© Dr Bettina von Stamm
Session 7 Thriving in the 21st century
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© Dr Bettina von Stamm
Bringing leadership into the 21st century
52 2017
Adapted from: “Complex Adaptive Leadership”, Nick Obolenski, 2010
© Dr Bettina von Stamm
Effectuation
• Think, decide, and act like successful entrepreneurs
• Based on the work of University of Virginia Darden Professor Saras Sarasvathy (2001)
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© Dr Bettina von Stamm
The 5 principles of effectuation
54 2017
Principle What it means
The Bird in Hand
- rather than starting by setting a fixed goal, start with where you are, what you know, and whom you know.
The Affordable Loss
- invest only what you can afford to lose.
The Crazy Quilt
- create an expanding network of self-selected stakeholders.
Lemonade- be open to surprises and leverage them; treat them as useful inputs rather than hindrances to be avoided.
The Pilot in the Plane
- co-create the future with things that are within your control, move one step at the time.
© Dr Bettina von Stamm
Modern Leaders ...
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1. Expressive 6. Flexible
2. Plans for the future 7. Patient
3. Decisive 8. Resilient
4. Reasonable 9. Intuitive
5. Loyal 10. Collaborative
Source: John Gerzema, 2012, HBR.ORG
© Dr Bettina von Stamm
Some books to delve deeper
56 2017© Dr Bettina von Stamm 7th October 2016
Different thinking ...
#ITIInnovation
Consequence …
© Dr Bettina von Stamm 7th October 2016
Different thinking ...
© Dr Bettina von Stamm 7th October 2016
Cradle to Grave
© Dr Bettina von Stamm 57 2017
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