Modern Business Magazine September 2016 | Page 37

MODERN LEADERSHIP need to ‘go slow to go fast’ may be counterintuitive, as buy-in can take time and patience. Leaders who get this right demonstrate a genuine respect for the impact of their ideas on key stakeholders, listening to all feedback with an open mind. in particular, whether managers, staff and other key stakeholders are willing to get on board and support the idea. Leaders and senior leadership teams that fail to spend time fostering that kind of meaningful buy-in jeopardise their ability to generate positive performance. This also helps to explain a commonly cited statistic from leading change management expert and Harvard professor Dr John Kotter – namely, that 70% of change initiatives fail. A contributor to this kind of failure rate is because big initiatives, hatched at the executive boardroom table, are then launched without the buy-in of key people across the organisation. This leads to apathy or, worse, outright resistance that can make it hard if not impossible for any initiative to gain traction. In 2005 Qantas learned this the hard way when its then leadership team announced it was introducing a new parts management system called Jetsmart. Things did not go smoothly for the senior leaders, who were heavily criticised for failing to engage with engineers, operational staff and unions. The chief financial officer of Qantas at the time, Peter Gregg, is on record as having said, “We wouldn’t ask the engineers what their views on our software systems were. We’ll put in place what we think is appropriate for us.” As a result of taking this stance, Jetsmart (nicknamed ‘Dumbjet’ by Qantas engineers at the time) became mired in endless disputes and problems, all of which took place in the public spotlight. Three years and $40 million later, Qantas announced that it would retire Jetmart and start over. The Jetsmart case and the Economist Intelligence Unit report serve as a reminder to leaders of their role in bringing others on the journey – something they must balance with their desire to drive outcomes. For some leaders, the For this reason, organisations need to be carful not to treat the need for buy-in as an afterthought. Any leadership team getting together to work on their next big strategy or idea should also be asking: whose buy-in do we need for this to succeed? Why? And how do we get them involved? Asking these questions early creates an opportunity to invite key stakeholders to the table sooner rather than later. The payoff is clear. By focusing on the need to create buy-in to key ideas and initiatives across all levels of an organisation, leaders have an opportunity to give their organisation a clear performance edge. Simon Dowling is a collaborative leadership specialist and author of Work with Me: How to get people to buy into your ideas (Wiley) www.simondowling. com.au. September 2016 ModernBusiness 37