Valuing lessons from failure is an important mindset in business, but in reality most teams aren’t prepared to fail. The consequences of failure can breed negativity and erode team culture, destroying productivity, preventing future success, and masking the very lessons that make failure valuable in the first place. In our 25 years of experience working with hundreds of teams in the worlds of elite sport, business, not-for-profit, Government and Academia – including the last 4 medal-winning Canadian Women’s Olympic hockey teams – we’ve observed the characteristics that define resilient teams, and the steps they and their leaders take to use failure as a catalyst for growth and high performance. In this keynote address, Third Factor CEO, Dane Jensen, will draw on the lessons we’ve learned from the Olympic athletes we’ve worked with to inspire you with new ideas to foster resilience on teams in your organization by examining four characteristics of resilient teams.
SORRY WE MISSED YOU

This event has passed, but it won’t be the last. Be the first to know about future events from Third Factor by entering your information below.

The presentation features the voices of athletes and coaches who have persevered in the face of failure and tremendous pressure, including: Participants will learn: You should attend if: Set against the backdrop of one of Toronto’s newest and most exciting innovation spaces, OCAD U CO, participants will enjoy great peer networking and a delicious breakfast. About the presenter:
Dane Jensen is a cross-pollinator between the podium and the boardroom. As CEO of Third Factor, he works every day to enhance Canada’s business and athletic competitiveness through better strategy and stronger leadership. His clients include RBC, CIBC, WestJet, University Health Network, the Canadian Paralympic Committee, the Canadian Sport Institute Ontario, and Right To Play. He has worked as an advisor to Senior Executives in 12 countries on 5 continents, he contributes regularly to The Globe and Mail on the topics of strategy and leadership, and was previously an Associate Partner at the strategy consultancy Monitor Deloitte.
About the venue:
Just minutes from Union Station on Toronto’s waterfront, OCAD U CO is a state-of-the-art 14,000 square foot studio designed specifically for collaborative innovation work. The space features is home to 20 resident design-led startups, a suite of formal and informal meeting spaces, and is the setting for our program, How To Lead Innovation, which we run in partnership with OCAD U CO and the Smith School of Business at Queen’s University.
  Reserve your spot:
SORRY WE MISSED YOU

This event has passed, but it won’t be the last. Be the first to know about future events from Third Factor by entering your information below.

Performance Coaching Inc., a leadership development firm that helps clients in business, academia and elite sport build resilience, collaboration and coaching skill, is changing its name to Third Factor, effective immediately. Third Factor CEO Dane Jensen says: “As a pioneer in bringing coaching skills to the business world, the name Performance Coaching has served us extremely well since our founding in 1991. And while we continue to lead in the area of coaching our mandate is broader now. Resilience is a huge focus, as is collaboration. The new name is reflective of that broader mandate and how we see our role in helping others grow and develop.” The name Third Factor is derived from the psychologist Kazimierz Dabrowski, who believed that beyond nature and nurture there was a ‘third factor’ –the role a person plays in their own growth and development. Third Factor Founder and author of Ignite The Third Factor, Peter Jensen, says: “As a leader, the third factor is what you are targeting when trying to get someone else to achieve their full potential. This has been the core principle of the work we’ve done as a company over the past 30 years, and Third Factor is a perfect name to represent the past and future of this organization.” Third Factor Partner Melissa Quinn says: “It is important to us to have a name and visual identity that reflects how we provide skills for the future of work. The Third Factor brand not only speaks to the ideology behind what we teach; it also speaks to our role as innovators who inspire people to make transformational changes in the way they work and lead others.” For more information, visit thirdfactor.com, and follow Third Factor on LinkedIn and Twitter. “I was covering a colleague’s position while she was on maternity leave. She has now returned and we have negotiated shared authority and management roles. Co-management is not easy. Now we have to see where our roles intersect and what makes us distinct. It was so much easier to be the sole operator and know exactly what my role was and what I was accountable for. I think that is the hardest part. How do we decide about accountability?” In our workshops, we constantly talk about the importance of clarity. Nowhere is this more important than in areas of joint responsibility. My preferred starting point for clarity in these situations is the basic building block of management responsibility: the decision.

First and foremost, you and your colleague must be on exactly the same page with respect to what the key decisions are that are made in the course of your work, and then you need to have an open and frank discussion around who has the right to ‘make’ the decision vs. who has an ‘input’ right (I.e. They need to be consulted, but ultimately the decision is not theirs to make), or even just a ‘notify’ right (I.e. They must be notified once the decision has been made).

A lot of the issues in shared roles come when people believe they have a make right, but actually they just have an input right, or vice versa. Agreeing on this up front can diffuse a lot of potential tension.

It is very tempting to establish ‘joint make’ rights for key decisions—i.e. we both need to agree to make the decision. In my experience, ‘joint make’ rights cause some significant issues in the real world, and often lead to paralysis. Even though it can be very painful up front, it is better to align on one person who ultimately has the responsibility for making each decision. These ‘make’ rights would ideally be aligned with the unique knowledge, skills, etc. that you bring to the table. Sometimes this may not be possible, but try to use a “joint make” very sparingly.

One way to think about making this real is in going through the core job responsibilities you’ve outlined in your job description and really honing in on what the choices implied in each. For example, let’s say one element of your job is to “oversee the creation and implementation of a comprehensive communication strategy”. Within this task you might have 3 key decisions: 1) what core messages are we highlighting to which audiences, 2) what budget are we allocating for communications, 3) what media mix are we going to use. What you want to do is isolate the decisions that are likely to be hotly contested, and make sure you have clearly laid out decision rights with your partner. For example:

Once decision rights are clarified, accountability is easy: you are accountable to your supervisor for the decisions over which you have a ‘make’ right, and your accountability as colleagues is that you will effectively provide for, and really listen to, input across all decisions where you have agreed that the other person has input rights. Allocating decision rights is an exercise in power. Prepare for the discussion with your colleague to be a challenging one. If you push through it, however, you will have a solid foundation upon which to build a productive, collaborative relationship.

Click here to download this article as a PDF.