The world of work is changing – and fast. A new wave of disruption is impacting traditional jobs, industries and business models.
Today’s leaders are facing challenges their forebears never had. Not only are they confronted with ongoing economic uncertainty and geo-political instability, they must also navigate an increasingly complex global marketplace with a growing millennial workforce that demands a whole new style of leadership. It’s a whole brave new world for today’s leaders, which is why there’s no time to waste developing tomorrow.
What is different about the current wave of disruption – referred to by some as the new wave of the industrial revolution – is the pace of change. The prospect is exhilarating. Technology is fast reshaping our world and has the potential to change our business lives as well as our personal. Organizations have grown flatter and middle management cheap jerseys thinner, the decision-making has been pushed down. Drawing out and developing the leadership skills of those who would have otherwise not been given leadership responsibility has become the new mission critical.
The disruption of digital is being discussed at the BBQ board level and in operational teams. Most enterprises are already working out their unique approach of adapting in this digital era while many are already using technology in new and creative ways to transform their business.
In the digital age, our leaders are in the driving seat.
Digital transformation is empowering our leaders to do amazing things with the emergence of new technology. One of the biggest challenges for leaders is how to embed innovation and create new value for employees, customers and shareholders. This is a fundamental change in the way leaders lead.
But while the world is changing quickly the theories of management and leadership have not. The future is not just about charismatic leaders – it is about authentic leadership Hello and transparent management. The shift is already happening in many great companies; from hierarchical to thought based leadership; from rules based companies to values cheap jerseys based companies; from compliance to trust Rollenb?cke and enablement.
For today’s companies, ‘our people’ are a competitive advantage. That’s why it’s important to empower them, and to make sure technology works for them.
Riding the wave towards economic competitiveness, in large part, is contingent to countering some technological trends while embracing others. Some of these trends include:
- The explosion in cognitive intelligence, and the relative affordability to store and transmit large volumes of data. For example, today there are about 2 billion semiconductor devices or transistors in an average Smartphone, making it more powerful than the combined computing power at NASA Innovative in 1969.
- The opportunities of mass connectivity and mobility, which is accelerating the pace of globalisation and changing consumer behaviour – from the way we exercise to the way we access entertainment.
- There are already as many mobile subscriptions worldwide (7.5 billion) as there are people and the share of smart devices and wearables are increasinThe ubiquity of the Internet has also broken down barriers to entry. Start ups can launch a new product directly to wholesale NBA jerseys billions of consumers.
- In globalized supply chains, Trade is increasing in intermediate goods – as distinct from finished products. Supply chains have become more sophisticated and integrated. Take the latest Apple iPhone 6 – it includes components made by 785 suppliers in 31 countries.
So we know the world is being transformed by an unprecedented number of technological trends; trends that are reshaping just about every part of our lives – not least of which is jobs. The challenge is to ensure our leaders have the skills and technological imagination to take advantage of these bottom new trends and embrace new technologies; to approach disruption as an opportunity to invent and create, and not something we seek to ignore or prevent.
However what is clearer to me is the value in harnessing these kinds of technologies or the likes of 3D printing, advanced robotics, Cloud platforms, and other automation and digitization advances together in an integrated approach. What we’ll see even more in the future, the companies who thrive will be the ones who leverage the collective attributes of these cheap Cleveland Browns jerseys technologies in the development of their business processes.
We are living through the most exciting times where the future is uncertain.
Today’s modern leader needs to have an open mind to understand and embrace what’s possible and not be nervously watching from stage left.