What is it about routines that give us such comfort? We eat the same foods, hang with the same people, wear the same clothes, and keep the same hair style. We take comfort in the familiar, we use old habits to anchor ourselves and we delude ourselves into thinking this provides us with control. Jokes on us folks, control is just an illusion.
Now that our routines are upside down and we are faced with undeniable changes ahead, how are you meeting the challenge? Are you focused on identifying new opportunities or are you fighting hard to return to the “good old days”?
Many companies had it good before the crash; some of them are waiting for an opportunity to return to “normal”. No change necessary, no self-examination, and no consideration of new opportunities; let us get back to our old ways of doing things as that’s what we know and that’s what is most comfortable. Will these companies be able to compete in the new world that will emerge? It’s a risky strategy that speaks to the inherent fear people have of change. They are so change-averse that they are willing to return to the old ways rather than considering new ways of doing business. (Does anyone remember the definition of insanity?)
Whether we like it or not, we are surrounded by unprecedented upheaval that is financial, cultural and technological (and very, very global). There is small window as we wind our way through the next 12 to 18 months to seize the opportunity presented by this terrible circumstance to look at our world differently and develop new ways of doing business in the future. As a business leader, what will you do with this once-in-a-lifetime chance? Are you going to keep with your old ways or will you try something new?
There are some days when I am not sure who has it worse….my friends who lost their jobs or my friends who have them. Don’t misunderstand me; losing your job is never any fun. But in this economy, survivor guilt and fear of job loss is such an overwhelming presence in the workplace that it is interfering with the basics and stressing employees to the max. “Keep the lights on”, today’s pervading business strategy, is driving people a bit crazy and taking a major toll on daily productivity. In this difficult economy when businesses are looking to create extreme efficiencies in their operations, the general malaise that has overtaken the average worker is surely slowing the overall economic recovery and that doesn’t help anyone.
With morale way down, business productivity is nonexistent and few companies are looking to the future in any meaningful way. This is a defensive position that creates highly reactionary work environments that are more about hunker down and wait for something to happen. Highly stressed employees adopt an apprehensive, highly suspicious “wait and see attitude”. They are very risk averse and very scared. Their focus is very basic – daily survival. This is the poorest platform for business growth and stability possible. Businesses that are focused short term may meet their immediate survival goals, but survival is hardly a desirable business strategy for the long term.
Now I know change is tough under the best of circumstances. However; are you willing to squander a once in a lifetime opportunity? As the current political administration has recognized, this is an historical moment when ambitious agendas and wholesale change are not only possible, but necessary. Everything must be examined, every option considered.
Without question, with every difficult situation, there is opportunity waiting for those smart enough to seize it. It certainly isn’t always easy nor is it without risk, but opportunities exist all the same. Smart business leaders who are missing this window to re-evaluate their businesses are missing an opportunity of a life time. I believe it is the bold leaders who dare to look forward and decide now what their businesses will be in the future, who plan well and position themselves thoughtfully now will prove themselves the successful leaders of the future.
Thinking through the implications of change
August 25, 2009
I have a pretty high risk tolerance. For me, change is interesting and (dare I say it) fun. But in my years as a change agent and a skilled change management practitioner, I have come to appreciate each organization has a unique tolerance level that’s tied to its culture, its leadership and its history. Any wise business leader considering a major effort should examine their organization carefully and factor this reality into their planning process, particularly if they wish their efforts to be successful.
I thought about tolerance levels a lot this week. I am advising a non-profit considering a major organization re-design. And what started as full transformation has gradually re-shaped into an incremental staff development effort that is much more appropriate given the culture of this group. While this may seem like a bit less ambitious, in this case, even this incremental adjustment is monumental given the organization’s history. It also positions the organization for further meaningful changes in the future if the leadership chooses to continue.
Change has such ripple effects. Some of these ripples are quite small, but some may turn out to be unexpected show stoppers. Change a process, which changes someone’s job, which requires training, which requires a new tool, which needs new data, which comes from different sources and so on and so on. It’s quite exhausting and generally makes people pretty grumpy. And all you wanted to do was update a simple process to save money and make things easier for everyone. Sometimes it hardly seems worth the trouble and heartache.
Ultimately; however, nothing is forever – change is inevitable. Sometimes it’s forced, sometimes it’s not, but it’s always harder than you anticipate. If you need to make a change in your organization, do your business and your employees a favor – step back and think it through before you jump in headlong. Objectivity is a key component in good planning. And if you are too close to be objective, bring in a good change expert to help. Sometimes you may find that what you think you need may cost you more in time, morale and decreased productivity than you are willing to pay.
Maintaining momentum during tough times
September 22, 2009
It’s really hard to listen to the news these days and maintain an optimistic outlook. Times are really tough. Fear is so de-motivating. It sucks up your positive energy and can leave you feeling so helpless. But I sustain myself by understanding that life’s trials can lead to triumphs. If I maintain a view that the future is not yet written, so a positive outcome is possible. This doesn’t make things better all the time, even the biggest optimists have bad moments. So call me a “realistic” optimist or just plain pragmatic. I know I will have bad days, but I chose to not dwell on them. I know things are difficult right now, but I chose to see the possibilities. It really is a conscious choice – one could say a leap of faith – to believe that there is always hope for the future.
So much of any situation is determined by the way we view it – the glass is half full or the glass is half empty. That’s the strange little secret about consumer confidence, successful marketing and effective communications – if the vast majority believes things are good, they are good. Witness the giddy euphoria that struck investors both in the US and abroad during the major market booms in the ‘80’s, 90’s and beyond. We truly believed in the possibility of our own wealth even though it was built on an unsustainable foundation. Conversely, if the vast majority believes things are bad, the downward spiral accelerates. It’s so hard to know how much of the current crisis was impacted by falling consumer confidence. It’s a chicken and the egg problem. What comes first? Too much consumer confidence and people feel invincible. Too little confidence and people despair. It’s schizophrenic – driving the economy way, way up and way, way down at lightning quick speed.
And it’s even more complicated than ever before. The world we live in today is so integrated that the majority is now a global majority. America might be at the head of the line (at the moment) in setting the direction for the majority opinion, but that can certainly change as other countries gain confidence and continue to develop. News gets around fast, information is everywhere and it moves at virtual speed. Going forward collaboration, communication and business will continue to have a global, culturally diverse face. Innovation, competitiveness, managing risk and adopting change will be done in a global arena and it’s going to happen rapidly. It’s a fascinating business problem to manage and a huge opportunity for executive leaders who have good future vision. Isolationist thinking, while somewhat understandable given the current market uncertainty, is an unsustainable business position unless we are willing to drastically reduce our market potential.
So what does the future hold? It’s anyone’s guess at this point. But Pandora’s Box is open wide and shutting down the flow of global information is hardly an option. In fact, “clouds” are available to businesses everywhere. Changes are definitely on the way. Whatever they may be, ever the “realistic” optimist, I continue to hope for the future.