Another type of mistaken thinking or “mis-blink” that people can easily fall into during times of change is called dependency.
Dependency is a constraint we can sometimes place upon ourselves when we know what we want to do but refuse to do it unless another person behaves in a particular way. We make our own behaviour conditional or ‘dependent’ on the behaviour of another.
In many cases this is a healthy part of normal business: “I will deliver this service if you pay me £X,000” or “I will pay you £X,000 if you deliver this service.” But in other situations, dependency can prevent us from achieving goals that are important to us.
For example, in June 2014 Tesla Motors decided to give up the royalties and licensing fees that would have been paid under normal business practices for patents on its batteries, because it realised these were holding the company back from achieving its strategic goals.
As founder Elon Musk explained:
“Tesla Motors was created to accelerate the advent of sustainable transport. If we clear a path to the creation of compelling electric vehicles, but then lay intellectual property landmines behind us to inhibit others, we are acting in a manner contrary to that goal.”
When Airbnb and Uber let go of their requirement or ‘dependency’ to own taxis or hotels, or to have employees, their industries were equally transformed.
In times of churning the old rules break down. Letting go of dependency is a key step that can allow new business models to emerge and free you to reach your goals.
Chapter 2 of Inner Leadership contains a tool for spotting these dependencies and the other seven mis-blinks.
Like Elon Musk and Tesla, letting go of your dependencies will free you to behave as the leader you truly are and can be.
Adapted from Inner Leadership.