Overcoming Blind Spots for Business Growth– Part Three
Overcoming Blind Spots for Business Growth– Part Three
These days, when you engage in a conversation with others about the “sense” that we have entered into a time of disruption, most people will not dispute this starting point. It is not unusual for people to start to speak about economic disruption, then turn quickly to social or environmental or geo-political disruption. We are living through a historic period of disruption: something is ending while something brand new is emerging.
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Overcoming Blind Spots for Business Growth– Part Two
Overcoming Blind Spots for Business Growth– Part Two
A more common term for the type of blind spot I started discussing in my last blog is “unconscious bias.” Deep dive research is upending our understanding of how we navigate our world and how we make decisions. It turns out that a very large percentage of our decisions are made on auto pilot, based on past experience that may or may not be relevant to current reality. This deaf, numb and blind phenomena has increased exponentially as a result of VUCA. Disengagement, burnout, phobias, self-sabotage, choking in the clutch, angst, outburst and even depression are by-products of VUCA, triggered at the unconscious level due to our own unconscious biases.
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The fates lead them who will, them who won’t it drags (Joseph Campbell)
The fates lead them who will, them who won’t it drags (Joseph Campbell)
Last week I had the privilege of speaking about radical change to a large group of CPAs in Las Vegas. Many CPAs are caught feeling irrelevant as the practices and environment around them constantly evolve, and they must change their behaviour to realize productivity improvements – They are not alone in this.
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Paradigm Shifts and the Light-Core Modality
Paradigm Shifts and the Light-Core Modality
In our last blog we mentioned how there is no point in waiting for the conditions to improve in a VUCA (Volatile, Unpredictable, Complex and Ambiguous) environment such as we’re facing today, because they probably won’t. Mastering VUCA allows your business to claim a point of differentiation that will serve you and your business forever regardless of what is happening in the outside economy. But that requires a paradigmatic shift in how business is conducted that many C-Suite executives haven’t yet mastered.
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Welcome to the VUCA Economy
Welcome to the VUCA Economy
According to the Markit Global Business Outlook Survey , optimism fell sharply in the closing months of 2014, dropping to the lowest levels recorded since the survey began five years ago. More than 6,000 companies took part in the survey and the vast majority reported that their hiring and investment plans were at or near post-crisis lows; price expectations had deteriorated dramatically as well. The survey reported that business optimism fell across the board in all of the world’s largest developed countries, while business expectations fell throughout the main emerging markets. No one appears to be immune from the new wave of discouragement sweeping our world.
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