Leaders— Rajat Gupta— 9:15am
Posted on | November 16, 2008 | No Comments
OK Rajat is at the heart of what is happening financially… what can he say to us to ease over the fear?
What I would love to see is these speakers talking to us not reading.
Adaptation to sudden change is the challenge!
Resilience is the challenge for all.
Webs of interconnections are what will promote success, if we can use them to our advantage.
1. how orgs can remain adaptable
-focus on adaptation NEVER STOP!
YET THIS IS NOT THE EDUCATION MODEL WE COME FROM
Winning companies work with dynamic disequilibrium adapting to a constant state of flux.
Companies must be able to innovate ahead of the market to really succeed. We know this BUT how? And are the leaders of companies willing to listen to this and do what is needed?
“success comes from taking advantage of temporary advantage”
“Execute in the present and adapt for the future”
“Become a creative adapter”
The key is to marry the old and the new. Be a traditionalist and a visionary at the same time. What this requires is a diverse team.
2. self support LEARNING!
New ways to blend insights are needed.
Operations and reduction of inefficiency are where people first look when tougher times arrive. But is this the best practice?
Enduring operational change needs attention to SOFT THINGS! Think of the people.
A SHIFT IN CORPORATE CULTURE MIGHT BE THE SOLUTION!
Leading through the line! Line managers need strong people skills and understand management principles to make things work.
Keywords
redefine
expectations
shift
bridging
The problem today is executives are too limited in their thinking! Context to ideas needs to be very clear so employees can understand how and why they are being asked to do things!
OVER COMMUNICATE EVERYTHING INSIDE THE ORGANIZATION
Maybe what we really need are better role models? Are our leaders role models?
3. preparation
We need to be ready for any crisis and it would seem that this is something we do little of.
(intereting to see the number of execs walking out of the talk… not a lot but 10 is too many)
(and then we see another 5 people arrive)
Prepare a crisis plan! Have a team that does this!
(I wonder how many of the execs are actually listening and taking these ideas in?)
1. monitor for risk
2. scenario planning
3. contingency planning (emergency action plan)
The big issue is whether the studets I am here with are listening and hearing their future?
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