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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: THINKING IS OFTEN THE LEAST OF IT

Prompted by "How Successful Leaders Think"
by Roger Martin
Harvard Business Review – June 2007

URL: http://harvardbusinessonline.hbsp.harvard.edu/relay.jhtml?name=itemdetail&id=R0706C

(Please note: pages linked here may require a subscription with the publisher to view the full page)

Learn to think clearly but above all to take actions that convince and inspire people
Avoid the academic fascination with strategy and ideas rather than being effective

"How Successful Leaders Think" is a classic HBR article: big-name leaders (yes, Jack Welch is there), a handful of anecdotes (passing for evidence), a strong metaphor (we can all understand) and a simple diagram.  A revolutionary idea and leadership made easy.  Except that the core "opposable" thinking (thesis/antithesis/synthesis) is as old as time, as is also the CEO’s unique integrative role across conflicting needs of individual business units, functions and market groups.  But, above all, leadership is about much more than thinking.

The article focuses on how Bob Young of Red Hat found a middle way between "the high-margin proprietary model" for software sales and distribution (of Microsoft and others) and the "free-software model" (of Linux).  Yes, he built a fine business; and, made a lot of money.  But how does this article fit within the territory of leadership?  Much as Brussels fits within Europe: important but not the real story.

Thinking lays a foundation – and is critical for strategic decisions (where the article focuses) but these are only occasional decisions.  What about more gritty aspects of leadership: inspiring people, driving quality and customer service, influencing industry developments, evaluating investment decisions, and so on.  These are more about action.

And, from my observation, the best leaders are often the selectors (not architects) of critical or creative thinking, though they often (like heads of state) get credit for it, since it happened on their watch.  A too cerebral CEO often creates complexity, vacillation and confusion.  Nothing is ever resolved.  And, it's not coincidental that business-school students with the best grades often go to consulting, investment banking or academia, which are driven more by ideas than leadership.

So, what should we down-on-the-ground leaders do?  Firstly, get a map of the full territory, not just the street directory for Brussels.  How?  Try my V|E|C|T|O|R Leadership Action Planning tool.  It's been honed by the experience of hundreds of leaders across many industries and company sizes.  Above all, it's  focused on action: what the leader does.

In 40 minutes, you'll have a printable plan of your personal leadership actions.

Categories for this Potshot:

HBR articles, Great-leader Potshots, Build competitive advantage, Take tough decisions,



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

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