"Ten Years Later" is a series of one-page narratives that provide a glimpse of "what happened next" in the lives of a group of members of the INSEAD MBA graduating class of 2002. The narratives, recounted by female and male graduates of different nationalities and aspirations, give students a flavour of how life can turn out for people who have 'sat in their seats' before.
In May 2010, a year after becoming President and Managing Director for Southern Europe at Discovery Inc., Marinella Soldi faces a make-or-break meeting with Discovery's global Executive Committee. Her region is about to lose half of its revenues in a contract renegotiation with Sky Italia. Hired from outside the organization with a mandate to turn the region around, Soldi energizes the local team and proposes a new strategy that involves bypassing Sky's content distribution and broadcasting some channels through Digital Terrestrial Television. The move represents a radical change to Discovery's business model, from B2B to B2C, and means abandoning the partners with whom Discovery has grown into a global business. This implies not only a digital transformation but changing the corporate culture. This case illustrates the interplay between digital transformation, talent management, and efforts to encourage diversity and inclusion. The focus is on challenging the distinction between strategic and cultural change. To change business strategy often involves confronting cultural assumptions and biases that keep legacy strategies in place. External hires, up-and-coming talent and members of minority groups are seen as more able to do something different, because they are different and unencumbered by established traditions. Yet because they are different they are subjected to stronger scrutiny and push-back. Despite being hired to confront longstanding traditions, they are pressured to conform to them.
Companies invest heavily in grooming star talent for leadership--but most of them haven't figured out how to manage the growing population of employees who care deeply about their partners' or spouses' careers at the same time that they want to advance their own. As a result, many high potentials are heading for the nearest exit. The author has seen this happen again and again in her research on dual-career couples in tech, health care, professional services, and other industries. She says the crux of the problem is that companies tend to have fixed paths to leadership roles, with set tours of duty and rigid ideas about what ambition looks like. That creates flexibility and mobility challenges for employees--and recruitment and retention headaches for employers. Organizations must adopt new strategies for managing and developing talent. They can remove barriers to advancement by allowing people to develop skills and networks in more-creative ways--through brief "job swaps," for example, or commuter-leader roles. But often a culture change is needed. Instead of stigmatizing flexibility, companies must learn to embrace it.
High potentials being groomed as future leaders would appear to have it made--but their seemingly good fortune can turn out to be a curse. As they strive to conform to company ideals for leadership, they often bury the qualities that made them special. They become reluctant to take risks, lest they prove themselves unworthy. This "talent curse" can hinder personal growth, performance, and engagement--and even push people out the door. If you are on a high-potential track, watch for three signs of trouble: (1) A shift from using your talent to constantly trying to prove it; (2) A preoccupation with your image, which feels increasingly inauthentic; and (3) The feeling that your present work is empty and only future opportunities will be meaningful. Then take these steps to break the talent curse: (1) Own your talent; don't let it own you. Balance others' expectations with your needs and learn to accept help. (2) Bring your whole self to work. Channel the darker sources of your talent. (3) Value the present. View your current work as a worthy destination, not merely a stepping-stone. The talent curse may be painful, but grappling with it is an important part of learning how to lead.
""Ten Years Later"is a series of one-page narratives that provide a glimpse of "what happened next" in the lives of a group of members of the INSEAD MBA graduating class of 2002. The narratives, recounted by female and male graduates of different nationalities and aspirations, give students a flavour of how life can turn out for people who have 'sat in their seats' before. "
The Katelyn Neilson, MBA case follows the personal and professional development of a young "high-potential" within an intensive one-year, full-time MBA programme. Katelyn's background and resume, significant excerpts from her diary, and an evocative picture drawn to visualize her major dilemmas, provide vivid illustrations of the unfolding of a major life transition.