Is Your Organization a “House on Fire”?
Is Your Organization a “House on Fire”?
News and business headlines continuously report on organizational crisis like downsizing, layoffs, overleveraged balance sheets, undercapitalized businesses, and bankruptcy. These are technical terms for the simple and traumatic reality of crises threatening an organization’s very existence. It hits all sizes of businesses, non-profits, higher education and municipalities.
Often these stories explain not just the immediate threat to solvency, but trace the decline to past actions, poor decisions, overwhelming competitive or environmental threats, or missed opportunities. These challenges were often visible in the rearview mirror, but not comprehensively addressed, or taken seriously along the way. (more…)
As leaders navigate the uncharted waters of today’s volatile business landscape, teams are looking for more than just directives. They are looking for perspective, insight, and meaning.
Decades ago, as a teenager, I completed my final driver’s training class, eager to put my new skills to use. This rite of passage marked my readiness to navigate the open roads with my permit and a parent by my side. My father met me outside the building in his Ford Pinto wagon (yes, I’m dating myself). He moved to the passenger seat and told me to drive us home. My excitement quickly faded when I realized the car was a stick shift, while I had only learned on an automatic. Undeterred, my father explained how to use the clutch and coached me through every jerky, stalled moment on our way home.
As a leader approaching the end of the year, you’re likely focused on packing as much as you can into the few weeks that are left. This includes completing important work that was likely pushed aside months ago for more urgent priorities, wondering how much vacation time you’ll have to leave on the table, and preparing for the holidays.
Recently, a client said to me, “It’s lonely at the top.” This person was feeling the weight of making major decisions that affect their company, their customers, employees, and shareholders. These are decisions that often must be made without clear or complete information; stakeholders might criticize them; and the impact may not be understood for months or years to come.
Earlier this year I signed up to complete my third half-marathon which is scheduled in October. I consider myself more of a finisher than a runner, but here I am again. I keep doing it because it represents a goal that stretches my physical and mental abilities, and because I’m simultaneously raising money with a group called Love Runs to fight human trafficking. (Our goal is $150,000 and your donation of any size at this
One of the most important roles leaders find themselves in is setting or changing direction for their team. Whatever happened in the past, there is a need to clarify a future that is different or distinct. The operating environment or fundamentals may have shifted. New threats or opportunities may have changed the pathways for progress. And the metrics for success may require modifications.
Imagine that you’re the captain of a container ship, moving valuable cargo all over the world. You’re also part of a worldwide network of maritime container shipping vessels that work together across consolidated routes to provide services. Businesses and people all over the world are depending on you to deliver your goods on time. This is your livelihood and traveling in the open water is your passion.
These are the words of singer Tina Turner’s biggest selling single.1 And since I typically write about leadership, you may be wondering right now, what’s love got to do with leadership?