There is a strong argument that we lost a generation of leaders with the changes that took place during the 2000s decade. The developments in digital technology changed work practices more than many realised and there is no doubt that this generation has not broken through as much as with previous generations. However there is some exceptional emerging talent and so there is a need to consider how best to nurture this talent through.
There is a lot of discussion about the importance of innovation through digital technology, products and services but innovation with people is equally as important. Good talent and people are the core differential in Hospitality.
The overall comments we are receiving from boards tell us that:
- Many middle level executives are narrower in their thinking than in previous eras and possess less real market knowledge.
- There appears to be less natural accountability and even life skills amongst many developing through.
However there is no doubting their thirst for knowledge and intellect appears to be higher.
- There is a greater community/team focus amongst those coming through.
- Middle managers network less and do not really grasp how to build strong business relationships.
As a result of this, EP has been piloting a series of Think Tanks and also developing initiatives to work alongside companies to support the development of emerging talent.
The argument is that it is important to help support talent:
- Think differently
- Problem solve and ﬁnd solutions through lateral thinking
- Learn to express their thoughts Q Develop their industry knowledge and understanding of key trends and issues Q Develop social and networking skills
There are many talented individuals within the hospitality sector and now they must, as must companies, learn from what has not worked as effectively in the past decade. Transforming the process can now support the development of people.
Objective – The Development of Talent:
There are many programmes that focus on talent development. However the core consistent areas that need support are: Q Development of Industry and business knowledge and thinking
- Development of old fashioned social skills and networking
- Problem solving
- Taking time to reﬂect and think differently
It is important to recognise that the work day has changed and is far more demanding in terms of responding to emails (average 150 per day) with little time for reﬂection and thought development. Clarity of thought is very important and difficult to achieve with this work load and social skills have now never been more important.
The hard truth is that demanding work schedules have resulted in less market knowledge and a decrease in networking and social contacts. This was the basis of success for the baby boomers and needs to sit at the core of the skill set of any emerging leader. Building strong relationships and knowledge of the market are fundamental to long term success.
There’s a reason that co-working space have risen in popularity. It gives people access to different networks, to engage, learn and be inspired by those around them. In businesses where there are employees with numerous backgrounds and skill sets, such innovative knowledge co-working can be achieved internally.
Case studies show that:
- Inclusive teams and work forces are more productive and deliver consistent strong results
- People still buy people in business so the need is to develop relationships
- Brands are less of importance than people and the offer
- Clients are seeking greater understanding and proactivity from operators
So the methodology that should be proposed now is a return to tried and tested models but with a framework that works alongside teams.
EP has piloted a series of Think Tank events which bring people together from across the industry. The popular sessions are conducted in a business, yet informal learning and networking environment. They are led by an experienced and proven industry leader who shares their own insights. Often the speakers have reinvented themselves and their insightful knowledge is unique and welcomed from the room. This learning allows the group to discuss key issues and topical points.
The group are invited to participate in discussion, raise questions and both the speaker and the group sharing their thoughts.
This allows participants the opportunity to reﬂect, to challenge their thinking and to be exposed to intelligence from across the industry.
The monthly Think Tank events have between 20 to 30 attendees and take place either ﬁrst thing in the morning or at the end of the working day to enable people to attend and ﬁt into their working schedules.
Bespoke Internal Leadership Innovation Think Tanks
EP is now planning to create specialised bespoke Think Tank sessions for speciﬁc teams. It is important to challenge not just those that want to learn but also internal groups. The idea is to challenge them to take time to think beyond the day to day.
By creating a framework for a session each month, a team can focus on the development of lateral thinking, reﬂection, market knowledge and problem solving.
EP is hosting six Leadership Innovation Hub events per year. These are, in simple terms, interactives lectures by Industry leaders.
They are aimed for emerging talent and provide them the freedom to develop their thinking, build their own networks, and in turn add greater value in their business role.
This is less normal business coaching and more focused on developing the core skills of:
- Relationship building
- Industry knowledge
It may sound a contradiction but the key in developing talent is to return to core social skills of the past.