Does your organization have FOGO?

Now that the lockdown in South Africa has started to lift, I’m noticing how many people are struggling with FOGO – an acronym for ‘Fear of Going Out’. 

They have established a safe bubble during lockdown, and are anxious about venturing out and confronting the turbulent world that awaits them. This tendency seems to be the antithesis of FOMO, which we all know as the ‘Fear of Missing Out’.

This article explores the characteristics of FOGO in organizations, and what you, as a leader, can do about it.

I encourage leaders to realize that their organizations must venture out before it’s too late. The cost of inaction may be irreversible. This unusual moment will come to an end, sooner rather than later, and we will all have to enter the uncertain world outside.

Leaders must confront their brutal truths but never give up their hopes

It is becoming much clearer what the next 12 months will look like for our organizations. For some organizations, it looks quite bleak; for others there may be a measure of hope.

I’m writing this article in early August 2020 in South Africa. The coronavirus pandemic appears to be over the hump of the first wave over here, and hopefully in decline. People have learned how to navigate through the dangers and restrictions that confront them each day. It looks like the initial panic is slowly subsiding. 

Leaders are able to distill evidence and trends to infer what their organizations will look like over the next year. For many leaders, this outlook is legitimately distressing. Their organizations, their beneficiaries and customers, their strategic context, may look very different from how they did in the past. 

I advise leaders to consider the Stockdale Paradox, in which I’ve found solace in recent months. This paradox suggests that leaders must confront and accept the brutal truth of what they see.

The four outcomes of good leadership

I’ve been thinking a lot about leadership recently – about what good leadership is and what type of leaders the world needs right now. There seems to be turmoil everywhere, but also opportunity.

I’m very mindful of how leaders behave and the outcomes they achieve in their teams, organizations and communities. I’m fortunate to have worked with some very skilled (and poor) leaders, and witnessed a variety of leadership styles.

I’ve noticed that good leaders are able to achieve four key outcomes among their team members, subordinates and followers. I unpack these in this article, as well as the three biggest mistakes that I tend to make as a leader.

We are heading towards some difficult times with many challenges on the horizon. While none of us know how this will ultimately turn out, we can be sure that many of us need to become better leaders. Focusing on these four outcomes will help us to remain on course.

Summary of four project budgeting methods

A month ago I wrote an article on the four methods for developing project budgets which I’ve seen non-profit organizations use in South Africa. I believe its best to be adaptable and have all these methods in your project budgeting ‘toolkit’.

This 1-page Strategy Brief summaries these four methods. There is a link to the full article at the bottom of this Brief.

Recent events have made our decisions simpler but not easier

Over the past month, I’ve been helping organizations to adapt to the Coronavirus pandemic and resulting lockdown. I’ve helped them to reassess and refine their strategies and how they work. I’ve also helped organizations to downsize. This has been a painful process for everyone involved.

On the positive side, I’ve seen organizations use this opportunity to implement changes that have been overdue for some time. And some organizations that provide ‘essential services’ have even scaled their services to meet their growing demand.

But I’ve heard more sad stories than I’ve heard success stories.

I’ve noticed an interesting phenomenon during this time. It has seemed easier than usual to identify the constraints influencing our organizations and to make the required strategic decisions. In contrast, it has felt emotionally harder to make and implement these decisions. I’ve seen how leaders have suffered, and how they need time to grieve, reflect and heal.

This is the phenomenon that I’ll explore in this article.

Perspectives when assessing or designing a strategy

A while ago, we pitched to develop a strategic plan for an international non-profit organization. As part of our proposal, we needed to describe how we see ‘strategic planning’ and how we should adopt multiple perspectives when looking at organizations. A colleague and I drew this framework over a coffee chat at our local spot. It was then neatened up and integrated into our proposal.

I thought I’d share this short framework with you since you may find it thought provoking.

Four methods that non-profit organizations can use to develop project budgets for their funding proposals

This article will help you to think more broadly about developing project budgets for your funding proposals and donors. It will highlight four budgeting methods to include in your toolkit. This will help your organization to be more prepared, versatile and likely to build (as opposed to consume) its financial reserves.

Non-profit organizations tend to rely on grants for their survival. Fundraisers must be skilled at developing a narrative for how a project will achieve its impact, and how the anticipated activities and costs will serve this purpose.

I’ve worked with several organizations that routinely get the full funds they need for their projects. I’ve noticed they tend to use a variety of methods for developing project budgets. They have also developed innovative products, and have used marketing and PR to bolster their bargaining power.

In this article I will discuss four methods of developing project budgets. I will also discuss the issue of cost structure and bargaining power since these concepts are relevant to this conversation.

My thoughts on the shifts that this pandemic may encourage in South Africa

COVID-19 will change everything. Like a defining moment in history (such as the Great Depression, 1st and 2nd World Wars, 9/11 and the 1994 elections in South Africa), the future will take on a new course.

On the bright side, we will recover as we always do, though it may take several years before things are back on track.

This experience will influence how we behave in the future. This is evident as I finish this article in the first week of April 2020 during South Africa’s ‘lockdown’.

I’ve known the future to be unstable. This is why I’ve emphasized strategic conversation as opposed to long strategic documents. But I didn’t expect an event of this magnitude to erupt.

In this article, I explore ten interesting shifts or trends that are beginning to emerge as a result of this pandemic. While some of these will be positive, others will need to be carefully monitored.

When are business ideas good ideas?

In the past month, I’ve had several conversations with non-profit organizations and social enterprises about when a business opportunity is a good opportunity.

This got me thinking more explicitly about this topic. I also debated it with my colleagues.

We concluded that while there is definitely a need for these organizations to explore opportunities to generate revenue, too many organizations are rushing blindly forward without proper consideration or due-diligence.

This short presentation captures my ideas on the subject. I’d love to hear your thoughts.

Enterprise and supplier development (SED) for non-profits and social enterprises

I frequently have conversations with non-profit organizations and social enterprises that are working to establish and strengthen small businesses.

We often discuss how these organizations can enter into a commercial relationship with larger businesses (“corporates”) to speed up their Enterprise & Supplier Development (ESD) efforts.

This short presentation explores three opportunities for collaboration and provides some useful background information. There are others opportunities (e.g. establishing an investment fund, or providing consulting services), but these are more specialized and less common, and therefore not discussed.

These opportunities are created by South African legislation, specifically the Amended B-BBEE Codes of Good Practice.

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