Leadership Insights
from the Untangle Doctor®
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Today’s Economic Crisis is a Wicked Tangle
Last night, Jon Stewart, host of The Daily Show , interviewed Bethany McLean, a contributing editor of Vanity Fair about the current economic crisis. Stewart opined that while we can understand the Madoff fraud, it is much harder to wrap our heads around the economic meltdown. Jon Stewart commented that money seemed to disappear in this crisis, and wondered how it could be recovered. This got me thinking. I coined the term Wicked Tangle, after the term wicked problems. I define a wicked tangle as a multi-system tangle that involves challenges without definitions and boundaries. Everything is intertwined, and the solution to one part of the challenge creates problems elsewhere. The Feds give money to the banks and the banks tighten their lending policies. You can never truly solve a wicked tangle. What differentiates a wicked tangle from a wicked problem is that the human dynamics of greed, ego, and lack of transparency both create and exacerbate wicked tangles.
What Hard Choices are Sabotaging Your Business Ethics?
Most professionals -- doctors, lawyers, dentists, and psychologists - are regulated by a written code of ethics. These standards dictate minimum, not optimal, standards for purely ethical behavior. For example, even though an attorney can represent both a husband and wife in drafting a marital settlement agreement, a highly ethical attorney would not consider this course of action because it is not in the best interest of both parties. Even with strong rules of conduct, there are always gray areas, and professionals often have to make hard choices.
Three Ways to Recession Proof Your Business in 2009
At a meeting last week someone commented that many people stayed up to midnight on December 31, 2008, just to make sure they were awake to say good-bye to 2008. 2008 was certainly not the best of years. The economy began contracting early in the year, and by mid-September was spiraling downward, out of control.
What Leaders Can Learn From Nano Knots
Last Friday, January 9, on the way to a client engagement, I was listening to Science Friday on NPR. Ira Flatow introduced the topic of Nano Knots. Nano knots are microscopic particles that, under certain conditions, can twist themselves into replicable patterns. So what does this have to do with leadership?