Even highly skilled and intelligent leaders aren’t good at detecting changes in their environment that might affect strategy. When you are focusing on all of the moving parts of your business, you can be blinded to these important changes. In psychology, this is known as inattentional bias, which typically happens because we are all overloaded with stimuli, and it is impossible to pay attention to everything in one’s environment.
To be adaptive to change, you need to be attuned to these signals. Not only that, you need to be able to determine which of those are transient and which are permanent; which of them are opportunities and which of them are threats. Continue reading