Traditional leadership development models fall short of reflecting leadership development in 21st-century business. Based on this shortcoming, I have developed a new framework to make leadership development training effective in a modern-day business environment: The S-Curve Framework for Leadership Development. This is an effective tool to help you discover your authentic leadership and empower you to lead, whatever your position in your company, whilst remaining true to who you are. It is also a tool to help you stay relevant and build the behavioral and psychological skills required to be responsive, agile, creative and assertive in a rapidly changing environment.
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- A new model for leadership development in the 21st century Hult Blog.
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As a consequence, this document will guide you to successfully stay on track as a leader, professionally and personally, in alignment with what is most important to. Besides the original meaning of the word, the S-Curve framework I developed is a model which reflects the six core areas of personal development. Using the S-Curve Framework for Leadership Development will help your become a leader of personal disruption. Using the S-Curve Framework for Leadership Development will help your become a leader of personal disruption while inspiring performance and helping others head into a common direction.
Grow your leadership capabilities with an MBA in international business at Hult. To learn more, take a look at our blog Why soft skills are important for global leadership , or give your career a boost with our Masters in International Business. Download a brochure or get in touch today to find out how Hult can help you to learn about the business world, the future, and yourself. Blog Post. Thought leadership. Ali Fenwick , 6 months ago 7 min read. Developing a strong sense of self is core to developing your authentic leadership style.
S-Curves S-curves reflect a natural growth cycle common to human systems, organizational systems, and political systems to name a few: starting up, learning, flourishing, and eventually declining. Creativity reflects your ability to apply design thinking and lean methodologies to your personal leadership development to help you visualize a desired future and attain your short- and long-term goals. It reflects your life story, your personal characteristics, personality, strengths, developmental areas, motivations, fears, and areas of influence.
To understand your unique self, you need to interact with others, be open for feedback, and embark on a journey of continuous self-reflection. A core part of developing your authentic voice and leadership style is through the process of aligning your core values with your immediate and future environment.
But governments are starting to move from delivering services directly to managing systems. As a result of this shift, the end-to-end delivery of housing and provision of appropriate support services is increasingly falling to non-government entities. Change and innovation in both funding and financing for social housing will need to follow. On the funding side, innovation means moving away from the current model, where government typically provides the cash to pay back social housing project financing. How can transactions be structured differently to introduce an alternative source of funding, while still focusing on social outcomes?
There are two major alternatives to highlight here. One is mixed development and the other is outcomes-based contracting. On the financing side, innovation may mean exploring some form of private sector participation. Program owners can explore options for using private sector finance to deliver part or all of their social housing programs, and engage more private sector capabilities to deliver these programs. This is important because the ultimate aim of a public- private collaboration is to deliver better services and value for money.
Public-Private Partnerships PPP projects do this by transferring risk appropriately and integrating whole-of-life management underpinned by private financing. An outcomes-focused delivery model will, by design, focus on social outcomes and resilience. To complement this, the chosen financing model should also focus explicitly on social outcomes, particularly as the role of the private sector grows. Social housing projects involve both funding and financing, from a combination of public and private sector sources.
Funding refers to the ultimate source of payment for the asset or program over the longer term, such as the government, taxpayer or end user. Government funding can take the form of a recurrent funding stream, up-front capital or often both. A funding source must be present to support finance. Typically, government funding is critical for making sure social housing programs are financially viable. On some projects, the private sector can finance part or all of the project delivery. But ultimately the government funds it by paying the private sector back which allows the financiers to be paid back.
Cities need to use new public-private financing models, and integrate existing models better into outcomes-focused social housing programs. The degree of public-private engagement will vary from project to project and reflect many factors. These include the risk profile; time horizon; sector maturity; and social, economic and political considerations. Some social housing programs will sit more at the public end of the finance continuum, while others will be more at the private end.
The closer toward the private end a program sits, the higher the level of risk transfer, capital investment and potential upside to the private sector. The breadth of this continuum means that to deliver an outcomes-based contract effectively, social housing program owners can consider more than one public- private financing arrangement. Overview An innovative way for governments to finance social programs using outcomes-based contracts. Linking payment to defined outcomes provides a big financial incentive for the project to deliver those outcomes.
Funding: Non-government investors provide the capital to pay the service provider to deliver the specified intervention. The government pays the investor the capital plus returns only when the service provider achieves the set outcomes.
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Sources of alternative funding this accesses: Funding provided only on the basis of achieving set outcomes. Financing: Investors provide the capital to finance service provision, with the expectation of getting a financial return if the outcomes are achieved. Overview A vehicle for social housing providers to aggregate their debt financing requirements. Aggregation allows housing providers to access better pricing and longer-term debt than they could secure individually.
Funding: Obtained from the wholesale market. A specialist, independent financing intermediary coordinates across housing providers to aggregate debt needs. It then sources these total funds from wholesale markets by issuing bonds and loans the funds raised to housing providers in return for interest payments. Government guarantees the debt.
Sources of alternative funding this accesses: Private sector capital via debt markets.
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The corporation finances and provides social housing, using a portfolio-based approach to investment. Funding: Independently funded though governments have provided substantial public loans in previous decades. The sale of existing stock is major source of equity for new social housing. The profits from renting some properties at market rates can be used to cross-subsidize the portfolio, including developing social housing.
State and cities can act as guarantor of last resort. Some cities also offer land at below-market prices for social housing. Overview A model to promote the redevelopment of public housing stock by using private investment. Under the trust, governments pool public housing assets to create economies of scale for management, as well as diversity in the trust portfolio. Government, or a private entity, may own the land on which the trust then builds social housing.
A housing trust can make use of the equity value of the current public housing stock. Sources of alternative funding this accesses: The opportunity for mixed development, giving private sector access to social housing asset values. Financing: Private investors provide both debt and equity investment in exchange for expected returns interest and dividends and capital appreciation. As this report shows, there are several models cities can use to design, fund and finance resilient social housing initiatives. But when it comes to applying them to address their resilience challenges around social housing, many cities are still in the exploratory phase.
Are you trying to build resilient social housing in your city? If so, which models are you investigating or implementing? And how closely are you working with the private sector to design effective programs? To tell us about your programs, or share any comments about this report, please contact us at government.
We believe cities need to move from taking an asset-based to an outcomes-based approach to delivering social housing projects. This means focusing on the resilience dividends they want to achieve, rather than on the supply. And funding and financing these outcomes-based projects will require new and innovative ways of thinking.
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Trending For CEOs, are the days of sidelining global challenges numbered? Are you a CEO that will define the future or defend the past? Why your next big bet should be in food innovation 10 Jul Disruption. Who we are What we do What we think Work with us Our locations. Select your location Change. Local sites. Connect with us. Should resilience begin with the home? Related topics Government and public sector Innovation Growth. Link copied. Show resources Resource List pdf 1 MB. How cities can finance and deliver resilient social housing to deliver better outcomes for residents.
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Chapter breaker. Chapter 1 What is urban resilience? Spot the difference: social housing and affordable housing. Chapter 2 Social housing and the role for resilience thinking Resilient social housing gives people more than a roof over their heads. What is resilient social housing? How can you make sure social housing projects are resilient?
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