Leadership in Financial Management CIPFA NORTH WEST

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Leadership in Financial Management CIPFA NORTH
WEST NORTH WALES REGIONAL CONFERENCE 10
OCTOBER 2008Adrian PulhamCIPFA Education and
Training Director
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Leadership in Financial Management

• Creating Public Value
• The Strategic Triangle
• Adaptive Leadership
• How We Learn to Lead

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Leadership for What?Creating and Sustaining
Public Value

• What the public values
• What adds value to the public sphere
• Exchange, political, economic and social
• value

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Public Value and the Strategic Triangle

• A framework linking
• - strategic inputs and outcomes
• - private choice and public value
• - three imperatives for success
• (clarity of purpose, coalition of support,
  operational capacity)

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The Creation of Public Value

• State, private sector and/or civil society
• Often co-created in the subtle relationship
  between public professionals and their clients
  and stakeholders

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Where is Public Value Created

• At the front line, where there is the closest
  interaction with clients, citizens, communities
  and the changing environment
• Often by inter-organisational partnerships and
  networks (dilemmas of steering, accountability
  and measurement)

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The Strategic Triangle

• Authorising Environment
• Operational Capacity
• Public Value

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Developing Adaptive Leadership

• Traditional Theories of Leadership
• Trait (born not made)
• Contingent (cometh the hour, cometh the leader)
• Situational (change management)
• Constitutive (leadership rhetoric and discourse)

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Redefining Leadership

• Much theory is context blind, the reality is
  different
• Leadership differs in different contexts, places
  and times
• Sensitivity to environmental change and option
  appraisal

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Modern Leadership

• Between different sectors
• Between different levels of government
• Between professions
• Between producers, users and communities

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Capabilities for Modern Leaders

• Communication
• Judgement
• Transactional Leadership
• Transformational Leadership
• A paradoxical blend of personal humility and
• professional will (Lincoln not Patton)

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Adaptive Leadership

• Get on the balcony
• Distinguish and park technical problems
• Identify the adaptive challenge
• Create a holding environment
• Regulate the distress
• Maintain disciplined attention
• Give back the work
• Protect the voices of leadership from below

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CIPFA Leadership Development

• The Role of the Dof - Publications
• Leaders in Finance Development Programme
• Leaders in Finance Periodic Workshops
• CIPFA/Warwick Senior Managers Qualification
• Access to Warwick MPA
• CIPFA/IoD Diploma Collaboration
• CLC Goodpractice Leadership Materials
• Supporting Tools, e.g. FMM, Governance Standard

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Questions and Discussion