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LEADERSHIP: AVOIDING BLACK-SWAN DISEASE

published:2010-07-26 01:00:00

Nassim Nicholas Taleb, the best-selling economist and author of The Black Swan, is famous for his arresting insights. His recent postscript to The Black Swan is no exception: presenting ten lessons from the Global Financial Crisis. Above all, he recommends learning from “Mother Nature” – by making our

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LEADERSHIP: FOR SUCCESS – AND HAPPINESS

published:2010-07-19 01:00:00

Like Professor Clayton Christensen, I’ve faced a life threatening cancer and found it a crucible for clarifying my thinking about what’s important. The day

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LEADERSHIP: TRAINING AND DEVELOPMENT - BUT HOW?

published:2010-07-13 01:00:00

Due to a backlog of new registrations to work through this Potshot has been delayed by a day. Our apology to our regular readers

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LEADERSHIP: THAT ONE KEY LESSON

published:2010-07-07 01:00:00

How do you rate yourself on the following five actions? Showing self-awareness?. Demonstrating authenticity, integrity and compassion? Understanding and engaging people as

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LEADERSHIP: MAKING CHANGE POSSIBLE

Realise the new vision, goals, plans and priorities - your new commitments
Avoid broken promises, unrealised expectations, frustrated staff and stakeholders

It's lovely to sit and dream: imagining a better future. But, it takes energy to work out how this might be achieved; and, the real work begins when you have to start organising and implementing.

Some leaders seldom go beyond dreaming. Others prepare plans - all neat and nicely bound. But, the winners (the leaders worth following) both dream and execute. They take the thousand decisions and steps that carry out their plan and make their dream come true. But, what does this require?

First and foremost, it involves having people with the right skills. Who on your team lacks the required skills - technically or interpersonally? How have you helped them learn the new approaches and techniques they'll need? And if the gaps can't be closed by training, what are you doing about recruiting new talent?

The second thing to check are your systems and processes to ensure they have the capacity and robustness to support the new market and operating demands: providing adequate customer data and information for operating decisions. In what areas do your people feel things need upgrading; and, how? Who's working on that?

And third, there's the need for resourcing: adequate budgets and equipment. How were the financing and capex allocations changed to support the new vision and plans? Which areas were cut back; and, where were the savings reinvested?

Without the right skills, systems and resources, your vision and plans will remain just a dream. So, wake up and act. And, that what V|E|C|T|O|R Leadership was designed to help you do: create your vision and define what's needed to achieve it. Focusing on both the technical requirements and the people needs. And, above all, helping you drive execution. It's challenging but that's the price of making things possible.

Categories for this Potshot:

Address skill and process gaps, Foster learning and reinventing, Define goals and outcomes, Push execution and follow-up, Develop plans and actions lists, Take tough decisions,



Dr. Timothy Pascoe AM
PhD (Cambridge), MBA (Harvard), BE & BEc (Adelaide)
Creator, V|E|C|T|O|R Leadership®

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