Something’s got to give
Earlier this year, somewhat bewildered by our leaders and their actions (or lack thereof) over the previous few years, I wrote a post “Playing without the Queens“. In it I expressed surprise at the notable lack of public reaction as bankers and financial service leaders decimatad our global economies, while the populace merely ” whimpered ” from the sidelines. Our medieval forebears would certainly have revolted and literally broken the “banca” in protest. However, only a few months later in the Middle East and North Africa populations took to their streets and now in the U.K. certain sections of the community are doing the same. Unfortunately, I am still just as bewildered.
In London there is currently a period of crisis management, but I feel sure that before the door has closed on the broom cupboards, the blame game will undoubtedly start. For me there is one overriding message. Tony Robbins words echo loudly ” If you do what you always done, you’ll get what you’ve always gotten”. Something has to change.
We have seen in recent years “Masters of the Universe ” bankers such as Fabulous Fabrice Tourre in their designer suits, caught, through negligence/ dishonesty/ incompetence or a combination of all three, vandalising global economies to the tune of …billions, getting off pretty much free and easy, with barely a dent to their 7 figure bonuses. According to Sky News the bank bail out will cost the average British tax payer £3500. This week, yobs in hoodies from Hackney, will almost certainly receive custodial sentences for vandalising shops, nicking trainers and mobile phones to the tune of… hundreds. Political figures will take the moral high ground and preach to us, while many, only last year, were even tacitly, part of massive expense scams. Organisations are struggling to keep up with, and adapt, to changes outside the workplace. Unemployment amongst young people is reaching all time highs in many developed economies. Whole countries are bankrupt.
Lost in thought?
Courtesy of Lee Carey I came across this organisation
The Thinkers 50. The 2011 Thinkers 50 will be unveiled on November 14 in London at the first ever Thinkers 50 Summit. Now as you know I’m not crazy about the composition of think tanks in general, but in 2009 there were only 3 women on the list and one of those was part of an INSEAD duo.
This ” definitive global ranking of management thinkers is published every two years. The 2009 winner was CK Prahalad. The ranking is based on voting at the Thinkers 50 website and input from a team of advisers led by Stuart Crainer and Des Dearlove. The Thinkers 50 has ten established criteria by which thinkers are evaluated – originality of ideas; practicality of ideas; presentation style; written communication; loyalty of followers; business sense; international outlook; rigor of research; impact of ideas and the elusive guru factor ”
The words elusive guru factor caught my eye and surreal images of Simon Cowell type “guru factor judges” and ” guru factor auditions” came into my mind. However, I also wonder if this is the time to stop thinking and start doing. There is a reason for the phrase ” lost in thought”. But mainly we need to do both differently. People clearly want change. Women are not only visibly absent from the financial services leadership group that caused many of the underlying problems, but also from the “thinking” list that was issued when it was all going on. Draw your own conclusions, but it’s not rocket science!
If as one definition of guru is a ” recognised leader in a field”, perhaps we need look no further than a modern-day leader such as the courageous, elderly woman in Hackney who confronted London looters, maybe not in the language of the board room ( be warned, very strong if you do watch) but at least there is a badly needed underlying morality.