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January 17, 2008 January 17, 2008 Legacy Through Leadership Legacy Through Leadership

January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Page 1: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

January 17, 2008January 17, 2008

Legacy Through LeadershipLegacy Through Leadership

Page 2: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

LeadershipLeadership

• People are a valuable resourcePeople are a valuable resource• Disengaged workers cost Canadian Disengaged workers cost Canadian

corporations over $4 billion a yearcorporations over $4 billion a year• Labour shortage on the horizonLabour shortage on the horizon• Leadership will be criticalLeadership will be critical

Page 3: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

Lifelong LearningLifelong Learning

• Rapidly aging global workforceRapidly aging global workforce• Growing skills shortageGrowing skills shortage• Shrinking labour poolShrinking labour pool• Competition for talentCompetition for talent

Page 4: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

How do you define How do you define leadership?leadership?

Page 5: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

There is a leader within each There is a leader within each and every one of you.and every one of you.

Page 6: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

What’s a leader?What’s a leader?

““A leader is someone who can set direction A leader is someone who can set direction and impart vision. A leader is able to serve, and impart vision. A leader is able to serve, build loyalty, motivate and inspire. A leader build loyalty, motivate and inspire. A leader is ready to listen, encourage others, and is ready to listen, encourage others, and invest in their lives. A leader is someone invest in their lives. A leader is someone who wins hearts.”who wins hearts.”

Page 7: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

LeadershipLeadership

• There are a lot of myths about leadership.There are a lot of myths about leadership.• Leadership is a set of skills and attitudes Leadership is a set of skills and attitudes

that can be learned.that can be learned.• All of us can learn to become better All of us can learn to become better

leaders.leaders.

Page 8: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

LeadershipLeadership

Lester Pearson Mother Teresa Martin Luther King

Page 9: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

LeadershipLeadership

Page 10: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

Leadership Skills and AttitudesLeadership Skills and Attitudes

1.1. CommunicationCommunication

2.2. Personal InsightPersonal Insight

3.3. ResourcefulnessResourcefulness

4.4. Continuous Improvement & LearningContinuous Improvement & Learning

5.5. ForesightForesight

Page 11: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

Leadership Skills and AttitudesLeadership Skills and Attitudes

6.6. TrustTrust

7.7. CourageCourage

8.8. ListenerListener

9.9. Building PartnershipsBuilding Partnerships

10.10. HumourHumour

Page 12: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

ResultsResults

• We’ve tied our leadership to business We’ve tied our leadership to business results at the Pension Corporation.results at the Pension Corporation.

Page 13: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

Results AchievedResults Achieved

• 95% of recently retired members95% of recently retired members• 87% of longer-term retired members87% of longer-term retired members• 95% of plan employers95% of plan employers• 85% of active members85% of active members• 100% of trustees100% of trustees

Page 14: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

Results AchievedResults Achieved

A. Final Pension Option Targets

30

21

14 14

303030

85%90%

95% 95%

80%

75%70%

0

7

14

21

28

35

2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08

On

Tim

e S

tan

dar

d i

n D

ays

0%

50%

100%

On

Tim

e % T

arget

Page 15: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

B. Termination Information Letter Targets

2 2 2

30 30

2

95% 95% 95%90%

95% 95%

0

7

14

21

28

35

2002/03 2003/04 2004/05 2005/06 2006/07 2007/08

On

Tim

e S

tan

dard

in

Day

s

0%

50%

100%

On

Tim

e % T

arg

et

Results AchievedResults Achieved

Page 16: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

Results AchievedResults Achieved

C. Termination Option Targets

28

21 21

14

303030

95% 95% 95% 95%95%90%

70%

0

7

14

21

28

35

2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08

On

Tim

e S

tan

dard

in

Days

0%

50%

100%

On

Tim

e %

Targ

et

Page 17: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

Results AchievedResults Achieved

D. Purchase Cost Estimate Targets

30 30 30 21

180

6030

75%85% 85%

95%

60% 70% 70%

0

20

40

60

80

100

120

140

160

180

2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08

On

Tim

e S

tan

da

rd in

Da

ys

0%

50%

100%

On

Tim

e %

Targ

et

Page 18: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

Results AchievedResults Achieved

Page 19: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

LeadershipLeadership

• Look for mentors in your life, look at your Look for mentors in your life, look at your colleagues, your family and other people colleagues, your family and other people in your life.in your life.

Page 20: January 17, 2008 Legacy Through Leadership. 2 Leadership People are a valuable resourcePeople are a valuable resource Disengaged workers cost Canadian

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Legacy Through LeadershipLegacy Through Leadership

Thank YouThank You

CEO Gail StephensCEO Gail Stephens

Pension CorporationPension Corporation