Our next leaders: children of chaos... ay back in the ’80s, during the last days ofthe industrial revolution, many still remembered a phrase from earlier years. It was really common in the 1960s and 1970s. all the knowledge and all the money. Times have changed and the game has changed. Asia is moving faster. As Germany merges and older, out-dated East German industries collapse and die as if dynamited from within, totally new, highly sophisticated industries will spring up utilizing the well-educated East German work force. These organiza- When things got too tions will, within the decade, hectic then (today’s be more modern than those Piri equivalent would be @eranquility of un- known proportions), people would say “Stop the world, I want to get off.” Today, as we whirl along at high speed with a rate of change that is exponential- ly accelerating, some simp- ly can’t stand life in the Dr-lemorrew By FRANK OGDEN that are spawning them today from West Germany. Meanwhile in North America, because of the wealth created during the Industrial Age, bureaucratic and union restrictions hold a large portion of their countries and industries hostage, insisting on main- taining old work rules from another era thus preventing crystal lane (two over from the “fast” lane). Others buf- feted in the new maelstrom find it exciting, challenging and rewarding. They are tomorrow’s leaders — the children of chaos. What people today find chaotic will tomor- Tow seem peaceful. Remember how in the 1960s Beatle music seemed raucous while today much of it seems subdued? Generally, only those raised in an accelerating environ- ment learn how to run at the new speeds; and learn how to handle the rapidly emerging technologies of the times. Very few from the recent past are managing to keep up, never mind move ahead. Those that do become the mentors of the future. Industry is currently crying for executives who can thrive on change. They are the very few. Most executives were raised in the days of the specialist, in the age of credentialism, when a piece of paper said you could do this or that. Now, with knowledge doubling every 18 months, no school can keep up with such change. No one can issue credentials for that which has not yet been invented. Orville Wright didn’t know he was an aeronautical engineer until the day after he made that historic flight at Kitty Hawk in 1903. New fields are opening up almost daily. Europe and North America no longer have VICTORIA’S ORIGINAL FURNITURE RETAILER COMFORT! VALUE - — 2 th VN c wo ’ shown OPEN An Account Today! Stylecraft Position \ Not exactly as industry from keeping up to the required rate of change. Death, that lingers has the same result, the pain is dragged out over a longer period of time. The CEOs of such companies managed instead of leading. Managed themselves to death. True leaders disrupt and make others very uncomfortable. They are always seeing in change, opportunity. The more conservative the company or organization, the more resis- tance there is to such change. Then, because those companies or organizations didn’t keep up, they fail. we Bureaucracy today is dead. Admittedly, some governments and industries haven’t yet realized they have the industrial equivalent of AIDS, but it is sinking in more and more each day. Industrial systems aren’t working anymore. Smaller, younger, faster- moving companies are stealing their markets. Why are 46 per cent of all com- panies on Fortune’s 500 list in 1979 not there anymore? Ninety per cent of all the goods and services that will be available at the end of this cen- tury haven't yet been developed. Only young companies can move in the crystal lane. Most older companies will vanish. This Week September 12, 1990. Page M9 GRAND OPENING —S CAR IMPROVEMENT SPECIALISTS 27 YEARS IN CANADA 2804 Rock Bay Ave. Victoria 384-0064 Beautiful Shine, and thorough detailing... That's the PLUS! INCLUDES: 1. 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