Training Leaders to Handle Uncertainty: Moving from Knowing to Not Knowing
By Gary B. Cohen
When the Dow Jones industrial average goes from over 14,000 to under 7,000 in roughly a year's time, not much is certain. Will your chief supplier survive the credit crunch? Will customers return to their old spending habits or continue to conserve? Is another industry primed for a crash?
Our government has shown far-reaching power—rescuing companies it deemed too big to fail and letting others succumb to market forces. Will the government become your competition or might it come to your aid?
With many barriers to entry removed—due to easy access to information (much of it free), endless outsourcing options, and discounted equipment and retail/office space—will a new player enter the market and disrupt your entire business overnight? Or will new technology make your bestselling product obsolete?
The present and future is uncertain, and even the past might have to be revisited. What appeared to be a solid company partnership might turn out to be nothing more than an elaborate ponzi scheme. The numbers in your books may be grossly overinflated, depending on whom and what you've trusted.
Thankfully, change is familiar territory for trainers... Read Full Article in Manage Smarter Performance
When the Dow Jones industrial average goes from over 14,000 to under 7,000 in roughly a year's time, not much is certain. Will your chief supplier survive the credit crunch? Will customers return to their old spending habits or continue to conserve? Is another industry primed for a crash?
Our government has shown far-reaching power—rescuing companies it deemed too big to fail and letting others succumb to market forces. Will the government become your competition or might it come to your aid?
With many barriers to entry removed—due to easy access to information (much of it free), endless outsourcing options, and discounted equipment and retail/office space—will a new player enter the market and disrupt your entire business overnight? Or will new technology make your bestselling product obsolete?
The present and future is uncertain, and even the past might have to be revisited. What appeared to be a solid company partnership might turn out to be nothing more than an elaborate ponzi scheme. The numbers in your books may be grossly overinflated, depending on whom and what you've trusted.
Thankfully, change is familiar territory for trainers... Read Full Article in Manage Smarter Performance
Labels: Executive Leadership, Leadership Skills
posted by GCohen at
10:55 AM
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