BGA’s Business Impact magazine: Feb-April 2022, Volume 11

BGA | BUSINESS IMPACT

‘A decision you have to live with, to argue for, and to justify, in terms of your moral framework – that is a leadership decision’

had strong beliefs that things should be better. This confirms our opening observation that almost everyone, Maverick and non-Maverick alike, believes that things could be better in their organisation or community. On the next characteristic, resourcefulness, a gap emerged. The Mavericks saw themselves as more resourceful, 10% more resourceful than our control group. With respect to nonconformity, an even bigger gap emerged. The Mavericks saw themselves as 20% more nonconformist. A still bigger gap emerged on the next characteristic, with Mavericks demonstrating themselves to be 25% more experimental. The biggest gap came in relation to the final characteristic of being undeterred – the Mavericks rated themselves as being 27% more undeterred than those in the control group. What differentiates the Maverick from the non-Maverick is the extent to which they are resourceful, nonconformist, experimental and undeterred. This is what makes the difference between those of us that simply complain and those of us that endeavour actively to make things better. So, what should Business Schools do to help more of their students become Maverick leaders? Our advice is that they should focus as much on the following as they do on strategy and finance. Life philosophy In our Schools, we should help executives to strengthen and articulate their life philosophy, their higher purpose of being. It was clear that each of the leaders we identified as being a Maverick had a philosophy of life that drove them, shaped their high-level goals and informed their day-to-day activity. Here are some examples: • ‘ I just want to help people feel better, and wanting people to know that they are cared for and loved… I always had a sense of fighting for the underdog and the importance of justice .’ Annmarie Lewis. • ‘ I have a real burning passion to stimulate brilliance in people, it's as simple as that .’ Akin Thomas. • ‘ Giving back to my country [Mexico] my people, and all the wonderful things that I have received. It is my responsibility, my duty, to make a positive impact .’ Oscar Corona Lopez. Diverse networks Maverick leaders do not work alone. Neither can they afford to be surrounded by people like them. Maverick leaders build open and diverse networks and engage with others with curiosity. We need to help executives develop the skills of curiosity and empathy. As one of our Mavericks, Annmarie, explained, it is about cultivating fertile ground by making connections with

different stakeholder groups, in government, in business, in academia, in communities. Annmarie is going where she can get traction, where her nonconformity and her radical perspective can be taken up, developed and pushed forward with others. Growth mindset and self-efficacy These leaders embody the growth mindset, a term introduced by US psychologist, Carol Dweck, and reject the fixed mindset. They are adaptive but never defeatist. They judge by outcomes rather than just intent. Their optimism is often irrational. What they fear is not failure but fatalism. A growth mindset is not a genetically fixed characteristic, nor is it determined one way or another by early nurture. It can be, and needs to be, developed and strengthened in all of us, at every stage of our career. A growth mindset fuels self-efficacy. Unlike self-esteem, which is a judgement of one’s own self-worth, self-efficacy is an existential commitment to one’s own capacity to build a worthwhile life. It is a promise to oneself, not an assessment of oneself. Over the course of a well-lived life, it tends to strengthen as the sense of personal accountability also strengthens. In summary, Business Schools can do so much more to develop leaders that embody the change needed in the business world by: helping leaders to understand, explain and manage paradox; develop and articulate their life philosophy; develop their curiosity and the diversity of their networks; adopt a more experimental mindset; adopt a growth mindset; and facilitate transformational conversations.

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David Lewis (above, left) is a Guest Lecturer at London Business School and Hult International Business School. He is a global business consultant and was included in the 2019 Thinkers50 radar of top management thinkers. Jules Goddard (above, right) is a Fellow of London Business School. He has written extensively on strategy and leadership and his corporate clients include Orange, Tata, Danone, Toshiba, and Rolls-Royce. David Lewis and Jules Goddard are the co-authors of Mavericks: How Bold Leadership Changes the World (Kogan Page, 2022).

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