Extreme Leadership: 10 Best Practices. Leading on the Edge of Chaos, Managing Challenges of a Volatile Economy

Entrepreneurial Leader

Leading Change

Extreme Leadership: 10 Best Practices

Adapted from: Leading on the Edge off Chaos, E. C. Murphy, M. A. Murphy

Leading in the rapidly changing business environment, on the edge of chaos

The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow.

Rupert
Murdoch

1. Make haste slowly

Leadership intelligence is more important than ever – move with greater speed and precision than ever before, but take time to think.

3Bs of Strategic Creativity

Learning SWOT Questions

Innovation is the ability to see change as an opportunity – not a threat.

Steve Jobs

Apple

2. Partner with customers

Now, more than ever, customer satisfaction and retention are critical to customer success.. You must partner with your customers, reconnect with them to create a shared future that is more secure than either could have built alone.

The 3s of winning in business are
Self-Confidence, Simplicity, and Speed

Jack Welch

3. Build a culture of commitment

Build and preserve a culture of commitment, one where employees passionately pursue your organization's cause and mission. Strengthen your corporate culture by providing strategic alignment, creating a shared sense of purpose and aligning rewards and incentives appropriately.

An army of sheep led by a lion is better than an army of lions led by a sheep.

Alexander
the Great

4. Put the right person, in the right place, right now

Create a high-performing team with a wide range of talents – assemble and align the right collection of talent to face the challenges that lie ahead. Invest your human capital to maximize individual, team and organizational success.

Star Team

Characteristics of a Winning Team

Team Leader

Synergistic Team

⑤

Maximize knowledge assets

In the new economy, your organization's ability to harness and maximize knowledge plays the dominant role in creating → competitive advantage . You must learn to identify, mobilize, and create knowledge assets to boost the value of your organization's intellectual capital.

⑥	Cut costs, not value While managing costs, don't cut the muscle along with the fat. Progress means moving resources from low value to → high-value uses. Reduce expenses while protecting and enhancing the value of your business.

⑦	Outposition your competitors Build and leverage your organization's unique competitive dimensions – in a rapidly changing and increasingly competitive business environment, success goes to those who can understand and develop sources of distinctive competitive advantage.

⑧	Stir, don't shake Manage stress without loosing your competitive edge – reduce anxiety and inspire hope by stirring employees to higher levels of achievement, not shaking them with fear and negativity.

⑨	Cut through the noise Get your message through the "noise" that rises in tandem with volatility and chaos – without the ability to communicate effectively, a leader's other skills are worthless.

⑩	Focus or fail Stay focused and on track – follow a carefully structured process that would focus your energies while highlighting and prioritizing high-leverage opportunities for success.

Change-Leadership Perpetuum Mobile:
Change creates Leaders, Leaders create Change.

Vadim Kotelnikov

Be vulnerable to real surprise. >>>

Max
De Pree

Extreme Leadership Mindset

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