A key factor differentiating the levels of success between senior leaders is the breadth and depth of challenges they have encountered, their ability to derive meaningful insights from these events, and their skill in applying this knowledge in new contexts to achieve remarkable commercial outcomes. Effective sense-making relies not only on intellect but also on the broader construct of cognitive wisdom. Cognitive wisdom integrates life knowledge, experience, and reasoning ability, enabling individuals to make impactful, ethical, and strategic decisions in complex situations. Lessons from myth align well with contemporary practice, highlighting that elements such as getting to root causality, non-competitive dialogue, openness to diverse views, and slow thinking are pivotal in enhancing leaders' capacity to make impactful decisions and propel their organisations toward success.
How do you explain the success of young startup leaders?