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Showing posts with the label strategy

Can models help us navigate uncertainty?

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Probably not but at there end there are 10 ways to prevent assumptions becoming culture   Post the 2008 global financial crisis, the president of the European Central Bank, Jean-Claude Trichet, said in an opening address at the ECB Central Banking Conference Frankfurt, 18 November 2010, “ As a policymaker during the crisis, I found the available models of limited help. In fact, I would go further: In the face of the crisis, we felt abandoned by conventional tools .” The Gap Many in executive and leadership positions have faced for a while a feeling that our models, simulations and computations are ill-suited to addressing big, messy, complicated real-world problems. There is a gap between the reality we read and measure today and the model that predicted today a short period ago.   Since we have yet to create new models and continue to utilise the same ideals, we know there is a gap between prediction and reality, and that gap is leading to poor decisions, which make us see a bigger g

We need more unethical morals!

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I explore ethics, morals and integrity in the context of decision-making. This piece explores the void between ethics and morals and why we need this place to exist because it allows us to explore the reason why unethical morals force us to new thinking. The difference in definition between Ethics and Morals Definition : Ethics are guiding principles of conduct of an individual or group. Definition : Morals are principles on which one’s judgments of right and wrong are based. Therefore an important difference between ethics and morals is that ethics are relatively uniform within a group, whereas morals are individual and heavily influenced by local culture and beliefs. How to change someone's mind is a super article from Manfred F. R. Kets de Vries at Insead.  It is important because if we want more people in the moral group, we need those with different ethics to change. And if we want to update our morals, we need to be able to change our ethics. In Manfred’s article, I believ

Why does fear fill the gap?

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In that moment of panic, we forget to reflect on what type of gap this is and why it has been filled with fear. Leadership is a recognition of the gaps, that not all gaps are the same and how to prevent fear being the first response. Image source: Susan David, Ph.D (love her work) Fear and Gaps  Fear is an unpleasant emotion caused by the immediate or expected threat of danger, pain, or harm, but it is also so much more.  We know fear sells in terms of marketing.  We understand FOMO (fear of missing out) and the fear of failure (FOF) are significant drivers. We are aware that fear produces a unique reaction in the body driven from the gut ahead of the brain ( Antonio Damasio research ). Fear is a stimuli but is subjective and how fear is perceived is different for everyone. Different types of fear spread at different speeds. Brands and the media use fear and to create headlines and force change.  COP27 and climate change agenda are not adverse to utilising this insight. We should be

How to build a #team fit for #uncertainty

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The pandemic changed us, our views, what we value and how we work.  We might not recognise all the changes and hang on in the hope of a return to something we loved, but we must make the best of it now.  We should be aware that the change has not only affected us but also our teams.  Whilst the Bruce Tuckman 1965 forming–storming–norming–performing model of group development is timeless. No one is likely to dissent that phases remain necessary and inevitable for a team to grow, face challenges, tackle problems, find solutions, plan work, and deliver results.  However, because we have changed, so has the utility of the tools we apply that move us along the journey from forming to performing.  Tools learnt and built in stable and certain times, have less applicability when we are faced with volatility and uncertainty.  It is the usefulness of tools we utilise that move us on the journey from forming to performing that has changed.  More books and articles on “teams” and “leadership” exi

The Gap between #Purpose and #How is filled with #Paradox

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Data would indicate that our global interest in purpose is growing. In truth, searching on Google for purpose is probably not the best place to start, and I write a lot about how to use data to frame an argument as this viewpoint highlights that the gap between purpose and how is filled with paradox. Source: Google Trends The Peak Paradox framework can be viewed from many different perspectives.  In this 3-minute read, I want to focus on the gap between “Purpose” And “How.” For example, Robin Hood's (as in the legendary heroic outlaw originally depicted in English folklore and subsequently featured in literature and film - not the stock trading company) purpose was “The redistribution of wealth.”   He and his band of merry fellows implemented the purpose by any means, mainly robbing the rich and giving to the poor (how they did it).   The Purpose was not wrong, but How was an interesting take on roles in society.   Google’s Purpose is to “ Organise the world's information .”