Latest / Cutting Through with Natasha Plowman / Cutting Through with Louisa Loran
Transcript
- 0:16Welcome to Cutting Through with Me, Natasha Ploughman.
- 0:19Today I'm joined by Louisa Loran.
- 0:22Now, Louisa is one of the consummate corporate executives
- 0:26that I've ever come across. We've met first when I think
- 0:29we're pretty fairly new babies in the corporate world of
- 0:31Diageo. But since then, Louisa's career
- 0:34has taken on new heights working in companies like Maersk and
- 0:37Google. And now she is a corporate
- 0:40advisor and we will get to talk about her book, which is
- 0:43launching this year as well. Welcome Louisa.
- 0:47Great to have you on cutting through.
- 0:49Give me a Whistle stop tour about who you are and what makes
- 0:51you tick. Thank you so much, Natasha.
- 0:54It's lovely to be here and great to connect with you and your
- 0:57audience of course. So who I am and what makes me
- 1:00think, I think, well, as you said, I've had a very diverse
- 1:04career in terms of industries, but what's been consistent is
- 1:08I've always been curious about what drives change and what's
- 1:10going to happen next. So see that opportunity out
- 1:13there next. I'm quite, let's say go getter
- 1:16structurally saying what does it take to achieve that and how do
- 1:19we need to reorganise, build products, segment, whatever it
- 1:23may be to go after it. Then I think probably the thing
- 1:25that differentiates me the most is I tried to find the courage
- 1:30within leaders so they can go after it because the plans on a
- 1:33paper are not worth much unless you can actually get people to
- 1:36move towards it. So I've been fortunate to have
- 1:39done that in very different industries for lots of different
- 1:42partners and customers. And yeah, loving sharing that
- 1:46with the world so people can be more successful.
- 1:49Brilliant. And it seems we are in such a
- 1:51time of disruption at the moment.
- 1:53And a lot of the conversations I've been having lately, it's
- 1:56likened in a way to reflect on the industrial revolution and
- 1:59the changes that happened to particularly to goods
- 2:01manufacturing and the jobs that changed and how people responded
- 2:05to it. And where are we in this
- 2:08knowledge technological revolution at the moment?
- 2:11What stage do you think we're at?
- 2:14Well, for someone who loves change and sees lots of
- 2:17opportunity and it, I think it's an exciting time, but I think
- 2:20there is no doubt that it is a structural opportunity we have
- 2:24in front of us. That does not mean that the
- 2:26change will come fast because we see a lot that technology can
- 2:29move significantly faster than the human willingness to engage
- 2:33with it. So just like people have to feel
- 2:36the value of all the previous big revolutions, I think what
- 2:39we're seeing now is that people are actually leaning in, playing
- 2:43with parts of technology, but not truly understanding what the
- 2:46drivers of decision making is in this space.
- 2:48So we will get, I'm sure, some form of a catch up effect.
- 2:51And for me, the thing I'm most focused on is that the people
- 2:55who have the expertise and the knowledge lean in and help shape
- 2:58that future, um. And it is shaping the future,
- 3:02which, and I suppose this is where we get this diversity of
- 3:05opinion with some people around shaping the future for who and
- 3:09how do we kind of make that more, I suppose, equitable and
- 3:12how do we bring the kind of the human element?
- 3:15And so who's going to drive this change and to what ends?
- 3:18I mean, there's big topics which I'm sure a lot of people are
- 3:20speaking about. Let's take a little bit of a
- 3:22step back before we get into that, because I'm sure we will
- 3:25around some of the transformations and changes that
- 3:28you have led over time. And what's what's taught you
- 3:31about the change that we're going to see in the future?
- 3:35Yeah. Well, I think that I said I've
- 3:38been very privileged to to look at many different types of
- 3:41changes. I think the one that is an
- 3:42interesting story for everyone to learn from is, is one that I
- 3:46was part of at Maersk. I joined in 2014.
- 3:50It was a very traditional standardised operational company
- 3:55in in traditional sensing. Yeah, very commoditized industry
- 4:01as well. And I landed there with a
- 4:04background from Diageo, lifestyle brands, consumers,
- 4:07digital journeys, all these types of things, and started to
- 4:09talk about customers and needs. And everyone was a bit like,
- 4:13what is this language she's speaking and why do we even need
- 4:16it? Fortunate for me, I landed in a
- 4:18very high IQ culture. So people were intellectually
- 4:23curious, trying to understand what were these complementary
- 4:26skills, even though there was not a clear benefit as to how to
- 4:29apply it. And I think that there's,
- 4:31there's a lot of this of saying, OK, are we curious about things
- 4:35when we can't really see the relevance to us or not?
- 4:37But but in this case, there was that openness and curiosity.
- 4:42The situation was that that the industry as a whole was non
- 4:46profitable, the entire industry performing low cost or below
- 4:51cost of of operations and therefore a significant need to
- 4:55change it. There was a chairman and CEO
- 4:58change and they decided to say, OK, we're going to sell off a
- 5:00large part of the business, oil and energy, we're going to
- 5:03continue transport and logistics.
- 5:05But there was a need to fill that line with significantly
- 5:10more detail. What are we going to be
- 5:12something for? What are we going to offer?
- 5:14Why are they going to choose us? All these type of things.
- 5:16So what I came in and played the role of what was both
- 5:20facilitating the conversations, both with the executives, the
- 5:23organisation and the external world to say actually, what's
- 5:25there a need for? What do we think we have of
- 5:28propositions that we can actually package in a way where
- 5:30it be relevant and can we deploy them in a new setting?
- 5:34For some people, this was significantly different to
- 5:38anything they'd ever been doing before because everything has
- 5:41kind of been pursuing A narrow path and starting to talk about
- 5:45being an enabler of someone's supply chain, not just a cog in
- 5:49their wheel, but but truly enabling their growth was a mind
- 5:54blowing conversation. What then happened was Maersk
- 5:59was hit by a significant cyber attack.
- 6:02And I would not wish this on my worst enemy ever.
- 6:05But the reason I'm telling you this is because all of a sudden
- 6:08you can imagine someone who is, let's say, a very, very
- 6:12unnoticeable bot of most people's lives and supply chains
- 6:16suddenly becomes very substantial when you have 20% of
- 6:19the world's goods being held by not being accessible because
- 6:23there is a cyber attack. So for 10 days, we moved 20% of
- 6:27the world's goods around the world without any tech.
- 6:32The CEO got calls from every single executive you could ever
- 6:35imagine basically saying, where are my goods, my factory
- 6:38shutting down, We're out of stock.
- 6:41And suddenly it was an important change maker to help people
- 6:45internally understand how important they were.
- 6:47They were not just this, this small component.
- 6:51And at the same time, it also helped breakdown the barriers of
- 6:55saying how do we in such a change process become more open?
- 7:00How do we acknowledge the fact that this is a difficult
- 7:03situation? We can't carry the weight of the
- 7:06world's businesses fully, but we need to give them adequate
- 7:10information so they can make their changes.
- 7:12So it was both an external and an internal, let's say,
- 7:15infliction point that that truly transformed there.
- 7:21And coming out to that, a lot of hard work, a lot of details, a
- 7:24lot of, let's say, flipping the organisation because suddenly
- 7:27the people who knew the most were the ones out in the docks
- 7:30and the depots, et cetera, not the people in the executive
- 7:33office. We spent quite a lot of time
- 7:37talking about what does it take of this change?
- 7:39And like any other business, of course, it, it takes people
- 7:43wanting to change, it takes people wanting to engage in a
- 7:46different way, take different responsibility for what they do.
- 7:51And in this context, we chose to actually send the signal out to
- 7:54the world. We, we did a piece of columns
- 7:57which was basically a depiction of someone's brain.
- 8:02It was a dialogue of two individuals describing one side
- 8:07of the brain and the other side. So change and the reptilian
- 8:10brain of keeping habits and doing what you're used to, but
- 8:16acknowledging the fact that we needed to change, our customers
- 8:19needed to change and saying that we are choosing to do this.
- 8:24It had a lot of interesting comments and responses because
- 8:28people said, what does this have to do with logistics?
- 8:31What does it have to do with shipping?
- 8:32Why are you telling me this? But we needed to unlearn and
- 8:36signal a change before people were willing to go on that
- 8:39journey with us. As you can hear, I can talk
- 8:42about this forever. But the point of this is of
- 8:44course that that some of those bold steps, some of those
- 8:47capturing the moment, seeing what's happening and how can I
- 8:50use this in my change journey meant that that suddenly Merck
- 8:55was in a significantly better position to build different
- 8:58relationships with customers. And had actually a pivotal
- 9:01moment. I would say also helped by COVID
- 9:04where where suddenly you have a business that troubled in, in
- 9:09share price value and actually at peak quadrupled as well.
- 9:13I mean, that is a fascinating story on so many levels.
- 9:16And the bit that I'm really interested in as well is we
- 9:19often joke in Comm circles and particularly people who work on
- 9:22crisis and issues, that sometimes you need a really big
- 9:24crisis to get all the issues to the fore.
- 9:27And that sounds like that's what happened here with Mersk.
- 9:30And like you said, and we're seeing these instances happen
- 9:33more and more of cyber attacks and technological breakdown that
- 9:38is making people rapidly think, rethink how they approach
- 9:42technology and how they approach the way they do business more
- 9:45broadly. And and I wonder, you know,
- 9:48because at the same time, no one wants, how do we get to a point
- 9:52of preparing more for it? Or is that sometimes just
- 9:56impossible because people are so fixated on the status quo and
- 10:00fixated on the now rather than where we might be going in the
- 10:02future? Yeah.
- 10:04No, no, very, very good question and definitely something I've
- 10:07also spent a lot of time with, especially when moving from more
- 10:11of a traditional business world into Google, spending two years
- 10:14in global product, one year leading an industry driving
- 10:16strategic transformation for all largest customers, etcetera.
- 10:20And I think the biggest difference is of course, that in
- 10:23when you land in such a data driven world as Google naturally
- 10:26is, you understand that every piece of knowledge, as we know
- 10:30by let's say when we talk about it, but not when we operate is a
- 10:33piece of data. And let's say the foundation to
- 10:37have something where that data connects is the essential
- 10:41foundation of being change ready and transformation ready.
- 10:45The second step, because I said the first one can be a technical
- 10:49thing. You have a place.
- 10:50It doesn't mean one system, it doesn't mean a monolith, but
- 10:53just connect it. The second point is probably
- 10:56where most of the partners and customers I work with get stuck
- 11:00because that is a data access culture.
- 11:03Yeah. We will talk afterwards about AI
- 11:05and all the things that come on top, but if you don't have a
- 11:08data access culture that enables you or a system or an AI to
- 11:14actually look at is 1 department doing something that the other
- 11:17one is then later reversing, then you will not be change
- 11:22ready. You will not be disruption
- 11:23later. All these type of things you
- 11:25need to make sure they have the foundation and a culture where
- 11:28people can ask those questions. I.
- 11:31Yeah, really, I like the whole the culture piece because I
- 11:34mean, there were like things that you talk around, around
- 11:36curiosity around connecting the dots around, looking at things
- 11:40from other people's perspectives and empathy seem to be all
- 11:43intrinsic to how you're approaching this change.
- 11:46And yet they're always seen a lot of ways as soft skills or
- 11:50discretionary skills or things that aren't necessarily required
- 11:53to drive business success in the future.
- 11:56But from what I'm hearing, they're not those human elements
- 11:59to what makes us human are. Absolutely.
- 12:01The integral to everything that we've got going on.
- 12:04So how can we shift to this human approach to technology
- 12:08change a lot more central to everything we're doing?
- 12:12Yeah, yeah. No, absolutely.
- 12:14And you're so right. I think every single large
- 12:17consultancy firm has some number of how many transformations
- 12:21fails and they slightly disagree, but it's always north
- 12:24of 80% that fail, all right. So it's not that efforts are not
- 12:28being put in, money is being spent hours, all these type of
- 12:32things. I think fundamentally it's
- 12:34because many businesses are not aware of their core proposition
- 12:39and what it is that they need to protect.
- 12:42So the tools that are available to us today are phenomenal,
- 12:46whether it's accessing the data or querying information,
- 12:49translating, whatever it may be that we have tonnes of
- 12:52superpowers. But I've also worked with many
- 12:55companies who inadvertently have commoditized themselves because
- 12:59they didn't really understand what is it we do.
- 13:02So let's say a large CPG company, are they winning
- 13:06because they have a unique Rd department and they faster and
- 13:11better than anyone else can develop a product, then that's
- 13:14what you predict? Or are they actually just
- 13:17really, really good at distribution, understanding
- 13:19where it needs on demand forecast and having the right
- 13:22placements? What I've seen in many
- 13:25companies, they're like, oh, let's outsource because it
- 13:28lowers our cost. But maybe you've actually just
- 13:30given the gold of who you are a way to either an external
- 13:35partner or to technology. So I talk a lot about like
- 13:39understanding really what is your core proposition and, and
- 13:42other things on the outskirts you use, you buy you partner so
- 13:46you can stand on the shoulders and and accelerate faster.
- 13:48But if you don't know what that core is, then you are at high
- 13:52risk of losing it. And honestly, that's no
- 13:56different from us as individuals.
- 13:59Yeah. When people fear change, it's
- 14:01typically because they can't see themselves in that different
- 14:03future. And sometimes people do it well,
- 14:05knowing because they can see they are not a part of it.
- 14:08And instead of, let's say, taking the time and saying, if
- 14:10I'm not part of this company's future, what's the legacy I want
- 14:13to take with me? What do I want to learn?
- 14:15And why do I want to bring it? Instead, people hold back.
- 14:18So all these, let's say, insecurities both on a business
- 14:22level and an individual level suddenly become very, very
- 14:25costly and get misunderstood as, let's say, tech questions.
- 14:33Exactly. And, and it is fundamentally
- 14:35those issues of fear that is driving so much conversation
- 14:39we're having about technology at the moment.
- 14:42Because on the one hand we're seeing all these people kind of
- 14:44saying all these things that can happen and you've got other
- 14:46people saying, but what does this mean for us as individuals?
- 14:49What does it mean for the skills that I've got now?
- 14:52What does it mean for the skills that my kids are learning?
- 14:55I mean, I know for me personally, I look at the future
- 14:57and my daughter's only just starting high school.
- 14:59I have no idea what's going to be in that future for her.
- 15:03But I think it's a really interesting conversation to,
- 15:05like you say, to enter into with openness rather than restriction
- 15:11and entering into and, and not fear.
- 15:13But then the fear comes from, I think do we trust the people who
- 15:19are leading some of this change? And do we trust that the
- 15:22organisations, and it is organisations, because it does
- 15:25feel like governments aren't looking into the future in the
- 15:28right way, are leading this change.
- 15:31And how do we, how do we look at this change with an openness
- 15:34while there's a fear and distrust happening at the same
- 15:37time? Because you talk about the
- 15:39organisations that you've been part of, which seems to be a lot
- 15:41of curiosity, a lot of empathy, a lot of humanity and a lot of
- 15:44openness to change. But can you talk a bit more
- 15:47about where you've seen fear translate itself into
- 15:51restricting change? Yeah, I I think by nature I am
- 15:55an optimist and I am curious. So trust me, I can tell you lots
- 15:59of stories about the hard things in the companies I've been and
- 16:02the partners I've worked with as well.
- 16:04I think it is a, a decision to look for the opportunity because
- 16:08as you say, like politicians, it's often logical.
- 16:11I'm not saying always because there are clear, let's say
- 16:16examples of the opposite, but it is obvious, often logical, why
- 16:20people do what they do, whether it's in a business trying to
- 16:23understand what KPIs are driving someone or what their personal
- 16:26motivations are, or what the narratives they have in their
- 16:29head from the past that has been holding them back are.
- 16:34But I think the the public today are very fast to just accepting
- 16:40the facts instead of saying, OK, the people who implemented this,
- 16:43what are they trying to achieve? What will my contribution be
- 16:47towards this? What is the value I get in in
- 16:50return? Because I mean, you said it in
- 16:52the beginning, quite briefly, some of these let's say future
- 16:57views on on the world, whether it's let's say a Web 3 or a
- 17:03crypto world or a distributed data world, in theory, they are
- 17:09really, really cool. However, it is in theory because
- 17:13that requires everyone to lean into a similar type of
- 17:16respectful governance, which we know is not how humans act.
- 17:22All kinds of reasons. But I think for me, what I do is
- 17:25I simply just try to understand why people doing the what
- 17:28they're doing or why business is doing what they're doing.
- 17:31And then I have a more pure and conscious choice on whether to
- 17:37lean in or not. And I completely agree.
- 17:39For the next generation, it's an exciting time.
- 17:42It's also a scary time. And I think it's a time where,
- 17:46let's say values become a anchor that enables you to act fast,
- 17:51not, as you said, not a soft skill, not a pillow, but but an
- 17:54awareness of where do I step in, where do I step out, and how do
- 17:58I ensure that I play correctly in this field.
- 18:01Yeah. And I think it's and and this is
- 18:03where we need to kind of be focusing a lot of efforts around
- 18:06training and education and also skills based kind of development
- 18:11for the future of the current workforce.
- 18:13Now is it, you know, we talk about doing values based
- 18:16workshops and communications and internal comms professionals in
- 18:19particular often lean into those those tools to kind of get
- 18:24people to be engaged more in the workforce.
- 18:26But do we need to be focusing a lot more on getting people to
- 18:30understand who they are, what makes them tick as an individual
- 18:34at all levels of a business? And when should we start doing
- 18:37that? Because I was speaking to a
- 18:39coach the other day and she's looking at often those, those
- 18:45tools that people get access to, to really get to know who they
- 18:47are. They get it when they're a
- 18:49senior leader. Should we start doing that much
- 18:52more when people in their early career?
- 18:54So we're kind of just circumventing a lot of the pain
- 18:57and the kind of mistakes that you make.
- 18:59I mean, I'll go back at my, you know, my early career.
- 19:02You know, the mistakes I made were generally based around how
- 19:05I showed up because I didn't understand what I was doing and
- 19:08saying and didn't understand myself well enough.
- 19:10And it comes with age is that what we need to be focusing on
- 19:13now is kind of really getting people to be much more own their
- 19:17own, their own value system and and be able to articulate it in
- 19:20a way that that that, that kind of drives that that curiosity
- 19:23that you spoke about. I 100% agree.
- 19:28This is important. I, I also really agree with what
- 19:30you're saying that that most of us have been privileged with
- 19:33experience and can look back and say, well, that was not too
- 19:36smart, but I learned from it. And of course there's a part of,
- 19:40of sharing more of that perspective and, and my career
- 19:42choices have been driven by seeing the world from different
- 19:45sides. So because I know there's not
- 19:47one truth and and and learning faster in that way that that
- 19:51said, I do think that that we we need to be clear that this is
- 19:55not knowing ourselves for the sake of knowing ourselves or
- 19:58knowing our products or businesses for sake of doing
- 20:00that. It is to be sharper and more
- 20:03effective. And I think that's what's really
- 20:06difficult when you in many companies, you go, OK, we're
- 20:09going to do in a way day. We're going to have, we're doing
- 20:11an exercise. It's going to be fun.
- 20:13And then. Half of the room is thinking, Oh
- 20:15my God, I'm going to be behind with everything I could have
- 20:18used this day at my desk. When reality is, it's that
- 20:21awareness that allows us to better, let's say, deselect
- 20:25what's not relevant and move with pace.
- 20:28That combination I think is not talked enough about because we
- 20:32need to be honest, we need to be sharp, we need to be ambitious,
- 20:35we need to do all these things because otherwise there will not
- 20:38be a role for us in the future. But it has to be grounded in an
- 20:42awareness instead of a fear or a disillusion where one at some
- 20:47point maybe realises I shouldn't be here and therefore it's easy
- 20:52for someone to plough over you as a business or as a person.
- 20:56Yeah. And I think this is the, and
- 20:58this is the essence for me around why I like these
- 21:00conversations and why I kind of started cutting through is that
- 21:04the interconnectedness of communications and individuals
- 21:09and reputation of businesses and where transformation is going
- 21:14into the future as fundamental questions for for all businesses
- 21:18going forward. And so could you, if you had a
- 21:22crystal ball and kind of looking, reflecting on all the
- 21:25experience you've got, where do you see kind of some of the big
- 21:29legacy and you've worked for big legacy businesses?
- 21:32And I think Google kind of straddles both now as being both
- 21:35a legacy business and also looking to innovation in the
- 21:38future. Do you see some of those big
- 21:41legacy businesses really being able to change like Mersk was or
- 21:46like they're like they often coined as super tankers and they
- 21:50took so long. So what do you think is going to
- 21:53be their catalyst to really make the the changes they need to
- 21:57have besides the crisis? Because that's.
- 22:01Well, well, I, I hope so and I believe so.
- 22:06It will of course be dependent on the individuals in control,
- 22:09the owners, the CEOs, the board members, et cetera.
- 22:13Um, one of the reasons that, as you said, I've, I've written
- 22:16this book is because I've sat in so many executive rooms, in
- 22:19boardrooms, et cetera, had these conversations behind closed
- 22:22doors and I've shared perspective and I've seen people
- 22:25listen and reflect, et cetera. But we need a momentum of this
- 22:30out there. So I was like, OK, let me not
- 22:33limit this to those who have the high pay tracks and happen to be
- 22:36in those rooms, but let's get it out in a book.
- 22:38Let's get leadership, anatomy in motion, empowering you to lead
- 22:41through technology and people out with as many people as
- 22:44possible. And for sure, I believe there's
- 22:49a willingness, there's definitely a lack of courage and
- 22:52confidence in this space. And hopefully that can be the
- 22:55nudge for many to do so. And I think for sure it has to
- 22:58be a combination of leaders on the top who are seeing a train
- 23:03running faster than than they've been on in the past.
- 23:06Not thinking, let me retire before this happens, but let me
- 23:08be part of the legacy that changed it.
- 23:10And a lot of people underneath who are willing to lean in and
- 23:13try it and take responsibility at the same time.
- 23:16Because I do see this split between, let's say, over
- 23:20responsibility on the top and I can't because I carry all this
- 23:23legacy. If I would, it would be a
- 23:26decline before it would go fast. And on the bottom part of many
- 23:29organisations, people being, sorry, slightly naive thinking,
- 23:33but I can do da, da, da, da. And normally there's a good
- 23:36reason why we're doing something different.
- 23:38So let's talk about what responsibility will you carry if
- 23:41we also drive this change? And you mentioned something
- 23:44which I think is really important and something that
- 23:46I've kind of spoken a lot about is around trade offs, being
- 23:49really, really open and upfront about the trade offs that
- 23:53sometimes need to be made. And then like sometimes there
- 23:56will be a dip. And how do businesses deal with
- 23:58that? But how do stakeholders,
- 24:00particularly investors and governments and regulators as
- 24:03well as consumers see those trade offs that businesses are
- 24:07making and be able to build that trust in the future that it
- 24:10will, it will come good, I suppose, in the future.
- 24:12And, but, and for employees. And I often find that that
- 24:16conversation around trade offs is just so limited because of
- 24:20fear and because we're not able to navigate the conversation
- 24:25around trade offs effectively. So is there a way that we can
- 24:28kind of bring people with us on some of our journey and
- 24:32discussion? And I acknowledge the dips in
- 24:34the, in the kind of it's cyclical and it will go up and
- 24:36down. So we can move a lot quicker
- 24:39without the pain and the reputational pain that so many
- 24:43businesses are facing at the moment when they try and do
- 24:45something different. Yeah, No, I think the the, the
- 24:48let's say the universal rule is talk about it, right, Because
- 24:52getting into a room with the white board saying, OK, you want
- 24:55this? I want this is a approach to get
- 24:59closer to comparing apples in Paris.
- 25:02But I'll give you a quick example.
- 25:03When I was at Google, I was privileged enough to work with
- 25:06the Lufthansa group and on Swiss airlines.
- 25:09They, we partnered on this amazing project where they
- 25:13wanted to both have of course happy customers, quick turnover
- 25:17on their flights, low cost on fuel, et cetera, et cetera.
- 25:21But these were all like apples and pears and different
- 25:24departments were trying to optimise their operations and it
- 25:28was impossible to, to juggle all of them.
- 25:31But but the, the Google research team came in and helped them
- 25:34actually scenarios and see how these things could be optimised.
- 25:39And they did that by not saying, OK, what are the outcomes?
- 25:42How do you make decisions today? But how do we go back and look
- 25:44at what the input is? Because people have made
- 25:47business rules and assumptions throughout this that shaped
- 25:51whatever they were then trying to debate in that room.
- 25:54But by uncovering those assumptions and saying, OK, what
- 25:57are the real constraints here, the data was able to give
- 26:01different recommendations that actually enabled Swiss Air to
- 26:04have one of the most profitable airlines in the world post the
- 26:08deployment of this. That's of course a very, very
- 26:11complex challenge, but the principles behind it can be done
- 26:15by anyone at any point in time. Something that I've kind of
- 26:18spoken about in the course that I'm also launching is around
- 26:21leaning to the assumptions you've got, but they're not the
- 26:24end point. And often you find that as so
- 26:27many decisions are based on assumptions that have just
- 26:31become truth rather than kind of why they came about.
- 26:34So I think it's a really interesting perspective to kind
- 26:36of get people to go deeper. And it's that whole thing of
- 26:38yes, end, yes, end, rather than yes, but which obviously is a
- 26:42big way that kind of constrains people.
- 26:44And, and I would also say just having that mindset of venturing
- 26:47into something really ambitious that no one knows the future.
- 26:50The many of us have grown up in a world where we look to a boss
- 26:54and the boss said this is where we're going.
- 26:55And we thought that was the end, right?
- 26:57But both because of, let's say, the potential of leveraging the
- 27:02complete collective intelligence within or outside of our
- 27:04business and because of the pace of technology, we need to
- 27:08acknowledge no one knows the future, but someone sets the
- 27:11direction. And I think that's also what I
- 27:13learned from these different types of businesses where
- 27:15traditional businesses are very good at saying this is where
- 27:18we're going to be. This is what what it is, which
- 27:21let's say, put a ceiling on the opportunity many of the younger
- 27:25companies have all this exponential thinking, but no
- 27:28direction, right? So how do we combine these two
- 27:31and say, OK, we don't know exactly what it would look like,
- 27:34but we're going this way and we're inviting everyone to
- 27:37contribute towards that journey. And that's where executives also
- 27:41get positive surprises from their teams to say, OK, I
- 27:44thought you could do this, but it turned out you could do more.
- 27:47And I'm willing to turn 2° on my direction, not completely change
- 27:51it, but but based on what you've done, actually we are better off
- 27:54than before. That's a fascinating kind of
- 27:58opportunity for the future for the optimists of the world and
- 28:00be able to really lean into what we possibly can be doing
- 28:05differently. And and then like we said before
- 28:08around how do we ensure that the losers and the people who aren't
- 28:12going to benefit, what do we do with them?
- 28:14And I think that's a question that we always need to come back
- 28:16to to make sure that, you know, there is more evenness around
- 28:20the benefits and the opportunity that we've got for both kind of
- 28:24generations as well as people now.
- 28:26Yeah. I mean, I, yes, I, I
- 28:29acknowledge, I choose to be an optimist and I will continue to
- 28:32do that. I believe the winners are also
- 28:33optimists. That doesn't mean you don't see
- 28:36the risks. It means you are very aware,
- 28:38you're very conscious about is this something we're willing to
- 28:41do or is it something that we are willing to release and
- 28:44enable them to do something different.
- 28:46I think it's a very honest conversation of saying you will
- 28:49not be part of the future here, but actually what could you be
- 28:53doing instead? I think the point of saying we
- 28:56are all ambassadors for each other, whether they're in a
- 28:58business or in a network or whatever it may be, and
- 29:01acknowledging that we passed the baton on to others is very
- 29:04important. I also think that there is a,
- 29:09the reality of, of people will find work if you don't tell them
- 29:13what to do. Alternatively, so if you have
- 29:16people on staff and you, let's say implement a project, but
- 29:21don't fast enough, either give them something different to do
- 29:24or invite them to go somewhere else.
- 29:27Of course they will stay. Of course they'll find something
- 29:29to do. That's how we are.
- 29:31So I, I definitely do not think it's about losers.
- 29:34I think it's about redeployment, and there are many things in
- 29:37this world that could be helped by effective redeployment.
- 29:43I like the language of it and I think it's a really important
- 29:46one for us to to reflect on as we move forward because I think
- 29:50the, you know, the status quo is, doesn't exist anymore.
- 29:53So how do we look forward to the future differently?
- 29:56I'm, I'm really pleased to have had you, Louisa on, on the
- 29:59podcast on cutting through today.
- 30:01I mean, we've talked about the role of technology and I think
- 30:04all the things that you talk about are fundamental to all
- 30:08good communicators. So I'm so pleased that hopefully
- 30:12more communications people in my network will hear you and hear
- 30:15and get to understand the businesses they support and get
- 30:18to understand, you know, how their business makes money.
- 30:21I love the way you talked around being really, really clear on
- 30:25the, the, the, the superpower particular businesses have and
- 30:29not trading those off. And because sometimes we make
- 30:32these decisions with very little information or very narrow
- 30:37information around profit and loss.
- 30:39And actually there's different areas we need to lenses we need
- 30:41to be looking at before we close out.
- 30:44Just give another plug for your book, which is available for
- 30:47presale now, when's it actually going to be on the shelves?
- 30:51And if you can tell us a little bit more about where people can
- 30:52get it from? Of course, 21st of October is
- 30:56the big day, but you can already go and preorder it on pretty
- 30:59much any channel you can think of.
- 31:01Amazon, of course, yeah, and any bookshop, WH anywhere in the
- 31:06world. So I'm very excited about that.
- 31:08It is storytelling from my experience.
- 31:12It is bringing lots of perspective, lived experiences,
- 31:15bringing you into the room and it basically covers 4 different
- 31:18areas. How do you vision ambitiously
- 31:22see those opportunities out there?
- 31:23Once you've seen them, how do you then expand and breathe air
- 31:28into those through partnering, collective intelligence,
- 31:31standing on the shoulders, tech, all these things.
- 31:33And once you've seen that opportunity, you clearly need to
- 31:36steer, prioritise, etcetera. So that's the fourth, third
- 31:39section. And last but not least is then
- 31:42empowering because empowering with presence is what enables
- 31:46you to step into that future and not just see it and get scared
- 31:48by it. So hopefully people will be
- 31:51inspired and motivated and let's say it will give them that power
- 31:56to achieve what they are looking for themselves.
- 31:58And hopefully also a few laughs in there.
- 32:01Brilliant. Sounds like a fascinating book
- 32:03and if this conversation is any indication of the energy and the
- 32:06passion and the drive and optimism that that you will get
- 32:10in that book, I think it's quite clear it'll be a really sought
- 32:12after publication for people. Again, thank you very much for
- 32:16joining us on Cutting through Louisa and I look forward to
- 32:19hearing from you soon. Thank you for listening to
- 32:27Cutting Through with me, Natasha Ploughman and brought to you by
- 32:30Spinning Red. Cutting Through spotlights the
- 32:33people solving business problems.
- 32:35Spinning Red exists to help you from strategy setting to
- 32:39advisory and tactical communications delivery based on
- 32:42what your business needs to say and what your audiences need to
- 32:46hear. We bring commercial acumen,
- 32:49communications practise and business reputation.
- 32:52seemore@spinningred.com and don't forget to like, subscribe
- 32:55and share. Cutting through Season 2 is
- 32:58underway. Get in touch if you would like
- 33:00to take part.