How and why is leadership changing and what does it take to be a successful leader?
To answer this question I spoke with over 140 CEOs around the world from organizations like Best Buy, Accor, Oracle, Verizon, KPMG, Unilever, Audi, and many others.
These CEOs collectively identified 6 trends which are shaping leadership, both today and in the future. If you want to download a copy of the PDF which features all 6 of these trends you can do that here.
The talent landscape has evolved in recent years, and those changes will continue and increase as we move towards the future. How companies attract and retain talent is changing, especially as older employees retire and a new generation enters the workforce, creating organizations that have employees from four or five generations working together. By 2030, there will be an estimated global talent shortage of 85 million people, causing organizations around the world to pay an additional $2.5 trillion to secure talent.
At the same time, diversity and inclusion have become hot-button issues that matter to employees and employers. Future leaders need to focus on both diversity and inclusion—it’s not enough to just put people from different backgrounds and demographics together in a team. Employees all need to feel welcomed and like they belong and can bring their whole selves to work. Research found that 75% of employees think more diversity is needed. Two-thirds of job seekers say a diverse workforce is an important factor when considering job offers.
The new talent landscape applies to every employee, not just those new to the organization. Changing skills and technology are placing a higher emphasis on training and upskilling employees to be prepared for the future of work. Employees need to take control of their personal and professional development, but leaders and organizations also need to provide mentoring and guidance to give employees the tools to evolve and grow in their careers.
What you can do now:
- Use whatever influence you have to create diverse teams. Employees at every level can demand diverse teams, and those in managerial positions can hire diverse people. Once you’ve created a diverse team, work diligently to ensure each person feels like they belong and are valued.
- Participate in a mentorship program. Younger employees can learn from more experienced employees or even mentor older employees on things like technology and social media.
- Continually evaluate your skills and upskill as necessary. Don’t assume that what you learned in school or when you first started working is all you need to know now.
“Ultimately the goal of every leader should be to allow everybody to contribute to the best of their possible potential, and to the extent that you’re not inclusive, that becomes impossible to do.” Jeff Dailey, CEO of Farmers Insurance
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There are 6 trends that are transforming leadership forever do you know what they are and are you ready for them? Download the PDF to learn what these 6 trends are and what you should be doing about each one of them. These are crucial for your leadership and career development in the future of work!
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