Jack Zenger
& Joseph Folkman
November 16, 2016
An exceptional leader we know would occasionally get a question from his
direct reports in a variety of forms but with the common message, “Do you want
this done fast or right?” His answer was always the same: “Yes!” He chose not
to compromise on either dimension. For this leader and for most highly effective
leaders we know, making mistakes is not an option. But neither is slowing down.
Over the last few years we’ve been increasingly interested in the impact
of a leader’s preference for speed versus a “slow and steady” mode of
operation. It’s clear that overall, organizational processes, communications,
and human interactions in the world are speeding up. Many organizations are
looking for ways to become more agile. Perhaps leaders worry that their
organizations cannot move faster if their employees operate slowly.
We created an assessment to measure an individual’s preference for
moving at a slow or fast pace. In the assessment, we also measured preference
for quality versus quantity. After gathering data on more than 5,000 leaders
across the globe, we discovered a strong tendency for those with a fast pace to
also have a strong preference toward quantity rather than quality of work.
Fifty-eight percent of respondents have this preference. We also noticed that
19% had a stronger quality focus and a slower pace. This group was concerned
that working faster could create errors or mistakes. Their tendency was to slow
down in order to maintain high quality. (If you would like to evaluate your own
pace and see how you compare, you can take it here. It’s free but we ask for your email address.)
We meet many groups that, when challenged to work faster, worry doing so
will cause errors and poor quality. The group we were interested in for this
research, however, was the people who preferred a faster pace but also had a
quality focus. Is this really possible? And what does it take for a leader to
have both high quality and fast pace?
To research this question, we turned to another data set, one that
includes information on more than 75,000 leaders. This data set contained
360-degree assessments with ratings from an average of 13 raters. In the
dataset we measured a leader’s speed and their quality of output. We identified
a group of leaders who were in the top quartile on both speed and quality and
compared this group to all other leaders in the database. We computed
statistical tests on 49 leadership behaviors. We sought to identify the most
differentiating behaviors of leaders who were rated as having high levels of
both speed and quality. What did they do differently from other leaders? All of
the 49 behaviors were statistically significant, so we were searching for those
that differentiated most powerfully.
The analysis identified seven unique factors that appear to identify
what it takes to combine these two seemingly contradictory critical leadership
goals.
·
Provide clear
strategic perspective. Leaders rated as
having both high speed and high quality were absolutely clear about the vision
and direction of the organization. They were also rated as better at taking a
longer term, broader view. They were effective at defining that perspective and
then sharing their insights with others so the strategy could be translated
into challenging, meaningful goals and objectives. Naturally, knowing where the
organization is going and which direction is correct would increase both speed
and quality. Without a clear map, people get lost and waste a good deal of
time.
·
Set stretch goals
and maintain high standards. Stretch
goals have a natural tendency to increase speed. People will stay busy without
stretch goals but will not accomplish as much. Stretch goals can increase our
effort. To ensure quality these leaders also set high standards so that others
knew exactly what high quality work looked like.
·
Communicate
powerfully. When everyone understands where they
are going, what problems need to be resolved and where projects are in terms of
milestones, both speed and quality increase. When people are uninformed,
confused or given misleading direction, errors occur and work slows.
·
Have the courage to
change. Speedy leaders with high quality
output became the champions of change. They were excellent at marketing
projects, programs or products. Slow leaders who produce poor quality resist
change.
·
Consider external
perspectives. Leaders who were consumed with an
internal focus on the organizational problems and concerns tended to miss big
shifts in the environment and customer’s preferences. This led to speed
reductions and quality problems. The leaders who were top in speed and quality
are skilled at looking outside the organization and identifying trends and
changing mindsets early.
·
Inspire and
motivate others. These leaders have the ability to
inspire people in the organization. Direct reports felt they were on a mission
and that what they did was essential. Direct reports of uninspiring leaders
feel that they just have a job and they work for their pay. Most leaders know
how to push other to accomplish objectives but these leaders know how to create
a pull where others wanted to deliver both excellence and speed.
·
Innovate. Leaders with fast execution and high quality were
always looking for a fresher, faster, more efficient way to deliver. Having a
desire to increase both speed and quality using standard procedures is often
impossible and therefore requires new innovative procedures. Leaders who look
for innovative solutions find a way to have the best of both worlds.
An increasing number of roles require high speed combined with high quality.
We believe this achievement is possible.
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