According to Hay Group’s Leadership 2030 research the leaders of the future will need a host of new skills and competencies if they are to succeed
Leadership challenges of the future revealed by the Hay Group–Building Leaders: Leadership Challenges of the Future Revealed- You can download the white paper here.
“Leaders of the future will need to be adept conceptual and strategic thinkers, have deep integrity and intellectual openness, find new ways to create loyalty, lead increasingly diverse and independent teams over which they may not always have direct authority, and relinquish their own power in favor of collaborative approaches inside and outside the organization.”
To successfully develop this combination of skills and qualities – and adopt what is, in effect, a ‘post-heroic’ leadership style – they may need to abandon much of the thinking and behavior that propelled them to the top of their organizations in the first place.
But if they want their businesses to survive and thrive over the next two decades they have no choice. Unless they dramatically change their leadership style, starting from today, their organizations will lose out in the race for innovation, the march to globalization and the war for talent. They will be, quite simply, unsustainable.
This is the conclusion Hay Group has reached after working with Germany-based foresight company Z-Punkt to identify the mega-trends they believe will affect organizations and their leaders profoundly over the coming decades and analyzing the implications of each at a corporate, organizational, team and individual level.
In short, the study determined that this short list of competencies are an absolute must for leaders, managers and influencers in the next two decades.
The new leadership competencies
The new business world order will challenge leaders on three levels: cognitive, emotional and behavioral.
Leaders need new forms of contextual awareness, based on strong conceptual and strategic thinking capabilities.
They need to be able to conceptualize change in an unprecedented way, again based on conceptual and strategic thinking.
Leaders need to exhibit new forms of intellectual openness and curiosity.
Overall, leaders will need to be much more sensitive to different cultures, generations and genders.
They will need to demonstrate higher levels of integrity and sincerity and adopt a more ethical approach to doing business.
They must also tolerate far higher levels of ambiguity.
Leaders must create a culture of trust and openness.
As post-heroic leaders they must rethink old concepts such as loyalty and retention and personally create loyalty.
Collaboration – cross-generational, cross-functional and cross-company – will be their watchword.
They must lead increasingly diverse teams.
At Glowan we are proud of the fact that our L3 Leadership Learning Process combined with our Smart Skills: Leading Without A Title program prepares leaders, managers, project managers and Individual contributors to ready themselves now and for the future. These two programs are directly mapped to the above competencies called out in the Hay Group research. As I am writing this blog post we are working on a new program and process that integrates the two programs mentioned here. This new program is called Choose To Lead™, and will be piloted in early 2102.
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