Patti Cotton

Executive Coach & Career Strategist

purpose

Navigating the Maze of Polycrisis in Executive Decision-Making

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Navigating the Maze of Polycrisis in Executive Decision-Making
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In today’s interlinked global environment, senior executives face not just isolated crises but a tangle of them known as polycrisis. This term refers to an entanglement of several crises that are deeply interconnected, affecting multiple spheres simultaneously and often exacerbating one another.

What does this mean for you?

For Jane, it meant not only her role, but her well-being. Jane was a senior executive at a multi-national corporation who faced significant challenges during an unprecedented polycrisis involving economic instability, public health issues, and internal team conflicts.

Initially, the compounded stressors led to decision fatigue, which blurred her focus on critical business drivers. Habitually, she found herself making decisions reactively, without all the necessary facts, just to keep pace with the evolving situations.

As the crises continued, Jane noticed a concerning trend: her ability to concentrate and engage in strategic thinking was diminishing. She described this as a “foggy brain,” a state where even simple decisions became daunting tasks. This cognitive clouding was not just a temporary lapse but a persistent condition that began to affect her leadership efficacy and personal well-being.

This showed in many ways – her decisions were sloppy and had a negative impact on the company, her team was nervous and wondered if she was ill, her credibility was slipping with her colleagues, and her CEO finally told her to go home for a week and figure out what was wrong.

When she called me, she had been home for three days and was ready to quit.

It was clear that she needed cognitive resilience strategies.

Through tailored mindfulness practices, prioritization exercises, and cognitive restructuring sessions, she gradually reclaimed her mental clarity. Over several months, Jane learned to manage her cognitive load more effectively, allowing her to make confident, strategic decisions once again, despite the ongoing uncertainties of the polycrisis environment.

Why didn’t I just direct Jane to rebalance her workload and delegate more?

On the surface, this issue seems to be the sheer volume of crises demanding attention. Executives often describe a sense of being perpetually behind, struggling to keep up with the cascade of decisions that each crisis requires. This often results in a reactive stance, moving from one urgent issue to another, which can feel like an endless game of whack-a-mole.

But it’s more dangerous than that.

Beneath the surface, the true challenge is the neurological toll that sustained stress takes on the brain’s executive functions. Persistent high stress disrupts our neural pathways, leading to a reduced capacity for the kind of complex, strategic thinking that senior executives need. It biases the brain toward immediate, fight-flight-freeze-fawn responses rather than thoughtful, long-term planning.

Over time, this chronic trauma response will affect more than your decision-making and stamina – this dynamic will wreak havoc with your physical and mental health.

This means that long weekends and delegating more simply won’t work.

So, what can you do to retain a strong capacity for complex, strategic thinking?

I worked with Jane to reframe her approach to decision-making. Here are some ways you can do the same:

  • Embrace Systems Thinking
    View the polycrisis through a holistic lens, recognizing the interdependencies and potential cascading effects of decisions.
  • Cultivate Cognitive Resilience
    Counteract stress and maintain cognitive function by incorporating resilience-building practices into your routine.
  • Promote Psychological Safety
    Encourage an organizational culture where team members feel safe to express concerns and ideas, fostering a collaborative approach to problem-solving.
  • Prioritize and Pivot
    Learn to dynamically evaluate and adjust priorities as situations evolve.

I also gave Jane some practical tools to strengthen her cognitive capacity.

Again, here are some tips and tools for you to consider:

  • Mind Mapping and Visualization Tools
    Employ digital mind-mapping software to chart out the complexities and connections between various crises. Tools like MindMeister or Coggle can help in visualizing these relationships.
  • Scenario Analysis
    Conduct robust scenario analysis using strategic planning tools. Software like Scapple or simple SWOT analysis templates can assist in preparing for various future states.
  • Mindfulness Apps
    Leverage mindfulness and meditation apps designed for busy professionals, such as Headspace or Calm, to build mental resilience and enhance focus.
  • Team Collaboration Platforms
    Utilize team collaboration platforms like Asana or Trello to delegate effectively, ensuring tasks are managed without micromanagement.
  • Regular Team Huddles
    Establish a rhythm of short, focused team meetings to stay aligned. Use these check-ins not only to track progress but to collectively recalibrate as new information emerges.
  • Continuous Learning
    Invest in executive education programs focused on leading in complexity and ensure access to similar learning resources for your team to build a knowledgeable, agile organization.

Jane and I worked together for a year and, during that time, her decision-making regained its sharpness. She recouped a tremendous amount of mental and physical energy, reignited her passion for her work, and was able to coach and train her team to do the same. Over time, she regained credibility and influence, and eventually succeeded the CEO.

By redefining the approach to decision-making within a polycrisis context, executives can regain control of their cognitive capacities, lead with clarity, and guide their organizations through the stormy seas of concurrent crises. These strategies and tools are not just lifelines but also instruments for crafting a more resilient and responsive leadership framework.

© Patti Cotton and patticotton.com. All rights reserved. Unauthorized use and/or duplication of this material without express written permission from the author is strictly prohibited. Excerpts and links may be used, provided that attribution is made to Patti Cotton and patticotton.com, with links thereto.

How Do You Sustain Necessary Change?

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How Do You Sustain Necessary Change?
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You’ve made the changes. You have your business imperative in hand to keep you focused. You’ve aligned and coordinated your executive team around this business imperative. You’ve had some tough conversations to clear the air (and the plates), and you’ve identified the leadership behaviors necessary to support your team in making this happen.

But your team is scared. Or worse, they are at a point where they don’t trust this will work.

Michael, a well-respected CEO, had just led his executive team through these same steps. He was sick and tired of being in the weeds, feeling as though the company wasn’t meeting its business potential.

But his team was scared.

Sandra, his VP of marketing, spoke up. “We’ve gone through the exercise one too many times, and the changes sound great. We start out strong, then fizzle out. The changes we try to make don’t stick. I can’t even muster up the courage to try, this time.”

“Frankly, I’m skeptical, too” said Max, the COO. “We’ve tried and died quite a bit.”

“Patti,” Michael turned to me, “I may as well pack it up. If the team won’t commit, we aren’t going to make any progress.”

“Team,” I said, “Hold tight. There’s a last critical step in the process that ensures that you stay on the path. Most companies miss this step – and it makes all the difference.”

“I’m all ears,” said Candace, the CFO. “Because if this doesn’t work, I’m not sure I can retrieve any muster to move forward. At all.”

The room was quiet for a moment.

“I understand,” I said. “Change is hard. And unless we approach it in a way that supports its success, the discouragement is overwhelming. But hang on, please. Your track record is about to change.”

What did we do?

We created a system of accountability to hold the changes firmly in place. Because a change, no matter how big or small, requires a supportive system to allow it to become the norm.

And here’s how we did it for Michael’s team.

“Team,” I said, “You have taken the first 4 of 5 steps to make this work. Michael has created the company’s business imperative to set the direction (see Article 1 in this series). He has worked with you all to create and align your own business imperatives to support the larger one (see Article 2 in this series). You’ve surfaced some critical conversations that needed to be addressed in order to move forward (see Article 3 in this series). And you have identified how you need to work as a team in order to reach these goals (see Article 4 in this series). Now, it’s time for step 5: putting a system in place to keep you all on the path as you move into greater excellence.”

“I’m all ears, Patti,” said Candace. The others nodded.

“We are going to ask ourselves five questions as we review your goals and the changes you have identified that you need to make,” I said. “This will help us to create a system to hold the process – and ourselves – accountable. It will help us stay on track.”

Question 1: What are we measuring?

We worked to identify what we needed to measure in order to know that we were on the right path and moving at the right pace. What would we look for that measured success? We broke it down by quarter, and then by month, so we could course-correct in a timely manner if something was not working.

Question 2: Who needs to know?

We then identified key stakeholders for each initiative. Even though the team knew who was in charge of what, they did not always communicate to others who might be affected by the work. The team also identified how and when the stakeholders would communicate with each other and built this into their regular meeting agendas. Michael would review each team member’s progress for their area during their 1:1 meetings.

Question 3: How do we check on progress?

Michael took charge of this and built into the executive team’s monthly agenda discussion time to review the team’s alignment and coordination as they worked on goals. What was working? What needed refining or redirecting? The team looked at other feedback loop opportunities to make sure they could tap into needed information at any time.

Question 4: How do we support upgraded leadership behaviors?

The team recognized that working together at a higher level required higher skill-building. They asked me to work with them individually to break through any roadblocks holding them back, and to help them step into more effective leadership behaviors.

Question 5: What are the conversations we need to have now?

We agreed that I would also meet once quarterly with the team to work with them on any trust issues, as well as critical conversations and needed relational skill-building. Without this fifth step, a team does well at best, but never reaches its peak performance.

I’m happy to report that Michael and his team made incredible progress company- and team-wise in that first 12 months. And so, we decided to repeat this for Year 2, knowing that things would only continue to reach new and exciting heights. It is Year 3 for them, and they have established themselves as a leader in their industry.

Where in the process I have described above do you and your team excel? Where do you need to put a system in place, or to strengthen this so that it works well for you?

© Patti Cotton and patticotton.com. All rights reserved. Unauthorized use and/or duplication of this material without express written permission from the author is strictly prohibited. Excerpts and links may be used, provided that attribution is made to Patti Cotton and patticotton.com, with links thereto.

Is Your Company Culture Too Nice?

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Is Your Company Culture Too Nice?
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Is your company culture “too nice”?

As a leader, you may think you are doing your business a favor by encouraging politeness. But sometimes, emphasizing this too much may send the wrong message entirely.

How can you tell if you need to toughen up your culture?

Larry was quick to share with me that the culture at his company was warm and friendly, with a “family feel” to it.

“People are very courteous around here,” he said. “But we are in trouble. That’s why I’m calling you for help.”

“What kind of trouble are you experiencing?” I asked.

“I’m discovering that what our people say in meetings is not what they are saying in the hallways. We have quite a few employees that are under-performing, and their supervisors are not willing to hold them accountable. Our deadlines are not being met and we’re not even working on priorities. What’s going on?”

After sitting with Larry and some of his key executives, I discovered what kept his company from being a healthy, high-performing business. And as I shared, Larry’s face showed its dismay.

“You mean the very thing that I emphasized has created the problem?” he asked.

“Not exactly, Larry,” I answered. “Being kind and polite is important. But you need to make sure they don’t take this to mean an unwillingness to set expectations, be transparent, and hold people accountable.”

“I thought I was motivating the staff,” he answered. “After all, you ‘catch more flies with honey than vinegar,’ as they say.”

“Unfortunately, leaders over-emphasize politeness for a variety of reasons, Larry,” I said. “Some may not like conflict. Some might think, as you, that it will motivate people. Others may feel this will foster inclusion. But look where we have wound up, here.

“In fact, I’m willing to wager that you have people agreeing with each other on decisions when you should have healthy debate with different perspectives. This means you are killing possibilities of innovating. You probably have some people who were hired at a high-performing level who have now slowed down their pace to ‘meet the herd.’ And you probably have hidden conflict because people aren’t willing to address critical issues that keep the company from moving forward.”

“You are right,” Larry answered. “I can see that, now. So, what do I do?”

Here are some key steps I outlined which reflect the work we did together over the next few months to turn around Larry’s poor culture.

1. Set new expectations.

When it’s time to shift gears to foster a healthier culture, know what you want – and set these expectations very explicitly. This means defining what your cultural norms are and how they appear in action.For example, if one of your cultural norms is “respect,” what does respect look like when people work with each other? Instead of avoiding tough issues, it can mean confronting these issues by providing timely, critical feedback that supports growth.

2. Foster psychological safety at every level.

There is no high-performing team without psychological safety. Your team members must have each other’s back, support differing perspectives, ensure that everyone has a voice, and more. These are part of team norms – and if you haven’t done this work yet, it’s time now. You will see a huge difference in the way that your team is motivated, how they produce, and how they work together.

3. Hold people accountable for the right things.

Most businesses hold their people accountable for deadlines and for goals reached. But they seldom build in the system and processes they need to support human behavior. What this means is that if you want your people to be respectfully candid and talk about real issues, you need to encourage and reward this.

How does your company’s culture measure up?

  • Are you happy with how motivated and engaged your staff are?
  • How well do they brainstorm to innovate?
  • Do you reward supportive critical feedback that fosters greater development?

Focusing on your company culture means exponentially increasing your business revenues. If you find, like Larry, that your company isn’t where you want it to be, commit to making this a priority.

© Patti Cotton and patticotton.com. All rights reserved. Unauthorized use and/or duplication of this material without express written permission from the author is strictly prohibited. Excerpts and links may be used, provided that attribution is made to Patti Cotton and patticotton.com, with links thereto.

Executive Coaching: Understanding the Numbers

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Executive Coaching: Understanding the Numbers
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Returning to work means reexamining how you operate to get things done. It’s an opportunity to see whether you and your staff can be even more effective in light of the complexities that have developed in the world which affect the business landscape. It’s time to fine-tune your leadership and take it to the next level.

But as business owners seek to develop their leadership and that of others in the company, they often focus on presenting workshops, classroom training, and mentoring programs. These have proven to be the least effective in developing leadership. Executive coaching, which is called upon less frequently, has proven to work best for leadership development, and the numbers reflect this.

“But my training budget is modest,” said one leader. “I can’t give every executive her own private coach.”

I agree that executive coaching may appear to be more costly. But the return is also much higher. Studies by PriceWaterhouseCoopers and the American Management Association show the following: When businesses invest in executive coaching to develop greater leadership, they recognize a mean ROI (return on investment) of 7 times that of their initial investment, with a solid 25% of those same companies reporting a return of 10-49 times the investment.

How might your business benefit from such returns?

Typical ROI results reported from executive coaching include (but are not limited to) increased revenue and profitability, reaching or exceeding organizational goals, higher performance and productivity, greater creativity and innovation, and enhanced skills in communications and conflict management.

At the same time, leaders have all heard disappointing stories of coaching experiences that cause hesitation.

“How do I know it will work?” asked one executive. “My colleague really enjoyed his coaching experience, but he said it never really helped him reach any tangible goals.”

Sadly, his story is not unique.

How can you ensure, then, that your investment will pay off sizable dividends? Careful planning to identify a leader’s development goals and objectives is not enough. The coaching engagement should be overseen by a formally trained coach using proven methodologies, and the plan should have distinct measurables (more numbers!) that serve as success markers to gauge how well the process is working.

You may also consider team coaching, which can make the most of your budget, and still have great returns. New evidence supporting the effectiveness of this approach is exciting, and can yield such outcomes as greater trust, performance, alignment, and coordination (and these are just a few dividends).

A lot of leaders, in their eagerness to get “back to normal,” have given little thought to leadership development. The return to work has been first and foremost on most minds. However, with the complexities that COVID has brought to us, leaders and other decision-makers will need to sharpen their skills in decision-making and execution.

Indeed, the COI (cost of inaction) when it comes to leadership development is staggering and has increased exponentially with the new business landscape. For example, 67% of all productivity loss can be attributed to poor communication and conflict. Less-than-optimal leadership practices can cost a business an amount equal to as much as 7% of its total annual sales. There’s much more, but I think you are getting the picture.

Why don’t more companies take advantage of this tool?

Leaders fall into what we call “normalcy bias,” where they feel they are doing well, even when they are not. They may feel that coaching is only for corrective situations, or their executives seem too busy for coaching. And many feel their teams are meeting every goal they set. If the latter is your case, I’d challenge you to think about whether things are just too easy, and what could be accomplished by stretching those goals.

As the great “return to work” continues, and you think about whether your company is ready for more change, ask yourself if you are really fully equipped to lead it. Make sure that your investment, however you allocate it, provides you with a great return.

The Clockwork of Excellent Leadership:   3 Essential Gears

What makes up excellent leadership? The essential components that go into leadership must all work together, or they begin to wear on one another and bring things to a stop. Learn how to keep them running like clockwork. Sign up to receive the  complimentary infographic.

© Patti Cotton and patticotton.com. All rights reserved. Unauthorized use and/or duplication of this material without express written permission from the author is strictly prohibited. Excerpts and links may be used, provided that attribution is made to Patti Cotton and patticotton.com, with links thereto.

Leading In 2021: Check Your Decision-Making Process

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Leading In 2021: Check Your Decision-Making Process
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If you are feeling the effects of chronic pandemic fatigue, you are not alone. Yet, as leader, you can’t afford it. Your role calls for you to be fresh and alert, with answers that respond to the immediate and support the future.

Samantha recognized her team’s ability to make decisions together had eroded over time.

“We need a total reboot when it comes to our decision-making process,” she said. “How do I go about that?”

“Decision-making is critical, and especially now that uncharted territory becomes the norm,” I said. You are in the same boat as a lot of other excellent leaders. Let’s start with a basic framework for making sound decisions. And I’ll give you some additional things to think about at each step.”

Keys to Sound Decision-Making

  1. Identify the issue.

This sounds simple, yet many mistakenly pinpoint the problem they see as the issue that needs fixing.

What’s the difference?

You may receive reports that your call center or area that supports customer inquiries cannot handle the incoming calls. But is it the employees’ abilities, the process they use, or the system that supports their area?

In my work with leaders, I often hear, “They just need to learn how to work faster.”

This may be true in some cases. However, I find that most employees want to do well, and it can be, instead, that the process they are asked to use or the system that supports the department is at fault. Be sure to analyze the problem that is in front of you to see if there is a root cause or issue that needs to be remedied. Otherwise, you will spend time and energy on something that will continue to erupt.

  1. Identify and include key stakeholders in your discussions.

Who needs to be involved?

Classically, the executive team or leader and group for the immediate area will assemble to discuss and decide on solutions. However, a great deal of valuable input is missed if we don’t ask the question, “Who will be affected by the decision in front of you?” and then involve representatives from that area to take place in the discussions. Once you include voices from those who will be impacted, you can gather a lot of key information that will help you avoid and redirect potential problems coming from the solution!

  1. Make a real decision.

Once you have identified the issue and assembled key stakeholders around the table, make sure you don’t wind up suffering from normalcy bias or, “the ostrich effect.” Normalcy bias says we will avoid the problem by ignoring it. If you have left a meeting without having made a decision toward a next step, your team is reflecting normalcy bias. This often occurs because people do not want to have the tough conversations needing to occur. If you feel your team is waffling on a decision, ask yourself what conversation needs to take place in order to move forward.

  1. Play out the scenarios to assess potential impact.

Take the short list of solutions and outline how each of them would play out. Whom and what would they affect? How? Can you measure or quantify this? What would wins entail? Losses? Be sure you tease out the impact of each so that you are ready to take responsibility for the outcomes.

  1. Watch for hidden agendas and subtle non-commitment.

Keep watch for those team members that do not speak up or that make comments that reflect a lack of commitment. Call on them to weigh in to make sure you have ferreted out any potential dissension. And, conversely, watch for those who are quick to agree without asking questions. This may indicate either a lack of interest, understanding, or an avoidance to confrontation in case they disagree.

Finally, I shared with Samantha that a shared agreement around how the those involved will remain aligned and coordinated throughout the process is imperative. Who will be the gatekeeper for this process?

The way you and your team make decisions can make or break the future success of your company. I encourage you to have a conversation around the way you make decisions and to test the steps outlined above.

The Clockwork of Excellent Leadership:   3 Essential Gears

What makes up excellent leadership? The essential components that go into leadership must all work together, or they begin to wear on one another and bring things to a stop. Learn how to keep them running like clockwork. Sign up to receive the  complimentary infographic.

© Patti Cotton and patticotton.com. All rights reserved. Unauthorized use and/or duplication of this material without express written permission from the author is strictly prohibited. Excerpts and links may be used, provided that attribution is made to Patti Cotton and patticotton.com, with links thereto.