Ivo Velitchkov – Essential Balances in Organisations
Three balances are essential for any organisation. The first is between autonomy and cohesion. The second is maintaining both diversity and stability. The third is the balance between exploration and exploitation.
They work at different scales, from individual, team and department to organisation and society. All three balances are important at each scale. They work the same way in projects and in operations. Any organisation, hierarchical or flat, digital or not yet, is maintaining these balances when it is performing and adapting well. Failing to keep even one of them for a longer period can be fatal.
Organisations need the capability to maintain these balances. But for that, neither the conventional nor the new tools (AI etc.) would be of much use. Methodologies and best practices won’t help either. Instead, leaders at all levels need to cultivate different thinking habits.
This session will walk you through the three essential balances. The in-depth elaboration together with additional perspectives is in the book http://essentialbalances.com .