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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: THERE'RE ALWAYS CONSEQUENCES

Establish goals and responsibilities; also appropriate evaluation and pressure
Avoid laziness, shirking, underperformance and decline

Come year end, how will you judge your own performance? And, that of your team members? Does everyone have clear and measurable goals? More importantly, are they taken seriously? And, if I fall short, are there real consequences?

High- and low-performing organisations often show surprising similarity in the clarity of their targets and the performance data they gather. However, the big differentiator is the level and intensity of the accountabilities and consequences.

How does your organisation rank? Is it a serious player? What have you done to strengthen its credentials? As the leader, are you willing to take action when individuals or the team fall short? And, what form do the consequences take?

Here are some ideas I've seen successfully employed across my years of consulting to high-performing organisations. Agree all goals up front so they become contracts. Measure and review progress regularly throughout the year, so people have the chance to correct. Set an example in shouldering responsibilities yourself: overstate your share of problems; and, understate your share of any credit. Encourage constructive peer pressure. Don't create destructive rivalry but fun competition. Above all, ensure there are meaningful consequences.

What might these be? The list is endless - and can range from something as simple as visible sharing of results (and consequent desire not to be bottom of the league) to the extreme of warnings and possible loss of bonus, seniority or employment. The key is ensuring everyone understands and owns their accountabilities.

This may sound tough. However, if you fail to create personal consequences, you inadvertently create a different type. The organisation begins to slip.

Start by making yourself accountable!

Categories for this Potshot:

Create accountability, Establish constructive values, Define goals and outcomes, Take tough decisions, Create fun and celebration,



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

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