Strategy #15 in Insight 2020: Leadership Strategies for the Era of Acceleration.
Most organizations have built a structure, culture and leadership style which involves looking back in time to judge what might come next - the thought process being that what happened yesterday will be the best guide to what tomorrow will bring. And so we design accounting and financial systems that use past performance as a guide for the future; insurance risk and actuarial assumptions that use yesterday’s risk factors as a guide to future risk; and agricultural systems that use old data to try to identify new trends. Yet the impact of technology and accelerated change is such that we can increasingly look forward based upon real time data, particularly as connectivity comes to take hold. That’s the theme in today’s leadership opportunity - to align to the era of acceleration, look forward, not back! Are there real opportunities here? Check this clip - I’m on stage speaking about what happens as the science fiction ideas of tomorrow suddenly become real today. The opportunity for…