Saturday, May 5, 2012

The Evolution of Leaders-- what does the future hold?

I read a great article in Venture Magazine (2012 Anniversary edition) about the future of leadership. The question posed was “what will Alberta’s Business Person of the Year Look Like in 2027?”

One can only begin to imagine how different life and leadership will be in 15 years, in fact, look how much has changed in the past 15 years. Joseph Doucet, the interim dean at U of Alberta’s School of Business thinks there will be an evolution in the characteristics and traits of leads in 2012 (rather than the leaders that replace them).

Diversity will be much more profound in the coming years, and the leadership will be from a rich cultural diversity in backgrounds and ethnicity. There will be a strong requirement for leaders to create a culture that is ethnically diverse.

In the coming years, there will be a strong need for leaders to commit to and engage in ongoing education and learning. The pace of change in the business world will continue to progress and accelerate at an exponential rate therefore requiring leaders to continually advance their skills and learning. As well, leaders will need to be well versed in social media and online marketing and business practices.

Authenticity will continue to be a strong and much needed quality especially in relationships and building trust. Flexibility will continue to be a requirement in business, and leaders will be challenged to adapt to the online distractions in the workplace.

Lastly, forward thinking especially as it relates to succession planning and developing employees from within will be an important if not essential aspect of managing business growth, increasing pace of business and employee retention.

It will be interesting to see what the next 15 years bring. I am excited about it!

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