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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: WHAT IF THE WORLD ERUPTS?

Drive renewal, learning, reinventing, relevance and edge
Avoid blind-siding and obsolescence; also, personal rigidity and burnout

The chameleon lizard changes colour with its environment.  As a leader, you have to do much more.  When the world changes, you have to transform your organisation and how it operates.  Otherwise, it may fail.  And, to start the organisational change, you have to change.  New situations bring new leadership challenges. 

Let's start with the business environment.  Sometimes, change is gradual.  This is comforting but also dangerous.  Slow change can seem like no change at all.  Until, it's too late.  And, a new competitor has stolen your customers.

At other times, change is dramatic.  The government suddenly changes legislation.  Or, a new technology floods the market.  It seems instantaneous.  In fact, it seldom is.  There are normally early warnings: in magazine articles, research findings and so on.

Test yourself!  What are the two most-likely, significant shifts in your industry over the next two years?  And, quantum shifts over five?  How are you reshaping your organisation's strategy?  What innovations are being tested to keep you ahead - or, at least, keep you competitive?

And, what does this mean for you, as the leader?  How will your new priorities alter where (and with whom) you spend time?  What new skills do you need to learn - whether technical, commercial or interpersonal?  What are you doing to open your mind and ensure you're adaptable?  Otherwise, how will you lead your people?

Leaders (like businesses and organisations) need to be able to jump from one S-curve to the next.  That requires building both organisational and personal capacity for Learning and Reinventing.  Prepare to jump!

Categories for this Potshot:

Monitor and shape change, Drive strategic rethink, Embed innovation, Re-jig priorities, Address skill and process gaps, Show self-leadership,



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

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