One of the most powerful questions that I often ask emerging leaders is: What is the culture that you need to inherit five years from now? The next question is: So what can you do now to start shaping it?
As a recent Booz & Company survey showed, cultural factors are the biggest inhibitors to successful and sustainable innovation. And because the incumbent executives are often the authors of the current culture it can be hard for them to make meaningful changes to it.
Emerging leaders, on the other hand, are hungry, ambitious, fired-up initiators who are much more comfortable with change than their superiors.
Leadership teams that truly value innovation as a source of strategic advantage need to swallow hard and allow emerging talent to challenge ways of working that will inhibit tomorrow’s sources of value creation.
So what is the culture that your organization needs to inherit in five years, and what can you do now to shape it?