How blockchain can clean up the voluntary carbon market
In the second in a series of articles looking at the carbon market, the authors explore how the use of blockchain technology could not only keep the voluntary carbon market honest and...
September 8, 2023 ⢠by Susan Goldsworthy in Leading in Turbulent Times
Insights into the urgent need for a mind shift in leadership, as well as dispelling myths, addressing psychological barriers and fostering a growth-mindset for a brighter future....
In recent years, our world has experienced a global pandemic, rising geopolitical tensions, energy crises, rampant inflation, the rapid advancement of artificial intelligence, and extreme weather events. These challenges, coupled with an increase in anxiety and a decrease in mental health, have made it impossible to ignore the pressing need for change in both the way we lead and the way we live. To do this, we must work on our individual and collective awareness, accountability, and action.
In a recent LiTT webinar, I shared the importance of acknowledging these issues and outlined some steps we can take to co-create the conditions where individuals and organizations can thrive.
Unfortunately, united global action has been slow. For example, thereâs been an alarming lack of progress in achieving the 17 United Nationsâ Sustainable Development Goals (SDGs). As well as the ongoing effects of climate change, the rapid growth of generative AI, such as ChatGPT, generates substantial emissions and threatens to exacerbate societal divides. So itâs hardly surprising people are struggling with all thatâs happening today as they experience the loss of the assumptive world.
Several psychological barriers hinder positive action, though, including confirmation bias (seeking information that aligns with our existing beliefs), cognitive dissonance (the idea that itâs easier to change reality than to change beliefs), denial (when itâs easier to reject uncomfortable truths), motivated reasoning (the tendency to find arguments that support our existing attitudes) and the bystander effect (when the likelihood of helping decreases as passive bystanders are present in an emergency).
It is, therefore, important to move from a mindset â something fixed, judgmental, and focused on polarities â to a mind shift, where we are constantly learning, evolving, and curious. A fixed mindset is both natural and conditioned. A growth mind shift takes practice â it is an everyday choice in asking ourselves: Am I coming from a place of fear or am I coming from a place of love?
As part of that shift, we need to challenge several leadership myths, such as the notion that itâs lonely at the top that emotions have no place in business, or that people canât be trusted to work remotely. Thereâs been a significant shift towards more humane leadership, where personal and professional lives can coexist, and leaders no longer feel the pressure to have all the answers â the âhero mythâ.
In recent years, Iâve also seen a massive acceleration in the understanding of the inextricable interconnection between business, society, and the living system that is planet Earth. This challenges the traditional perspective that business operates in a vacuum and has a sole responsibility to maximize profits for shareholders.
Such shifts in leadership mindsets are critical because many executives report that they are operating primarily from a place of either âsurvivalâ or âburnoutâ. Awareness is critical; we have to be very conscious of how we are leading people in todayâs world â and then hold ourselves accountable to act in co-creating the conditions that support good health and well-being.
In that vein, humans have two fundamental psychological needs: acceptance and achievement. When both are met, we feel grounded and able to fulfill our potential. On the other hand, our corresponding fears of rejection and failure often hinder change and personal growth. To overcome that, it is important to create psychological safety through âsecure base-leadershipâ, where individuals, teams, and organizations âplay to thriveâ (involving both connection and challenge, releasing productive energy in a courageous way so innovation, creativity, and curiosity abound).
Leaders can contribute to creating a secure base space with a growth mind shift by practicing five simple steps daily.
In a world facing multiple crises and uncertainties, it is imperative to focus on how individuals and organizations can not only survive but thrive. By acknowledging that we are part of a living Earth, rather than apart from it, and by practicing a growth mind shift, as well as creating a secure base space and a psychologically safe environment, together we can find ways to co-create a more sustainable future for all.

Affiliate Professor of Leadership, Communications and Organizational Change at IMD
Susan Goldsworthy OLY is an Affiliate Professor of Leadership, Communications and Organizational Change at IMD. Co-author of three award-winning books, she is also an Olympic swimmer. She is a highly qualified executive coach and is trained in numerous psychometric assessments. She is Director of the IMD Executive Coaching Certificate and Program Director of the Leading Sustainable Change program.
September 6, 2023 ⢠by Karl Schmedders, Jerome Cochet, Ricarda RÜller, Angelika Schmid, Philipp Mßller in Sustainability ⢠6 min read
In the second in a series of articles looking at the carbon market, the authors explore how the use of blockchain technology could not only keep the voluntary carbon market honest and...
August 22, 2023 ⢠by Jim Pulcrano in Sustainability ⢠3 min read
With investors increasingly focusing on ESG topics, you might think that being a Tech for Good company would help attract funding. This is not always the case, says Marc Gitzinger, CEO of...
August 22, 2023 ⢠by Jim Pulcrano in Sustainability ⢠4 min read
Frustrated by the limitations of using technology to do good in the non-profit sector, Lotta Relander decided to found Grownate, a digital platform that helps corporates and brands connect with their customers...
August 21, 2023 ⢠by Karl Schmedders in Sustainability ⢠7 min read
As the world enters a new era of âglobal boilingâ, how can businesses mitigate the economic and operational challenges posed by increasingly severe and frequent extreme weather events?...
August 16, 2023 in Sustainability ⢠7 min read
Growing up in the sunny south of France, I had the chance to be in nature pretty much every day. Access to nature was normal to me. The experiences of one of...
August 4, 2023 ⢠by Florian Hoos in Sustainability ⢠6 min read
The world needs to watch the EUâs directive on sustainability reporting â even if you think it wonât apply to you. Here are five tips for handling it strategically....
July 13, 2023 ⢠by FrÊdÊric Dalsace in Sustainability ⢠6 min read
Marketing often gets a bad rap due to its association with the excesses of capitalism, but it can play an important role in driving more sustainable business practices and consumption patterns, says...
July 4, 2023 ⢠by Vanina Farber in Sustainability ⢠8 min read
Are you neglecting the âSâ in your ESG strategy? Progress on social issues has lagged behind the more clearly defined environmental and governance concerns. However, a combination of changing consumer preferences, employee...
Explore first person business intelligence from top minds curated for a global executive audience