leadership 2030: building the leader of the future
DESCRIPTION
TLNT Webinar from 1/25/2012, presented by Georg Vielmetter and Signe Spencer.TRANSCRIPT
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In the past, even the future was better.
Karl Valentin, comic
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Leadership 2030The impact of megatrends on leadership
25 January 2012 GEORG VIELMETTER AND SIGNE SPENCER
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3© 2011 Hay Group. All rights reserved
Agenda
1
2
The world in rapid change mode
Hay Group’s research on the future of leadership
Five megatrends that will change the future of leadership
Agile organizations, post-heroic, overwhelmed leaders
3
4
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01The world in rapid change mode
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Number of mobile phones that will have access to the internet, in 2020
all
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Active facebook usersin millions
2006 20105
500+
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Peak oil:year when the maximum rate of global conventional crude oil extraction is reached
2006
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China’s demand for oil in million tons
2006 2020
350 600
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Group of the elderly (65+)in the industrialized worldin per cent
2005 2050
15 26
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Number of Western industrial countries among the 10 biggest economies
2009 2050
7 3
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Biggest economyGDP at MER (constant 2009 US$bn)
2009 2050
USA14,256
3 x China
China51,180
50% bigger than USA
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02Hay Group’s research on the future of leadership
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What are megatrends?
Megatrends are long- term transformational processes on a global scale, with a broad scope and dramatic impact
Observable over decades, they can be projected with a high degree of probability at least 15 years into the future
TimeThey affect all regions and stakeholders, including governments, individuals and businesses
ReachThey fundamentally transform policies, society and the economy
Impact
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03Five megatrends that will change the future of leadership
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Megatrend 1: globalization 2.0
Key characteristics Increasing globalization Shift in economic balance of power to Asia Rise of a global middle class ‘Re-regionalization’ and ‘glocalization’
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Megatrend 2: climate change and environmental impacts
Key characteristics Rising CO2 emissions and temperatures Environmental problems and growing industrial
and residential waste Greater environmental responsibility and
accountability Growing scarcity of strategic resources such
as water, minerals, metals and fossil fuels Rising investment in clean technology
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Megatrend 3: individualization and value pluralism
Key characteristics Individualism as a global phenomenon Value pluralisms: work-life balance, self
fulfillment and self-expression, values-driven engagement
Rise of the creative class From mass to micro markets Decline of loyalty to organizations
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Megatrend 4: digital lifestyle and work
Key characteristics New media conquer work and private life Individuals are ‘always on’ Public / private divide gets blurred Changing relationship networks: fewer
strong, more loose connections Power shift to digital natives
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Megatrend 5: demographic change
Key characteristics World population growing and ageing, but
demographic imbalances Aging society demands generational
leadership War for talent, brain drain, brain cycle Increasing migration; will drive cultural
diversity
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04Agile organizations, post-heroic, overwhelmed leaders
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Five key challenges for organizations of tomorrow
1 Agility: where is the decision authority?
A more matrixed structure is often a response to ‘glocalization. ‘ Transparency and clarity about how decisions are made is key.
- Which decisions are global and which decisions are local?
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Five key challenges for organizations of tomorrow
2 Re-definition of the workplace: flat, decentralized, mobile, virtual, cross-x , appreciating pluralism
Very different from the traditional workplace- less ‘vertical’
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Five key challenges for organizations of tomorrow
Complexity of collaboration: global/local, inter-generational, diverse, virtual, inter-corporate
Will require new forms of leadership, much more listening and adaptation to different groups and individuals
Can lead to more innovation, if done well
3
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Five key challenges for organizations of tomorrow
4 Growing costs: resources, sustainability, scarcity of people
Various forms of stewardship become more important: green initiatives, talent management
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Five key challenges for organizations of tomorrow
Organizational adaptations to create loyalty: sustainable, needs based (individualized, age, gender, culture, values)
A sense of shared purpose can bring people together, bring out the best in them.
5
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These challenges will require a new leader
The organization moves from: Hierarchical Stable Silos Highly defined roles and accountabilities
To Flexible Collaborative Agile Diverse
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The leader moves from…
Standing up and telling people what they need and what to do
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To: leadership as
“Lets sit down together and figure this out”
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Five key features of the leader of tomorrow
1 Conceptual and strategic thinking
“There is so much to know about, to think about, challenges and opportunities can come from any direction.”
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Five key features of the leader of tomorrow
2 Ethics: integrity, sincerity, intellectual openness
“Getting things done is based on personal credibility and trust.”
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Five key features of the leader of tomorrow
3 Loyalty creation - meaning and identity economics
“What is our larger purpose as an organization? How do we contribute to that purpose?”
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Five key features of the leader of tomorrow
4 Leadership of heterogeneous and diverse teams
“It’s all about understanding and leveraging our different viewpoints.”
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Five key features of the leader of tomorrow
5 Real, power-sharing team work insideand outside of the organization
“I’m not the smartest person in the room – but I can bring smart people together.”
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Questions?
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Contact us
Georg Vielmetter+49 30 2 63 97 97 0
Signe Spencer+1 617 425 4508