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Leadership 2030: The Six Megatrends You Need to Understand to Lead Your Company into the Future
Tomorrow’s changes are coming. With guidance from this invaluable resource, you can prepare for them today!
The tumultuous changes in the business world during the last decade have forced too many to focus on the short term, rushing to figure out how to produce quarterly profits in chaotic conditions. As a result, the longer view is often obscured, leaving businesses so busy fighting today’s battles that they are completely unprepared for tomorrow’s war. The next cataclysmic wave is surging relentlessly ahead, demanding leaders who can steer their companies through complexity and change.
In Leadership 2030, six megatrends are uncovered for the forward-thinking leader that will dramatically impact organizations' markets, cultures, systems, and
1. Globalization 2.0: Asia dominates the global economy.
2. Climate Sustainability becomes imperative.
3. Freedom of choice erodes loyalty.
4. Boundaries blur between private and working lives.
5. Demographic Aging populations intensify the talent war.
6. Converging The sharpest tech shift in history is around the corner.
Research findings and case studies, drawn from original research conducted jointly with foresight company Z-Punkt and further analyzed by Hay Group, provide compelling evidence of each megatrend and highlight the skills, capabilities, and attitudes leaders must cultivate in order to maneuver through it all.
The tumultuous changes in the business world during the last decade have forced too many to focus on the short term, rushing to figure out how to produce quarterly profits in chaotic conditions. As a result, the longer view is often obscured, leaving businesses so busy fighting today’s battles that they are completely unprepared for tomorrow’s war. The next cataclysmic wave is surging relentlessly ahead, demanding leaders who can steer their companies through complexity and change.
In Leadership 2030, six megatrends are uncovered for the forward-thinking leader that will dramatically impact organizations' markets, cultures, systems, and
1. Globalization 2.0: Asia dominates the global economy.
2. Climate Sustainability becomes imperative.
3. Freedom of choice erodes loyalty.
4. Boundaries blur between private and working lives.
5. Demographic Aging populations intensify the talent war.
6. Converging The sharpest tech shift in history is around the corner.
Research findings and case studies, drawn from original research conducted jointly with foresight company Z-Punkt and further analyzed by Hay Group, provide compelling evidence of each megatrend and highlight the skills, capabilities, and attitudes leaders must cultivate in order to maneuver through it all.
- GenresLeadershipManagement
278 pages, Kindle Edition
First published February 6, 2014
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Displaying 1 - 2 of 2 reviews
November 23, 2015
The book is a 15-year-ahead prediction on what leaders in the future would face and should be equipped. Although serving as a marketing tool for Hay Group (a HR consulting company), the book is actually fun to read and makes me think hard.
The book explains 6 mega trends and their implications for business leaders in the coming 15 years:
1. Globalization 2.0 (from East to West, 2/3 of world's middle class will be in Asia Pacific region, highly localized market dynamics and decentralized organization structures)
2. Environmental crisis (critical natural resources are becoming scarcer and climate change more threatening, environmental protection becomes a business principle not just a CSR exercise)
3. Individualization and value pluralism (flatter organization structure, more diverse teams, customers and employees expect their individual needs to be catered to, redefined loyalty)
4. Digital era (digitized lifestyles, virtual teams and workplaces, breaking down divisions of personal life and professional life, overly rely on technology and under develop social skills)
5. Demographic change (growing numbers of millennials, more female senior leadership, multi-races and wider age diversified workforce, talent shortage continues and globalizes)
6. Technology convergence (complex R&D results will transform life styles and change markets, new level of collaboration is in need ever in history, organizations might change their forms completely)
Through these 6 mega trends, the book describes a "landscape" that the future business leaders would encounter and work with. So the demands on them would be: to do more with less, to report to more stakeholders, to deal with complex organizational structures and multi-cultural teams with less power in a more virtual workplace, to balance immediate technological progresses with views in horizon, to think global and act local and above all, high standard of ethical decisions and behaviors.
And the answer from the book is - "altro-centric leadership" that practices great influence.
"Altro-enteric" is one of the combined-contradicted words this book introduced (others: "coopetition", "glocallization"). "Altro" is based on the Latin word "alter" meaning "the other". "Altrocentric" is the opposite of "egocentric", it means focusing and concerning others rather than oneself.
The "altrocentric" future leader is driven by values and inner strengths, not spotlights and power. He or she is willing to share power, with high EQ, low ego, lot of empathy, no prejudice. He or she is visionary, strategic, sociable, flexible in leadership styles. The last chapter is basically a long requirement check list to prepare oneself for this tough job...
One interesting concept I learned from this book is McClelland's 3 key social motives theory (achievement of excellence, affiliation of harmony and influencing power). Everyone has a different mix of these 3 motives to fuel their actions (or inactions) in life.
While all these certainly help me to understand the context of future leadership and to perform my coaching and training for my clients (Hopefully I will be able to continue contributing beyond year 2030!), the most exciting read in this book was about the eye-opening possibilities of the future, especially the scientific-technological convergent inventions!!!
I think I should study futurology!
The book explains 6 mega trends and their implications for business leaders in the coming 15 years:
1. Globalization 2.0 (from East to West, 2/3 of world's middle class will be in Asia Pacific region, highly localized market dynamics and decentralized organization structures)
2. Environmental crisis (critical natural resources are becoming scarcer and climate change more threatening, environmental protection becomes a business principle not just a CSR exercise)
3. Individualization and value pluralism (flatter organization structure, more diverse teams, customers and employees expect their individual needs to be catered to, redefined loyalty)
4. Digital era (digitized lifestyles, virtual teams and workplaces, breaking down divisions of personal life and professional life, overly rely on technology and under develop social skills)
5. Demographic change (growing numbers of millennials, more female senior leadership, multi-races and wider age diversified workforce, talent shortage continues and globalizes)
6. Technology convergence (complex R&D results will transform life styles and change markets, new level of collaboration is in need ever in history, organizations might change their forms completely)
Through these 6 mega trends, the book describes a "landscape" that the future business leaders would encounter and work with. So the demands on them would be: to do more with less, to report to more stakeholders, to deal with complex organizational structures and multi-cultural teams with less power in a more virtual workplace, to balance immediate technological progresses with views in horizon, to think global and act local and above all, high standard of ethical decisions and behaviors.
And the answer from the book is - "altro-centric leadership" that practices great influence.
"Altro-enteric" is one of the combined-contradicted words this book introduced (others: "coopetition", "glocallization"). "Altro" is based on the Latin word "alter" meaning "the other". "Altrocentric" is the opposite of "egocentric", it means focusing and concerning others rather than oneself.
The "altrocentric" future leader is driven by values and inner strengths, not spotlights and power. He or she is willing to share power, with high EQ, low ego, lot of empathy, no prejudice. He or she is visionary, strategic, sociable, flexible in leadership styles. The last chapter is basically a long requirement check list to prepare oneself for this tough job...
One interesting concept I learned from this book is McClelland's 3 key social motives theory (achievement of excellence, affiliation of harmony and influencing power). Everyone has a different mix of these 3 motives to fuel their actions (or inactions) in life.
While all these certainly help me to understand the context of future leadership and to perform my coaching and training for my clients (Hopefully I will be able to continue contributing beyond year 2030!), the most exciting read in this book was about the eye-opening possibilities of the future, especially the scientific-technological convergent inventions!!!
I think I should study futurology!
November 21, 2021
The front 6 chapters were a little dry for me but the last 2 chapters left me much food for thought. I am convinced by the altrocentric leader being the leadership model that will thrive in the future. The openness, flexibility and humbleness that belie such leaders are characteristics that will help cope with the increasingly complex, diverse and uncertain world. Definitely worth a read!
Displaying 1 - 2 of 2 reviews