No(n)sense
225 views | +0 today
Follow
Your new post is loading...
Your new post is loading...
Rescooped by Hein Holthuizen from Change Leadership Watch
Scoop.it!

The Balance of Fearlessness, Jacqueline Novogratz, CEO of Acumen Fund, Businesses Aiding the World’s Poor

The Balance of Fearlessness, Jacqueline Novogratz, CEO of Acumen Fund, Businesses Aiding the World’s Poor | No(n)sense | Scoop.it

Jacqueline Novogratz of the Acumen Fund, which invests in businesses aiding the world’s poor, says, '...it’s holding that balance of not being reckless, but also having a huge element of fearlessness.'"

  

Insights into those working with the world's poor, including this leader, sheds light on moldering, out-of-date leadership practices and new ways of leading that have yet to take hold.

  

Jacqueline Novogratz is the chief executive of the Acumen Fund which invests in businesses aiding the world’s poor. This interview was conducted and condensed by Adam Bryant.


This also goes with this quote by Arianna Huffington:  


"Fearlessness is like a muscle. I know from my own life that the more I exercise it the more natural it becomes to not let my fears run me."

  

Excerpts:

  

Jacqueline Novogratz's approach to leadership:

  

Leaders can get stuck in groupthink because they’re really not listening, or they’re listening only to what they want to listen to, or they actually think they’re so right there's no listening. 

  

__________________________________

    

Ask questions in a way that will elicit more nuanced answers...

__________________________________

   

The kind of leaders we need....are really open to listening to solutions from people who are most impacted by the problems.

  

I’ll often say at Acumen that you’ve got to learn to listen with your whole body.

  

Lean in and pay attention to their body language and their level of comfort or discomfort. Ask questions in a way that will elicit more nuanced answers, rather than the answers you would like to get.

 

Q. What kind of culture are you trying to foster at Acumen?

  

We are building companies, and so we have to be really accountable. We’ve got to be tough, and yet we have to be very generous, since we’re working in communities where people make a dollar or two dollars a day.

  

We talk about the power of listening and we juxtapose it with leadership, because sometimes you’ve listened enough, and now it’s time to make a decision.

   

We think about our values [as] a tension or a balance. We talk about listening and leadership; accountability and generosity; humility and audacity.

  

You’ve got to have the humility to see the world as it is …working with poor communities, that’s not easy to do — have the audacity to know why you are trying to make it be different, to imagine the way it could be. And then the immutable values are respect and integrity.


__________________________________
   
We’re building something no one has ever really built before, and so don’t be afraid of making mistakes. Let’s just make the decision to do something.

__________________________________   

 

Q. What are some other lessons you’ve learned about how to lead?

  

A. ...I have this mantra: Just start and let the work teach you. We’re building something no one has ever really built before, and so don’t be afraid of making mistakes. Let’s just make the decision to do something.

  

This goes back to audacity and humility. …If you start off talking about all the reasons that you’re not going to get there, you’re not going to get there. …It’s holding that balance of not being reckless, [and] having a huge element of fearlessness.


Via Deb Nystrom, REVELN
more...
Victoria Morgia Jamolod-Umbo's comment, October 20, 2012 12:45 AM
I am so happy there are still people like you who are making the lives of the poor easier. Today, as we wake up each morning, we think about what the future brings to us. We complain about bills, how tired are we i solving problems,Yet, all around the world, we did not realize that there are more pitiful and lost souls. We have to accept that we are still more lucky than those people who do not have homes, and are living in war zones.
Rescooped by Hein Holthuizen from Innovation & Institutions, Will it Blend?
Scoop.it!

Getting the Balance Right: The innovation ecosystem, Infographic

Getting the Balance Right:  The innovation ecosystem, Infographic | No(n)sense | Scoop.it

"The right innovation mix, core, adjacent, and transformational  depends on your business and your needs."

 

Excerpted:

 

There are three main components of an organisation’s innovation ecosystem. Getting the balance right between these three components is crucial:

   

1) Balance/Mix of innovation types

  

2) Structure (process, capabilities, culture, funding)

   

3) Metrics & tracking

 

Core innovation is the largest amount of effort (70%) ...typically more incremental improvements

  

Adjacent innovation, riskier.  can involve taking existing products to new markets or, more commonly, developing value-add products or services to existing core     Transformational innovation, highest risk - new products and services, new markets – big changes to the business

 

Read the full article here.


Via Deb Nystrom, REVELN
more...
Rescooped by Hein Holthuizen from Innovation & Institutions, Will it Blend?
Scoop.it!

Envisioning the Future of Ed Tech: Emerging Trends

Envisioning the Future of Ed Tech:  Emerging Trends | No(n)sense | Scoop.it

This visual suggests emerging technologies likely to influence education in the upcoming decades.

 

Some of the driving trends behind the technologies can already be observed.


Via Anne Whaits, Donna Murdoch, Marcel Lebrun, Emmanuel Zimmert, michel verstrepen, Deb Nystrom, REVELN
more...
No comment yet.
Rescooped by Hein Holthuizen from Change Leadership Watch
Scoop.it!

Leadership Challenges: Embrace paradoxes to move forward

Leadership Challenges: Embrace paradoxes to move forward | No(n)sense | Scoop.it

"This provocative post highlights current business paradoxes challenging leaders:  change or remain stable, complexity versus simplicity, growth and sustainability and more."

 

After seeing evidence of our increasingly VUCA world, one that is growing in its Volatile, Uncertain, Complex and Ambiguous characteristics, this useful list of paradoxes resonates.  Does it resonate to your experience?

 

___________________________

  

Leaders must find ways to deal with this complexity and embrace and manage it to achieve simplicity.

___________________________

   

 

Excerpted:

  

Paradox 1: growth versus sustainability

Growth as it is currently defined tends to result in an unquestioned and unchecked consumption of resources. Sustainability considerations are generally considered to put a major strain on growth ambitions.

 

The way forward is innovation, but another paradox present itself:

  

Paradox 2: innovating versus operating

Innovation is increasingly about service, process, business model and social innovation.

However, focusing on innovation does not mean ignoring operations. The trick is that what allows operations to thrive can seriously get in the way of innovation and vice versa.

  

Paradox 3:  change versus continuity

If you try to innovate too many things at once you will end up with chaos, if you do not change at all your organisation will decline. What is the right balance?

  

Paradox 4: collaboration versus competition

Business is inherently competitive yet today, collaboration is common, with most companies having collaborated with their suppliers and their customers. Leading companies are promoting collaboration through crowdsourcing or with competitors.

  

Paradox 5: complexity versus simplicity

Demands on leaders result in increasing levels of complexity, arising from the number of possible, unpredictable interactions between collaborate, compete; change, remain stable; innovation or operational excellence; growth or sustainability. Leaders must find ways to deal with this complexity and embrace and manage it to achieve simplicity.

  

Paradox 6: Heart versus mind

Decisions need to be made in the face of incomplete analysis, unpredictable outcomes and changing circumstances. The foundations for analysis and factual arguments differ from emotional and visionary engagement; people who excel at one are not necessarily particularly good at the other and yet both are needed.

  

Read the full article by Dr Bettina von Stamm here.


Via Deb Nystrom, REVELN
more...
No comment yet.