Are you a curious leader?

Natural curiosity is about a genuine drive to understand the unknown. Curiosity may also involve rethinking the status quo, reviewing and throwing away long-held assumptions proven false by the world we live and work in.

A curious leader is someone who does not accept everything at face value, but is driven to delve beneath the surface to gain a deep level of understanding. This trait should not be confused with skepticism. Being a curious leader implies that you don’t know the answers but is willing to explore with your followers. Many in leadership roles still perceive they must be seen as having all of the answers. Yet, possessing a healthy sense of curiosity can let a leader pursue new, different, or even previously-thought impossible initiatives. In the right business environment, this curiosity leads to experimentation which becomes the foundation of innovation.

Developing curiosity can always start with asking “Why…”, “How might…” and “What if…”.

SourceArt Pretty

 

Advertisements

Here’s how to tell if you have a transformative business model

Chances are you’ll agree that Apple has revolutionized the audio device market when it introduced the iPod and iTunes. Other companies such as Uber which disrupted the taxi industry may also come to mind. What escapes the casual observer is that these companies’ success was largely achieved when the firm developed a business model that links new technology with an emerging consumer need. Christoph Loch et al believes that six features of a business model can determine whether the it is ground-breaking or not: personalized product or service, closed-loop process, asset sharing, usage-based pricing, collaborative ecosystem, and an agile and adaptive organization. The more features the business model has, the more it is likely to succeed in a big way.

Source: Havard Business Review