We have has produced some brilliant personalities but poor systems.
One of the greatest risk that I see in many companies is that many of them rely on the brilliance of one person instead of a well established system that is essential for the survival of a company in the long term. We have companies with few geniuses and a thousand helpers. In such a case, the towering genius, the chief driving force is the company's greatest asset - as long as the genius sticks around. However, when the genius leaves, the helpers are often lost and the demise of the company is imminent within a few years after the genius has left.
Unfortunately, we see this everywhere be it in our corporate ventures, social sector and even in our politics.
One example comes to mind when we look at the recent downfall of "Edhi Foundation" where we see a 40 % decline in donations in only 2 years since the demise of the Great Abdul Sattar Edhi whom The Huffington Post claimed that he might be "the world's greatest living humanitarian". It would be a shame to see his hard work of over 5 decades turn to dust within a decade of him leaving his foundation. Most of the benefactors of Edhi Foundation have moved elsewhere which means they believed in the genius not his foundation. As soon as Abdul Sattar Edhi left, his far flung foundation started to crumble.
We need our geniuses to devise their own succession plans where they identify and train their successors. Unfortunately, in our organizational culture, this might provoke fear and resistance which makes it much more difficult to keep the company alive.
Let me know your thoughts! Peace.
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