{"id":4103,"date":"2019-10-22T11:47:20","date_gmt":"2019-10-22T00:47:20","guid":{"rendered":"https:\/\/strategiesforinfluence.com\/?p=4103"},"modified":"2019-10-22T17:18:25","modified_gmt":"2019-10-22T06:18:25","slug":"leadership-the-big-ideas","status":"publish","type":"post","link":"https:\/\/strategiesforinfluence.com\/leadership-the-big-ideas\/","title":{"rendered":"Leadership – The BIG IDEAS"},"content":{"rendered":"\n
In this resource section, we bring together the Big Ideas<\/em> from all the “Leaders of Influence” that have been featured in other articles. These “Thought Leaders”<\/em> have had, and continue to have significant influence and impact on leadership thinking. Their Big Ideas have influence Leadership, Organization Processes, Businesses, Culture, and Politics around the world. <\/p>\n\n\n\n These Big Ideas<\/em> refer to core concepts, principles, theories, and processes that reflect “thought leadership”<\/em> that was innovative at the time of their publication. These Big Ideas<\/em> continue to echo in current leadership mindsets and in the training of future Leaders and Managers who influence organizations of all types. Understanding these Big Ideas<\/em> will help you better navigate change and thrive in your career, leadership and business.<\/p>\n\n\n\n The originators or authors of these Big Ideas<\/em> have sold millions of books that have become bestsellers based on their Big Ideas. They have also gone on to create long-term careers as educators, speakers, and service providers based on their Big Idea<\/em>. Explore below these Big Ideas<\/em> and the Leaders of Influence<\/em> behind these ideas.<\/p>\n\n\n\n Porter\u2019s Five Forces Framework<\/strong> is a tool for analyzing the competition of a business. It draws from economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness of an industry in terms of its profitability.<\/p>\n\n\n\n An \u201cunattractive\u201d industry is one in which the effect of these five forces reduces overall profitability. The most unattractive industry would be one approaching \u201cpure competition,\u201d in which available profits for all firms are driven to normal profit levels.<\/p>\n\n\n\n Porter\u2019s Five Forces<\/strong> include:<\/p>\n\n\n\n Porter\u2019s Five Forces<\/strong><\/em><\/p>\n\n\n\n Daniel Goleman\u2019s book \u201cEmotional Intelligence: Why It Can Matter More Than IQ\u201d was published in 1995. In the book, Goleman posits that emotional intelligence is as critical as Intelectual Quotient (IQ) for success, including in academic, professional, social, and interpersonal aspects of one\u2019s life.<\/p>\n\n\n\n Goleman proposes that emotional intelligence is a skill that can be taught and cultivated, and outlines methods for incorporating emotional skills training.<\/p>\n\n\n\n Emotional Intelligence (EI) or Emotional Quotient (EQ) is the capability of individuals to recognize their own emotions and those of others. Emotional Intelligence includes the ability to discern between different feelings and label them appropriately. High Emotional Intelligence individuals can use emotional information to guide thinking and behavior and to manage and adjust emotions to adapt to environments to achieve one\u2019s goals.<\/p>\n\n\n\n Although the term Emotional Intelligence first appeared in a 1964 paper by Michael Beldoch, it gained popularity in Goleman\u2019s 1995 book. Criticisms since these proposals have centered on whether EI is real intelligence and whether it has incremental validity over IQ and other personality traits.<\/p>\n\n\n\n Rachel Botsman, author of \u201cWhat\u2019s Mine Is Yours: The Rise of Collaborative Consumption,\u201d defines collaborative consumption as \u201ctraditional sharing, bartering, lending, trading, renting, gifting, and swapping redefined through technology and peer communities.\u201d<\/p>\n\n\n\n Botsman states that we are reinventing \u201cnot just what we consume, but how we consume.\u201d Botsman defines the three systems that make up collaborative consumption.<\/p>\n\n\n\n These different systems are changing society. They provide new employment opportunities, including ways for people to earn money peer-to-peer, and decreasing the ecological impact on the environment.<\/p>\n\n\n\n Jim Collins\u2019 book \u201cGood to Great: Why Some Companies Make the Leap\u2026 and Others Don\u2019t\u201d<\/em> describes how companies transition from being good companies to great companies, and how most companies fail to make the transition. \u201cGreatness\u201d is defined as financial performance several multiples better than the market average over a sustained period.<\/p>\n\n\n\n Collins and his research team identified a set of elite companies that made the leap to great results and sustained those results for at least fifteen years. Collins identified seven characteristics of companies that went from \u201cGood to Great:\u201d<\/p>\n\n\n\n \u201cGood to Great\u201d is about how to turn a good organization into one that produces sustained great results. Collins\u2019 book\u00a0\u201cBuilt to Last\u201d<\/em>\u00a0is about how to take a company with great results and turn it into an enduring great company of iconic stature.\u201d<\/p>\n\n\n\n Core Competency\u00a0<\/strong>is a concept introduced by C. K. Prahalad and Gary Hamel. It is defined as the combination of multiple resources and skills that distinguish a firm in its marketplace. It is the foundation of the organization\u2019s competitiveness.<\/p>\n\n\n\n Core Competencies<\/strong> fulfill three criteria:<\/p>\n\n\n\n A core competency results from a set of skills or production techniques that deliver additional value to the customer. These Competencies enable an organization to access a wide variety of markets.<\/p>\n\n\n\n The core business of an organization is an idealized construct intended to express that organization\u2019s essential activity. This idea enabled the phenomenon of outsourcing, which allowed companies to hand over to others the processes and operations, such as IT, which were not \u201ccore\u201d to their business.<\/p>\n\n\n\n Christensen\u2019s best-selling book, \u201cThe Innovator\u2019s Dilemma: When New Technologies Cause Great Firms to Fail,\u201d published in 1997, is focused on disruptive innovation. The book expands on the concept of disruptive technologies, a term he coined in a 1995 article \u201cDisruptive Technologies: Catching the Wave.\u201d<\/p>\n\n\n\n The Innovator\u2019s Dilemma demonstrates how successful companies can do everything \u201cright\u201d and yet still lose their market leadership, due to new, unexpected competitors rising up and taking over the market. There are two critical parts to this dilemma.<\/p>\n\n\n\n The new smaller, more nibble entry companies do not require the yearly sales of the incumbent and thus have more time to focus and innovate. By the time the new product becomes attractive to the incumbent\u2019s customers, it is too late for the incumbent to react to the new product. It is too late for the incumbent to keep up with the new entrant\u2019s rate of product improvement and innovation.<\/p>\n\n\n\n Malcolm Gladwell\u2019s third non-fiction book, \u201cOutliers: The Story of Success,\u201d<\/em> was published in 2008. Throughout the book, Gladwell references the \u201c10,000-Hour Rule.\u201d Gladwell viewed the rule as a key to achieving world-class expertise in any skill. To a large extent, a matter of practicing the correct way, for a total of around 10,000 hours was a common factor for most successful people.<\/p>\n\n\n\n The \u201c10,000-Hour Rule\u201d, was based on a study by Anders Ericsson. Gladwell claimed that greatness requires an enormous time investment in practice, and he provides several examples, including the Beatles, Bill Gates, and others. Gladwell explains that achieving the 10,000-Hour Rule, is the key to success in any field, is simply a matter of practicing a specific task for a long time. The 10,000-Hour Rule can be accomplished with 20 hours of work a week for ten years.<\/p>\n\n\n\n Gladwell also notes that he himself took ten years to meet the 10,000-Hour Rule, during his tenure at The American Spectator and The Washington Post.<\/p>\n\n\n\n A Case Western Reserve University team has subsequently performed a review of over 9,000 research papers about practice relating to acquiring skills. In their paper, they found that deliberate practice explained 26% of the variance in performance for games, 21% for music, 18% for sports, 4% for education, and less than 1% for professions. They conclude that deliberate practice is important, but not as important as has been argued in Gladwell\u2019s book.<\/p>\n\n\n\n John Kotter\u2019s 8-Step Process for Leading Change has become the benchmark model for managing large-scale change and consists of eight stages include:<\/p>\n\n\n\n Simon Sinek\u2019s Big Idea is covered in his book titled \u201cStart With Why: How Great Leaders Inspire Everyone to Take Action.\u201d<\/em> The book explores the two main ways to influence human behavior. Either by manipulation or inspiration. Sinek argues that inspiration is more powerful and sustainable.<\/p>\n\n\n\n Sinek proposes that people are inspired by a sense of purpose or \u201cWhy.\u201d<\/em> Why is at the center of the golden circle and that this should come first before communicating, \u201cHow\u201d<\/em> and \u201cWhat.\u201d<\/em><\/p>\n\n\n\n The golden circle idea has the \u201cWhy\u201d in the innermost circle representing people\u2019s motives or purposes. The “Why”<\/em> circle is surrounded by a circle labeled \u201cHow<\/em>\u201d representing processes or methods. The final enclosing circle is the \u201cWhat,\u201d<\/em> representing results.<\/p>\n\n\n\n Discovery-driven planning is useful when operating in areas with significant amounts of uncertainty. It differs from conventional planning by incorporating flexibility in the project by allowing iteration on targets and budgets.<\/p>\n\n\n\n In discovery-driven planning, it is assumed that the planing parameters may change as new information is acquired. In discovery-driven planning, funds are released based on the accomplishment of key milestones or checkpoints, at which point additional funding can be made available based on reasonable expectations of the next step success.<\/p>\n\n\n\n Discovery-driven planning has five critical elements:<\/p>\n\n\n\n The benefits of discovery-driven planning are that it is possible to iterate the ideas in a plan, and it encourages experimentation at a low cost.<\/p>\n\n\n\n Nilofer Merchant coined the term \u201cOnlyness,\u201d<\/em> to explain how to unleash undiscovered talent, ideas, and innovation lying within an organization. Merchant argues that, in the face of new, transformative technologies, organizations need to re-invent themselves, which means opening themselves up to the new social era.<\/p>\n\n\n\nMichael Porter –<\/strong> Five Forces Analysis<\/strong><\/h2>\n\n\n\n
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\n\n\n\nDaniel Goleman – Emotional Intelligence<\/strong><\/h2>\n\n\n\n
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\n\n\n\nRachel Botsman – Collaborative Consumption<\/strong><\/h2>\n\n\n\n
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\n\n\n\nJim Collins – Good to Great<\/strong><\/h2>\n\n\n\n
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\n\n\n\nGary Hamel –<\/strong> Core Competencies<\/strong><\/h2>\n\n\n\n
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\n\n\n\nPeter Drucker \u2013 Big Ideas<\/strong><\/h2>\n\n\n\n
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\n\n\n\nClayton M. Christensen – The Innovator\u2019s Dilemma<\/strong><\/h2>\n\n\n\n
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\n\n\n\nMalcolm Gladwell – 10,000-Hour Rule<\/strong><\/h2>\n\n\n\n
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\n\n\n\nJohn Kotter – 8-Step Process for Leading Change<\/strong><\/h2>\n\n\n\n
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\n\n\n\nSimon Sinek – The Golden Circle<\/strong><\/h2>\n\n\n\n
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\n\n\n\nRita McGrath Discovery-Driven Planning<\/strong><\/h2>\n\n\n\n
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\n\n\n\nNilofer Merchant – The Future of Work in the Social Era<\/strong><\/h2>\n\n\n\n