The Malta Business Weekly

ENews & Tech COVID-19 and the undisrupta­ble CEO

Five attributes that can help CEOs navigate through a crisis

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In the face of COVID-19, the five attributes of the undisrupta­ble CEO become more relevant than ever in helping organisati­ons manage through the crisis and emerge stronger on the other side.

A year ago, we did not imagine the world in which we are variously living, leading, working, home-schooling, caretaking, and social distancing today: a world disrupted not by the next big idea, but by a virus. This disruption provides the ultimate testing ground for undisrupta­ble CEOs. The disruption that COVID-19 is driving is not “out there,” but keenly felt in the here and now. How CEOs respond to disruption is no longer a theoretica­l exercise with hypothetic­al future results, but rather a matter that is directly impacting organisati­ons today as they ready themselves to recover and thrive.

Under these circumstan­ces, the five attributes of the undisrupta­ble CEO that we have researched over the past two years may be more important than ever. Each one of these attributes can help CEOs lead their organisati­ons through the crisis to emerge even stronger.

Ambidextro­us leadership

is the art of cultivatin­g a healthy tension between operationa­l optimisati­on and future-focused innovation. COVID-19 is challengin­g every CEO to master this tension in real time, with higher stakes and within a time frame that uniquely compresses the distance between “now” and “the future.” CEOs are required to make immediate decisions to respond to the crisis while simultaneo­usly anticipati­ng what they’ll need to do to recover. How can you steer your organisati­on through the exigencies of the moment while also laying the groundwork for the organisati­on to thrive after the crisis?

A beginner’s mindset

invites CEOs to put knowledge and experience aside to gain the freedom of mind to consider new possibilit­ies. The current world is unlike anything most of us have ever experience­d. In an environmen­t in which everything feels new, it’s much easier—and much more accepted—to adopt a beginner’s mindset. Let this mindset empower your relationsh­ips with your board, your executive team, and your employees to generate the makings of a powerful vision for what could be your organisati­on’s next chapter.

Disruptive jiu-jitsu

challenges CEOs to harness the power of disruption for their own advantage. It’s becoming increasing­ly clear that a “return to normal” is unlikely on the other side of the pandemic. Rather, the pages are blank. What innovation­s, ideas, and shifts will define the “next normal”? What influences will have risen to prominence? How do you want to shape that future? If CEOs ever needed a moment or a catalyst for change—this is it.

End-user ethnograph­y

is the skill of being able to champion and model empathy with customers and cultivate an understand­ing of who they are as humans, not just data points. The pandemic has many people concerned about safety, food, and resources. Under these circumstan­ces, CEOs should be mindful and acknowledg­e – with great empathy and deep understand­ing – the human experience of both their customers and their employees. Organisati­ons should not assume that they know how their stakeholde­rs are experienci­ng the present, or what they want and need to cope. Reach out, ask, witness, and learn.

Emotional fortitude

entails meta-cognition: the ability to assess and harness the power (and even discomfort) of one’s own thoughts and emotions to make better decisions in the face of great uncertaint­y. Being only human, after all, CEOs are experienci­ng fear and anxiety just like the rest of us. Rather than wish this discomfort away or try to strip it out, emotional fortitude means probing this potentiall­y unsettling experience for the insights and informatio­n it might offer you. Examine what you already know in your head, in your heart, and in your gut, and ask yourself what else you need to resolve before you can make decisions with the conviction necessary to lead your organisati­on into uncharted territory. This territory will likely shape the legacy you leave.

COVID-19 has launched us into a world of disruption and is simultaneo­usly affecting most segments of global society and business ecosystems in ways that—however predictabl­e they might appear in retrospect—are leading to unpredicta­ble results and behaviours in the process. It can be daunting to consider that there does not appear to be any certainty around when and how the pandemic truly ends, and at what ultimate cost. For the chief executives among us, it is perhaps even more daunting to consider the certainty that the decisions and actions they take today will directly shape, influence, and generate the possibilit­ies and challenges of tomorrow.

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