Unless you’ve been on holiday to Mars you won’t have missed that we in the UK had a catastrophic ‘mini budget’ that effectively crashed the markets and the Bank of England had to step in to save our pension funds.
The people that you rely on to deliver your services are under an enormous amount of stress and pressure as they are squeezed financially from multiple places. With a fuel price and cost of living crisis exacerbated by inflation at over 10%, ordinary people are feeling the pain.
The organisation that you lead is nested within a society and that society is currently under strain. That puts the issue into your in-tray.
Systemic issues show up as issues. You may already be experiencing it as a pay-demand issue.
It seems to me that executive leaders will be tested this season in a subtle but very profound way.
If, as an executive leader, you are attuned to the challenges your people face, you have the chance exercise consequential leadership.
But if you respond with a lack of attunement, I’d ask, what is your leadership actually for?
I mention the 'Still Face' experiment in this episode. You can see a version of it on YouTube here: https://www.youtube.com/watch?v=YTTSXc6sARg