Today’s business environment is highly dynamic, making anticipating the future more complicated than ever. Market shifts can catch organizations off guard and lead to lasting problems. In How to Lead a Quest, Dr. Jason Fox suggests that pioneering leadership can help leaders effectively address issues in today’s market. The key to this approach is exploring several potential scenarios that a company may face and developing strategies to support each one. The result is a more flexible and dynamic leadership methodology.
One of the biggest challenges facing businesses today is sustaining growth. In How to Lead a Quest, Dr. Jason Fox offers a new approach to growth that he calls pioneering leadership:
- Pioneering leadership relies on exploration outside the scope of an organization’s default ways of thinking and operating. This requires four leadership superpowers: imagination, curiosity, doubt, and wonder. This form of exploration can also be referred to as Quest-Augmented Strategy.
- To prepare an organization for the future, its leaders must build a quiverof options. The best way to decide if an option is viable is to form hypotheses and conduct experiments.
- Experiments may end in failure, but some forms of failure are better than others. Failures that should be avoided include corruption, deviance, apathy, pessimism, and willful ignorance. Failures that suggest change is needed include distraction, inadequate processes, and lack of ability. Failures to be celebrated include quitting after careful consideration and lack of perfection.
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In Healthcare Disrupted, Jeff Elton and Anne O’Riordan survey the socioeconomic forces and technological enablers that are shifting the entire healthcare system. While largely reactive today and intent on acute interventions and physical care centers, healthcare in 10 to 15 years will instead provide proactive management of health using targeted therapeutics and advanced informatics. Current business models will evolve into one of four types, all measured against their ability to produce positive patient outcomes and value for the healthcare system as a whole. Using these four models as a guide, the authors lay out the steps to assembling the assets, partnerships, and talent that will help companies thrive in the new healthcare ecosystem.
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