Leaders now confront huge challenges that must somehow be understood and acted upon. As formidable as these challenges might be during normal times, during a perfect storm they appear insurmountable. They’re not, but that’s not to deny how confusing they are when you can’t get your bearings. Consider these very real scenarios, which senior executives we know have recently faced:
• You would like to charter a new team to look at business prospects in an emerging market. None of your direct reports have lived or worked extensively outside your home country, but your growth projections for emerging markets next year are expected to triple.
• You have been asked by colleagues in another sector of your ...