This digital age and VUCA world are a great test for leaders. In an era of unprecedented uncertainty and change, traditional tools of management like structure, strategy, planning and policies do not just lose their effectiveness but can become a roadblock. Instead, you need vision, inspiration, intuition, collaboration, and ability to constantly adapt. This requires a shift in expectations of executives, from their being efficient managers to becoming entrepreneurial leaders. ‘Managers to Leaders’ is an often-repeated cliché in management. It has become an absolute imperative in the digital age. Management of duality is another important requirement in the digital age. There are many contradictions that leaders need to respond to – growth versus profitability, short term versus long term, and many more. It is not enough to find the tradeoffs on these complementary values, leaders need to find win-win solutions. Finally, balance and sustainability are also critical topics for leaders to address. The breathtaking pace of activity is a defining feature of the digital age, but it is also one of its biggest challenges. Individuals are at greater risk of burnout, anxiety, and depression. At the society level, the obsession with growth is resulting in irreparable damage to the environment and grave socio-economic issues. Leaders in the digital age have a responsibility not just towards their enterprises, but also towards society as a whole. They need to find balance within themselves. I believe spiritual practices and meditation can be help leaders centre themselves and find peace within. In addition, they need to consider how they can build an ethical foundation for their organizations and make a broader contribution to society.
Curriculum
- 5 Sections
- 4 Lessons
- Lifetime
- Leadership BeliefsIn this section, we look at some core leadership principles. Fundamentally, leadership is about helping others realize their full potential, making a difference, building a compelling view of the future, courage, trust-building, connecting, integrity, balancing the head and heart, humility, and being true to yourself. Leadership beliefs act as a compass pointing us in the right direction. They act as the beacon which lights the way and enables the team to navigate uncertain times.
Key Takeaways
Fundamentals of Leadership1 - How Great Leaders Inspire Others: The '5Cs' Formula!!In this chapter, we cover why inspiring the team is important and what is the best way to do it. Whether it’s through role modelling, creating a compelling vision or effective storytelling the role of the leader is pivotal in inspiring others. Getting others to sign up for a higher purpose, go beyond the call of duty, beyond their ordinary limits and achieve great results. To be able to do so the leader has to care, connect and inspire them from within.
Key Takeaways
How leaders inspire others?
Finding your personal leadership style1 - How to create great leadersFor enterprises to succeed, it is important for the leader to not have the sole responsibility to drive change and deliver on enterprise growth targets but build a team of next level leaders who are driven, empowered, customer-centric and have the right level of expertise to own and deliver outcomes. To be able to build a team of great leaders, first we have to believe everybody has leadership potential within them. Second, we need the right trigger of experiences to unlock it like providing stretch assignments and teaching through role modelling. Before you ask others to follow suit, you have to live the values you want them to demonstrate.
Key Takeaways
Crucial traits of a true leader
How to develop / make leaders?
How to tap India's youth's youth potential to make them future leaders?1 - Mastering Duality: A Key Skill for leaders to succeed in the Digital AgeAmong the challenges the VUCA world throws at leaders, most of which have been dealt with in the previous chapters, this one is particularly unique. It is a very critical need for leaders to manage contradictions or seemingly conflicting objectives at the same time. Because of the level of volatility, leaders will need to be agile, consistently evaluate scenarios and go beyond making tradeoffs to mastering operating with duality to succeed. Those who are able to master this skill will grow to a different level of professional maturity and impact.
Key Takeaways
What are dualities and conflicts in business?
Some major contradictions that occur in business
Leadership skills to excel
Approaches to handle conflicts1 - Quiz1