Wise Leaders Gaining Wisdom from Others

As a leader, how often do you rely on the wisdom of the crowd in your decision making? How often do you rely on your intuition?

To be sure, part of wise leadership is ensuring you have the right people in your crowd: the right subject matter experts and godly counsel. I wrote about this in my last post.

Your crowd should include a variety of subject matter experts to form a collective opinion, rather than a single expert. If you have wise subject matter experts—if they have the abilities and characteristics I described in my prior two posts—research indicates that their aggregate knowledge would exceed the knowledge of any one individual expert. But there’s a caveat: diversity and process, with process centered on values.

Wisdom of the Crowd

As researchers from Duke University found, averaging cancels error when the crowd wisdom is based on two factors:

1.      Diversity: your subject matter experts should bring diverse perspectives. For example, one expert may focus on short-term goals, and the other on long-term goals.

2.      Process: your subject matter experts should not be influenced by others before sharing their findings.

When making decisions, you’ll also need to decide how much weight you give to their wisdom, as well as yours. This also comes in to play when you can’t find enough qualified subject matter experts, or when there simply isn’t a model or path to follow. That’s when wise leadership is put to the test.

In highly complex systems, when there is information overload or not enough pertinent data and analysis, how do you make high-stakes decisions?

In October 2019, Harvard Business Review author Laura Huang published an interesting article on the topic. According to Huang, it’s important to recognize two factors: what is the level of unknowability, and what is the context.

When there is just not enough information (when the level of unknowability is high – like COVID-19)), and, when there is not a proven model or schema (when there is not a map or context), you’ll need to use your inner wisdom.

Wisdom of the Inner Crowd

Recently published in the American Psychological Association quarterly journal for research on judgment and decision making, researchers shared their findings on how the wisdom of the inner crowd can boost accuracy of confidence judgments.

“Analytical and simulation results show that irrespective of the type of item, averaging consistently improves confidence judgments, but maximizing is risky…our results suggest that averaging—due to its robustness—should be the default strategy to harness one’s conflicting confidence judgments.” ~ Litvinova, A., Herzog, S. M., Kall, A. A., Pleskac, T. J., & Hertwig, R. “How the ‘wisdom of the crowd’ can boost accuracy of confidence judgments,” Decision, February 2020

These finding suggest that similar to the wisdom of the crowd, averaging yields better results. Once again the world discovers what God has declared for thousands of years. Of course, most of the wise leaders I know have not navigated their way through a pandemic. But, they are keen observers, have learned how to recognize patterns, and rely on mental models. They challenge themselves to make tough appraisals and learn from the consequences. When it comes time to reflect on the information they’ve gathered and analyzed, they apply the wisdom of the inner crowd.

I invest deeply in creating teams of shared values teams of Christian business owners. I do this through CBMC – Christian Business Men’s Connection. There are other offerings in the marketplace. The main idea is to find your TRIBE. Find your INNER crowd and listen. This increases your likeliness of minimizing risk and maximizing opportunity even when we are in uncharted waters.

What do you think? How do you use the wisdom of the crowd in your decision making? What about the wisdom of the inner crowd? I’d love to hear from you. You can reach me here at marc@moleadershipcoaching.com and on LinkedIn

If you are committed to following Jesus and have a passion for work, I would love to connect. Just to encourage one another. My work focuses on Family Enterprises where the family roles and enterprise roles often create chaos. Let’s connect for a quick call to see if we might help one another at Marc’s Calendar

Master of Godly Perseverance

Leaders achieve success through their talent, intelligence, flexibility and wisdom. Those who overcome the odds often point to an even more powerful trait: perseverance. Have you mastered the power of perseverance?

As I wrote in my last post, (Developing Godly Perseverance)  perseverance can be learned and mastered if you make the commitment and accept the challenge. Learning means taking one small step to become proficient in the next one. No one can change his or her character in one leap. Here are two more steps to master perseverance:

Find your purpose

Many leaders lack purpose and fail to persevere in tough times. Maybe their focus is too narrow. Are you more concerned about your own well-being or the organization as a whole? Are you a limited decision-maker or a grand vision-maker? You have the opportunity to make a significant impact on many levels and on many people. Find your purpose there.

If you can’t find a way to love your work, seek ways to love the results. There’s purpose in adding value, making improvements and growing people. By deciding to be the best at something, you can have a calling with great purpose. Fuel your perseverance with this kind of thinking.

Remember, people are the ultimate “WHY” or purpose.  Align your purpose with God’s. God points us towards saving the lost, discipling the saved and helping the most-needy. Finding a bridge into these areas gives you purpose that will not only fuel your perseverance but fuel in forever.

Be positive 

A leader with a critical or pessimistic view will never muster the determination to plow through a crisis. If you lack positivity, you probably feel a force dragging you down, without understanding why. Fortunately, this can be addressed.

Become more self-aware, and catch yourself having negative thoughts or moods. Try to determine why you have these feelings, and create positive alternatives. A seasoned leadership coach (MO Leadership) can be of great benefit. Coaching accentuates the positive and leans toward it. Focus on the ways a situation can work instead of getting mired in negatives.

Foster Perseverance in Others

The best way to help your people persevere is to model optimal behavior. Develop grit and build on it. Use your authority wisely to instill organizational toughness. Developing a culture of perseverance maximizes people’s strengths and pushes them to achieve peak performance. An authoritarian approach is unhelpful, while a coaching, encouraging manner is powerful. Grasp how your leadership style comes across, and adjust to your people’s needs.

Leaders make great strides by helping their people understand that success is an accumulation of many ordinary jobs done well. They push people out of their comfort zones, giving them challenging assignments and timely feedback. Letting staff devise solutions ultimately engages them.

Organizations become persevering machines that weather the strongest storms when leaders build relationships and foster a good work ethic.

What do you think? Have you mastered the power of perseverance? I’d love to hear from you. I can be reached here marc@mocoach4ldrs.com and on LinkedIn

The journey of thinking about perseverance has helped me in my work and my leadership. In my next series I will explore: How to Bring Out the Best in People. Hope you join me as I think through the idea.

Developing Perseverance for the Godly Leader

If you’re a leader who struggles with perseverance, you can adjust your mindset and behavior. I see this all the time in the clients I work with. (MOcoach4lrds.com) Perseverance can be learned and mastered if you make the commitment and accept the challenge. Learning means taking one small step to become proficient in the next one. No one can change his or her character in one leap so start one step at a time. The most important step is most certainly prayer. As you gain some perspective and see the gap bring that to the Lord. Areas to pray about might include: READ MORE

Harness wisdom

If you’re a seasoned leader, take stock of your experiences and draw upon what you’ve learned. Try to be more patient with long-term projects, and reject a rapid-reward mentality. Look back over your career and note what has worked and what hasn’t. Learn from past mistakes, and avoid any plans that resemble past failures.

By reflecting on past setbacks, you can see how your worst fears were probably unjustified. Likewise, future setbacks won’t be fatal, and they offer an opportunity to learn and be better prepared.

You’re better positioned to persevere when you rely on what you know to be true, rather than succumbing to feelings that throw you off course. Focus on facts substantiated by your past.

Enjoy your work

Seek work that makes use of your interests and personality traits. If you have a vivid imagination, find a position that permits you to be creative. If you love people, assume a role that allows you to foster strong relationships. If you’re analytical, take a job solving complex problems. Duties that align with your interests and values will fulfill you. These traits are God given. They are an invitation towards your best. They are the fingerprint of God you your person.

You can persevere when you love what you do. Not every aspect of your job may be gratifying, but if you enjoy your work, you’re more likely to push yourself when circumstances get tough.

Develop discipline

If you lack the discipline to stick to plans, you’ve probably encountered difficulties at work. Failing to stay the course disadvantages you and your people, who depend on you to do what’s best.

Develop contempt for complacency. Leading people is hard work. There are plenty of needs to address, even in highly effective organizations. Maintaining a well-run company takes discipline and trying to correct a struggling one takes even more. You can persevere with a disciplined approach to your duties. Keep yourself accountable, perhaps with a trusted colleague, mentor or professional coach, who holds you to your tasks, to stay on course. Don’t let yourself give up. Discipline is a character trait of a godly leader. Commit to grow in your disciplines: physical, spiritual, financial, intellectual, leadership and relational. Knowing that the most important discipline of all is the relational discipline with God. He is waiting.

What do you think? Do you struggle to persevere? How are you developing your perseverance? I’d love to hear from you.  I can be reached here marc@mocoach4ldrs.com and on LinkedIn.

Leaders Who Persevere

I’ve been doing some reflecting on leaders who persevere. 

The persevering leaders I’ve met in business and non-profit stand out from the rest: they have a significant impact, usually without commanding the limelight or fanfare. Their energy and attitude are distinct—sometimes refreshing, sometimes demanding. They fall into several categories, each one a vital part of an organization’s path through challenging times.

The mature, seasoned leader

I wrote about this category in my last post. I have found that older leaders are generally wiser, steadier, more focused and more familiar with the causes of success or failure. With age come wisdom, clarity and more discernment over what corrections need to be made at the corporate level.

Mature leaders have greater self-awareness. They know their weaknesses and strengths, and how to fine-tune them for specific circumstances. They’re more diligent about making solid commitments and strive for the highest levels of accountability. They act responsibly and do what’s expected of them. They recognize the need for perseverance.

The leader who loves his/her work

Passion is another key ingredient for success. Blend passion with perseverance, and you’ll reap optimal rewards, notes Angela Duckworth, in Grit: The Power of Passion and Perseverance (Scribner, 2016). Loving what you do makes you more determined and creative. You’ll experience greater curiosity and challenge yourself to make improvements. If you fuel your passion, you’ll enjoy a stable career, with an even greater platform to contribute.

Leaders with passion for their work generate many ideas, and they’re likely to see them take shape. They persevere through many attempts at achieving success, adjusting along the way.

The disciplined leader

Disciplined leaders are driven to persevere and always apply their best effort, day in and day out. They achieve a great deal, even in tumultuous times. Duckworth’s research on leadership shows effort to be a driving force that’s even more critical than skill. Many people have considerable skills but fail to persevere. The literature is rife with stories of successful leaders who didn’t have the greatest skills, but accomplished the seemingly impossible through valiant effort.

Disciplined leaders want to continuously improve and develop a skill until they’ve mastered it. They’ve learned to withstand defeats because giving up is unacceptable to them. They persevere instead.

The purpose-driven leader

Leaders who establish a purpose for their work experience a calling for what they do. They feel the need to contribute to something bigger than themselves. When their company improves because of their efforts, the results fulfill them. They benefit others, add value and enjoy the outcome.

Leaders driven by purpose don’t view failure as the larger culture does. Failure isn’t to be avoided at all costs, but is a part of learning, with no cause for fear. Perseverance is more attainable when setbacks have no effect on one’s calling. Circumstances may change, but a purpose-driven leader’s calling doesn’t.

The positive leader

Positive leaders know they can improve their circumstances. They envision a better future and wholeheartedly pursue it. They embrace challenges, knowing they’ll learn something significant.

Positive leaders see a benefit in each step taken, even when some are backward. They’re confident that diligent effort pays off, and they persevere through storms because they know there’s sunshine on the other side.

What do you think? Do you fall into one (or more) of these categories? Are you a leader who perseveres? I’d love to hear from you.  I can be reached here marco@convenenow.com and on LinkedIn

Which Leaders Persevere?

Do you find yourself frequently changing course midstream, altering your goals as you go? Are you prone to disillusionment when things go awry? Do you lose interest in long-term projects? If so, you may lack the power to persevere. (Power of Perseverance Blog)  When situations get tough, your organization may lose money, people, and direction.

Alternatively, persevering leaders grow their interests and remain focused on them. Their consistent pursuit of gains moves them through the roadblocks that stymie more passive leaders. When you persevere, you’re not as bothered by setbacks or letdowns. You’re motivated to embrace and overcome them.

There are myriad business success stories about leaders who had a persevering spirit and led their companies through crisis, bankruptcy or startup hardship. Steve Jobs and Lee Iacocca had the stamina to save Apple and Chrysler, respectively, from bankruptcy. Jeff Bezos endured the long startup struggle at Amazon. Dan Hesse led Sprint out of the gaping jaws of killer competitors. Not all stories are this dramatic, but the principles of perseverance equally apply. Every company faces trials that call for persevering leaders.

Biblical leaders that persevered are numerous and brings to mind names such as Moses, David, Joseph, Job, Paul and so many more. When I look at marketplace leaders and faith leaders, I see both have a strong commitment to their big “WHY.” The sweetest spot in my life has been when the big “WHY” is a godly centered and core to an enterprise delivering an excellent product or service.

For we are God’s handiwork, created in Christ Jesus to do good works, which God has prepared in advance for us to do. Ephesians 2:10

Persevering leaders stand out from the rest and have a significant impact, usually without commanding the limelight or fanfare. Their energy and attitude are distinct—sometimes refreshing, sometimes demanding. They fall into several categories, each one a vital part of an organization’s path through challenging times.

The mature, seasoned leader

 Older leaders are generally wiser, steadier, more focused and more familiar with the causes of success or failure. With age come wisdom, clarity and more discernment over what corrections need to be made. The key here is discernment. The knowing of which way to go. The understanding that truth and evil are both always present and the leaders

Mature leaders have greater self-awareness. They know their weaknesses and strengths, and how to fine-tune them for specific circumstances. They’re more diligent about making solid commitments and strive for the highest levels of accountability. They act responsibly and do what’s expected of them. They recognize the need for perseverance.

What do you think? How easily do you connect perseverance in work with your faith? Are you prone to disillusionment when things go awry? Do you lose interest in long-term projects? I’d love to hear from you.  I can be reached here marco@convenenow.com and on LinkedIn

The Power of Perseverance

Perseverance has been a part of my legacy, reality, or maybe destiny.

I am headed into another season requiring perseverance and I wonder if I have what it takes. So, I have been thinking long and hard on the topic.

Do you/I have the power of perseverance?

The rigors of today’s competitive business climate push even the most seasoned leaders to their limits. No organization is immune to setbacks. Many top business leaders agree that life is a constant string of adversities—the new normal. Some, however, are ill-suited for it and pay a dear price.

Leaders achieve success through their talent, intelligence, flexibility and wisdom. Those who overcome the odds often point to an even more powerful trait: perseverance. Many of today’s top captains of commerce believe it’s the key to winning the race—more important than skill, more vital than past experience, notes management consultant Steve Tobak in What Makes a Successful Entrepreneur? Perseverance (Entrepreneur.com, January 25, 2016).

But what about leaders who lack the necessary stamina? What happens to those who don’t know how they’re going to manage, day in and day out, under the heaviest of loads? Are they simply destined to fail in a cruel world?

The answer is no, according to Dr. Angela Duckworth, author of Grit: The Power of Passion and Perseverance (Scribner, 2016). Perseverance can be developed from within. If you’re a leader who’s gained a foothold on stamina, you can forge a culture with it.

What Is Perseverance?

More than simply trying hard, perseverance is a gut-generated determination to not give in and never give up. It comes from a spirit that refuses to accept the failure of quitting. A leader who perseveres stands ready to endure for the long haul.

Successful accomplishers are always chasing something greater: goals that are difficult to achieve. They feel they have something to prove—to themselves and/or others. They have direction, know what they want and hate falling short of it.

Leaders with perseverance strive to excel. As Duckworth puts it, perseverance is a satisfaction with being unsatisfied. Dogged leaders continually measure how far they’re willing to push themselves and how much they want to win.

What do you think? Do you have the stamina necessary for our new normal? Are you satisfied with being unsatisfied?  I believe that “unsatisfied” leader in more about curiosity. I believe God invites us towards perseverance often as easily seen in 1 Corinthians 9:24 Do you not know that in a race all the runners run, but only one receives the prize. So, run that you may obtain it.

I’d love to hear from you.  I can be reached at marc@moldrcoach.com and on LinkedIn