Leadership Execution and Action Planning (LEAP)
Course Number 2031
27 Sessions
Exam
Leadership Execution and Action Planning (LEAP) focuses on the tenacity, tactics, and grit required to influence action across a wide range of organizational challenges. While traditional leadership courses contemplate “what” is leadership, LEAP focuses on “how” leaders must take action at critical moments to shape their organizations and their careers. The course helps students transition from a classroom understanding of leadership to the often-messy reality of rolling up one's sleeves and getting things done. It takes the point of view of a leader who: (1) is new to a situation, (2) must take action, and (3) is asked to operate within a system that she or he may not fully control or has not designed.
New leaders often stumble when tasked with closing the gap between a desired end-state and executing an action plan. LEAP is designed to give students pattern recognition and practice in developing action plans across a variety of challenges they are likely to face immediately after graduation, including: transactions (mergers), turnarounds, crisis management, scaling, reinvention, and career action planning.
The course will develop skills in diagnosing, designing, and executing complex actions. It forces students to contemplate the managerial tradeoffs and constraints they will face when tasked with achieving results.
An additional underlying theme of the course is on personal failure, highlighting the major missteps and early career challenges that leaders fall into. The course asks students to evaluate their own blind spots and shortcomings regarding leadership style, execution management, and career development. Through the lens of case protagonists at various stages of their careers, LEAP gives students the opportunity to practice identifying common execution traps and missteps.
LEAP is an integrated leadership course, building on concepts from organizational behavior, strategy, and general management. It brings these themes together in case discussions and exercises that focus on the personal decisions managers face in high-performance, high-stakes, and career-defining moments. Students will examine leaders in private and publicly owned companies, family businesses, and non-profits. The course will analyze the successes and setbacks of protagonists in each case, nearly half of whom will be present in class to discuss their views and, in some class sessions, to solicit student feedback about their ongoing execution challenges.
Course Objectives
LEAP has the following key learning objectives:
- To enable students to get things done successfully.
- To understand the risks, trade-offs, and constraints leaders face when tasked with achieving results under conditions where they have limited skills, time, and resources available.
- To develop the leadership capabilities and interpersonal skills required to become an effective “implementer /operator.”
Underlying Themes and Goals
The industry, organization, and protagonist settings in the course are highly diverse. Cases will focus on protagonist perspectives ranging from the CEO to initial-entry positions (i.e., of the type that many students may experience soon after graduation). It offers a manager’s perspective on how to drive program execution.
This course will develop implementation and project management skills. A critical skill required of program managers is triage – developing and assigning priorities based on their urgency and importance. Successful execution also requires making tradeoffs given constraints of time, capital, talent, and political capital. LEAP will introduce students to several general tactics, common traps, and tools related to execution.
This course will focus on execution. The course focuses on the alignment of tactics required to drive performance across a range of business activities. Case Students will develop implementation approaches for existing business problems in each module. The course will illustrate how difficult projects get done, how policies and procedures get carried out, and how improvements are delivered.
This course provides frameworks to guide the process of developing and implementing action. LEAP demonstrates “how” to lead implementation efforts – from diagnosis to design to execution. It presents several frameworks to help students with various action-planning challenges:
- How to determine whether the “agreed upon” goal is actually an “achievable” goal.
- How to evaluate tradeoffs among resources.
- How to manage stakeholders in positions of power, both formal and informal.
- How to create alignment among the culture, formal organization, people, and critical tasks.
This course will emphasize learning from failure. A running theme throughout the course is overcoming adversity and learning from personal failure. Students are challenged to grapple with their own prior failures while analyzing management teams that have experienced major setbacks. Each module includes at least one business case where the leadership team failed to achieve their goals. Students will discuss how to manage failure, seek feedback, and make mid-course corrections. The intent is to develop the student’s ability to learn from failure and discuss how to overcome early setbacks in a career. Frequent protagonist participation will also provide students with access to seasoned executives who will discuss their biggest execution failures.
Course Module Structure
The course is organized into six modules that illustrate execution challenges where leaders may have a sound strategy, but “getting things done” is difficult and results may fall short of desired outcomes. While there is some overlap among modules on the course frameworks for action planning, the distinct lessons of each segment of the course are outlined below:
Module 1: Transactions Business transactions, particularly post-merger integration, are among the most difficult of leadership challenges business managers face in their careers. Even seasoned merger experts make catastrophic (and career-sabotaging) mistakes while leading through these complex periods of change. The transactions module discusses the common leadership pitfalls of merger integration, highlights management styles that seem relevant in successful merger leaders, and it offers approaches that can serve as a starting point for leading a merger process. Other topics include:
- Rigorously designing and executing integration.
- Choosing the right leadership team.
- Addressing conflicting organizational culture issues and retaining key talent.
Module 2: Turnarounds in For-Profit and Non-Profit Organizations Turnarounds represent a high-risk execution challenge for leaders. Leaders must make decisions about what to cut, who to cut, what to keep, and how fast it all must happen. This module focuses on the common mistakes, management styles of successful turnaround leaders, and action plans that can serve as the starting point for a leader tasked with managing a turnaround. Other topics include:
- Evaluating the conditions for change.
- Creating and communicating a turnaround narrative.
- Protecting the base business while changing direction and creating forward movement.
Module 3: Crisis Building on the turnaround module, here we examine how the added elements of restricted time and lack of information combine to create unique challenges for companies in crisis situations. Unlike a turnaround, a crisis can be a catastrophic event, or a series of seemingly small events, that often surprise leaders. Most organizations are not designed to prevent or manage crises; it is not a question of if a crisis will happen, but when, and what kind. Other topics include:
- Examining tradeoffs between taking immediate action and acting with an untested approach.
- The challenge of leading in situations where confusion and chaos often exist.
Module 4: Scaling Expansion is inherently risky to an incumbent organization’s existing architecture. Scaling a business, particularly into new geographical markets or product categories, involves addressing cultural, administrative, and economic tradeoffs. Successful leadership in these scenarios requires managers who are capable of action planning for growth, as well as exerting control and influence across cultural, political, and economic divides. Other topics include:
- Developing an organizational architecture that supports the expansion into new product-classes, market categories, and geographic regions.
- Maintaining an organization’s culture and values while attempting to professionalize and create formal systems and structures.
Module 5: Reinvention Reinvention is a process whereby established organizations respond to external environmental shifts that threaten to upend their core business model, technologies, cultural values, and/or operational norms. Reinvention represents a managerial paradox: executives must both preserve and change aspects of the business that once made them successful but could render the organization obsolete in the near future. This module will examine several mature businesses that faced a near collapse and how their leaders attempted to redefine the organization to attract new consumers and markets. Other topics include:
- How innovations affect mature organizations and how to respond to technological shocks.
- How firms both preserve and change elements of “what we do” (their strategy) and “who we are” (their organizational identity).
- How to attract new talent and infuse confidence back into a workforce that has suffered a significant downfall.
Module 6: Action Planning Your Career The career module focuses on analyzing career paths, tradeoffs between personal ethics and success, and, importantly, navigating failure. The module provides students an opportunity to contemplate their career objectives. It provides students with examples of overzealous life planning and the unforeseen interpersonal dilemmas that can derail a career plan. Additional key topics are:
- The tradeoffs between mapping career goals and maintaining work-life balance.
- Career resiliency and overcoming early failures after graduation.
- Individual action plans related to career transitions that students will face in the next 5-10 years.
Grading and Evaluation
Course grades are based on three components: class participation, written action-planning exercises, and a final exam.
- Class participation comprises 45% of the grade. Participation will be evaluated for both frequency and quality. As part of the participation grade, students will also submit a short written analysis of a failure they experienced in their professional endeavors prior (or during) their time at HBS. The essay will describe a significant failure, discuss lessons learned from the failure, and how the student dealt with the aftermath. Several individuals (4-5) per section will be chosen to present their failures and the lessons learned to the rest of the class at the end of the semester.
- A midterm written exercise that outlines an action plan, along with short action planning write-ups throughout the semester, offer opportunities to practice and apply course frameworks. The midterm and write-ups comprise 20% of the grade.
- A written final exam will be scheduled during the exam period following the last day of class. It will mirror the format of the midterm written exercise. Students are not required to be on campus to take the exam. The final comprises 35% of the grade.
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