Thought Patrol Podcast

Thought Patrol Podcast

By Thought PatrolBusinessManagement
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Thought Patrol Podcast episodes

  • Uncommon Sense: Slow Down to Speed Up
    Do you feel like you are always working working working, with little or underwhelming fruit? Does your workday leave you feeling tired, ineffective and unfulfilled? This is actually very common in leaders and their teams.
     
    Sometimes we have to slow down to speed up; and build some white space into our hectic schedules. We are not wired for a sprint; we’re built for a marathon. Like all good runners we have to pace ourselves if we want to win. As the great piece of racing advice says, “to finish first, first you have to finish”.
     
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    3 min
  • Uncommon Sense: Control is an Illusion
    I mentor and train a lot of leaders, a number note that their teams don’t take responsibility, won’t make decisions and don’t think for themselves. Often this frustration is driven from a desire to control them?
    “I love to be micro-managed,” said no one ever. Whether we like it or not, control is an illusion. Even if we think all is under control, it seldom is.
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    3 min
  • Uncommon Sense: Your Team is a Reflection of You
    Is your team not operating well? Do you seem to have ongoing people issues in your business? Here’s some bad news, that may turn out to be good news. Often your team is a reflection of you?
     
    Leaders set the tone and a team will take their standards and even their ethics from you. The standard you walk by will become the team standard.
     
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    3 min
  • 2020 Hindsight: Learn Fast

    If you have a pulse, you’ll have noticed that things changed fast in 2020. The security of the plans we had, the certainty we had assumed, all got thrown out of the window, by of all things, a tiny virus. 

    One thing I teach my clients, and help their companies embrace, is to learn fast and stay agile. It's front and centre in some of the successes that I've had in my leadership past. Yet 2020 has absolutely galvanised that view as I've seen those locked in their old ways failing to respond. Leaders who learned fast were proactive and reactive. Their solutions were relevant, and they pivoted productively. The organisations that were agile we're just able to move faster. As the environment changed, the needs changed, and the opportunities were seized by those able to learn fast. As leadership guru Tom Peters says, “Test fast, fail fast, adjust fast.” So true and never so important as now. 

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    5 min
  • 2020 Hindsight: Stay Connected

    One of the most profound lockdown leadership lessons I've learned, with 2020 hindsight, is the importance of staying connected. I've always known this to be true from a leadership perspective. The aloof leader, locked behind doors, not connecting and not engaging, is rarely effective. 20 years as a CEO of six different companies taught me the power and importance of connection. Yet this year it has been profoundly highlighted to me, and the leaders that I serve.

    So, what do I mean by connection? I’ll leave that to the venerable Brené Brown, who said, “I define connection as the energy that exists between people when they feel seen, heard, and valued; when they can give and receive without judgment; and when they derive sustenance and strength from the relationship.”  That is a very high bar for any commercial environment, and unfortunately not even close in most.  But I think we should all be on that journey as leaders, albeit that Brown’s definition is the ideal.

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    5 min
  • 2020 Hindsight: Stay Simple

    We're continuing our series of 2020 hindsight; a look at lock down leadership lessons, I've learned over the past 12 months. One important factor in successfully navigating a crisis is the need for simplicity. I think there is a lesson for businesses and their leaders to keep it simple. 

    There definitely seems to be something innate in us, that compels us to add complexity where it's not necessary. I think underlying this is the wrong assumption that complexity is a sign of competence. When I hear people being complex or giving long answers, it’s often used as a cover for incompetence or self-justification. In the many turnarounds I've been involved with, the solutions have always been very simple, even in the most complex environments.
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    4 min
  • 2020 Hindsight: Love First

    One of the things that has been a surprising outcome of meeting with groups of leaders during 2020 is a definite change in the usual priorities. Once the urgency of protecting the business and preserving the company was in place, leaders started talking about other things. The often-robust conversations of a purely commercial nature became deeper, and more personal.

     

    Forced time away from work, more connection with family, and a prevailing threat helped us all to reassess our priorities. My 2020 hindsight, leadership lockdown lesson is the importance of putting ‘love’ first. Yes, this is commercial leadership content and yes, I’m talking about love.

    5 min
  • Mindful Leaders See Alternatives
    Mindful Leaders see alternatives. Often when disruption comes, we are blindsided because it comes from industries, sectors or competitors that are outside our experience. If we don’t look far and wide for possible alternatives to our products and services, we get disrupted, replaced or at least commoditised. If we are mindful of alternatives, then we can recognise new opportunities, lower our risk, embrace changes we need to make early and adapt.
    Alternatives like car-sharing rather than ownership, or AirBnB as an alternative to hotels can sideswipe an entire industry. The choices then become very difficult to make, especially if you see it early. These pivots are extremely challenging for the established players because as Kenneth Eade points out, “Most people, faced with two difficult choices, prefer not to choose at all.” This probably explains why incumbents lose to new disruptors especially if it is due to an alternative.VIEW MORE HERE
    4 min
  • Mindful Leaders Know the Trends
    Mindful Leaders know the trends. We all operate in an environment that’s changing. Being mindful of how those trends will change the future operating environment, is critical if we are to lead constructive change. If we're not attuned to trends, we will get sideswiped and surprised by what, in hindsight, will look like the seemingly inevitable. We will be subjected to being reactive, rather than proactive.
     
    Another unfortunate consequence of not identifying changes is not changing quickly enough, is that we are in the middle of the pack of other companies, and so in a highly competitive environment. These pressures, and this situation, lead to a stressful workplace, challenged revenues, with margins under pressure as we fail to innovate into expected trends. 
     
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    6 min
  • Mindful Leaders Challenge the Status Quo
    Mindful Leaders challenge the status quo. Business models are failing faster now than at any time in history. Corporate history is littered with examples of what happens when you don’t innovate and are wedded to the status quo.
     
    Blockbuster, Nokia, Polaroid, Pan Am, General Motors, and ironically the inventor of the digital camera, Kodak. You can even develop the next wave of innovation and still fail through failure to adopt. “Any business today that embraces the status quo as an operating principle is going to be on a death march”. said Howard Schulz. Harsh but non the less true. 
     
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    5 min

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