Post on 20-Jan-2018
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Mike R. Jay, Developmentalist
Mandating Mandating ResilienceResilience
AA Business Case for Adaptive Leaders &
Organizations
Remember:
“…the central banks' calendars are no better than their maps.”
What are the current challenges
for SACU?
Everybody’s Right!
Every single perspective is Right
Every single perspective is Wrong!
Juan Enriquez
A Warning from Latin Americans
The United States requires a massive restructuringrestructuring to address its debt, cutting back on its borrowing, spending, and wars. The bailout package is essential to keep the credit markets open. But absent sentences that include the word austerity all the bailout will accomplish is a temporary postponement. Bailout and stimulus are a stopgap.
Juan Enriquez and Jorge Dominguez
http://www.ted.com/talks/juan_enriquez_shares_mindboggling_new_science.html
1. RadicalRadical! COMPLEXITY
Begins with dramatically increasing uncertainty
What happens with Scenarios in a
Complex “Dynamic” Environment with
Radically Increasing Uncertainty?
ALL SCENARIOS are happening at once…
Simultaneously!
With Changing Dynamics
You must be able to adapt and deploy
varying capability in different densities using uncertain data points…dynamically—in
real time.
In other words…
It’s building an It’s building an airplane while you airplane while you
are flying it!are flying it!
2. Predictable Predictable Change – Change – and a loss of and a loss of perspective…perspective…
3. ResilienceResilience is the is the KEY Success Factor of KEY Success Factor of Adaptive CulturesAdaptive Cultures
We need resilience because…
“You can con investors,” hedge fund manager Igor Lotsvin concluded, “you can con taxpayers, you can con mutual fund managers many times over…but the laws of supply and demand cannot be conned. The supply of distressed inventory is so large that there is not enough of a balance sheet to take it all on…The supply of distressed assets is astronomical.”
No bailout money was used in the production of this automobile.
4. Outlining a Specific Outlining a Specific Path to Adaptive Path to Adaptive OrganizationOrganization
Stable, predictable conditions
Ambiguous, Complex Conditions
© Mike Jay, www.mikejay.com 26
Decentralization being born…
From Stable to unpredictableWe move from stable… To a new structural design
Leaders say Leadership is changing
5. Adaptive OrganizationAdaptive Organization
Developing an Adaptable Workforce: A critical capabilityA critical capability
There can be no doubt that winning in competitive and quickly shifting global markets requires responsive organizations.
However, for many companies, workforce adaptability has been elusive. Among (IBM 2008) study participants, it found that only 14 percent of respondents believe their workforces are very capable of adapting to change.
What do these leading-edge adapters do that others don’t?
Right Leadership
It starts with leadership – having the right people who have the skills andcapabilities to develop and communicate a vision, provide structure and guidance and ultimately deliver business results.
Identity Experts & Foster Collaboration
It requires the ability to identify experts and foster an environment where knowledge and experience travel beyond traditional organizational boundaries.
Talent Management
It calls for a talent model that can help companies recruit, develop and retain valued segments of the employee population.
Real Time Data & Information
It depends on an underlying backbone of data and information about the current and projected state of workforce performance, environmental requirements and the ability to apply that information to develop strategic insights and recommendations in real time.
Beware! There Are Structural
Shifts Occurring?
http://www.sycamoregroupinc.com/financial-planning-for-the-rest-of-your-life/
When you combine the newfound freedoms of the people in economies such as India’s and China’s with demographic projections, you really get a startling picture of what is yet to come. After all, great migrations and population shifts can give us clues of where the economic growth will be and how it might unfold.
Economists Barry Eichengreen and Kevin O’Rourke
Economists Barry Eichengreen and Kevin O’Rourke
“Lord Make Me Chaste, Just Not Yet,” Augustine
“If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.”
--Milton Friedman--
(C) Mike R. Jay, May Not Be Used Without Permission 49
Creating Self-Organizing Systems
My Presentation: Demonstrate dradically increasing
complexity Showed stable, predictive change doesn’t
exist Identified only one key factor of future
success Outlined a specific path of leadership Described Adaptable Organization