Friday, October 9, 2009

Brave new world?

The world changes. According to news reports today, apparently Australia is now ahead of the USA as a world financial centre and second only to the UK.

This presents new challenges for leaders. The leadership that is effective today may well be ineffective tomorrow – as I heard a speaker say at a conference several years ago, “the very things that made me successful today are those things that will stop me being successful tomorrow”. The same is true for organisations.

So what can be done to re-create leaders and organisations for an environment in which growth and financial strength may be key components?

1. Do some new scenario planning with particular emphasis on “best case” and “worst case” scenarios. How do your existing strategies fit with these options?
2. Carefully examine your goals and objectives to ensure they are suitable for the emergent situation and adapt them if necessary
3. Check for any blockages that may impact negatively on your moving forward and devise strategies and tactics for removing these if possible or, if not, for circumventing them
4. Ensure that everyone involved in helping you achieve the organisation’s goals has the necessary competence and commitment for their work – provide training and assistance if required. Remember that mentoring and coaching can be of real benefit here.
5. As appears necessary, be prepared to seek out and use outside help and facilitation in moving forward

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