We reside and work in a 'butterfly effect' environment, the notion from Chaos Theory that the flapping of a butterfly's wings in China might cause a hurricane on the other side of the world. Consequently, the writers assert that today's leaders must acquire 'vigilance' - the ability to scan the periphery of their environment and spot opportunities and dangers before their competitors.
While investors do not anticipate prescience, they do rely on a leadership team to perception and act on early warning signals. They describe the three main qualities that distinguish leaders that are alert from those in the majority, who strive primarily for operational excellence.
PUBLICATION DATE: April 01, 2009 PRODUCT #: ROT079-PDF-ENG
This is just an excerpt. This case is about STRATEGY about STRATEGY & EXECUTION
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