In an uncertain 2023, leadership is a must to succeed in the 5.0 world

2023 presents a leadership challenge for you, your company, your family and the whole world at large. The challenge is therefore for all of us. In an uncertain economic scenario strategic leadership 5.0 with a cognitive ladder is the only solution.

UNCERTAIN ECONOMIC SCENARIO

This article from the Washington Post not only bring some good news but the GDP numbers are confirmed by a good statistical website...

...and yet in the details of the narrative we find the following

“The makeup of GDP isn’t necessarily as positive as it looks on the surface,” said Jefferies chief financial analyst Aneta Markowska, who expects a recession in the second half of 2023. “It’s more of a one-time boost than growth that is likely to continue.”

“The irony is, we’re seeing the strongest growth of the year when things are actually slowing,” said Diane Swonk, chief economist at KPMG. “There are some real cracks in the foundation. Housing is contracting. The consumer is slowing. GDP is growing, but not for all of the right reasons.”

“We’ve seen very clearly a slowdown in consumer spending over the course of the year,” said John Leer, chief economist at Morning Consult. “There’s been a pretty dramatic reallocation of spending because of elevated levels of inflation. Consumers are devoting a larger share of their wallets to food, gas and housing, while pulling back in other areas.”

In essence this is what Nouriel Roubini, both a Linkedin Influencer and a high profile Chief Economist, has been saying since 2021. We therefore googled his article reference which is this masterpiece

In?economics,?stagflation?or?recession-inflation?is a situation in which the?inflation rate?is high or increasing, the?economic growth?rate slows, and?unemployment?remains steadily high. It presents a dilemma for?economic policy, since actions intended to lower inflation may exacerbate unemployment.

The term, a portmanteau of?stagnation?and?inflation, is generally attributed to?Iain Macleod, a British?Conservative Party?politician who became?Chancellor of the Exchequer?in 1970. Macleod used the word in a 1965 speech to?Parliament?during a period of simultaneously high inflation and unemployment in the United Kingdom.[1][2][3][4]?Warning the House of Commons of the gravity of the situation, he said:

"We now have the worst of both worlds—not just inflation on the one side or stagnation on the other, but both of them together. We have a sort of 'stagflation' situation. And history, in modern terms, is indeed being made."[3][5]?https://en.wikipedia.org/wiki/Stagflation

In Europe, this May 2022 article is a must read

THE 5.0 LEADER IS A PRIMUS INTER PARES

There still is a great abuse with the term leader. All the inputs around Leadership during the last 40 years, lacked substance thus creating hype that had no practical value.?Stated simply, the Leader is a Primus inter pares. Primus inter pares is a Latin phrase meaning first among equals. It is typically used as an honorary title for?someone who is formally equal to other members of their group but is accorded unofficial respect, traditionally owing to their seniority in office.

?This lack of practical value was because it was widely missed that leadership is not an endowed consequence of positionship, just as singing ability is not an endowed consequence of having a voice.?The skills that people see in a leader are not always quantifiable or immediately recognizable but they know when they see it and they know when it is missing.

But – nowadays - being just a manager, is far from enough!.?

The sad truth is that whereas we all have 168 hours (24 hours * 7) per week most organizations are totally clueless on time management. When the CEO′s clock hits midnight on Sunday, he/she will already have consumed 75.07% of the 2022 time. However most organizations

a) wrongly measure the time with the year, the season, the month or the day

b) ignore that the true unit of time management measurement is the week ,the hour and the minute

Napoleon Hill put it very well i.e.

European Leadership?Spanish Leadership?and?American Leadership?already exceed 1.6 million followers combined. We openly share with the world our digital knowledge which we have been sharing privately with our clients since 2008.

Digital Worldwide Leadership?is our biggest 3.0 newsletter whose aim is to generously enlighten every CEO, Entrepreneur and Corporate Professional alike in order to educate and train them digitally in the 5.0 digital leadership world. It has surpassed the mark of 518.000 subscribers since it was launched 6 months ago last April.

?Liderazgo Digital Mundial?in Spanish has more than 93,000 subscribers in 6 months, thus paving the way to become a great success

?America Digital Leadership?is brand new with 24k subscribers in just under 2 weeks.

We have the best 5.0 digital infrastructure to lead and educate the planet. You are welcome to contact?Profile 2.0?of Jorge Zuazola CEO & Founder?European Leadership?for a first discussion.

Many companies have been treating humans during the last 40 years as “resources”.?They will have to go again through the experience of treating humans as creators and innovators, because true leading means creating

????FUTURE,

????CONFIDENCE AND

????BELIEF IN IT.

The 'Primus Inter Pares' approach to leadership –?first among equals?– offers us a new way of managing and leading in the 21st century. While being aware of the company’s most important objective: its mission for its customers, as well as the vision where the company has to be in the future the 5.0 leader, is able to achieve a shared vision with his/her stakeholders.

The 5.0 Leader knows that a real leader is neither charismatic nor born. A leader is not born, because he/she is made; and when he/she ceases to make himself a leader, he/she has ceased to be one. The "born leader" is precisely what we do not need anymore; because he/she is a visceral and egomaniac one.

We have tendencies to:

1.?Micro-Management:?In an attempt to display control or exert influence, titled leaders often direct details that are better handled by those closest to the environment.

2. Challenge:?Titled leaders frequently challenge or second-guess the decisions of their team. This is particularly common when we are in the presence of the titled leader’s peer group and they feel threatened or lack confidence. The old, hierarchical structure supported the thinking that those in higher managerial positions were superior, more knowledgeable, of higher intelligence, and therefore, more valuable to the organisation. Those in lower positions were deemed to be inferior, mere cogs in a wheel, and of less worth. While this approach holds a management structure in place, it does nothing to enhance employee satisfaction, enjoyment in the role or longevity in the workplace.

3. Internal Politics:?Whether for personal benefit or believing to have the best interests of the team at heart, titled leaders may make trade-offs with their peers. We sometimes think the team members closest to the solution don’t understand how things “really work”. In the past, there has been a definitive desire among managers to feel as though they have to control their employees to keep them working productively. This belief holds people in tight boxes, limits their creativity and asks of them little more than the job requires. With this form of control, also comes a threat: perform, or suffer the consequences. This view gives managers fuel that supports the atmosphere of power at the top.

When we practice these tactics, we fail to support the right person as first among equals. As a result, we fail to optimize our own team, results and leadership. In short, we are not serving the organization first. So the next time you are tempted to micro-manage, challenge or politic, stop. Identify who is Primus-Inter-Pares and empower them? Who is First Among Equals in the situation and therefore, best suited to lead, for the moment? Serve your organization by supporting the first among equals.

STRATEGY IS INDEED A COGNITIVE LADDER: TIME DO IT

Strategy is indeed a cognitive ladder. In the current 5.0 digital world strategy is a ladder where each step must come from a cognitive process.

The steps of a strategic cognitive ladder are indeed management modules, specifically eight, named below.?

#1: The 12 steps Success Pattern: LinkedIn as your Main Digital Asset https://www.dhirubhai.net/pulse/pattern-success-digital-leadership-world-jorge-zuazola/

#2: 2.0 Leadership Community as your Asset Monetizer https://www.dhirubhai.net/pulse/leadership-group-20-powerful-business-asset-european-leadership

#3: Thought Leadership Brand as your prestigious Web 2.0 Format?https://www.dhirubhai.net/pulse/web-20-leadership-brand-your-secret-sales-weapon-

#4: Digital Publications as your de-facto 3.0 Business TV https://www.dhirubhai.net/pulse/30-digital-model-mobile-semantic-8-steps-cognitive-

#5: CEO Management Pack https://www.dhirubhai.net/pulse/50-ceo-needs-measurement-peter-drucker-leadership-/

#6: The 4 bases sales system and the 94+5+1 =100% email equation https://www.dhirubhai.net/pulse/ceo-needs-strategic-ladder-stephen-covey-4-bases-sales-

#7: DCSM (Digital Client Sales Management) as your cutting edge 4.0 sales model https://www.dhirubhai.net/pulse/ceo-needs-dcsm-50-his-strategic-cognitive-ladder-

#8: Image Maker Sales Management https://www.dhirubhai.net/pulse/ceo-needs-image-maker-his-strategic-cognitive-ladder-

Once you have read the whole of this 34th edition of our newsletter, you will realize that you probably need our premium leadership model for the 5.0 Digital Age.

Contact us at?https://lnkd.in/dUdRAR4?(via LinkedIn invitation) to learn how to use our digital leadership premium model for either you personally or your company.

Jorge Zuazola CEO & Founder?European Leadership

Profile 2.0

URL 3.0 google?