Taking a long term view
I was at two very different talks last week. The first, Priorities for medical research in the United Kingdom, given at the University of Exeter by Sir Leszek Borysiewicz, the last in their Shaping the Future series. Much of it well over my head, but a fascinating hour and 20 minutes looking at key issues in medical research, now and in the future. One interesting point: Borysiewicz stressed the need for researchers and research institutes to build their relationships with the wealth creation sector.
I came away feeling that this was an area which had been well and truly gripped- and that in the long term, which is what medical research is inevitably about, we are going to be well served.
The second had a rather more immediate subject. This was a valedictory presentation by Peter Gripiaos to the Devon & Cornwall Business Council on The South West - The credit crunch and the real economy. It was a sobering 20 minutes: not very much good news, for any part of the Region, and an interesting counterpoint to the South West RDA’s What Now, its updated plans for 2009 – 2011.
Gripiaos asked ‘So are we out of the woods?’. His view is no (”the signs of recovery are conflicting”) and his answer to ‘So what can be done?’ is just as stark:
- We are in the realm of psychology now and the recession needs to run its course.
- SWERDA and local authorities have little money and not much leverage.
- Many businesses need to fail.
- Businesses and consumers need to learn a harsh lesson.
- So do politicians.
- We should focus on long term strategic interventions rather than short term fire-fighting.
As for the last of those bullet points, that too was the thrust of Borysiewicz’s talk.
It makes for interesting scenario planning.
Leadership is all
In a week when everything is overshadowed by the fate of Speaker Martin (at the time of posting we are still waiting to hear when it is he intends to go) and after what seems an eternity of disclosures about MPs’ expenses (accompanied by an orgy of hand-wringing insincerity), yet another excellent article by Stefan Stern in today’s FT – and for leaders in law firms another pointer,
Does “real leadership” simply mean telling people what to do? Or does leadership mean building consensus, so that when you attempt to make changes your organisation advances more or less as one.
Leadership is situational. In other words, context is everything. Few business leaders find themselves facing a weekly inquisition like PMQs. But in a time of economic difficulty, businesses and organisations do look to their leaders for clarity of thought and decisive action. So which organisations will come through this period in better shape: those where there is less talk and more action, or those where agreement is sought before action is taken?
Stern writes about the recent launch of the Centre for Professional Service Firms at the Cass Business School in London, and reports the comments of Laura Empson, director of the centre : “Professionals, by and large, do not want to be led, and professionals, by and large, do not want to be leaders.”
And this is the real problem.
“My ambition is to remain his loyal and supportive deputy.”
Reflecting on Harriet Harman’s protestations yesterday that she wasn’t about to challenge Gordon Brown, and was certain that he was the right man to lead the Labour Party and the country (I have paraphrased what she said, but the gist is there: see the BBC’s video clip) two thoughts came to mind,
the first is that if she really thinks that, she has anyway ruled herself out of contention, were he to go, on the basis of poor judgement; and
the second is that the information that the Daily Telegraph received (and that allowed it to splash the story on its front page) could only have come from the ‘She must be stopped at all costs’ faction withing the PLP, knowing that the revelation would force her to declare her undying loyalty to Brown.