Monday, August 8, 2022

Vigilant Leaders: Paying Attention to What Matters Most - George Day, Wharton marketing and Paul Schoemaker, Knowledge at Wharton

Our understanding of the nature of vigilance, including corporate foresight, has advanced steadily. In vigilant companies, leadership attention is leveraged for greater agility and advantage, whereas in vulnerable companies, misdirected attention creates blind spots, myopia, and delayed reactions. The challenge for leaders is to deal appropriately with vast amounts of “regular” information while strengthening the ability to pay attention. The following four steps can help you spot early warning signs — and take action — sooner.