Professional Documents
Culture Documents
man of the people. He is known for championing middle class Americans through one
of our nations most challenging periods, the Great Depression. Through his
implementation of New Deal programs, Roosevelt gave countless citizens the
opportunity for employment in a seemingly hopeless situation. His dedication to
inspiring the American people through his radio broadcasted Fireside Chats kept
morale high in times of crisis, and let the American people know that someone was
supporting them and looking out for their best interests. While confidence is
important in a position of power, FDR understood that true confidence comes from
Servant Leadership. In one of his most famous quotes, he states, Confidence thrives
on honesty, on honor, on the sacredness of obligations, on faithful protection and on
unselfish performance. Without them it cannot live.
c. Example:
While many people typically assume that people in positions of authority are working
in our best interests as Roosevelt did, it is too often the opposite. In order to
understand how essential Servant Leadership is, take these examples as cautionary
tales of what happens in the absence of service and the presence of greed and
deception.
a. The Watergate Scandal of 1972
This occurred as a result of President Nixon and his administration attempting to
cover up a break-in at the Democratic National Committee headquarters.
b. Enron
An energy company that used loopholes in accounting and financial reporting to
hide billions of dollars in debt from failed deals and projects, eventually leading
to the dissolution of its auditor, Arthur Andersen.
c. Bernie Madoff
His successful Wall Street investment firm was a massive Ponzi scheme and was
arrested by the FBI.
d. Ethics in Business
Mahatma Gandhi famously said that seven things will destroy us: Wealth without
work, pleasure without conscience, knowledge without character, science without
humanity, religion without sacrifice, politics without principle, and business without
ethics. As exemplified by countless business and political scandals, Gandhis
prediction was spot-on. In order to be successful, morality within business is
essential.
3. Goals Associated with Becoming A Strategic Partner
Servant Leadership is the foundation of becoming a Strategic Partner, but there are also
several goals directly associated with this model. The diagram below outlines these
specific goals and the focus areas of each:
The major reason for success in life is a certain attitude. This is where
Banfield develops the theory of long time perspective. People who have
long time perspective. Essentially, Banfield discovered that people of all
different backgrounds can be successful; a persons actions are more
indicative of success. His findings refuted his original hypothesis.
c. Controversy
The Unheavenly City was a controversial novel at the time it was published.
Banfields theory and its application to those who are in poverty sparked much
debate in the political arena. Banfield believed that government aid to the poor
generally served those who were giving the aid instead of those receiving it. He
argued that many of the programs President Roosevelt and Johnson initiated
through the New Deal and Great Society actually hurt those who are poor because
they didnt have long time perspective and therefore were unable to effectively
utilize the aid they were given.
3. Banfields Theory- Time Perspective
The theory of time perspective is the central theory that The Unheavenly City" revolves
around. Time perspective defines the degree to which a person projects into the future
while they are making decisions in the present. It also includes the ability for an
individual to equate present actions with future gain or loss. Time perspective is a
spectrum. On one end lies short time perspective, and on the other lies long time
perspective. A person can have any varying degree of time perspective on this spectrum.
Someone who has short time perspective lives in the moment and does not think about
how his actions will impact his future. On the other hand, someone who has long time
perspective is constantly thinking about the future and how his actions today will impact
him in the future.
a. Long Time Perspective
Of the two types of time perspective, long time perspective has more of a positive
impact on individuals lives. Having long time perspective is the greatest indicator
of success according to Banfields theory. Banfield notes that the more time in the
future a person takes into consideration when planning, making decisions, and
acting then the more likely success is.
Long time perspective is essential when setting priorities. Those who have long
time perspective are able to understand that a short term sacrifice may result in a
long term gain. This is crucial when setting priorities. Banfields theory clearly
states that things that will benefit individuals in the long term should have higher
priority over things that are short term benefits.
4. Relating Banfields Theory to the Strategic Partner Leadership Model
Banfields theory of long time perspective has clear applications to the Strategic Partner
Leadership Model. In this time period, there are a lack of Strategic Partners. Many people
in the workforce are missing key skills that are necessary to the growth and development
of our economy. While in the short term, the economy can survive; after the current
workforce retires, the economy will greatly suffer. Individuals need to learn how to
achieve their goal of becoming a Strategic Partner, and implementing long time
perspective is one of the most effective methods of doing so.
a. Why is there a lack of Strategic Partners in the workforce?
Over time, society has become more focused on short term gain. It is much easier
for someone to manage his life when long term goals arent being considered
when making decisions. Individuals are lacking when it comes to a focus on their
Career Destination. According to a University of Scranton study, only 8% of
individuals accomplish their New Years Resolution. So many Americans cant
even accomplish their short term goals, how can they be expected to set and
achieve long term ones?
b. How can long term perspective be applied to the Strategic Partner Leadership
Model?
There are many steps that one can take to achieve success through the application
of long term perspective to the Strategic Partner Leadership Model.
a. Ultimate Career Goal
The first step in utilizing the long time perspective is goal setting. An
individual needs to set their ultimate career goalthis should be a goal
that is reasonable, but will still stretch the individual.
i. Example:
In an accounting firm, the ultimate career goal of an individual is
generally to make Partner. This signals one of the chief
accomplishments within the field.
ii. Example:
Franklin Delano Roosevelt had the ultimate career goal of
becoming President of the United States. He discovered this was
his career goal throughout his young adult life.
b. Smaller Goals that Lead to the Ultimate Career Goal
The second step in utilizing long term perspective is setting smaller goals.
By breaking down the larger goal, it makes the enormous task much more
manageable. To do so, a person should ask himself: Where do I wish to
be in 5 years? 10 years? 15 years? While doing so, a person should keep
in mind the types of experience he wishes to gain from each of the smaller
goals. Gaining skills outside a persons area of expertise will make them
more rounded, and therefore make them a better Strategic Partner. The
below diagram displays how to set these goals:
i. Example:
Within a company, looking at positions that are launching points to
get to the desired career goal are smaller steps that lead to those
goals. For an accountant, it may be beneficial for them to move up
within a company not only vertically but laterally. Getting
experience in other positions can help develop crucial skills needed
to become a partner.
ii. Example:
Ronald Reagan set his sights on the White House long before his
political career began. In order to achieve this goal, he set much
smaller goals that would give him skills to serve him well during
the presidency. He played three varsity sports in college, was
elected class president, became an actor, and was elected governor.
c. Day to Day Actions
The final step in utilizing long term perspective is making day to day
decisions that will help in the achievement of the long-term goal.
Individuals should ask themselves: How will what I am doing today
move me toward becoming a Strategic Partner? These day to day
activities form habits. Individuals with good habits are the ones who are
the most successful. Daily discipline is key in the achievement of goals.
The below diagram displays how individuals should approach day to day
activities:
i.
Example:
Day to
day
decisions
within a
company
can make
or break a
person in
their
quest to
become a
Strategic
Partner.
This is where a person can develop the specific competencies
outlined in the Strategic Partner Leadership Proposition.
ii. Example:
Eleanor Roosevelt attended finishing school during her teen years.
Learning etiquette and how one should conduct herself during
interactions with others was a day to day habit that would pay off
in the long run when she achieved her long term goal of promoting
change in the world.
III. The Strategic Partner Value Proposition
In order for employees to take that next step in their career and truly become successful in
their lives, they must be able to exhibit the key variables of what it means to become a
strategic partner in the world. These key variables include personal credibility, oral
presentation manner and style, managing around time, business knowledge, marketplace
eminence and effectively leading others. These key concepts help distinguish the very best,
and help create a balanced approach in life that will allow you to be assertive, productive,
and a pioneer for whatever company you may work for.
1. Personal Credibility: The core competency is essential for every strategic partner, and can
be seen through the traits of self-image, presence, interpersonal skills, awareness,
professionalism, and presentation style.
a. Self-Image
One of the most important qualities that any individual can have in any aspect of
life is personal credibility. In a book called How the Best Leaders Build Trust
by Stephen Covey he states that 51% of employees dont trust senior management
and 72% of employees dont believe that their CEOs are credible sources of
information. How are you supposed to be effective as a company, when your own
employees dont trust in your credibility and trust? This is why it is important for
individuals to exert themselves and create a self-image and integrity that others
believe in.
i. Perception Becomes Reality
Your perception as a human being truly becomes a reality to that others
see in you. It only takes one event to completely destroy your self-image
and lose all reputation that you may have.
1. Example:
When FDR was President, he knew that during hard economic
times, Pearl Harbor and WWII, America needed a President that
appeared strong to the rest of the world. Thus, though he has polio
and wasnt able to walk, he hide his disease from the public so that
others wouldnt perceive America or his leadership as being weak.
2. Reality
For better or for worst, perception means everything in the
business world, and strategic partners need to work on this every
day and looking deeper on how they communicate and interact
with others. There are plenty of good humans being in the world
with a good head on their shoulders, however they are
continuously defined by one mistake or one mishap that can never
be changed.
ii. How To Overcome Perceptions
In order to overcome this, individuals must have self-assessments, and
even ask for constructive criticism by coworkers and siblings. You have to
feel good about who you are as a person, and though there may be
mishaps or mistakes that you make in the office, it is about how you
respond and exert yourself. James Hunter once said, Life is not so much
about what happens to us as it is how we respond to what happens to us.
b. Boardroom Presence
Another key aspect for a strategic partner to build upon personal credibility is
their ability to a boardroom presence during meetings.
i. Critical Audience
Strategic partners must appeal to the critical audience by the way they
dress. You have to dress up each and every day for the position that you
strive to get. People are naturally attracted to those who look nicer, it
allows them to seem more important and powerful.
ii. Fitness
As well, fitness also plays a major role in appearance. Strategic partners
should work out to allow themselves to feel better about who they are.
Furthermore, people who are overweight often get an immediate
stereotype that they are lazy individuals who dont care about how they
look.
1. Example:
An example of this can be seen through Governor Chris Christie,
who recently got a liposuction done. Many people are skeptical of
his weight issue, and through this procedure people see him in a
new light and a stronger leader. How you look often correlates with
your work ethics and style, thus it is extremely important for a
strategic partner to be healthy and properly dressed for the job.
c. Interpersonal Skills:
In the business world, body language tells a lot about the interest and respect that
a person has. A strategic partner must at all times be confident and sincere to
everyone the meet.
i. Example:
Key figures such as Bill Clinton excelled with interpersonal skills as he
would remember everyones name to whom he talked to and could always
be seen with a smile on his face.
ii. Key Interpersonal Skills
i. Positive Outlook
To exert good professionalism, a person must have a positive outlook on
life to help build up those who are around him.
ii. Ethics
Furthermore, a personal must be ethically focused and strive to do the
right thing. In almost every company, integrity probably can be found
somewhere in the mission statement. This is such a valuable trait to have,
because it helps build trust and strong communication.
1. Example:
Back in 2008, Bernie Madoff was charged for creating a Ponzi
scheme which lost hundreds of Americans thousands upon
thousands of dollars. People trusted in Madoff with their life
savings, and because of lack of integrity they found themselves in
a large hole. Ethics are crucial in being a professional.
iii. Self-Discipline
Another key aspect of building upon Professionalism is having selfdiscipline. This trait pushes humans to each and every day to strive to
accomplish their goals and follow through with their dreams. So many
times Americans often find themselves lacking self-discipline and they
find themselves complacent with a lower lifestyle. If you want to become
the best, you have to push yourself through adversity and times of struggle
to reap the end reward.
1. Example:
The best example of discipline can be seen in The Crucible as
young men fought past fear, anger, and physical pain to become a
Marine. Sometimes with self-discipline you have to break down
past behaviors, and find the inner strength to continue pushing
forward. The young men seen in The Crucible put their heart,
sweat and tears in order at the end of training to receive that
prestigious title of being a US Marine. This is an analogy for
humans in the business world, as though there may be bad
quarters, you have to stay on your path and work even harder to
achieve success.
iv. Work Ethic
forces, time has the most profound effect on us. This profound quote explains is clearly,
as time doesnt stop for anything. Thus, a strategic partner must put First Things First.
a. First Things First
This is a book written by Stephen Covey who stated that a man must balance
around career and family, achieving their goals, resolving time conflicts and
moving away from any waste that there may be. This is often a hard trait to do,
because especially with the new age of the internet and phones, people are always
connected at all times. The cell phone will always be ringing, emails will always
pop up, and at the same time a person is trying to balance getting kids to school
and various appointments. It can be so hard to find time for everything, thus it is
important for a strategic partner to get away from any distractions and get the
work done. There are two concepts of time, both the clock and the compass.
b. Clock versus Compass
The clock represent commitments, schedules and any activity that we are doing
with our time. We often find ourselves controlled by the clock and this leads to
urgency. When we become urgent we often get stressed and this negatively will
affect our work and relationships with those around us. Contrary to the clock is
the compass. This represents direction in a persons life, and allows a person to
live a life based on their vision of what is important to them. A compass is
centered on relationships and effectiveness that a person exerts. Shakespeare once
states I wasted time, now doth time waste me. As leaders and strategic partners,
we cant afford to waste time on irrelevant items.
c.
CLOCK
COMPASS
When discussing time management, Strategic partners should find that most of
their time should be spent in quadrant II. Yes, there is going to be times where
there is crisis and even deception, however 65 80% of high performance
individuals spend their in the quadrant II. The shear reality is that only 15% of
typical individuals spend their time in quadrant II. This is a huge difference, and
is in correlation with those who know how to manage their time correctly. If an
individual wants to make that next level, they have to start focusing on whats
important, rather than worrying about the menial things.
4. Marketplace Eminence
In the business world, it all begins with networking. A wise person once stated its not
what you know, but who you know. However clich this may be, it can be backed up by
a recent MIT study. Those who are able to network with high officials and get their
personal broad known are far more successful.
a. Selling
As mentioned before, it is all about selling, and in order to do this you must have
a strong network in size and value. Christine Comaford-Lynch once stated,
Networking is marketing. Marketing yourself, marketing your uniqueness,
marketing what you stand for. Though you may be extremely smart and talented,
you wont be able to grow if you dont have a solid network around you to
support you.
b. Practice
atmosphere that is energetic and exciting. A servant leader speaks boldly for what
he or she believes in, and unites the company as a whole.
i. Example:
Martin Luther King, Jr. is the best example of a servant leader. He was
able to have an inclusive vision of a world without racism, and rally
America around his cause. Dr. King didnt want to be remembered for
prized or accolades that he won in life, however he wanted to be
remembered as a Drum Major for Justice. This is what a true leader
embodies, and is a trait that all leaders should strive to be. A company can
only be as successful as its leader, and thats why it is so crucial to have
the right leaders in charge of a company.
ii. Example:
It only take one bad leader for a company to go downhill fast. This can be
seen when James Cayne was the CEO of Bear Stearns in 1993 and
chairman in 2001. As Bear Stearns was on the verge of bankruptcy, Cayne
was found playing in bridge tournaments throughout the country. He was
never there for his company, and put his interests before the companies.
This lead to the companys hedge funds to quickly collapse as they were in
need of strong leadership. It is ever so important in this day of age for true
leaders to emerge that resemble true character and for leaders to inspire
others to continue to get better.