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Leadership: of followers not just bosses
published: 2011-09-05
Who’s more important for you: your boss or your team members? Not easy. We all have to balance the expectations of a range of people. However, as any sports captain knows, there’s no game without players. And, that means your direct reports, who do the work. So, let’s invert the mindset of an old HBR article entitled “Surviving your new boss”? To start your thinking, ask yourself this: what would my team suggest I do differently, so they’ll better survive my leadership? Below are some thoughts under the seven headings from the original article but with each refocused on the needs of your team rather than your boss. ... read more
Leadership: a warning for control freaks
published: 2011-08-08
What did you learn from the “unexpected” GFC? Or, should you learn from the equally “unexpected” North African Spring? Nassim Taleb (the “Black Swan” guy) and Mark Blyth have answered with clarity and insight*. “What the world has been witnessing in Tunisia, Egypt and Libya is … what happens when highly constrained systems explode. Seeking to restrict variability seems to be good policy.” But as Greenspan (and the rest of us!) found out “suppression of volatility in the name of stability … makes complex (financial) systems … extremely fragile.” Prone to explode “unexpectedly”. So, here are seven things you can do to avoid civil unrest in your organisation – and being unceremoniously thrown out of office. ... read more
Leadership: sparking up your personal creativity
published: 2011-07-11
“Only by forcing our brains to … move beyond our habitual thinking patterns can (leaders) begin to imagine truly novel alternatives.” So say the authors of a recent McKinsey Quarterly article – and it’s hard to argue. They focus mostly on improving team creativity but there are two segments of their article I’ve re-refocused towards personal innovation. Rapid technical, cultural and social changes mean that leaders, who fail to generate new approaches will become victims of change, not its drivers. How would people say you perform on the items in the two checklists below? ... read more
Leadership: how hard are you pushing yourself?
published: 2011-04-25
Do Seth Godin and Jack LaLanne have anything in common? Let’s start with the differences. Seth’s a blogger. Jack in contrast was the godfather of fitness training in America – opening a fitness gym in Oakland, California over 70 years ago. In a recent blog, Seth listed eight things Jack did that made him successful. To my mind, Seth walks in the same shoes. As a leader, how do you rate on the eight factors? More importantly, which one or two should you tone up? ... read more
Leadership: avoiding nuclear disasters
published: 2011-03-28
The toll from Japan’s Fukushima disaster has lessons for us all. People are criticising the plant design, regulation, oversight and post-disaster response. For some, nuclear itself is the culprit. However, Japan has good scientists, competent engineers, meticulous planners and courageous workers. It has honest, industrious citizens – and our hearts go out to them at this appalling time. But, what (as leaders) do we need to learn? Here are seven suggestions. ... read more
Leadership: how healthy is your business?
published: 2011-02-28
If you’re feeling off-colour, a doctor checks your “vital signs” of temperature, blood (both pulse and pressure) plus breathing. A leader working in the healthcare industry asked me what might be comparable vital signs for a business. It’s probably foolhardy to draw parallels between people and businesses. People are singular but substantially similar bio-organisms. Companies, though, are hugely more diverse: in nature, scale and organisation. But, foolhardy I am! So below, I’ve listed three tests plus a fourth for good measure – my four “Cs”. As a leader, what does each tell you about your business today? More importantly, which is tracking least well? And, what leadership medicine are you administering? ... read more
Leadership: lessons from "War and Peace"
published: 2010-12-20
Tchaikovsky’s “1812 Overture” is a noisy and emotional reminder of Napoleon Bonaparte’s destructive but futile invasion of Russia and the French occupation of Moscow. This campaign is also central to Leo Tolstoy’s novel, “War and Peace”. My wife and I recently revisited the BBC’s 20-part TV version of 1972, starring a young Anthony Hopkins. It remains engaging and moving – and Tolstoy’s narrative makes important points about leadership. Check below and see which of the main characters has most to teach us. ... read more
Leadership: Steve Jobs and nose jobs
published: 2010-11-15
Steve Jobs is a revolutionary. Few upend as many industries. Not just computing but also music and publishing. A Gutenberg of our era. A Black-Swans breeder, who takes home the prizes. But, what about you and me? Perhaps renewal (rather than revolution) is more our thing. In my case, I’ve just released a new VECTOR Leadership site. With more functionality and product – and much better looking. But, interestingly, it has a small Black Swan nestling inside (a Black Cygnet, perhaps) waiting to waddle from the nest. Leadership Action Planning remains undiscovered by many. Most leaders are still stuck with self-reflective profiles or backward-looking evaluations. More of that later. But, in terms of your business and leadership, what’s needed: revolution or renewal? ... read more
LEADERSHIP: INNOVATE OR BE THE NEXT DODO
published: 2010-09-27
After last week’s Potshot (based on an outstanding article by Shoshana Zuboff), I searched for this one, which I wrote back in April. I discovered it never got posted. But, I think it’s still worth publishing, since it touches on the same life-and-death commercial imperatives that Professor Zuboff presents so starkly. ... read more
LEADERSHIP: HOW WELL DO YOU UNDERSTAND THE NEW RULES?
published: 2010-09-20
Business and leadership articles are of three types. 60% are like water: fit to drink but better left to the fish. 35% are like beer: with a quick zing but nothing to remember. Finally, there’s the 5% of first-growth wines that change our worldview. The winemakers here are the Druckers, the Prahalads and their ilk. Many already dead! But, not Shoshana Zuboff. She’s still with us, thank goodness. Her McKinsey Quarterly article “Creating value in the age of distributed capitalism” is premium wine. Don’t be put off by her title; this is no abstract economic treatise. It’s a must-buy for all leaders. It gives you a taste of the world, in which you’re going to be leading – starting now. It’s as dramatic a shift as that from individual workshops to mass production that was initiated by Henry Ford a hundred years ago. So, how well are you prepared for the new demands? Here are five questions that allow you to check. ... read more
LEADERSHIP: FOR BETTER CSR
published: 2010-05-17
It’s unusual to read something balanced and practical about CSR. Activists want business to carry the wrap for everything. Apologists limit it to immediate operating activities and what the law requires. True, the primary responsibility is to sell sound products that people want, employ and reward fairly and act honesty and responsibly. But, the authors of a recent HBR article offer an insightful approach to the boundary issue of what is and isn’t a company’s responsibility? They make this erstwhile no-man’s land a fertile ground for corporate creative thinking and commercial good sense. ... read more
LEADERSHIP: BEWARE OF YOUR STRENGTHS
published: 2010-03-22
Twenty years ago, I was shocked to hear that some of the reasons my wife had originally been attracted to me were now driving us apart. My decisiveness and energy were leaving no decision-room for her. It's often the same in business. Our natural attributes, which are powerful and value-adding, can go to extreme and undermine effectiveness. If I asked your colleagues, which two of your strengths would they say are most causing them trouble? Here's a checklist that might help. ... read more
LEADERSHIP: YOUR KEY TO ORGANISATIONAL AGILITY
published: 2010-02-22
What would you give to achieve higher revenues, more satisfied customers and employees, improved operational efficiency and a faster time to market? That's what Donald Sull of McKinsey & Company offers if you achieve organisational agility. He defines it as identifying and capturing opportunities more quickly than your rivals. He quotes the heightened volatility of recent decades - and the acceleration during the GFC. But, what does this mean for you as a leader? Here are some thoughts. ... read more
LEADERSHIP: POWER AND PURPOSE
published: 2010-01-28
US decline and China's inexorable rise are much talked of. But, in a recent article, Josef Joffe* concludes his rebuttal thus. "Gainsayers will still dramatise China's growth rates as a harbinger of a grand power shift. But as the 21st century unfolds, the US will be younger and more dynamic than its competitors." Whether right or wrong, it's an important issue. And, his arguments have resonance for the durability of leaders, as well as nations. He stresses the requirement for "requisite power and purpose." If asked, would your colleagues say you still have these? ... read more
LEADERSHIP: WHEN GOOD-TO-GREAT IS ONLY LUCK
published: 2009-11-23
Business gurus and their books are full of magic formulae for achieving business and career success. It's alluring: we all want to succeed. And, they often clothe their advice in research across hundreds of companies or thousands of leaders. Very impressive on the surface. But, at bottom, it's all just another medieval philosopher's stone - promising to transmute stodgy lead into winner's gold. Lovely words but not for real. And, all too often, later review will indicate this "great" company has now slipped back, and that exemplary leader has fallen from grace - or, worse, is doing time. But is there something we can learn here?
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LEADERSHIP: BEWARE SELF-DELUSION
published: 2009-09-28
Half a dozen times in the last 20 years, I've worked with a CEO, who'd completely lost touch with reality. In discussing strategy, they believed themselves as informed and proficient as they'd been in their prime. Whether talking about customers, markets, technology or staffing, they knew it all - and, worse, felt no-one was ready to succeed them. But, in each case, their colleagues (particularly their immediate team) saw the fading powers - and the growing self-delusion. So, how would your team rate you on objectivity versus conceit? Are you honest about your strengths and weaknesses - and your use-by date? Here are six check-points. ... read more
LEADERSHIP: DON'T WAIT FOR THE MUSIC TO STOP
published: 2009-09-14
How's this? Eighty percent of CEOs expect big changes in their companies' strategies and operations this year! In a calamitous downturn (trashing markets and businesses), people expect organisational change. Well, I'd be concerned if they didn't! The same report also worries about succession. Two thirds of candidates won't be ready for 12 or more months. But, one third being ready seems OK to me. Surely, the real issue is raising performance of all leaders - NOW and in their current jobs. Not playing musical chairs! So, what's your plan - other than waiting for the music to stop? Here are some thoughts. ... read more
LEADERSHIP: LESSONS FROM TIANANMEN SQUARE
published: 2009-07-06
Most of us would rate the Chinese Communist Party as both tough and inflexible. And, we'd be right about tough. But, wrong about inflexible. Reflecting on the twentieth anniversary of the Tiananmen Square massacre, here are some quotes from the May 30th edition of The Economist. "After the massacre, the Communist Party set about transforming itself." And, today, "the outcome is a wholesale reinvention." If colleagues reviewed your leadership over the last two decades, would they report "wholesale reinvention"? Or, more of the same? And, if the Chinese Communist Party can change so radically, what can you learn from it? ... read more
LEADERSHIP: ARE THEY RIOTING IN THE STREETS?
published: 2009-06-22
Social networking sites and TV screens have been alight and aTwitter in recent times with voters rampaging through Teheran, Shiraz and Isfahan. These historic cities have been host to massive leadership disaffection and revolt against an apparently rigged appointment. Such disturbances have few parallels in business life. But, many appointments cause concern; and, often leaders lack full support. If we polled your team, how would you rate? What are early warning signs you should watch for? ... read more
LEADERSHIP: OF MID-LEVEL AND FRONT-LINE TEAMS
published: 2009-06-15
Team leaders split their time between "leading" and "doing". But daily pressures (particularly now) drag leaders towards the latter: getting things delivered, resolving technical challenges, responding to HO demands, and keeping the admin. flowing. Too often, they stop leading; and, become managers at best or merely operatives at worst. Sounds familiar? ... read more
LEADERSHIP: G20, GEE PLENTY
published: 2009-04-08
Committees are often the worst way to get things done. Particularly in nervous times. And, the pre-G20 vibes were net nervous. There was positive energy (particularly from Barack Obama) about working together to restore financial and economic vitality. But, from others, finger-pointing - for example, at bankers and, more generally, those with "blue eyes". And, insistence (from Nicolas Sarkozy) that it would be his solution or none - with a walk-out threatened for good measure. And, as always, cries for legislation and regulation - noisily slamming stable doors after the credits have bolted. Sadly, it's often no different in business. When things go bad, there can be a rush to blaming - and backside covering. Also, pushing personal solutions. So, how have you and your people behaved in the downturn?
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LEADERSHIP: AVOID NEW YEAR'S IRRESOLUTION
published: 2009-01-19
Every year's different. But, 2009 looks like being really different. For many, the most challenging year ever. So, let's cut to the chase: as you return to work, which of your stakeholders is most frightened - in relation to their dealings with you and your business? Is it customers, employees, suppliers or, perhaps, your bankers? And, what are you going to do to ensure they don't abandon you?
LEADERSHIP: SHARP TOOLS FOR HARD TIMES
published: 2008-12-07
What's the leadership equivalent of reaching for your Swiss Army Knife, and selecting the right blade? It's creating a plan, and populating it with appropriate leadership actions. Actions relevant to current challenges, not old ones. Actions that convince people and build commitment. Things that work, giving traction in this tough new environment. ... read more
LEADERSHIP: BEAT THE BUST
published: 2008-10-28
The Sage of Omaha, Warren Buffett, says the downturn is going to be both deep and long. Global central banks have caught the falling knife of financial collapse. But, there's blood (and shredded reputations) on the floor. And now, the real economy is in for a bad time. Customers are already delaying purchases; banks are loathe to lend - even to good businesses; and, no-one knows what the next fright will be. ... read more
LEADERSHIP: EDISON NEVER STOPPED TINKERING
published: 2008-08-11
New ways often bring new words; or reinvigorate old ones. "Betterment" is a case of the latter - and something every leader must deliver. A strategic rethink may set a whole new direction for your business. However, between these major shifts, there's lots of room for innovation and upgrades. That's betterment.
... read moreLEADERSHIP: CREATIVE DESTRUCTION
published: 2008-08-04
General Motors was once a paragon of American business. It's now in serious decline. Its plight illustrates what a famous economist called “creative destruction.” New industries, products and services rise to prominence; but, later lose their traction. Horse-drawn carriages gave way to automobiles - ushering in gas stations but destroying buggy-whip manufacturers. Gas guzzlers had their time on the road, but were overtaken by energy-efficient compacts. And now hybrids; and, so on.
... read moreLeadership: what if the world erupts?
published: 2008-07-21
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.
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