Leadership for a better world
We live in the midst of the worse financial crisis in more than 50 years, and take heart in the decline of oil prices as a sign of the easing of yet another crisis – the “energy crisis.” Yet, at a time when new ideas are the only hope for our economic salvation, the real “energy” crisis is to be found in the inability of tired, old institutions producing the innovation and creativity that we are so desperately searching for. In fact, today’s real energy crisis is represented by our inability to rise to the occasion with new insights and approaches. Despite the enormous pool of talented people that have characterized almost two decades of globalization, most of these individuals and their ideas continue to be ensnared in organizational cages left over from periods of capital- and labor-intensiveness, designed for command and control, rather than liberation and excellence. The results: great people achieving mediocre results. What an extraordinary waste!
[This article has been reproduced with permission from IMD, a leading business school based in Switzerland. http://www.imd.org]