Friday, 14 June 2013

Bereft of ideas yet soon to win government, a lesson for business leaders

Up front let me state that I am not a member of any political party, never have been, unlikely I ever will be.  I have a distrust of the political system and see governments as primarily in the way of progress.  We need governments yet in my view they have too much power and interfere too much in our lives.  

In the Australian political system aside from a goods and services tax, which from memory was borrowed from the Labour party, I am not aware in my lifetime that the conversative party, the Liberals, have come up with anything truly visionary.  The Labour party has come up with all the ideas and brought about the greatest legislative change.  The thing is that Labour have rarely been seen by voters as good managers of the economy whereas the Liberals have been and so in the upcoming election in less than 100 days time all the polls sugggest the Liberals will win in a landslide.

How can a party bereft of ideas win government? Answer the economy rules.

If the economy rules in your business, if profit is your reason for being in business, likely you will win for a time.  In the long run though you too will be bereft of ideas and achieving possibility will be beyond your grasp.

Profit is not a reason for being in business, profit is a result of being good at business.

What drives all the great organisations is a cause beyond profit and a culture where creativity thrives and innovation, the successful implementation of ideas, actually happens.

Both the Prime Minister and the person who would be Prime Minister in Australia are poor communicators and poor storytellers.  I won’t be voting for either of them.  Their predessors as leaders of their respective parties were the ideas people.  Both were dumped because winning is about the economy not innovation and doing things that really matter.

If you are not yet articulate as a leader, time to learn and fast.  You will need to ensure however that the vision you are articulating is in harmony with common sense actions and sound business practices to turn the vision into reality.  Otherwise your vision will fail and for you too it will become all about the money.

Business is tricky.  We must be innovative and continually striving to either do what others don’t, or do what others do, just better, differently or more uniquely.

At the same time we must manage our money and be able to fund our vision.  Otherwise we go the way of governments, short term idealists who achieve little value for the long term and that benefits the greater good.

Be the difference you want to see in the world.

Ian
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