Parent Post
“If it ain’t broke,
“If it ain’t broke, don’t fix it.”
In an era of unprecedented speed of innovation, business leaders who abide by this mantra today are on the fast track to failure.
Countless studies have shown that successful companies often struggle to innovate, which leads them to extinction driven by technological change.
As business leaders consider
As business leaders consider what’s next in times of continued uncertainty, here are some critical ways to turn paranoia into a tool to help your business remain innovation-driven and maintain hard-won success.
Stay nimble and pivotWith
Stay nimble and pivot
With a healthy dose of paranoia and a “question everything” mindset, your business can respond much more quickly to market changes and new demands–not just externally but internally as well.
As new challenges related to remote collaboration, equity, access to leadership, and team bonding surface, nimble leadership provokes the team to take them on to refine strategy and ultimately create an even more agile organization.
Question everythingBusiness leaders can
Question everything
Business leaders can first harness their paranoia by constantly asking questions both about your business and the market overall.
Most markets are more dynamic than they’ve ever been, and change happens fast.
If you’re not asking questions, you’re not intimately familiar with your market, and you’re going to get passed by.
It’s easy to get
It’s easy to get caught up in your business’s success.
While there is a time and place to acknowledge and celebrate big wins and market leadership, complacency is a death knell in today’s business reality.
By harnessing paranoia, leaders can avoid finding finite satisfaction in today’s victories and focus on maintaining a competitive edge for tomorrow.
Stay humbleAsking questions will
Stay humble
Asking questions will likely prove that you don’t have all of the answers–and that’s okay.
Even the most successful leaders embrace humility and acknowledge that they need a trusted team to figure out the best path forward.
We need to empower
We need to empower our domain experts to make decisions and sometimes “disagree and commit.”
It takes humility, so practice this with everyone in your organization. It’s essential that leaders both demonstrate their engagement with team members and defer to their expertise.
