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The four cornerstones of effective leadership
Deborah Ancona is an accomplished Professor and Director for Leadership studies at the MIT Sloan School of Management. Her research and teaching focusses on distributed leadership and supporting models and tools for organisations that practice superior leadership.
In this insightful video, Prof Ancona, a lead author of the '4 Capabilities Leadership Framework', describes the key attributes of a successful leader and explains how to put them in action:
- Sensemaking: making sense of the world around us, coming to understand the context in which we are operating.
- Relating: developing key relationships within and across organizations.
- Visioning: creating a compelling picture of the future.
- Inventing: designing new ways of working together to realize the vision.
We believe that Prof Ancona's insight and advice is highly relevant to business leaders in the industries we are dealing with, i.e. introducing cloud based systems and processes to traditional organisations such as accounting firms.
Enjoy the video!
Posted by Wolf Schumacher
The Arrow of Time and the History of Accounting
Knowledge of history is a necessary anchor that allows a person to attach a plumb line in order to probe the direction of the future. For those of us involved in measuring business activity, history is no less instructive and a look back over the history of accounting will allow us to come to some interesting conclusions about the future.
Hunter gatherer societies have existed since the beginning of the human species some 100,000 years ago and have always had little use for number systems for the possible reason that their trading activity has always been limited. In fact there is a group of Amazon Indians that have no concept of numbers and counting what so ever.
Keeping track of trading activity started it all
