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LEADERSHIP: AVOIDING BLACK-SWAN DISEASE

published:2010-07-26 01:00:00

Nassim Nicholas Taleb, the best-selling economist and author of The Black Swan, is famous for his arresting insights. His recent postscript to The Black Swan is no exception: presenting ten lessons from the Global Financial Crisis. Above all, he recommends learning from “Mother Nature” – by making our

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LEADERSHIP: FOR SUCCESS – AND HAPPINESS

published:2010-07-19 01:00:00

Like Professor Clayton Christensen, I’ve faced a life threatening cancer and found it a crucible for clarifying my thinking about what’s important. The day

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LEADERSHIP: TRAINING AND DEVELOPMENT - BUT HOW?

published:2010-07-13 01:00:00

Due to a backlog of new registrations to work through this Potshot has been delayed by a day. Our apology to our regular readers

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LEADERSHIP: THAT ONE KEY LESSON

published:2010-07-07 01:00:00

How do you rate yourself on the following five actions? Showing self-awareness?. Demonstrating authenticity, integrity and compassion? Understanding and engaging people as

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LEADERSHIP: THE SEEDS OF FAILURE

Find self-awareness, empathy, objectivity, fairness, honesty, strength of character
Banish pride, hubris, conceit, pomposity, denial, cynicism, dishonesty, cruelty

Think of big corporate disasters you've known or read about.  What was the cause?  Bad strategy, wrong business model, inefficiency, bad luck?  Not in my experience.  Most often, the core issue is flawed human beings - and, at the top. 

I'm no goodie-goodie.  I've done things I regret.  I've failed to make decisions I should have made.  I've failed to speak up on issues, where objection was the right course.  So, I'm not going to preach.  But, I will issue a warning.  The seeds of failure are easily sown; and, the resulting weeds grow fast - and noxious.

The simplest leadership failure (often unintentional) is lack of objectivity or self-awareness.  Not seeing our leadership actions as others experience them.  This damages morale.  The next level includes more obvious self-indulgence like conceit, pomposity or unwarranted self-belief.  This can lead to bad decisions - and people failing to speak up.  At a higher level are leadership decisions and actions, which further our own interests or those of friends and family.  Things like favouritism and nepotism.  And, at the top are moral failures like conscious dishonesty, bullying, threats, exploitation or harassment.

An irony of such failures is that they often follow on from proven and legitimate success.  There's nothing so disorienting to the moral compass as the desire to stay on top and keep hearing the adulation.  And business life isn't the only breeding ground.  It happens to scientists, sportspeople and professionals of all kinds.

So what can we do?  A first step is thinking through our leadership actions not from our own perspective but from the position of those being led.  How do they see things?  What would they recommend I do?  In sum, put myself in their shoes.

Avoid unnecessary failure!

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Take tough decisions, Be EQ-effective, Show fairness and honesty, Create accountability, Career planning, Not-for-profit Potshots, Show self-leadership,



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

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