Category: Change

Download the free ebook: Nine drivers to accelerate your strategy

Understand how high-performance organisations activate their people to accelerate change and overcome strategic challenges.

 

There’s a reason why 70% of strategic change initiatives fail to realise their original objectives. It’s the human side of strategy and change that time and again is the determining factor.

Working with organisations to activate their people to deliver significant change strategies over the last 20 years, we’ve identified the nine key drivers which accelerate activation, engage colleagues in strategic challenges and unlock discretionary effort and ingenuity.

These range from overcoming the fear, confusion and apathy often associated with change, through a clear and compelling narrative, to ensuring leaders are aligned and championing the strategy, avoiding conflicting points of view and diversion of focus and effort. All nine are explored in this ebook. 

How this ebook will help:

  • Clear, summarised and easily digestible list of the nine factors that need to be in place for strategy to be effectively activated
  • Outlines the common situations when strategy activation is critical
  • Provides a framework that can be used to assess and establish what you need to prioritise to activate your people in the journey you are on 

Complete the short form to immediately download your copy

Watch on-demand: Two inspirational days of masterclasses and discussion

To celebrate 20 years pioneering the transformative power of storytelling to execute strategy, accelerate change and unlock extraordinary performance, we hosted a series of bite-sized masterclasses from master storytellers sharing the art and science of storytelling – these are now available to watch on demand.

 

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Agenda

Agenda Tuesday 23rd May

 

View full session and speaker details here

 

 

  • 1pm BST – Opening keynote: organisations of the future will be story-driven
  • 2pm BST – Storytelling: the secret weapon for change
  • 3pm BST – Immersive experience: how to make your people the hero of your story
  • 4pm BST – The nine drivers to accelerate the activation of your strategy
  • 5pm BST – A strategic writer’s perspective – how to develop and activate your organisation’s story

 

Wednesday 24th May

 

View full session and speaker details here

 

 

  • 1pm BST – How creative concepts have the power to activate entire organisations
  • 2pm BST – Creating speeches that move mountains
  • 3pm BST – Increase your leadership influence and impact through storytelling
  • 4pm BST – Activating your organisation using story-driven nudge behaviours
  • 5pm BST – Closing reflection: stories that shape the 21st Century

 

Complete the short form to access all on-demand content

 

Why activating your people is critical for successful M&A

Organisations pursue mergers or acquisitions for a variety of reasons: entry into new markets, plays for innovation or new talent, and customer-base expansion to name a few. In the current turbulent environment, we see that many deals are focused on productivity rather than pure financial objectives. With that core objective in mind, the ability to rapidly activate the optimisation strategy is critical to M&A value creation.

Whatever their nature, our research with Mergermarket confirms that mergers and acquisitions are notoriously difficult to execute effectively. One of the common reasons for failure is that leaders underestimate the importance of – and focus too little on — the people and culture factors in the equation. This is even more heightened when the purpose is to achieve operating synergies, which can be put at risk through underperformance and talent attrition because employees are unclear on the role they play, fearful of change and in turn become demotivated, quietly quit or loudly leave.

Featuring insights from senior M&A executives at major global blue chips around the world, our eBook shares findings gathered through a survey of 100 senior executives.

Featuring:

  • Why people and culture matter in M&A, and what happens when they are neglected
  • How to build cultural alignment and engagement
  • Why resetting the narrative is key and insight into the story-driven methodology The Storytellers has successfully employed to activate employees in post-merger integration strategies

Complete the short form to immediately download your copy

Future-proofing your organisation in 2022

How leaders will grow resilience and relevancy through storytelling

Every day, we see firsthand the complex challenges that impact how people perform, and the opportunities leaders must seize to ensure their organisation remains relevant and resilient for years to come. 

In our experience, to ensure your business can adapt to any number of potential new scenarios, your people must be able to quickly make sense of the situation they face and feel empowered to take the right course of action to resolve it. 

In today’s non-linear world, rigid long-term plans can prove a burden or soon become irrelevant. Therefore, a strong compelling narrative will ensure everyone in your organisation understands their role and the purpose of what they do – even if the business goal or strategy has to quickly shift. This narrative can help you to establish the right culture to combat the aforementioned brittleness, as well as encouraging innovation and creativity so that your organisation can remain agile and maintain competitive advantage. It can also be used to help leaders build connection and belonging to help people to overcome their anxieties.

Featuring insights from members of The Storytellers team, our eBook on future-proofing your organisation considers how leaders can unleash the power of their organisation’s story to create belief and shift mindsets in the face of the many challenges and opportunities that lie ahead.

Explore how to:

  • Accelerate your ESG strategy
  • Embed hybrid working
  • Elevate your EVP
  • Sustain digital transformation
  • Lead with empathy

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Accelerating ESG strategy – what future story will your organisation create?

There’s no escaping it – environmental, social, and governance (ESG) strategy is now a critical part of the boardroom agenda. Among the business leaders working with The Storytellers, we’ve noticed a clear shift in mindset and response too. 

Underlined by the growing climate crisis, and further highlighted by the COVID-19 pandemic, ESG has gained greater prominence because of how it’s seen by stakeholders and investors as a way to safeguard organisations against future risks to the global economy. It focuses on the areas of business that matter most to employees and, as highlighted in the latest EY Future Consumer Index, provides opportunities for businesses to create value and grow revenues by responding to the trend for sustainable consumption. 

Today, as business leaders around the world also come to terms with the practical implications of the outcomes of the COP26 summit – and the monumental task of decarbonising the global economy – there is a clear need for organisations to quickly turn their ESG strategy into meaningful action. Investors want clarity about the initiatives companies are undertaking, the reporting they are doing, and the returns they will generate. Brands around the world will increasingly be looked at and recognised for their leadership towards Sustainable Development Goals (SDGs), and employees are pursuing purpose at work. In short, taking no or limited action will simply become untenable. 

Ahead of us lies one of the biggest changes in mindset and strategy that the world has ever seen – but for businesses to deliver on this at the necessary pace and scale, they will also need to leverage the power of their people to make change happen. Leaders need a powerful narrative to begin to activate a movement within their organisations and around their brands. A narrative that connects people to the reasons for change and helps them to understand their role in achieving these bigger, better ESG outcomes for the benefit of everyone.

Talent and purpose

What ultimately brings us meaning and purpose is contributing to something larger than ourselves. Just like the climate change movement, the workplace is made up of thousands of stories of endeavour and achievement, but also disengagement and failures. Crucially, these stories shape our belief about the organisations we work for and the leaders who guide us. A strong narrative that articulates the collective purpose, the journey an organisation needs to take, and what success looks like, provides a vehicle through which we can play out our own personal ambition. Ultimately, top talent will want to be part of meaningful journeys that they truly connect with.

Turning strategy into action

To move their people from passively understanding the strategy to being compelled to act in service of it – leaders must identify ways to build ownership. People are more likely to take positive action if they feel they’ve helped to create it. Empowering teams and employees to identify ways in which they can contribute to a strategy unleashes great rewards.

Employee engagement and accelerated change

Whatever your views on a “disengagement crisis” one thing is clear –  employees that are inspired by their work are happier, more productive and are more likely to achieve remarkable things. With the scale of change ahead, this is the moment for leaders to challenge themselves – is engagement enough? Our experience shows that if leaders can find a mechanism to unite their people, inspire them and provide a clear plan, they can accelerate change and transform performance.

Brand perception and leadership legacy

Ultimately, leaders and organisations will be judged on this moment. Aside from taking action to benefit or mitigate the reputational risks to their brand, what was their wider response? What was the story of their organisation? How did they approach change and how successful were they in contributing to one of humankind’s greatest challenges?

If ever there was an opportunity to write a story for the ages – this is it.

How the stories of climate change can inspire business transformation

Climate change as a social movement has transformed in recent years, compelling increasing numbers of individuals, communities, nations and governments to take action. Key to this success has been the creation and communication of stories that have won hearts and minds to drive change.

Stories – used in the right way – have the power to transform cultures. Within large businesses, a clear, compelling narrative helps your people to become more understanding and responsive to even the most complex of challenges.

As the early stories of climate change have demonstrated, business leaders shouldn’t assume that by just focusing solely on the facts, it will be enough to bring people on your change journey. So what key lessons can we take away from the biggest stories at the heart of the climate crisis?

Evoking emotions has a long-lasting impact

If the story of your organisation connects people on an emotional level to your purpose, values and goals, it has the power to unite everyone behind your mission and motivate them to work in new ways.

In 2017, the second BBC ‘Blue Planet’ series continued to educate us on the wonders of the world’s oceans. However, it was the penultimate episode which focused on pollution that would go on to establish its legacy. In 50 minutes, narrator David Attenborough – a master professional when it comes to the art of storytelling – dramatically changed the mindset of the millions who tuned in, by showing in graphic detail the impact that microplastics are having on the lives of the marine life.

It led us to rethink our reliance on single-use plastic and compelled governments to take action by introducing a plastic bag tax in many countries. Even today, for those who watched that episode, the guilt wrought every time we pay for a new plastic bag demonstrates the long-lasting impact an emotive story can have on us.

Don’t dwell on the ‘doom and gloom.’ You need to complete the narrative

When there is too much focus on the challenge, people will remain reluctant to act without clarity on how it can be overcome. As we have previously experienced with climate change, when the narrative becomes too upsetting to follow, or the problem appears too great to solve, over time people will still disengage – regardless of its urgency or importance. 

The groundbreaking TV documentary series ‘Years of living dangerously,’ first aired in 2014, provided poignant first-hand reports on those affected by climate change – from the damage wrought by Hurricane Sandy to the upheaval caused by drought in the Middle East. Series One was emotive; it educated millions and even won an EMMY, but it didn’t open our eyes to the growing number of climate change solutions in development. The show’s Executive producers also realised this, and to keep people engaged throughout the second series, they shifted the narrative from ‘this is happening’ to focus on ‘this must happen next’. 

In his latest book ‘A Life on our Planet’, Attenborough also shows us the impact of a complete narrative. It begins with his amazing backstory as a pioneer in television and natural history film-making, while witnessing first-hand the destruction of the natural world. It then explores the hard reality of what is likely to happen if we don’t make radical changes. But crucially, in the final section, the narrative moves to a new ‘vision,’ as he outlines the journey we can all go on to save the planet and improve our lives. This rollercoaster structure of contrasting emotions not only makes the book a gripping read, but more importantly, it provides hope and invites people to play their part in collectively influencing the future.

Within a large organisation, establishing a complete narrative will motivate your people to pursue the best course of action to achieve your goals. In turn, sharing stories of successful outcomes then helps to build the belief that ‘change is happening’.

The powerful are not always in positions of power

Having influencers or change champions who are prepared to ‘spread the word’ is essential to any cause. Working not from traditional positions of leadership, they have the ability to unite people because as they have already gained the trust of their followers or peers.

Those campaigning for action against climate change are predominantly not those in traditional positions of power. Accessible across a variety of platforms, social media, blogs or podcasts, these individuals convey a notion of real possibility to their audience. For example, whether or not you agree with the tactics and actions of Extinction Rebellion, its proponents are such a broad cross-section of society, they’ve proved highly effective in passing on their message.

Leaders have to role model change

Unlike David Attenborough, Greta Thunberg doesn’t have decades of professional broadcasting experience, but what she does have is an instinctive understanding of how she and her actions can create a story that is arguably more impactful than any words. 

As Thunberg shifted from the role of influencer to a leader in the global fight against climate change, she’s been able to influence people – not through the stories she told, but the stories she has inspired others to create. From being the teenage influencer sitting outside the House of Parliament in Stockholm with her homemade banner to the trips she made back and forth across the Atlantic by sailing boat in order to speak to world leaders without having to leave a carbon footprint, her public life is a story. Yet her story has become a metaphor for how older generations are destroying the future for the young.

As a business leader, if you too are role modelling critical behaviours within your organisation, you will create stories that inspire others to follow your example. Storytelling will always be a fundamental trait of human behaviour. Use it to your advantage and it will help to navigate your organisation through even the greatest of change journeys.

Why change fails: our top ten

It has widely been reported that 70 per cent of change programmes fail. In a world in which technology, business and market demands are changing faster than ever, this is unacceptable.

A business that is unable to evolve because it’s too deeply entrenched in its existing processes, systems and behaviours may find itself ill-equipped to manage the demands of the future.

We’ve had the privilege of advising leaders from over 200 major organisations around the world. As a result, we’ve recognised a number of patterns that begin to explain why change can be so difficult. Explore them in full by downloading our ebook today.

Overcoming key leadership challenges in 2021

The number of new opportunities and challenges created by the pandemic shows no sign of dwindling. Businesses that can respond to new demands on their markets will always be best equipped to navigate risks and remain sustainable in the long term. 

The COVID crisis has fundamentally changed many aspects of our lives, not at least how we work, and successful business leaders will adjust to these seismic societal shifts by staying nimble, flexible and creatively future-proofing their organisations.

In our ‘Stories from the C-suite’ series, we talk to leaders, who we believe are expert storytellers, about the challenges of leading through change and how they will approach the next stages in their journey.

Each webinar provided valuable takeaways on how leaders can overcome both the common and more unique challenges large organisations face at this time. 

As the series takes a break during August and September, I invite you to catch up or watch back and reflect on the conversations we’ve had since the beginning of the year.

Stories from the c-suite Rabobank

WATCH: ’Future of Food’ with Will Jennings – CEO, UK at Rabobank 

Will shared how the global food crisis has come to drive Rabobank’s mission and purpose. And why storytelling and narrative are important to leaders looking to drive long-lasting change.

Stories from the Csuite CFA Institute

READ: Transformation in Asia’ with Nick Pollard – MD APAC, CFA Institute

Accompanying this webinar is a free guide outlining the skill set needed for leaders to unlock business transformation in Asia.

Stories from the C-suite AXA Health

WATCH: ’The Future of Health’ with Tracy Garrad – CEO, AXA Health

We explored how Tracy dealt with the challenges of the pandemic in an industry at the forefront of the crisis. We also discussed how the business has adapted and what healthcare will look like in the future.

Stories from the C-suite: Noble Foods

WATCH: ’Food for thought’ with Duncan Everett – CEO, Noble Foods

From a unique position of having experienced and led two different food companies during the pandemic, we were keen to hear what Duncan had learned and what he will focus on moving forward.

Stories From the Csuite - Hostelworld

WATCH: Navigating Crisis’ with Gary Morrison – CEO, Hostelworld

Arguably one of the hardest hit during the pandemic, the travel industry has been dealt consistent blows with no respite. We discussed with Gary, a veteran of digital travel companies, what Hostelworld did to ensure that it had a roadmap to recovery, and how it plans to thrive when normal travel patterns resume.

Stories from the C-suite Hays

WATCH: ’Talking Talent’ with Alistair Cox – CEO, Hays plc

Forces of change are sweeping across the recruitment industry, and we wanted to know how Alistair is navigating this tumultuous but exciting landscape. He also shared plenty of insights on what the future of recruitment might look like.

Stories from the C-suite: Pheonix Group

WATCH: ’Facing The Crisis’ with Andy Briggs – CEO, Phoenix Group

He was a new CEO, taking up the role during the early stages of the pandemic – we wanted to know how Andy was able to navigate Phoenix Group, the UK’s largest long-term savings and retirement business, through the toughest of times.

Follow our LinkedIn page or sign-up to our newsletter for notifications about future ‘Stories from the C-Suite’ webinars. If you have any suggestions of leaders you would like to hear from or ideas on topics you would like us to cover – we would also love to hear from you. Please email us: connect@thestorytellers.com

It’s time to change the narrative

Oh, 2020: the year in which ‘unprecedented timesbecame our national catchphrase. As we pick up the pieces from the past year and look to the uncertain terrain of 2021, there’s no escaping the dominant narrative that will govern our memory of the last twelve months.

But here at The Storytellers we know that building belief in change is the first step to a better future; and that belief-building starts with stories of positive change.

So in defiance of the bad and in celebration of the good, here are three wonderful stories from the past year that fill us with hope for the next:

Captain Sir Tom Moore, the 99-year-old army veteran who pledged to walk 100 lengths of his garden to raise money for the NHS, became an international sensation raising over £13m. His story, in the depths of the pandemic and the first lockdown, spread hope and positivity in a time when both were really needed.

Scientists worked together to deliver a vaccine in record-breaking time. Almost 200 vaccines have been put into development, showing the power of collective action in a crisis. A crisis can sometimes bring out the best in people, uniting them behind a common cause to work out a solution together.  

The US saw Kamala Harris voted in as vice-president in November. Breaking gender and racial boundaries, and inspiring hope for women across the world. Once elected, she said: “While I may be the first woman in this office. I will not be the last, because every little girl watching tonight sees that this is a country of possibilities.”

We are always looking out for positive stories of change, and we have heard no shortage of them coming out of the organisations we work with during 2020. We saw organisations dramatically accelerate aspects of their transformation in months rather than years. We watched as employees came together as we launched our new virtual story-driven events, reaching 100 per cent more employees than we could do before. We saw one company achieve its first year of growth since 2008.  

This was the year when we came together to stay positive. We clapped on our balconies and in our gardens for the NHS. We tried out new things and became teachers for our children. We overcame obstacles and learnt to balance working from home. Pollution improved, we got healthier and spent more time outdoors appreciating nature. We met on Zoom and Teams (and we’re still constantly on mute). Perhaps most importantly, we stayed connected whilst apart. 

At The Storytellers, we celebrate the stories that move more people to do great things, however big or small.

What story will you tell in 2021?