One trend that will drive the 4th industrial revolution (4IR) will be the reinvention of leadership management. I believe that technology and talent expectations surge together. With advances in Artificial Intelligence (AI), blockchain, robotics, the Internet of Things (IoT) and more, customers expect companies to deliver solutions quickly and promote collaboration across diverse teams, while meeting customer demands in the ever-changing business environment.
There is a shift from hierarchal leadership model to highly engaged teams, but what is driving this change? It is the need to improve organizational performance. Organizations are being forced to disrupt people planning and development due to changing talent and skills demanded by the industry. As we move away from traditional hierarchal leadership structure to highly complex matrix structure, skills required to manage agile teams and client needs are also changing. Today’s managers and leaders are expected to have complex problem-solving skills, critical thinking, experience with diverse team management, and most important, a mindset for navigating complexities of today and tomorrow. Diverse and agile teams are pushing the boundaries of leaderships with an expectation that today’s leaders must transform organizations to stay relevant, be competitive and should have excellent emotional intelligence (EI) competency to influence and guide their people towards opportunity and prosperity.
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