Leadership: when the stakes are really high
Published: 2011-06-03 There are 7 comments ... please add yours below
Let’s think of some really big challenges. For a nation, it might be fighting a war. Putting citizens’ lives and the state itself at risk. For a business, it might be a takeover. Thus jeopardising the interests of all stakeholders. For an individual, it might be taking leadership of a failing project. Or, of something bigger than they’ve previously experienced. So, which was your notable challenge that succeeded – where you and others were at risk? And, which was the messy failure? Below are five factors needed for success in any project – whether national or personal. But, the last seems particularly critical when things get really tough. Particularly if you’re competing from a weak position. So, let me know what you think.
- Capability: any country, business or individual needs analytical, planning and execution skills plus resourcing relevant to their task. You may lack these at first. But to win, you need to get or build them. From a weak start, the Allied forces did this in WWII.
- Communication: in any venture, all supporters need to be “in the loop”. Otherwise, rumours replace facts, resources are misallocated and people lose heart. Things fail when different areas don’t know what others are doing. This is common enough but of low cost on minor projects, where slippage may not matter. But, in high-risk ventures, it can be fatal.
- Flexibility: few endeavours go to plan: business competitors may attack in unforeseen ways. In war, an enemy may mislead you with a feint. Success starts with deskwork but it succeeds by the quality and speed of your responses as conditions change.
- Stamina: contests often take longer than expected. We start saying “it won’t last long” only to find it does. This multiplies costs of all types. So, winners must endure: pushing on and on and on. As is said in Japan: fall down seven times, get up eight.
- Legitimacy: ventures that put lives, reputations or careers at risk make us ask: what justifies me facing these dangers? Doubly so if things drag on, as above, and optimism fades. Think of ill-fated projects you’ve been part of, which damaged your standing. Or the appalling cost of mismanaged battles. What’s the answer? From my experience, individuals, teams and organisations are most powerful when certain of their legitimacy. More likely to win, even against the odds. In a recent article, George Friedman of Stratfor* mentions that WWII was “the last war the US fought with a formal declaration of war” – in other words, with proper congressional authority. He believes this has undermined the legitimacy of those that followed – including in the Middle East today.
Succeeding requires some mix of capability, communication, flexibility, stamina and legitimacy. But the higher the stakes and the longer the play, the more legitimacy matters. So, perhaps the key for all of us is this: even before you start, check your legitimacy. All too often, a small beginning can lead to something bigger, longer and much more challenging.
* http://www.stratfor.com/weekly/20110328-what-happened-american-declaration-warWould you like to reproduce this Potshot? See License Terms

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