Get more Mail & Guardian
Subscribe or Login

Optimistic leaders are what the world needs



Purposeful optimism is not easy, especially in a time of pervasive negativity. But there are innumerable positive developments to celebrate. Tech and human-centric advancements mean there’s never been a better time to invest in opportunity — especially opportunities to make a real positive impact on the world.

From a business perspective, purposeful optimism can evoke positive ripples in broader communities. It’s a way for leaders to maximise “leadership moments”. And it can have sustained bottom-line benefits.

Nersan Naidoo, chief executive of Sanlam Investments, believes purposeful optimism is a practical philosophy and process that opens minds and helps create healthy dialogue around innovation, possibilities and opportunity.

Importantly, this catalyses resilience, alongside other sustainable benefits:

• A 2019 article in Harvard Business Review shows a link between optimism and financial health. Author Michelle Gielan conducted studies showing that optimism was found to “propel positive action” by promoting a solution-focused mindset.
• Gielan also did a study with Frost that showed optimists experience better financial health than pessimists.
• Several studies — including one by the University of Oklahoma — equate entrepreneurial optimism with successful business start-ups and growth. Importantly, this optimism is shown to be contagious.
Nature journal published a study that shows optimists tend to think more creatively as they’re not limited by negative constraints.
• Another study in a Sage journal shows that optimists tend to persevere despite setbacks. This makes them less cautious of failure, which allows for iterative innovation.

Naidoo elaborates: “Optimism becomes a self-fulfilling prophecy because if you look hard enough, use enough innovation, and refuse to give up, you’ll ultimately yield the fruit of that positive thinking: in our case, new sources of alpha for our clients and the industry itself. We believe that amid all the uncertainty in the markets lie some of the greatest opportunities. It’s only through purposeful optimism that you can unlock these opportunities. Ultimately, this equates to prosperity for all.”

Optimism with purpose

Optimism becomes extra powerful when paired with high conscientiousness and a social conscience. Business leaders and investors have the chance to shape the narrative. They can be purposeful about being optimistic, and, in turn, use this optimism to act with purpose, for the greater good.

Sydney Mbhele, chief executive of Sanlam Brand, says there’s a rallying cry for businesses to be bastions of social good and enforcers of positive change. “We need to do what we can to re-anchor ourselves; to appreciate what we have while coming up with real solves to the challenges South Africans face. In 1994, we negotiated a new South Africa. Since then, there are many times we’ve come together to move this country to the next level of growth.” We need the collective will to do so again. And much of that stems from an optimistic outlook.

Mbhele adds: “As leaders, we need to use our positions of influence for good. Every interaction is a leadership moment; an opportunity to inspire others and oneself to do something that makes a difference. We all need to contribute. We need to do something, and do it well.” He walks the talk. He’s the founder of the Mentor a Boy Child NGO, which upskills carefully vetted volunteers to help young men reach their full potential through mentorship, skills development and role modelling.

As found in the HBR study, optimism instils a solution-focused mindset and propels positive action. For Mbhele, this takes the form of mentorship. For others, it could be using alternative investing to invest in the real economy. For example, investing in Climate Fund Managers’ Climate Investor One debut investment vehicle means you help serve electricity to 13-million people, avoid creating two million tonnes of carbon dioxide and create 10 000 jobs, while making good financial returns. The rise of this kind of impact investing reflects a global optimism.

How can leaders cultivate purposeful optimism?

Behavioural economist Erik Vermeulen says an “optimism bias” empowers leaders to be biased towards expecting an optimistic future. Of course, to be so, a leader needs to feel optimistic.

Vermeulen suggests that there are techniques to mindfully cultivate this state of mind. He believes the mind moves the body to follow the direction of dominant thoughts — so, if these are optimistic and resourceful, your leadership style will follow suit.

The power in this can be immense. Vermeulen cites the examples of Churchill and Mandela — both pivotal figures when their countries were on a knife’s edge. Purposeful optimism can have a strong impact on the collective mood in an organisation or country.

Naidoo says we need to work on creating a culture of optimism. “Within Sanlam Investments, we actively cultivate a dynamic culture of seeking out new opportunity, even in the face of adverse market conditions, fuelled by a focused ‘can-do’ optimism that makes us open to exploring the possibilities. Now is the time to jump on these. Now is the time to change the narrative. Now is the time to be a force for good.”

Subscribe to the M&G

Thanks for enjoying the Mail & Guardian, we’re proud of our 36 year history, throughout which we have delivered to readers the most important, unbiased stories in South Africa. Good journalism costs, though, and right from our very first edition we’ve relied on reader subscriptions to protect our independence.

Digital subscribers get access to all of our award-winning journalism, including premium features, as well as exclusive events, newsletters, webinars and the cryptic crossword. Click here to find out how to join them.

Related stories


If you’re reading this, you clearly have great taste

If you haven’t already, you can subscribe to the Mail & Guardian for less than the cost of a cup of coffee a week, and get more great reads.

Already a subscriber? Sign in here


Subscribers only

Mbeki tells ANC that land without compensation goes against the...

‘This would be a very serious disincentive to investment,’ says Thabo Mbeki in a document arguing that the ANC should not proceed with the Constitutional amendment of section 25

Micro-hydropower lights up an Eastern Cape village

There is hidden potential for small hydropower plants in South Africa

More top stories

Oxygen supplies in Gauteng remain stable amid third wave

More than 1 500 patients in Gauteng are currently on oxygen assistance

‘Corrupt’ SAA sale to be challenged in court

UDM leader Bantu Holomisa says the organisation is seeking an urgent application to set aside the sale of SAA to Takatso

Mbeki tells ANC that land without compensation goes against the...

‘This would be a very serious disincentive to investment,’ says Thabo Mbeki in a document arguing that the ANC should not proceed with the Constitutional amendment of section 25

Gigaba denies he allowed Gupta allies to strong-arm SAA into...

The former minister was confronted with testimony that the airline was bullied, including by his special adviser, on his watch

press releases

Loading latest Press Releases…