Business Trends – A Leader’s Challenge
October 9, 2009 by admin · Leave a Comment
Thinking in the future tense has never been more challenging or important to a business leader. Making this thinking and knowledge gathering a priority requires an understanding of how change in the fields of technology, economics, markets, demographics, and cultures will affect your business and your life. Knowledge will alter your perception as well as others as our society becomes more global and interconnected.
Skills required of the “futuristic” leader include real vision, mental models, pattern connectivity, energy, wisdom, self awareness, holistic values, agility, speed planning, real-time processing and tenacity.
• Execution of these skills requires a leader to ask more questions and make fewer decisions.
• Leading the organization from afar…virtual teams that are self managed versus controlled.
• Reducing work hours…producing more.
• Doing less with hands…more with voice and head.
• Focus on scarce resources to maximize the recipe for a successful business model
• Measuring success from a triple-net impact – people, planet, profit
A trend is defined in the dictionary as “a line of general direction or movement.” Leaders today must remember that success is an ongoing work in process and is evolutionary in nature. Revolutions are costly and tend to be non-lasting.