“It’s for the journey”
16/10/2018
You may recall, “It’s for the journey”, was an advertising campaign for a bank that now no longer exists (at least in the form that it was). Why did that bank come off the rails? Why, when one year do you see a Chief Executive of a large Insurer being feted as a star, yet this year they’re being fired for failing to perform? What happened to Nokia? Will the same happen to Apple?
Personally, I can’t speak on their behalves, but it does appear to us in our travels that the so-called “journey” has more than one dimension to it!
How many times do we hear about new (often punctuated with as many currently trendy words as possible) strategies that will take us to a “new level”? And just to make it a little more concrete, we then talk about the journey to get there. This dimension is almost always about improving performance (revenues, profit, productivity, customer experience etc.).
There is at least one other dimension which we believe is critical to journey along if there is any substance to be behind a positive journey along the Performance axis – and that is what we will call the Maturity dimension.
It is our observation that unless individuals (Front-line, Managers, Executives – all of whom are Leaders) move up through Maturity Levels (see Maturity Model below), then any organisational performance improvement appears to be ephemeral – ultimately slipping back from whence it came.
Evidence is indicating that journeying up through the Maturity Levels is not an option. And a critical barrier is the Understanding Level – because the environment around us (rate of change, Big Consulting, media etc.) is telling us to make decisions at the speed of thought. “We don’t want the details”, “We don’t have time to understand”, “We just want the answer!”.
Well we recommend making decisions is done at the speed of Understanding!
Or you might just come off the rails!
Categories & Tags:
Leave a comment on this post:
You might also like…
Check out the updates to our Bloomberg guide!
Attention all finance enthusiasts, data wizards, and curious minds! Our Bloomberg: a basic guide just got a refresh. This is a great place to go if you’re thinking about getting started with Bloomberg. Here’s what’s ...
My Transformative Experience: Reflecting on the Global Clinical Supply Chain Conference 2024 in Malta.
As a scholarship recipient, I recently had the incredible opportunity to attend the 2024 Global Clinical Supply Chain Group Conference in Malta. I could not be more grateful for the experience. This conference was ...
Shaping the future of aviation: The NAC Women in Aviation Scholarship and me
Aviation has always been more than just a career choice for me – it’s a passion that began in my childhood and has only grown stronger over the years. Raised in ...
Breaking barriers in aerospace: my journey of passion, persistence, and progress
The aerospace and aviation industries have always fascinated me. From the complex technology to the incredible innovations, I’ve always wanted to be part of it. But my journey into this field ...
The successful scaling of SAF production depends on a skilled workforce
In a two-year project called Waypoint 2050, the aviation sector outlined several potential pathways to reach its 2050 goal and how, with the right support from governments, net-zero emissions could potentially be achievable a ...
Exploring the Aerospace Vehicle Design MSc at Cranfield University: A Path to a Revolutionary Future in Aviation
In our recent conversation with Professor Mark Westwood, Head of the Centre of Aeronautics at Cranfield University, we explored what makes the Aerospace Vehicle Design MSc truly unique and why now ...