Building a Resilient Future
As we approach either the end of your fiscal year or the start of 2026 planning, it's essential to focus on nurturing the next generation of leaders within our organization. By providing opportunities for rising stars, ensuring cultural fit, and maintaining market awareness, we can build a robust foundation for future success.
Three Key Takeaways
1. Empowering Rising Stars
Cultivating Leadership – As the year comes to an end, consider finding ways to highlight the next wave of leadership by challenging them to provide insights into what has been deemed the highest priority for the organization.
Action: Identify young top performers and involve them in key priority initiatives. Regularly meet with them to provide mentorship and guidance. This approach not only shapes future leaders but also fosters a culture of empathy and urgency.
2. Ensuring Cultural Fit
Building Cohesive Teams – With AI and Digital Transformation of business process accelerating the process of selecting key leaders is challenging as much of the new work is in fact new. We need experts that can translate the work and facilitate the change.
Action: When integrating new leaders, take the first 90 days to ensure they fit well with the organizational culture and are fully engaged. Although it may seem frustrating to wait, this investment pays off by creating a more cohesive and effective team.
3. Maintaining Market Awareness
Staying Informed – There have always been non-economic indicators that have given me perspective on the economy: The ability to book a reservation at a restaurant, limo/Uber/Lyft driver views on business and vending machine food purchases.
Action: Use non-economic indicators to gauge the economic climate. For example, ask a driver about their work or try booking a restaurant on a Thursday evening. These small actions can provide valuable insights into the broader market conditions.
Concluding Remarks
This theme emphasizes the importance of preparing our organization for long-term success by nurturing leadership, fostering a cohesive culture, and staying informed about market conditions.
By focusing on these areas, we can ensure our organization is adaptable, strong, and ready to face future challenges.
My Challenge To You
Ask three people outside your usual circle how they see the economy. What surprises you?
