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J. Dolloff
Executive Officer, LEGGETT & PLATT INC

The Future of Work: Mitch Dolloff

🎥 Sep 16, 2020 📺 IIC Partners ⏱ 4m 👁 3685 views
Mitch Dolloff, President and COO of Leggett & Platt, discusses the importance of agility and openness, why talent management ...
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About J. Dolloff

In a September 2020 interview, J. Dolloff, then President and COO of Leggett & Platt, discussed the importance of flexibility and openness to unexpected career experiences. Dolloff stated that accumulating diverse experiences over time can develop unique skill sets that bring value later in a career. He noted that technology has enabled greater access to data, reduced manual work, and improved communication, which he said has increased speed and brought the company closer to employees, customers, suppliers, and consumers. Dolloff also acknowledged a cost to these changes, citing the challenge of balancing work and personal life in a 24/7 environment. Dolloff emphasized the growing importance of agility and openness in response to rapidly changing markets and social norms. He advocated for a leadership posture focused on enabling and supporting teams rather than controlling decision-making, and stressed the difficulty of finding good talent, saying that attracting, retaining, and growing with employees is critical. Dolloff described mentoring as creating an environment of trust and mutual respect, and noted that automation helps address a global talent shortage by allowing people to focus on higher-value tasks. He added that accelerating AI activity will likely lead to the development of new skill sets and processes needed to adapt to and leverage that learning.

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Transcript (5 segments)
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J. Dolloff0:26
I think one that's really served me well is to be flexible and open to new experiences, especially if they're unexpected. I think often folks' career paths don't go exactly the way they expect. I know that mine didn't, but I learned a lot from each of those experiences, and I think the more of those random experiences you add up over time, you develop really unique and diverse skill sets that bring a lot of value later in your career.
I think it's changed a lot, and a lot of it is really enabled by technology. When you think about the ability to access data, it's so much greater, so much less manual. The ability to conform that data into whatever format you want and to do it yourself, as opposed to having to go to someone else to input it for you or to format it or to do whatever you want with it, as well as your ability to communicate over so many different forms, as opposed to just a landline. All of that, in my career, has resulted in really increased speed across a whole bunch of different activities, as well as bringing us closer to our employees, to our customers, to our suppliers, and ultimately to consumers. There's just so much more data, so much more information that we have access to, and the ability to interact with people is just so much different than it was not that long ago. There are a lot of really positive outcomes of that, your ability to be more impactful, to have more mobility in the workplace. I think it also comes with a cost that we're learning to balance between the advantages of being able to do that, but manage both your work life and your personal life 24/7.
Openness and agility come to mind for me. You think that the interaction and needs of multiple stakeholders are becoming ever more important. Markets change faster than ever, social norms are changing, and I think that sort of attitude and the ability to be open to those things, to recognize them, and then to adjust your approach going forward is just going to be incredibly important and continue to become more so. I think it's also increasingly important to have a posture that is about enabling and supporting your teams, as opposed to controlling decision-making, and then I think really valuing talent, right? It's very difficult to find good talent these days. So being able to have the skill set to attract them, to retain them, and then importantly to be able to grow with them on your own. Those, I think, are really high-level skills that are critical.
Being open to having them build you along the way as well. I've had a lot of really great interactions with folks that I've been close to or mentoring, and I've always gotten a huge amount out of that, and I think that creates an environment of trust and openness and sort of mutual respect that goes a really long way. I think if you combine that with really meaningful conversations about what those folks' goals are, what they'd like to achieve in their life and possible paths to get there, and then sort of get a little more granular around what that means in terms of skill sets and training, but most importantly and most rewarding for me is to be able to actually put them in the game, right? To give them really strong substantive experience and help them develop a career path, and ultimately watch them succeed.
We see an ongoing shortage of talent and labor around the world. And so automation, at least, helps us allow people to focus on the highest-value tasks, whether that's on the shop floor or increasingly in the office. I think there's a lot to be gained from that. I think also as AI activity accelerates, it will result in development of new skill sets and new processes necessary to adapt and take advantage of that learning.