Mike R. Jay, Developmentalist Mandating Resilience A Mandating Resilience A Business Case for...

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Mike R. Jay, Developmentalist Mandating Mandating Resilience Resilience A A Business Case for Adaptive Leaders & Organizations

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What are the current challenges for SACU?

Transcript of Mike R. Jay, Developmentalist Mandating Resilience A Mandating Resilience A Business Case for...

Page 1: Mike R. Jay, Developmentalist Mandating Resilience A Mandating Resilience A Business Case for Adaptive…

Mike R. Jay, Developmentalist

Mandating Mandating ResilienceResilience

AA Business Case for Adaptive Leaders &

Organizations

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Remember:

“…the central banks' calendars are no better than their maps.”

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What are the current challenges

for SACU?

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Everybody’s Right!

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Every single perspective is Right

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Every single perspective is Wrong!

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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

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1. RadicalRadical! COMPLEXITY

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Begins with dramatically increasing uncertainty

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What happens with Scenarios in a

Complex “Dynamic” Environment with

Radically Increasing Uncertainty?

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ALL SCENARIOS are happening at once…

Simultaneously!

With Changing Dynamics

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You must be able to adapt and deploy

varying capability in different densities using uncertain data points…dynamically—in

real time.

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In other words…

It’s building an It’s building an airplane while you airplane while you

are flying it!are flying it!

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2. Predictable Predictable Change – Change – and a loss of and a loss of perspective…perspective…

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3. ResilienceResilience is the is the KEY Success Factor of KEY Success Factor of Adaptive CulturesAdaptive Cultures

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We need resilience because…

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“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.”

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No bailout money was used in the production of this automobile.

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4. Outlining a Specific Outlining a Specific Path to Adaptive Path to Adaptive OrganizationOrganization

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Stable, predictable conditions

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Ambiguous, Complex Conditions

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© Mike Jay, www.mikejay.com 26

Decentralization being born…

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From Stable to unpredictableWe move from stable… To a new structural design

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Leaders say Leadership is changing

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5. Adaptive OrganizationAdaptive Organization

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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?

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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.

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Identity Experts & Foster Collaboration

It requires the ability to identify experts and foster an environment where knowledge and experience travel beyond traditional organizational boundaries.

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Talent Management

It calls for a talent model that can help companies recruit, develop and retain valued segments of the employee population.

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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.

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Beware! There Are Structural

Shifts Occurring?

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http://www.sycamoregroupinc.com/financial-planning-for-the-rest-of-your-life/

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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.

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Economists Barry Eichengreen and Kevin O’Rourke

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Economists Barry Eichengreen and Kevin O’Rourke

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“Lord Make Me Chaste, Just Not Yet,” Augustine

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“If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.”

--Milton Friedman--

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(C) Mike R. Jay, May Not Be Used Without Permission 49

Creating Self-Organizing Systems

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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