YouTube transcript (EYDk-kaqu4I) — Transcript
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- 0:01[Music]
- 0:22today I'm interviewing Kath
- 0:26Godfrey from mcgraw-hill Publishing
- 0:28Company because is the general manager
- 0:30of higher education and with the
- 0:33professional division Kath will be
- 0:35answering my questions today with regard
- 0:37to her role in the organisation thank
- 0:41you for your time today
- 0:42Cass can you tell me a little bit at
- 0:44first about McGraw Hill and how its set
- 0:47up with your role there McGraw Hill is a
- 0:49global organization our head office is
- 0:52in New York we have subsidiaries and
- 0:57offices all around the world in
- 0:59Australia the UK Asia and parts of
- 1:04Europe obviously in North America and
- 1:07Canada as well so we're a large global
- 1:09organization we have three principal
- 1:12core businesses one is education which
- 1:16consists of providing which is the part
- 1:19of the business that I work in working
- 1:21with academics teachers professionals to
- 1:24provide the right teaching and learning
- 1:27resources we have a company called
- 1:31Standard & Poor's which is a credit
- 1:33ratings organization which provides
- 1:35financial information services to the
- 1:40financial services industry and we also
- 1:42have a media arm which is called JD
- 1:46Power which provides other media
- 1:49services to industry so it's a large
- 1:52global organization about 25,000 staff
- 1:56within Australia we have we operators
- 2:00mcgraw-hill education we've been in the
- 2:02Australian operate in the Australian and
- 2:04New Zealand market for about 42 years
- 2:06and again we service educators and
- 2:11professionals from teachers primary
- 2:15students k12 through the higher
- 2:17education sector via tea and in our
- 2:20professional division we also provide an
- 2:24extensive array of print and digital
- 2:26resources for
- 2:28is medical practitioners and other
- 2:31managers who are wanting to learn and
- 2:33develop themselves through self-paced
- 2:35learning and your particular unit or
- 2:39division how is that structured our unit
- 2:43where I'm the general manager of the
- 2:44higher education and the professional
- 2:46business higher education is focused
- 2:49primarily on servicing the via T in
- 2:52higher education markets that is
- 2:54providing text books digital resources
- 2:58signing up local content making
- 3:01relationships with authors and selling
- 3:03that content and in the form of
- 3:05textbooks or other formats to students
- 3:09and to I guess working with lecturers to
- 3:11help them develop resources that they
- 3:14can teach effectively with and the
- 3:16students can learn with so that's quite
- 3:19a significant part of the business
- 3:21it is about 55 percent of the business
- 3:24overall and I guess it's the end game
- 3:29for our wider cradle-to-grave K to 12
- 3:32strategy for teaching and learning and
- 3:34for providing resources to to learners
- 3:36of all ages the people within your
- 3:39division how are their responsibilities
- 3:42divided up okay we have quite a flat
- 3:45organizational structure I guess you'd
- 3:47call it a strategic business unit and we
- 3:50have managers that manage the the key
- 3:53functional areas associated with us
- 3:56delivering the content technology and
- 3:59services that we as a business exist to
- 4:02service so I have a National Sales
- 4:04Manager with 20 salespeople around
- 4:08Australia and New Zealand a marketing
- 4:11team who helped craft the message and
- 4:13work with authors and customers on
- 4:16business solutions a publishing or
- 4:19product development team who are
- 4:22instrumental in the development of our
- 4:24local publishing program and a digital
- 4:26team who
- 4:27help work with lecturers and students to
- 4:31provide the right technology solutions
- 4:33to support teaching and learning
- 4:35outcomes so we've divided the business
- 4:37into the key functional areas but
- 4:40obviously the need for us to work as an
- 4:43integrated team is absolutely essential
- 4:44if we're going to deliver on our goal of
- 4:47providing superior combination of
- 4:49content technology and service what have
- 4:53you done I supposed to get to this
- 4:55fantastic position what qualifications
- 4:57have you got I have a an arts degree
- 5:00actually I have a BA from Australian
- 5:03National University and I started my
- 5:06peps I should say I started as doing a
- 5:09communications degree in marketing and
- 5:12communications with a sub major in
- 5:14economics I did that for 12 months
- 5:17straight out of unit high school and at
- 5:20the time it didn't resonate with me I
- 5:23went and did an arts degree and majored
- 5:26in philosophy of all things and then
- 5:29went on to do some other things from
- 5:31there but that's my educating my formal
- 5:34educational background and I have a
- 5:35degree in philosophy and history I
- 5:37started in as the sales and marketing
- 5:39director in the professional division
- 5:41and I started in 2005 I've been in
- 5:45publishing for about 15 years I've
- 5:48worked in retail sales marketing product
- 5:53development publishing
- 5:54I've run publishing teams and production
- 5:57teams so I've had a quite a broad range
- 5:59of directly relevant experience how do
- 6:03you plan your time as a manager on a day
- 6:07to day basis time is the enemy the need
- 6:12to prioritize is absolutely essential I
- 6:15think about my time in terms of what do
- 6:18I have to achieve today what do I need
- 6:20to do today who do I need to talk to how
- 6:23do I need to move the things that are
- 6:25important to the business and to the
- 6:26team forward obviously in my role I have
- 6:29to interact with a lot of people within
- 6:31the organization
- 6:33formally and informally but also I need
- 6:36to be out in the market working closely
- 6:38with customers as well understanding the
- 6:41changing needs and I guess helping us
- 6:44figure out how we're going to respond to
- 6:46those changing needs I try to divide my
- 6:48time into mornings what other must do is
- 6:53shut the door do the must use one of the
- 6:56meetings that I need to attend so I
- 6:57spend time structuring those meetings
- 7:00and then I try to plan for a bit of
- 7:02spontaneity in the day as well where
- 7:04things happen they just do and you've
- 7:07got to make yourself available so I try
- 7:10to figure out sort of on a weekly basis
- 7:12what do I have to do this week try and
- 7:15get that out of the way early maybe time
- 7:17to do that privately have my meeting
- 7:19time and then give myself the
- 7:22opportunity to respond to things that
- 7:24present themselves a hell phone to the
- 7:27future or do you plan I think with
- 7:30publishing as in all commercial
- 7:31enterprises
- 7:32you've got immediate financial goals
- 7:34that you have to deliver on monthly
- 7:36quarterly yearly
- 7:37so some of our goals are very short term
- 7:40but then we also have to plan three to
- 7:42five years out whenever you're engaged
- 7:44in a long term product development cycle
- 7:47which is essentially what publishing is
- 7:49you have to be able to anticipate the
- 7:51needs and the demands of a market often
- 7:53three to five years out we plan our
- 7:56publishing three to five years out not
- 7:59just the content that we anticipate
- 8:01might meet the emerging trends of
- 8:03educators but also we have to try and
- 8:06figure out what kind of technology might
- 8:08be being used to deliver those materials
- 8:11and how do we develop content that's
- 8:13applicable and suitable for that
- 8:15technology so there's short term
- 8:16financial goals resource allocation
- 8:19staffing HR issues but there's the
- 8:22longer term I guess our strategic
- 8:25product development decisions as well as
- 8:28how do we position ourselves in the
- 8:30market how do we adapt our identity and
- 8:33our service offer to meet the changing
- 8:35needs of
- 8:36customers as well what strategies do you
- 8:38use to help you achieve your goals we
- 8:42have a planning process within the
- 8:43division we try to do an annual planning
- 8:45process where we bring our key managers
- 8:48together for a couple of days let's just
- 8:51focus on the future
- 8:52let's clearly establish and agree on our
- 8:55goals as a team and then from there
- 8:59let's come up with some key milestones
- 9:01and some key sort of deadlines where we
- 9:03need to see certain things happening so
- 9:05that we know we're on track so that's an
- 9:07important part of how we achieve our
- 9:09goals communication is really critical
- 9:12it's hard to communicate openly
- 9:14effectively and well all of the time but
- 9:17I think it's a real challenge for
- 9:19managers that if you're not
- 9:21communicating the value of the goal and
- 9:23the benefit to the organization and to
- 9:25the individual it's hard to keep people
- 9:27on track to paint a picture I guess
- 9:30about where we're going and what we're
- 9:31doing and we in an informal level we
- 9:34have you know coaching meetings
- 9:36supervision which helps people how
- 9:38you're going with these tasks with these
- 9:40goals what are you doing in terms of
- 9:42closing this business where we up to how
- 9:45does the team need to support you to
- 9:47close that business or assign that
- 9:49author whatever and on a more formal
- 9:52level of course we have
- 9:53performance-based bonus plans within the
- 9:55organization as well that actors I guess
- 9:57motivators for people to achieve the
- 9:59goals and the milestones that they say
- 10:01that we get they're going to achieve and
- 10:02that will move the business forward what
- 10:06might cause your goals to change okay a
- 10:11number of things primarily
- 10:13competitive changes in the competitive
- 10:15landscape for example we're publishing a
- 10:21suite of first year introductory
- 10:22management books and technology
- 10:25resources this year one of our customers
- 10:28has decided to bring their publishing
- 10:30the schedule of our competitors rather
- 10:32forward so for us that's a change in the
- 10:35competitive landscape and we need to
- 10:37adapt our strategy
- 10:39our approach to the market or the timing
- 10:41of our communication of the market to
- 10:43maximize the impact of our product in
- 10:45the market so competitor change for
- 10:47example technology globally we may
- 10:51acquire a piece of technology or come
- 10:54across a former partnership that gives
- 10:56us the ability to provide an additional
- 10:58service so if we can incorporate a
- 11:01change in our product or technology that
- 11:03might have I guess been an impetus to
- 11:05reevaluate some of our financial or
- 11:08resource goals the other thing that
- 11:11obviously affects that is what's
- 11:14happening in the market what changes are
- 11:16happening with our customers that might
- 11:18force us to reevaluate our thinking or
- 11:21our strategy or ought to make changes I
- 11:23think that's probably the cool thing we
- 11:27have to learn from our customers it is a
- 11:29cliche but there's just no other way to
- 11:32move the business forward and to really
- 11:35grow with your customers if you don't
- 11:38know what they're doing and what's
- 11:39important to them so I think that's
- 11:41really important how can others help you
- 11:44to achieve your goals lots of ways
- 11:48there's lots of people within the
- 11:50organization that we have to interact
- 11:52with to help us achieve our market
- 11:54facing revenue goals I guess so it's
- 11:58helping other parts of the business our
- 12:01customer service teams our inventory
- 12:03teams our warehouse helping them
- 12:05understand what our goals are and
- 12:07aligning their activities to our
- 12:10business periods so within the
- 12:12organization I think that's again
- 12:15communication and that's a great help to
- 12:19us that the important critical period of
- 12:21the of the year learning from what our
- 12:25colleagues around the globe are doing
- 12:27what can we do that's perhaps our
- 12:29colleagues in the UK or in Asia of
- 12:31how can we use that within the context
- 12:33of our own market so some of their
- 12:35techniques that we haven't thought of
- 12:37can help us achieve our goals and again
- 12:39what are our partnerships like with our
- 12:41our customers sometimes they can help us
- 12:44achieve goals where we can form a
- 12:46partnership and they share content with
- 12:48us for example that we can then provide
- 12:50to other customers but it's our staff
- 12:53it's helping them understand what the
- 12:55goals are and supporting them and giving
- 12:58them I guess some direction on what the
- 13:00goals are and the resources and the
- 13:02tools to to meet them we can't expect
- 13:06our sales team to go out and have a
- 13:08cogent conversation about the new
- 13:10edition of Bartol for example if they
- 13:13don't understand and have the tools to
- 13:15be able to identify who's teaching the
- 13:18courses where to find them they'll have
- 13:20a conversation about the content in the
- 13:22book so yeah giving the right tools and
- 13:26the right training is and working with
- 13:28people that can provide that's really
- 13:30important it's an ongoing challenge as
- 13:32well what about miss decision-making
- 13:34what strategies do you use to help you
- 13:37make decisions on a day-to-day basis
- 13:39depends on I guess the importance of the
- 13:42decision the timeframe associated with
- 13:45the decision and the level of resources
- 13:48that might be required in the business
- 13:50to make the decision real so some
- 13:54background research what is it going to
- 13:56cost can we make the numbers work so a
- 13:58P&L analysis certainly for any product
- 14:00development that we do again we validate
- 14:04through research with our customers will
- 14:06this work won't it work what trends
- 14:08emerge there that helps our decision
- 14:10making probably that's the mid longer
- 14:12term stuff and for my own
- 14:15decision-making I've drawn a lot of
- 14:17personal experience in the industry
- 14:19there networks I have within the
- 14:21industry and the organization and on the
- 14:24expertise of the team and on their
- 14:26observations of what's going on in the
- 14:28market as well so it's a combination of
- 14:30factors and these strategies are
- 14:33effective or what makes these strategies
- 14:35effective
- 14:36the only way I guess you can measure
- 14:38their effectiveness is have you achieved
- 14:40the goals that we set out to achieve it
- 14:42if you're going to publish a new edition
- 14:44of a book that you say you're going to
- 14:46sell X thousand units have we sold X
- 14:48thousand units if so why have we doubled
- 14:52our sales estimate which has happened in
- 14:54some instances why didn't we forecast or
- 14:57anticipate that so I mean I think that's
- 15:00the ultimate measure have we achieved
- 15:01the financial goals or if it's around
- 15:04you know planning with people have we
- 15:06retained them do they understand the
- 15:07training can they have the conversation
- 15:10in the market is this the way the
- 15:12organization has always been structured
- 15:13does this help your you achieve your
- 15:17goals
- 15:17I believe it does no it's not the way
- 15:22the divisions always been structured and
- 15:24I guess I should start with that we
- 15:27reorganized the team at the beginning of
- 15:30this year when I first came into the new
- 15:32role as general manager for higher
- 15:34education and I think we talked about
- 15:36this a bit earlier as well our core
- 15:38goals and I think our core offer
- 15:40revolves around our ability to provide a
- 15:43superior combination of content the
- 15:47right technology and the right level of
- 15:49service so that we can help lecturers
- 15:52and educators deliver the packages and
- 15:56the teaching that they need to deliver
- 15:58what drives that product development
- 16:01publishing technology and the ability to
- 16:05work alongside a lecture to help them
- 16:08deliver the technology resources that
- 16:10they need to teach their course so we
- 16:12have a technology team how do we sell
- 16:15the message we've got a marketing team
- 16:16how do we understand what our
- 16:18competitors are doing and the what types
- 16:20of features are inherent in their offer
- 16:23our marketers help us with that how do
- 16:26we get the message out to our customers
- 16:27our sales team so we've really had to
- 16:30reintegrate the team and historically
- 16:33the publishing team was one division
- 16:37that provided a service to all of this
- 16:40different markets that we face a schools
- 16:42professional higher education via t now
- 16:45it's a strategic business unit so we're
- 16:47able to I guess intensify that
- 16:50integration higher education in
- 16:53Australia and and globally I think you
- 16:55could argue it's quite an interesting
- 16:58market because there's a certain
- 16:59circularity to it if you like our
- 17:02customers are also our content providers
- 17:05often we work with authors and
- 17:08Commission authors who are also teaching
- 17:10the courses and who are working and
- 17:13researching in the area so to have that
- 17:16circularity between our sales our
- 17:19publishing our marketing and our
- 17:21technology offering really helps us put
- 17:23an integrated package together for the
- 17:26market and it helps those parts of the
- 17:29business talk to each other and
- 17:31understand how each role impacts and
- 17:35really enables us to win the business
- 17:39given the functional set up of the
- 17:42organization there must be some cross
- 17:45grouping happening can you tell me a bit
- 17:47about the importance of groups and teams
- 17:49in the organization
- 17:51groups and teams are essential in the
- 17:53organization and the ability for that
- 17:55cross-functional team to come together
- 17:57to solve a business problem how do we do
- 18:01that obviously we have regular informal
- 18:04management meetings both at my
- 18:06management team that I'm part of which
- 18:08Meriel managing director we have a
- 18:10monthly management team the other
- 18:11general manager finance operations
- 18:14director but within my team I have a
- 18:17fortnightly meeting with my key managers
- 18:20of those sales marketing publishing
- 18:22digital areas part of its a information
- 18:25exchange session part of its about well
- 18:27how we're moving this business forward
- 18:29and part of it's about figuring out
- 18:31where to put the resources in terms of
- 18:33the effect of that on the my
- 18:35we have a model I guess that we're
- 18:39experimenting with so there's always to
- 18:41go with it but we identify our most
- 18:45important sales opportunities and the
- 18:49most important customers that we need to
- 18:50work closely within and in a
- 18:52consultative way to win or keep the
- 18:54business and we make a plan which is
- 18:58revolves around the rep but it's saying
- 19:01well in this case we might need to
- 19:03commission some cases for this customer
- 19:06or perhaps they have their own cases and
- 19:08the lecturer wants to pass them up as a
- 19:11custom book so it might be our publisher
- 19:14who attends a presentation and talks
- 19:16through the logistics and the issues
- 19:19associated with publishing that content
- 19:21it may be that certain materials videos
- 19:24or other information needs to be hosted
- 19:27onto our website or connecting one of
- 19:30our technology products into perhaps a
- 19:33course management system rather like the
- 19:35one that you're probably listening to
- 19:36now like blackboard or web CT so in that
- 19:41case we would bring our technology
- 19:42specialists and our digital solutions
- 19:44team in to work with the customer
- 19:46through the sales team and it could be
- 19:49marketing which helps us differentiate
- 19:52some of our our offer in our products so
- 19:56there may be that we have chapters on
- 19:59entrepreneurialship and small business
- 20:01that are very important to a lecturer
- 20:04and they need to run a solid lecture on
- 20:07that across a number of campuses so
- 20:09perhaps our marketing team might be able
- 20:11to sit down and work with the customer
- 20:14and say this is how we approach this in
- 20:18this topic in our airports and our
- 20:20resources this is how the competitive
- 20:23approach is it which is a more
- 20:25appropriate stance for you so that's
- 20:29really how we try to coalesce around as
- 20:32a team around the
- 20:33of the Salesforce once we've uncovered
- 20:35the needs of the customer and I guess
- 20:39try and bring that disparate expertise
- 20:41together so we can prevent present a
- 20:43fairly unified offer to the market which
- 20:45is around content technology and service
- 20:48because that's invariably the key
- 20:50elements of any learning solution that
- 20:52will provide what about informally their
- 20:56informal tense oops
- 20:58so much of organizational the
- 21:01interaction is informal some of it
- 21:03managers want to control that let's be
- 21:06honest you can't I'm not that type of
- 21:09manager I'm not seeking to control those
- 21:11interactions I think often we just
- 21:14published a book called Katz written by
- 21:16or distributed written by a guy called
- 21:18Steve London who wrote a book called
- 21:20fish which is a very famous management
- 21:24text for professionals and he refers to
- 21:27a thing called natural energy and it's
- 21:30really about well what really inspires
- 21:32innovation how does certain ideas take
- 21:35hold how do you inspire that enthusiasm
- 21:38and I think a lot of that happens
- 21:40through informal communication
- 21:42it's that spark that happens and so
- 21:46providing opportunities for people to do
- 21:50that it's quite difficult but I think
- 21:52it's actually very important we try to
- 21:54do that at our sales meetings which we
- 21:56hold twice a year block out time for
- 21:59sort of socializing there's informality
- 22:01in their evenings and of course there's
- 22:03just natural networks that people form
- 22:05people click with other people more than
- 22:07others that that's life and often the
- 22:10best ideas come out of people who just
- 22:12for whatever reason click you know
- 22:14intellectually although experience works
- 22:16I mean how do you capture that I think
- 22:19that's the key question how do you make
- 22:20it work for the business you touched on
- 22:22motivating employees before and you
- 22:25talked about sorry packages
- 22:29are there other ways that you motivated
- 22:32your employees absolutely I mean the
- 22:35formal motivations obviously around the
- 22:37bonus payments the the salary structure
- 22:40but we know from quite sort of general
- 22:43management research that's often a
- 22:45relatively small piece of the pie
- 22:47people feel engaged often when they feel
- 22:50like they're a part of something when
- 22:51they've believed that what they're doing
- 22:53is valuable to either the sector that
- 22:56they're servicing and that the
- 22:59contribution I guess to the business is
- 23:02recognized and valuable and it's a
- 23:05matter I guess with your direct reports
- 23:07and with the teams that you work with of
- 23:09try to understand well what are people's
- 23:12drivers because some people respond
- 23:15really well to public accolades the
- 23:19wrong word but that level of recognition
- 23:21so we have a quarterly staff meeting for
- 23:24example where we have awards for
- 23:26excellence and we structure those awards
- 23:30and people nominate their peers in the
- 23:33organization around our five values so
- 23:36drive for success behaving with
- 23:39integrity customer value business
- 23:42development communicating effectively
- 23:44and that's the criteria that we use so
- 23:47people nominate their peers on the basis
- 23:49of their contribution to the business so
- 23:53there's an opportunity for those who
- 23:54like to be recognized in that way to be
- 23:56recognized I guess taking on board
- 24:01people's ideas showing that that you've
- 24:03done that I think that's important in
- 24:04relationship giving people relationship
- 24:07for performing whurling the business is
- 24:09another motivator for some people other
- 24:11people are very task focused and they
- 24:13just want to get it done other people
- 24:15need to have some relationship so you've
- 24:17got to exercise some judgment around
- 24:18that what about for yourself ahead of
- 24:21your superiors going motivate you I
- 24:25guess I should say that an expected
- 24:29judgment and I know you'll probably
- 24:30cannot ask me some things about
- 24:31leadership qualities in a minute that
- 24:33hopefully you can and so hard but if you
- 24:37can hire people who are intrinsically
- 24:39motivated by the role of their in that's
- 24:42the best outcome obviously you have to
- 24:44find ways to engage them but getting
- 24:47people who are on board is a great start
- 24:50and that's about I guess using and
- 24:52exercising your judgment around the
- 24:53person and whether they fit within the
- 24:55business I'm fairly intrinsically
- 24:58motivated I like what I do I like the
- 25:01fact that I'm involved in the education
- 25:03industry and that I what I do
- 25:05contributes to I guess the educational
- 25:09development of a community education is
- 25:12so important to our long-term economic
- 25:14development our community development
- 25:16and our ability to reflect on ourselves
- 25:19as as a culture and to understand what's
- 25:21going on the world around us so for me I
- 25:24feel I like that part of my job and I
- 25:28like the fact that I talk to lots of
- 25:29interesting people all the time who are
- 25:32very smart academics and researchers our
- 25:36organization is full of highly educated
- 25:39people so that's a great motivator for
- 25:42me and in terms of I guess the other end
- 25:47of the scale because these things are
- 25:48real drivers for me as well I like to
- 25:51have a number on the table and hit it
- 25:53I'm that kind of person so well you know
- 25:56show me the money and I think I'm pretty
- 25:59good at hitting the rest of the team
- 26:01know that that's what it's all about at
- 26:02the end of the day but you got to have a
- 26:04mix of interests around that nothing is
- 26:07more satisfying than saying you're going
- 26:10to do something doing it and achieving
- 26:12your goals and when you stand up at a
- 26:14sales meeting at the beginning of the
- 26:15year with a successful year behind you
- 26:18nothing is more motivating to the team
- 26:20say we have done this it's a great
- 26:23feeling
- 26:25so I think my boss has kind of figured
- 26:27that out about me as well
- 26:29it probably uses it it's a much greater
- 26:31effect than nice to know but
- 26:35intellectual stimulation I I need to
- 26:37work with someone who I guess I report
- 26:40to who I can be challenged by who can
- 26:43coach me who I can learn from and who I
- 26:46can bounce ideas from and that stuff is
- 26:49a real motivator for me yeah can you
- 26:52describe your own leadership style it's
- 26:55hard isn't it being able to reflect on
- 26:57yourself such an important part of it
- 26:59isn't it I think I've got quite a
- 27:02collaborative style I like to get things
- 27:05done and move things forward but I'd
- 27:07like to engage the team in that process
- 27:09I like to know that we've got the best
- 27:12ideas at the table ultimately someone's
- 27:14got to make a call on what those ideas
- 27:16are and how we what resources we deploy
- 27:19to execute them and that often falls to
- 27:22me but knowing that we've got the right
- 27:26importer is an important part of that I
- 27:28think I've got quite good judgment about
- 27:32people I think I'm quite instinctive
- 27:34about people and I do draw on that when
- 27:37I'm recruiting people and observing
- 27:40their development needs as well and I do
- 27:44use that as a big part of my style I
- 27:47think I'm also very commercially focused
- 27:50so if it's if I can't see from my
- 27:54experience or from talking to people and
- 27:55through just what I've learnt in the
- 27:58business how it's going to work then
- 28:00I'll push it off the table very quickly
- 28:01so I'm quite decisive around that stuff
- 28:03um you know I'm happy to have a lot of
- 28:06end points but at some point you've just
- 28:07got to call it for what it is and move
- 28:08forward and I think my commercial skills
- 28:12are a real asset to the business and
- 28:15enter the team generally
- 28:18I'm fairly analytical I'm quite happy to
- 28:20engage with the numbers in fact that's a
- 28:23big part of my job but I need to see how
- 28:26that translates into a message to the
- 28:27team as well they need to see that yeah
- 28:30I use my planning skills to good effect
- 28:33with the team in terms of engaging
- 28:35people in that planning process my
- 28:38communication skills I think are quite
- 28:40strong so and I'm quite persuasive or
- 28:44can be persuasive you know communicate
- 28:46when I'm communicating and again it's
- 28:49about showing people what the goal is
- 28:52and how we're going to get to it you
- 28:54that's really I think the most important
- 28:58thing that a leader can do to drive for
- 29:01a result in an organization and to also
- 29:03demonstrate how as a business we're
- 29:07anticipating the future trends how we're
- 29:09responding to them and what what
- 29:13resources I guess we're deploying to
- 29:14respond to that and it's that kind of
- 29:17insight I guess into the market and
- 29:19judgment about people and I guess that's
- 29:22what I aspire to that builds trust it's
- 29:26a very nebulous thing trust and
- 29:28judgement but people respond extremely
- 29:30well to it and if people trust your
- 29:34judgments by and large because you've
- 29:38demonstrated reasonable judgment in the
- 29:40past then it's much easier to influence
- 29:42them in the future
- 29:43how do you ensure that individual
- 29:46employee performance is meeting the
- 29:49standards required we have a formal
- 29:53performance management process in the
- 29:55business it happens several times a year
- 29:58we have a gold setting process at the
- 30:01beginning of the year and those goals
- 30:03are generally individual goals that fall
- 30:05out of the divisional goals we then have
- 30:08a media performance review so we check
- 30:13in on whether those goals being achieved
- 30:15and and how we're tracking in relation
- 30:17to those having said that that's an
- 30:19ongoing part of the supervision anyway
- 30:21that gets cascaded down through the
- 30:22business that's the goal and then we
- 30:25have a
- 30:26final performance review at the end of
- 30:28the year where we do make an assessment
- 30:30a quantitative assessment about whether
- 30:32someone's achieved their financial goals
- 30:34the quantitative and qualitative goals
- 30:36that they said they would achieve and if
- 30:39not sort of what can we do - why not and
- 30:42look at what happened along the way - I
- 30:45guess inhibit their achievement of those
- 30:48goals there's no point in doing that
- 30:50three times a year it's got to be an
- 30:51ongoing process it's a formal process
- 30:53three times a year but you're checking
- 30:55in all the time and your weekly
- 30:57supervision well have we done this where
- 30:59are we at what do we need to get out of
- 31:01the way so we can make it happen
- 31:03but people ultimately get formal
- 31:06feedback which gets escalated up through
- 31:09the organization as well okay as a
- 31:12manager how do you deal with employee
- 31:14conflict it depends on the nature of the
- 31:18conflict and on the actors involved in
- 31:21the conflict and how much that conflict
- 31:23impacts on the goals of the business I'd
- 31:26like to be able to give you a straight
- 31:27answer or simple answer to that but I
- 31:28don't believe there is one sometimes
- 31:32it's serious and you need to escalate it
- 31:34or have HR right beside you to work
- 31:37through the issue sometimes it's a
- 31:41simple matter of there's a
- 31:44misunderstanding around the position
- 31:46perhaps that members of the team might
- 31:49have taken and there's a need to
- 31:50facilitate or get people together and
- 31:53understand or help each other understand
- 31:56what that position is and what the
- 31:57midpoint is if there is one and
- 32:00sometimes it's a conflict that you just
- 32:04have to be directive and say this is
- 32:06what we're doing
- 32:07and we've got to work with this because
- 32:09if we don't do this we're not going to
- 32:11do this and this is what we said we were
- 32:12going to do well this is how we're going
- 32:14to get to a number depending on the
- 32:16nature of the conflict depends on the
- 32:19level of formality I guess associated
- 32:21with the conflict resolution process and
- 32:23the mediation and the
- 32:25negotiation so having some transparency
- 32:28around that and an understanding of what
- 32:30that might look like I think is an
- 32:33important motivational factor for staff
- 32:36usually when it's fairly serious I've
- 32:38had one or two experiences where we've
- 32:40had a chart beside us and we've had to
- 32:42address a serious conflict issue and
- 32:47that process needs to be transparent and
- 32:50clearly outlined sometimes conflict is
- 32:53is very healthy and you have to be able
- 32:55to get the energy that comes from
- 32:57conflict and use the ideas but it's
- 33:00about deep personalizing that some
- 33:02conflict is about people who want to
- 33:05personalize everything that happens to
- 33:06them as well so you've got to be able to
- 33:08I guess decide what they call what type
- 33:11of conflict it is and how to respond to
- 33:13it and for that type of conflict and
- 33:16again it's a subjective judgment the
- 33:18formality is just it's not there it's
- 33:20more of a coaching or let's get into a
- 33:22room together if two of my more senior
- 33:25managers were in conflict I would expect
- 33:27that they could as a first pass get into
- 33:29a room and deal with it let's talk to
- 33:31each other if there needs to be another
- 33:34level of mediation although I haven't
- 33:37had to do this with this team
- 33:38fortunately I would get involved if we
- 33:42can't resolve it from there then we work
- 33:44with HR finally what are the issues do
- 33:47you face in your management role and how
- 33:50do you deal with them I think the issues
- 33:54that are most that we deal with
- 33:58regularly are being able to I guess I've
- 34:02alluded to this quite a few times but
- 34:04working with our peers around the globe
- 34:07and making time to develop those
- 34:09networks so that we can learn from their
- 34:11issues and then that's sometimes a
- 34:13challenge making time to maintain those
- 34:16relationships and networks keeping a
- 34:19broader perspective on the trends and
- 34:22developments in the industry what and
- 34:25doing the professional reading around
- 34:26that and making time to talk to people
- 34:28not about closing the business but hey
- 34:30what are you doing
- 34:31how is our value proposition if you like
- 34:34as a business actually aligning to that
- 34:37if you're not attuned to the wider
- 34:39issues it's really hard I think to
- 34:41operationalize them in a meaningful my
- 34:43and to generate revenue and results from
- 34:46them so it's easy to say look I just
- 34:50haven't got time to do that today I
- 34:51don't need to read that piece of paper
- 34:53or I don't need to look at the
- 34:55higher-end supplement this Wednesday or
- 34:56whatever just a small example but you
- 34:59just have to make time to do it so those
- 35:01issues are important and change
- 35:05I mean corporations large multinational
- 35:08corporations are permanently changing so
- 35:10figuring out how to manage yourself
- 35:14through that change and therefore teams
- 35:16is another issue that you're always I
- 35:19think learning and dealing with and
- 35:21modeling how to manage yourself to your
- 35:24teams when they're going through
- 35:26potentially disruptive periods that
- 35:30often they can't control is a really
- 35:33important issue as well
- 35:34thank you very much for your time yes I
- 35:38think your answers has been highly
- 35:40informative and hopefully the students
- 35:42will think so also well we're in the
- 35:45business of providing learning solutions
- 35:48so I'm hoping that this there are a
- 35:50myriad of ways of doing that so
- 35:52hopefully this is another way that
- 35:54students can engage with the discipline
- 35:58that they're learning so thank you for
- 36:00the opportunity as well
- 36:02[Music]
- 36:13you
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