02.11.2023 Views

Blue Chip Issue 89

Blue Chip Journal – The official publication of FPI. Blue Chip is a quarterly journal for the financial planning industry and is the official publication of the Financial Planning Institute of Southern Africa NPC (FPI), effective from the January 2020 edition. Blue Chip publishes contributions from FPI and other leading industry figures, covering all aspects of the financial planning industry.

Blue Chip Journal – The official publication of FPI. Blue Chip is a quarterly journal for the financial planning industry and is the official publication of the Financial Planning Institute of Southern Africa NPC (FPI), effective from the January 2020 edition. Blue Chip publishes contributions from FPI and other leading industry figures, covering all aspects of the financial planning industry.

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BLUE<br />

CHIP<br />

FINANCIAL PLANNING | Leadership<br />

Disruption, reinvention and<br />

inclusive leadership:<br />

how can we use the opportunity<br />

to create a better world<br />

We are living through extraordinary times,<br />

experiencing big overall trends; climate change,<br />

technological disruption, a mental health crisis, a<br />

fracturing world and social instability – all of which<br />

are reshaping the business environment and our world today.<br />

Many people are feeling hugely burdened by all of this, and<br />

rightly so. The risks these trends create only strengthen the weight<br />

and relevance of solid financial planning, of creating stability<br />

where we can. What is important to realise though is that these<br />

trends pose new and huge risks, but also great opportunities to<br />

rethink our work and our world fundamentally. The way we will<br />

handle the problems we have today is going to impact the way<br />

we are able to work and live in the future – and I want to take it as<br />

far as saying it will impact how we inhabit our planet.<br />

The need for reinvention<br />

In its recent CEO survey, PwC interviewed over 4 000 CEOs in over<br />

100 countries. Almost 40% of CEOs said that if they continued their<br />

current course, their business would not be viable in 10 years’ time.<br />

“Evolve or die,” many of them said. A big need was identified: the<br />

need for reinvention. Reinvention being the shifting of mindsets,<br />

the “re-imagining and re-making of our reality to create something<br />

new and improved, with new qualities and attributes”.<br />

If businesses are pressured to reinvent, so are their leaders<br />

and their people… this creates pressures and burdens for<br />

individuals, yet once again opportunities! What if the rethinking<br />

and re-imagining of our current reality could create something<br />

better? Better working conditions, a more humane economy, a<br />

better treatment of our planet?<br />

82 www.bluechipdigital.co.za

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