Tuesday, January 15, 2008

Classical VS 21st Century Leadership Imperatives

Leadership in the 21st century has taken on a new dimension and is significantly altered from what was obtainable in ancient, medieval and the pre-2nd millennium era. The demands placed on today's leaders are unique and unconventional, meaning that those who would be effective in this mordern and hi-tech era would have to do 2 things quite well.
Learn and acquire the new required skills swiftly and equally important, unlearn and discard old, traditional and no longer effective ways of exercising and manifesting quality leadership.

Classical leadership traits and fundamentals:

  • Influence
  • Charisma
  • Lineage/family line
  • Eloquence
  • Physical ability
  • Reactive
  • Positional

21st century leadership cornerstones:

  • Information
  • Technology
  • Change/innovation (agility)
  • Opportunities (foresight)
  • Communication and strategic intent
  • Effectiveness
  • Proactive-ness

This is basically self explanatory. I would elaborate on how each of these traits fit into their respective classifications in subsequent postings, but I’ll let you ponder upon these and draw on the power of your most-prized asset (your mind!) as self discovery is often the best way to learn.
Each of these traits (particularly those of the 21st century) can be further understudied to reveal how they strategically fit into the core-requirements for delivery and exceeding performance in whatever projects or engagements undertaken in the global/information society and capitalist/free-market place of today.

Sunday, January 13, 2008

Hallo Friends. Welcome to the Strategic Year of 2008

Hello friends. I believe it’s been a great start into the New Year for you, and believe me, 2008 would be the best year yet (say Amen now!) Well, I want to apologise for failing to update my blog page regularly. Some have visited my site http://www.adetayo.blogspot.com/ a number of times expecting to see something new (but were disappointed), but be rest assured, there’s going to be something new at least every other week this new year. (I should let you know that I changed my job about three times last year, and was involved in quite a lot of relatively disconnected activities but this year has been declared one of greater glory (by my pastor, Rev Yinka Ojo – obviously echoing God’s mind) and experiencing this Chabod and Shekinah requires focus and consistency.

Alright, let’s shoot! I will use the first quarter of 2008 to share my thoughts on Strategy, Leadership, Values, Cause, competitive advantage and ‘spirituals’(other themes would also feature from time to time). These are highly critical and brain tasking mysteries that several leading authors and consultants of repute are still trying to unravel. (I guess you are then wondering…..’so what makes you think you’ve got what it takes to talk about, or perhaps provide insight into this high-octane arena that has kept Harvard Professors, thought leaders on strategy and CA, executives of PwC, Mckinsey, Boston Consulting group…..e.t.c working over time?’)

Well, let’s just say my mind, head and most-importantly Heart (or ‘Spirit man’ for those of us that understand the language of ‘Spirituals’) have been doing significant work along these lines, and I believe the little that I have to say would add value, and help at least a few people make better decisions that will impact their communities, constituencies and stakeholders positively. Hope you get the point!?

I was perusing the initial issue of Harvard Business Review in 2008 (and guess what? The cover page and most of the content echoed strategy and leadership!) Before I had even read through the magazine, the very first sentence in Prof. Michael Porter’s revised “Five Competitive forces that shape strategy’ (or something like that) was rendered invalid and/or inaccurate by Dr. Oren Harari on his aw-inspiring blog at http://www.harari.com/blog/. This probably provides you with some degree of insight into the intense warring amongst diverse schools of thought on these hotly contested themes.

Alright then, too much talk and too little action isn’t my style, so I’ve got to halt and get to the crux of the matter. Wish you the best as you learn a few things from my posts in 2008.

Sunday, October 07, 2007

Disruptive Forces: Technology (the internet) and People

The disruptive technology is simply what I call the world’s internet. A few years back, the internet was basically viewed as just another tool for business, communication and entertainment. Most organizations probably just put up a website that displayed minimal corporate information. The internet was perceived to hold so much potential but most did not attach extraordinary importance to maximising its potential at that time.

Today, the internet has truly become the world’s internet. The 21st century is right here and the world has become a totally different place. Globalization (amongst other forces) has now distinguished the internet as the unrivalled platform for conducting any sort of business activity ranging from those of SMEs to multinationals.
The virtual world is fast adopting all the characteristics of the traditional real world and in a few decades, what is referred to as the virtual world at present may hold more significance than the traditional real world. The Matrix after all may prove to be more than just an imaginary concept and a figment of the wachowski brothers’ imagination.

Second Life
is a rapidly expanding virtual community that provides an online society within a 3D world, where users can explore, build, socialize and participate in their own economy. A downloadable client program called the Second Life Viewer enables its users, called "Residents", to interact with each other through motional avatars, providing an advanced level of a social network service. Residents can explore, meet other Residents, socialize, participate in individual and group activities, create and trade items (virtual property) and services from one another. Second Life's virtual currency is the Linden Dollar (Linden, or L$) and is exchangeable for US Dollars in a marketplace consisting of residents, Linden Lab and real life companies.

For businesses of whatever size, technology has become an absolutely indispensable tool. In-fact, a comprehensive IT strategy that makes adequate provisions for enterprise-wide knowledge management, performance improvement, process abstractions amongst others is imperative for corporations today and is viewed as a pre-requisite for survival in today’s acutely competitive global business environment. Peter Cohan (one of the world’s top technology strategists) said ‘the few firms that persist and ultimately achieve integrated transactions are more likely to enjoy a sustainable advantage over those that give up’.

Facebook, Google, Yahoo, MySpace and Microsoft are living examples of multi-million, perhaps billion dollar companies whose focus has been on people and Technology. The Foreign Exchange Market is another example of an industry that has so expanded as a result of these twin concepts. Current global daily transactions are upwards of $4 trillion daily!…providing market liquidity and accessibility levels never before experienced. Companies like Currenex have made this possible by connecting over 70 global banks to their state-of-the-art currency exchange engine. This has made Currency speculation a business the average citizen can engage in (though Peter Bain, a foremost trading tutor warns that forex-trading isn’t for the faint at heart but involves serious study, commitment, perseverance and development of a personal trading strategy).

Technology by itself is incapable of repositioning most organizations for high profitability. We live in times of knowledge proliferation and corporations are increasingly recognising the indispensability of the human resource. Warren Bennis remarked in Business Minds that “intellectual capital has supplanted capital as the critical success factor”.
The wealth of today’s organization is resident in its people. The expectations from today’s leaders are therefore totally different from what they used to be.

For those that want to remain relevant, and perhaps maintain relevance, recognition of and exploitation of these core duo resources (i'm not talking about intel processors here) remain central. People and Technology constitute the initial steps to achieving sustainable success, and realizing market dominance in the case of businesses.

It's no more an option for businesses, institutions, governments or individuals. You've got to embrace People and Technology now!

Sunday, May 20, 2007

The Disruptive Factor

hello guys! been quite a while and i apologize for not adding content since.

Human minds somewhere, somehow have always found a 'new' method, perharp a new discovery that changes the rules and eventually forces everyone else to change, or lose out, i mean completely!
What i mean is there's always that dispruptive technology that comes along, and redefines the way things are done.
We've had the agricultural revolution, industrial revolution and lately, information technology, but the big question on your lips might be what next?
Well, there are many possibilities and just before i go further, i'd like us to look at how IT has evolved.
We started with vacuum tubes, then mainframes, then the PC came along, then the Internet evolved, and now, with hot spots and fibre backbones, satellite communications and mobile networks, convergence couldn't be less visible. Some people call it the era of social networking but Cisco prefers to use the term "the human network".

IT has now become a 'commodity' and what matters now is not how fast that processor is, what advanced feautures that software has, or how compact that portable device is but how this piece of hardware and software can really meet my needs in a simple and efficient way (that includes saving costs too and ensuring that i'm not exposed to risks of any sort).

i'll talk about the disruptive factor in just a while. (have to attend to something urgent!)

Friday, September 15, 2006

Widespread Creativity & Problem Solving: Basics for the African Renaissance

“How reconcile this world of fact with the bright world of my imagining? My darkness has been filled with the light of intelligence, and behold, the outer day-light world was stumbling and groping in social blindness”.

These gracious words were uttered by Helen Keller, American author and lecturer who through the painstaking support and mentorship of Anne Mansfield Sullivan at the initial request of Alexander Graham Bell (Telephone Inventor) overcame physical handicaps including blindness and deafness and has served as an inspiration for many, both the physically challenged and the “supposedly whole”.
She traveled many countries of the world and was very active in socialist causes. Her life eventually became a subject of a motion picture, The Unconquered and a play, The Miracle Worker by William Gibson.

She rightly observed that the world she lived in was one predominantly built upon facts in the sense that tradition, conformity, factualism and resistance to adventurous but constructive change stood in the way of human creativity, development and the realization of endless possibilities. As some have rightly commentated, Adversity fortifies and reveals hitherto concealed competencies (if you we are lucky enough to pull through, but we almost always do) and this possibly explains Keller’s ability to recognize and explore her bright world of imagining! Her darkness (physical blindness and deafness) experienced salting with the emancipating light of her intelligence while the generality of the outside world, though possessing physical vision, kept thrusting along the path of social blindness.
This brings into remembrance the words of my foremost social-development mentor and freedom crusader, also considered to be one of history’s greatest orators, Dr. Martin Luther King Jr. He remarked: “every man must choose either to walk in the light of creative altruism or in the path of destructive selfishness”.
Though without sight, her inner eyes, mental vision, and passion for positive non-violent change in society distincted her and etched her name in Gold. Little wonder she later remarked in similar fashion as Benjamin Elijah Mays (Martin Luther King’s Mentor) that “the greatest tragedy of life is to be endowed with natural sight, but lack aim and vision in life”.

Keller lived at a time when creativity was not common place and only a few dared express themselves thoroughly. However, the 21st century has surfaced and needs no further announcement. Condensed information (knowledge) has been intensely proliferated and the pace of technological innovation has redefined business, economic development and even the very art of breathing and existence. Creativity and problem solving has now become a universal currency and medium of exchange. Effectiveness, climbing profits and results have become the metrics of corporate performance. The scriptural extract “do you find a man skillful and diligent in what he does, he shall stand before kings, not mean men” is being fulfilled more than ever before.
Wealth creation is increasingly being linked with problem solving and neo-developmental economic policies the world over are consistently reflecting this ideology. These policies have stressed people empowerment, collaboration, market decentralization and the provisioning of an enabling environment and access to all forms of capital (financial, relational, intellectual and spiritual) that will encourage entrepreneurship and pervasive harnessing of local opportunities. Niche-players are increasingly attaining significance and this is evident even in the operations of Intel, a major global player in the processor, hardware and wireless technology market. Intel now subcontracts a lot of its production and R&D jobs to smaller but more effective companies. They simply furnish these companies with their resources and research labs and allow them to focus on their highest competencies. Intel realized her success may soon loose significance if she attempted continuing all her technology-development operations in-house. Henry Blackaby, author and consultant to many Fortune 500 CEOs rightly remarked that “the small service-oriented companies are the companies of the future”.

Africa has however lagged behind in the Creativity Era. While economic development indices of highly industrious Asian and South-American countries are experiencing all time highs, we are still slowly reeling out of the socio-economic mess we almost drowned ourselves in. This is not to undermine the scattered substantial progresses made. Reduction in HIV rates in some countries like Uganda, thriving democracy in Ghana, Nigeria, Tanzania and a few others, continent-wide debt forgiveness, economic reforms (Ghana and Tanzania’s reforms ranked 9th and 10th worldwide while Nigeria is ranked 94th,…hmmm) are proofs of improvement. The cause of our slowed growth has been attributed to many factors that we are all familiar with and needs no further emphasis but failed leadership has been perceived as the premier culprit. The virus of malfeasance, irresponsibility and hate has long eaten deep and everyone of us is now directly or indirectly responsible and should be held accountable if the trend persists.

There are enormous policies, value-entrenching campaigns, re-orientations, societal changes and reforms that ought to be put in place for a 180 degree turn-around in our situation but I’ll leave all of that for the corporate and economic development geniuses like the Pat Utomis and Okonjo-Iwealas of this world. However, in the spirit of the theme of this publication, analytical problem solving (a product of strong analytical positive thinking and research) and spontaneous creativity on the part of everyone (including government, industry, civil society, you and I) will be more decisive in our pursuit of freedom from poverty. Poverty has been attributed to be more of a mental state than a physical condition, hence psychological, mental and intellectual wealth are a pre-requisite to material abundance. What we all crave is success and fulfillment and research has revealed that those with a balanced mix of intrinsic (personal) and extrinsic (societal and people oriented) Life-goals and Vision have experienced much greater fulfillment and a sense of accomplishment than all others. As a mentor once implied, “recognition of a deficiency in a system is the proof of a calling to rectification of same”. Rather than become mere spectators, we all have a call to conscience that ought to spur us into relevance, significance and sensitivity to the challenges facing our richly endowed kingdoms and domains.

The African Renaissance and the New Nigeria Dream after all are not mere products of illusion and vague imagination. They are practical, achievable and surpass-able targets.
The 2025 vision of Nigeria becoming one of the most desirable countries of the world to live in is certainly realizable.
Niyi Adesanya, Gbenga Sesan, Fela Durotoye,……….and a brewing Army of tough-minded, tender-hearted, young, focused, sound, God fearing and tenacious non-conformists, problem solvers, entrepreneurs and roving leaders with the support of the Ancient of Days will ensure accomplishment of this vision.
You had better join in now!