The beginning of a new career is the end of an old one. For anyone struggling with change, remember that Winter always precedes Spring.
An organisation must address people and processes, mental models and business models, what they do and how their people think. Forcing mechanical change is a fool’s errand. There is always a struggle in any change process, but struggle is a precursor to growth.
Just as we can learn functional principles like air flight from birds, we can also learn soft skills like leadership and teamwork.
We are seeing a global gradual introduction of surveillance in schools. This means children will become accustomed to such surveillance. We need to be wary of the water we jump into to avoid the fate of the boiling frog..
You may have heard that hackers succeeded in hacking Elon Musk’s Starlink internet satellite network using a $25 homemade device. Security researchers have revealed how hardware vulnerabilities allow attackers to access the Starlink system and run custom code on the devices. Starlink (a division of Musk’s SpaceX) encourages hackers to attack its system to uncover security vulnerabilities by offering a bug bounty. We can be sure that Musk and co. Companies employ some of the best engineers on the planet to work in Tesla, Space X, Starlink and Neuralink. The fact that they were hacked so easily should worry us.
Many of the earth’s most enduring organisms from ants to bees encourage specialisation. Likewise, the successful bank of the future will incorporate composite specialists into their superorganism rather than trying to compete on all levels. This approach will not only optimise survival for legacy organisations but will create an ecosystem that caters to changing customer demands. This combination of specialism and diversity applies not to only the most successful organisms, but also to the most successful organisations.
This week’s #thursdaythought is about letting go of assets before they have run their course. It is inspired by the latest episode of The Innovation Show with the author of “Quit” by Annie Duke. Serendipitously it is also influenced by Rita McGrath, who joined us in person this week in Dublin.
Like the monkey holding the fruit, many of us cling to the past with clenched fists. We clutch to painful memories, we hold grudges, and we harbour what-ifs. We defend successes, mental models and the personas we have worked hard to develop. When we dwell on the past, we use up valuable energy that we could use to create our future.
Stealing From The Future: Decaffeinate Your Strategy. Business Leaders steal from their future the same way coffee robs from our sleep.
Have you ever reported a “win” to a boss and they were visibly disgusted? You probably broke one of the laws outlined by Robert Greene in “The 48 Laws of Power”, you never outshine your boss!