen publicly that results in a transition failure. And by that, I mean,
you have like a temperament mismatch is one of them that you describe, just kind of, you know,
lacking the emotional intelligence to sort of be in that position. There just seems to be a handful of those that whether it's the fault of or you know the onus of the
individual transitioning or you know the company itself and the people that are
supporting that transition there seems to be some sort of emotional
disequilibrium and you know a mismatch there of some sort. I'd like to address
you know those sorts of failures and if you can offer some insights as to
which interventions are maybe best in those cases, or how to,
you know, cut sort of cut that off at the head.
Sure. And I fully agree with what you said around the EQ, it
just so happens that unfortunately, I do not have
that data available to me. This is why I don't cite it as one of
the validated reasons for failure. So
if more and more leaders were kind enough to share their EQ reports, then we would probably be able to
draw some conclusions between their failure rate and their low levels of EQ. But to cite a concrete
example, and again, just to be completely clear, I do not know this gentleman. All I know about him is through
media and publicly available information. So the name of the gentleman is Dr.
Lea Apoteca, who was appointed as Group CEO to Hewlett Packard. He was
brought in with a hoopla and the big mandate by the board of
directors. The board of directors at the time wanted HP to be more like Google, more like Apple,
more like Amazon.
They wanted the HP culture to evolve from what had been arguably a very successful organization.
I mean, HP for most of my lifetime has been a champion in their own rights.
Whether, you know, it started with printing, it later moved to servers, and then moved into software solutions.
But HP has been a fairly successful company,
if you think of it.
Now, what happened with this gentleman
is he barely lasted 10 months,
and he was fired after that time period,
and the company had to pay him $7.2 million severance package. But essentially what happened was that he came in from a
different organization called SAP, another tech player, and the board of
directors gave him the mandate to change that company culture around. But I guess
you could call it the lack of EQ or low levels of that. But I guess what
happened was that when he started to
tour the world and meet with HP employees, he had all these big old hands all around
the world, he met with key suppliers, key customers and so on. This was supposed to
be what is called a listening tour, but it turned into a preaching tour. So what this
gentleman did was to go around,
I mean, just imagine this is his first week,
his first two weeks, three weeks,
into the new organization.
And all he had to say is about all the things
that are not working in this current organization
and why they need to change
and how much they need to move towards the likes of SAP
and other companies that he has been working for successfully.
And I think this is a big mistake, obviously, A, because even though the board of directors brought him with that mandate into the company,
I talk in my book about the right to earn the right to bring about culture change. And to earn the right to bring about culture change means that you need to spend,
I don't know, maybe six months or so at least to learn about what the organizational culture is
like, what from those cultural traits you want to preserve and maintain, and which new traits and
behaviors do you want to bring about in the new culture that you would like to establish. And so
this is really something that went horribly wrong and
probably one of the main reasons why he was fired, because nobody really liked him and nobody really
wanted to be on the journey with him. But I think, you know, if we were to kind of, you know, rewind
this case and think of the company supporting him with a transition coach and the HR person being a
good confidant of his that he would listen to. We would go about to do the
exact same thing. We would do the actual listening tour, which means
listen more than speak. Stop, you know, heroically talking about your
previous company because you're now in a new organization and you need
to listen to learn about them. And just, you know, on the back end of the tour,
let's say after three months or so,
you then come back to everyone in a large global communication
by saying, what is it that you have heard?
What are the traits and behaviors and qualities
that you would like to continue and maintain and bring forward?
And what are one or two things you want to change
and this is based on everything you have heard.
Now you see how sometimes that is a much better case
to build a coalition of allies and supporters
towards bringing about the exact same change
that you wanted to bring about,
but the way the how you go about it is different
as well as the action part. I'd like to take this time now to kind of open up the floor to you to help those HR folks out there that are listening
With this process so you put forward the double diamond framework
There is a few different components to this the five C's the diamond acronym as well
It's a robust framework and it puts all this together in a really actionable
plan. So if you don't mind, I'd love to just give you the floor and have you explain that to our
listeners. So first off, it's a seven phase framework. And because I don't know about you,
Tyler, but I can never remember anything more than three things at any point in time. So
it's seven phases. And if you look at the first letter of each phase and add them all up,
they amount to the word diamond. So that's my way of being able to remember what the different
phases are. So the first phase is called this cover. This is your day minus 90 to day zero.
And again, it never occurred to me why it would be a good idea to start to do anything until it's your first day on the job and then finish and drop the ball on day 90,
which is what the first 90 days and all the other books are suggesting.
So again, I think there are very concrete things how an executive leader can prepare themselves for the upcoming transition.
Oftentimes they're even announced and they have signed their agreements and so on. Which means that they
can be shared with, you know, confidential information about the new company, about maybe
minutes of the executive board meetings and so on. So there are concrete ways how the executive
leader can start to engage with the new position, although technically they haven't started performing in the role yet. The second phase
is called immerse. This is your typical day one to day 90. And again, as I said, I think
any application, anything that's structuring the onboarding process for anyone is a good
thing. And of course, there are very concrete things that the executive can do during the
first 90 days. That brings us to
the third phase called ADAPT. This is your day 91 to day 120. So this is your fourth
month into the transition. And here you need to start to think about, okay, if I'm Leo
Apotheca, I've learned all about the HP culture, I've learned about what's made this company successful. I
know everything about what great leadership looks like in this firm and I
also want to bring about some changes which brings me to the phase four. This
is called Mobilize. This is your month four to six where I need to start to
bring about some initial change. I need to start to show to the
organization that this is the new direction of travel and these are the
three incredible reasons why I believe we should all be moving into this
direction from where we are to where we would like to get to. And that brings us
to the fifth phase called operate. This is your month, sixth month, nine,
where you need to start to actually demonstrate that what you have said
initially is actually worthwhile to be pursued. And this is the phase where you
also need unless you're the group CEO, you need to start to generate buy in from
this neighboring function. So let's say, if I'm the marketing director, and I
want to bring about a new product or a new service, I need to make sure that I got finance on the journey
with me. I need to make sure that I need to liaise with the technology function because
ultimately they are going to build the product for me. And so this is where I need to start
to impact sideways and not necessarily upwards or downwards all the time. And that brings us to the sixth phase, which is called nourish.
And I have to use the dictionary to find a word that starts with N, that replicates what
I wanted to say in this phase.
This is your month nine to month 12.
And the nourish phase is where even the strongest opponents of my appointment and my suggestions and
recommended actions now are getting to see that it is the right course of
action. Let's say and I cite the example of Hannah Sammitsreiter who came to
Vodafone Germany and Vodafone Germany has had at the time he joined for
something about three to four years declining market share. And so, you
know, when he came in, he brought about all these big ideas and I think about
half the organization didn't quite believe that what he's suggesting is
worthwhile. But after they saw, after about, you know, nine months of Hannes
being around, that actually the market share is starting to pick up and that
the RPU, which is the average revenue pair per user is going up, that the profitability of the business is increasing.
This is your first low-hanging fruit or first results demonstrating to the rest of the organization
that it is worthwhile.
This guy knows, this woman knows what he or she is doing.
And that concludes the six phases.
And the seventh phase and the first phase are the ones that are oftentimes skipped by
leaders because they don't quite believe that they are as important as the rest.
And the seventh phase is called develop.
This is where the executive leader and the transition coach will sit down after the successful
transition and reflect on how the journey evolved, what
were some of the surprises that they didn't expect that they had to overcome on the way,
and what are one or two things that the executive leader is going to apply next time they're
going to a transition.
So this is the, you know, what I call the vertical learning element of being in the
trenches, learning how to do things, sometimes making mistakes and learning from those,
but sitting down and reflecting and capturing those learnings so that next time
they go through a transition again,
they do not repeat the mistakes that they made as part of this one transition.
And that is the shortest way I can describe the double diamond framework to you
or to anyone else.
It's I think six minutes now.
Fantastic. Thank you so much.
I'm glad that you finished that with develop the final D because you're talking about reflection there.
And in my last episode of this podcast, it was our annual one year anniversary.
And I decided to do a solo episode on the topic of reflection and how
unfortunately in all facets of life but also learning at work and you know in cases of
promotion and in cases of transition we tend not to reflect and I feel very strongly and the evidence
seems to show that we lose a lot of what we learn and we don't grow as successfully because we simply
do not reflect so I appreciate that capping it off there as well.
I also, I would like to maybe just ask
as our final question about the five C's
that you also embed in the diamond framework,
in the double diamond framework,
context, culture, commitment, circles of influence,
power, et cetera, and confidence.
The context, we've talked about a good amount,
I think already, and how impactful that is.
That's incredibly important.
But my question in an overarching sense is how do we implement these five Cs throughout
this seven step framework that you've just laid out?
Yes.
So first off, anyone who wants to buy the book, if they buy the paperback or the hardcover
edition, they will get the actual workbook, which means it's a 31-page document
where they can apply the Double Diamond Framework to their own transition.
Or if they work in the HR function, they can use it to work with the leader that they're
supporting to help them go into those seven phases.
And so the application of this is quite simply, you know, at each stage and before the transition is upcoming, the leader
will take some time to sit down and think about when we use the example of context,
which is one of the five Cs cited in this example. And by context, we, you know, it's
arguably the most important C of all, because it touches upon the circumstances of the organization, the competition, the landscape, the
government and the society. And so the executive is invited to sit down and
reflect on what is the context of this position of this organization that
they are stepping into. I described to them what are the typical activities
that I have observed happening during this phase.
And then we talk about how they might want to emphasize some of the elements in this
particular scene.
And so again, what may be applicable to Tyler and his transitioning into this new role and
into this new organization may not necessarily be the same as Nabeel going through a different
kind of transition in a different kind of organization.
But it's the combination of the five Cs that really helps to de-risk the transition and help the leader to hit the ground running more quickly and more productively.
And again, there are three studies that I cite how working with an executive transition coach helps executive leader to shorten what is called the time to productivity
By what 50% or more and so again every one of these levers and every one of these
frameworks is really there with the intent to the risk the transition and to give a neck up to the executive and help to
Help them to succeed more more quickly. I didn't realize that there was a workbook with the primary book as well, so that's wonderful.
Mastering Executive Transitions is the name of the book.
Naveed, is there any other way that you'd like to promote yourself?
How can people learn more about you?
Where can they find you on the internet?
I am very active on LinkedIn.
One of the top voices on LinkedIn, I post once or twice a week.
I feel very passionate about thought leadership
and more importantly,
practically implementable thought leadership advice.
So I would welcome anyone to reach out to me.
I'm very friendly.
I connect and manage my inbox myself.
So I think that's the best probably starting point
to reach out and connect with you.
Wonderful.
Well, thank you so much for joining me today.
I really enjoyed our conversation
and for everybody listening at home,
thanks for joining us as well.
We will catch you on the next episode.
Cheers.
You've been listening to L&D in Action,
a show from Get Abstract.
Subscribe to the show and your favorite podcast player
to make sure you never miss an episode. And don't forget to give us a rating, leave a comment, and share the
episodes you love. Help us keep delivering the conversations that turn learning into action.
Until next time.