But what about now? Estimates indicate that the total amount of information doubles about every 30 days. Is it any wonder that we feel like the ground that we stand on is
shaking? We’re overwhelmed and confused.
Richard Swensen, writing in his book, Margin, had this observation to share:
“The spontaneous tendency of our culture is to inexorably add detail to our lives: one more option, one more problem, one more commitment, one more expectation, one more purchase, one more debt, one more change, one more job, one more decision. We must now deal with more ‘things per person’ than at any other time in history.”
That Margin was published in the year 2,000 adds even more emphasis to the speed of change today.
One can’t help but conclude that there has never been a generation of business people who have had to deal with the pace of change moving as rapidly as our generation. It truly is unprecedented.
Potential Consequences of Changes
Look around us and we see products that have become obsolete almost overnight, (remember the I-pod) and companies come and go (where’s Howard Johnson’s these days?). Disruptive technologies upend entire industries (anyone want to invest in taxi companies these days?) in the blink of an eye.
If we don’t effectively manage change, we risk our organizations and our lives being upended and rendered obsolete before we can respond. There was a time when an organization prided itself on being quick reacting. Today, if you want to react, you are probably behind the curve.
Leaders need to build disciplines and processes into their organizations that pro-actively identify the ‘next thing’ before it hits. Unprecedented change calls for new thinking.
What can leaders do to deal with changes?
It falls on us to lead the organizations, our families, and the groups of people we influence through these perilous times. How do we solve this? A little bit of thought will bubble up some criteria for a possible solution.
1. The solution must be process driven, not event-centric.
In other words, developing the next great product won’t be a long-term solution. Someone else will come up with something even better, or cheaper very quickly, likely within a few months. More important than coming up with the next great product is developing the process that continually...[Read More]