The Power of Foresight in Leadership

“A leader’s goal is not to see but to envision.”
One of the most famous stories to this day of foresight is the example of General Electric under Jack Welch’s leadership. GE made a critical strategic decision; it would either be first or second in every market it entered, or it would abandon that market altogether. This approach constituted a wrenching change for GE as many longtime GE divisions and components were let go. But Welch held to his vision, recognizing the changing marketplace, being number three or number four would never be profitable. As a result, GE today represents the gold standard for American corporations, and Jack Welch is still revered as a business genius.
Let’s look at an even more compelling example of today’s rhino leadership in Steve Jobs. Jobs is always a rhino when he leads Apple. Rhino leaders can attract and make money in any economy, in fact, strategically minded leaders with aggressive mentalities thrive during recessionary periods.
This year the highly-creative CEO of Apple launched the revised and updated iPhone at a time when gas prices were nudging toward $4 a gallon, the housing market was in its biggest slump in decades and the general mood in the country could aptly be described as “grim and grimmer.” Jobs could have said, “Let’s hold off. The economy’s bad and it will never support a new, expensive high end phone.” But Jobs didn’t waiver. He didn’t let the wild recessionary zoo defeat his belief in his product. Instead, he charged like a rhino and it worked!
In his USA Today article, “Apple Calls iPhone Launch a Success,” Edward Baig reported that not only were 1800 stores sold out, but Internet merchants were too. Demand was so high, in fact, that one eBay customer paid a whopping $12,500 for the new phone.
The rhino leader takes no prisoners, ignores the doomsayers and creates products unique enough and attractive enough to turn them from “what’s that?” to “must have.” Like a rhino, Jobs tramples everything in his wake that suggests defeat. And like the rhino, Jobs gets what he wants, pretty much every time.
The rhino always stays on message and is never troubled or daunted by changing circumstances. If you’re ready to apply the technique of rhino foresight here are three ways to do that today:
Step 1: Cultivate the environment in which foresight can thrive – as leaders we must commit ourselves to knowing the information that affects our future. We must stay current in our fields of expertise by reading the latest books, current biographies and historical perspectives. We need to attend trade shows and seminars and join professional organizations.
Step 2: Correlate events the past with those of the present – Correlating both past and present is an incredibly empowering tool that helps leaders understand the seeds of your individual successes and failures. Study the law of cause and effect in your day-to-day activities. Every meeting, telephone call, e-mail argument, and smile is an action that leads to another action. Be certain your actions are firmly future-focused and amenable to your path toward success.
Step 3: Anticipate the future – Foresight must always be proactive. Foresight requires conscious effort to anticipate and direct with what the future will look like. Today’s leader must create a “necessity mind-set” without any prompting from the marketplace.






Comments
By xtasy on January 4th, 2009 at 5:44 am
I’m not sure if being a ‘rhino leader’ is always a good things. Take for example Richard S. Fuld, won’t you say he was a ‘rhino leader’ and we all know what happened there.