149: How Leaders Can Effectively Navigate Change During Tough Times with Victoria Pelletier

Victoria Pelletier, a renowned corporate executive and turnaround expert, discusses the intricacies of leading a company through challenging times. Sharing her insights on on how to effectively thrive during tough times, Victoria emphasizes the importance of clear communication, empathy, and effective leadership.

KEY TAKEAWAYS

• Victoria emphasizes the importance of whole human leadership, which involves recognizing and supporting the whole person, showing empathy, vulnerability, transparency, care, and compassion.

• Successful change management involves transparent communication, engagement, and aligning incentives with desired behaviors to drive successful transformations.

• Leaders are facing increased pressure to deliver results in a short timeframe, which can impact their leadership style and decision-making processes.

• Organizations need to focus not only on technology skills but also on developing attitudes, mindsets, and skills that promote flexibility, adaptability, and innovation.

• HR should be a strategic business partner reporting directly to the CEO, focusing on talent management, development, and aligning with the organization's strategic goals.

BEST MOMENTS

"I jokingly say I'm not very good with being idle. So when I made the decision to leave my last employer, which was Accenture, in June of last year, I thought, oh, now I have time to write a book."

"The most successful transformations come when people are on board with the change. And getting people on board means sharing, being as transparent as you can."

" 'WIFM. What's in it for me'. I think that's a really key component of that change management process. The communication is down to an individual level."

"Everything you've ever wanted lives on the other side of fear."

VALUABLE RESOURCES

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My name is Andrea Petrone. I'm a Human Performance and Leadership Advisor, Executive Coach and International Speaker. I help leaders and their teams to change their mindsets and master their leadership capabilities so they can achieve extraordinary performance. I've been in the corporate world for more than 20 years working globally - in 6 countries and 3 continents - for medium-large companies.