I and others have long understood something about leadership: A traditional leader is someone with the ability to inspire and motivate others at their business or organization. A leader is someone who exemplifies honesty, integrity, and responsibility in every action they take, but it is more than that. Being a leader is also about taking the correct actions at the correct time.
While acting with integrity is a huge facet of business leadership (and leadership of any other kind), it is the decision-making capabilities of those in charge that can make or break an organization, especially now. Before we go any farther, I want to be specific about one thing: mistakes. Leaders are human, and I am not saying you cannot make mistakes. Failure is a part of life and an integral part of being an Anticipatory Leader, as long as you learn from those failures and use them to keep moving forward.
I am saying that the decisions we make about where the marketplace is headed, what new innovations we pursue, and our goals for our organizations affect everyone working underneath us as well as our success in this ever-changing, technology-driven world. The leadership quality that the most successful organizations around the world have in common is their ability to anticipate the future and make effective, low-risk decisions based on that information.
Contemporary Leaders Do Not Fight Fire with Fire
The world is currently undergoing a massive digital transformation, from the increasing integration of Internet of Things (IoT) technology to the many artificial intelligence (AI) advancements. You may not realize this, but many organizations are sitting back and letting this technological evolution disrupt them. They are taking a wait-and-see approach, holding off on making decisions until they absolutely have to react, ultimately leading them to have to put out the fires they allowed to approach.
This tactic may have appeared to be the best option in the past, but it never really was. Putting out fires as some type…