Leadership disrupted: Pushing the boundaries - Deepstash

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“The biggest risk is not taking any risk. In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.”

MARK ZUCKERBERG, CEO OF FACEBOOK

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Skills Needed In Digital Leaders

  • Work together, complement each other, and function as a team.
  • Able to operate on and enable environments that are more dynamic, team-centric, and connected.
  • Lead and build teams and partner with the broader ecosystems, keep people connected and engaged, and drive a culture of innovation, learning, and continuous improvement.
  • Lead a workforce that includes contractors, the contingent workforce, and crowd talent.
  • Understand how different business functions, industries, and technologies come together to form solutions.
  • Comfortable and competent with risk-taking.

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Demographics And Leadership Destiny

Millennials expect to be developed via opportunities, mentoring, and stretch assignments. However that is hard to come by in top-heavy companies. 

Most millennials think their roles provide little development while most companies report they have excellent or adequate programs for Millennials.

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A Digital Leader's Cognitive Traits

  • Conceptualizing possibilities in a virtual world
  • Handling ever increasing cognitive complexity
  • Thinking divergently about new ways of doing things
  • Making decisions quickly without all of the information

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A Digital Leader's Behavioral Traits

  • Adapting to constantly shifting power and influence
  • Collaborating with ease across many different teams
  • Valuing the contribution of new work partners and different interest groups
  • Investing huge amounts of energy into getting things right. Try, fail and try again 

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A Digital Leader's Emotional Traits

  • Tolerating an environment of risk and ambiguity
  • Showing resilience in the face of constant change
  • Being brave in challenging how things are being done
  • Having the confidence to take the lead in driving change

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Types Of Digital Leaders

  • Digital investors: Executives who embrace the VC mind-set, uncover opportunities, educate, invest in talent and ideas, forge partnerships, conduct the transition to a digital model and build an ecosystem that fosters innovation.
  • Digital pioneers: Business and function leaders who can reimagine and lead into the future, shape new and different business models, and lead a winning digital strategy
  • Digital transformers: Leaders who can manage people through radical change and transform the business

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Transitioning To Digital Leadership

  • Rethink the organization’s leadership model to include the concepts of innovation, growth, inclusion, teamwork, and collaboration.
  • Identify the likely digital leaders in the organization: Determine who can be the investors, pioneers, and transformers. 
  • Train potential leaders to understand the opportunity. 
  • Ensure accountability.
  • Promote younger people into leadership faster.
  • Foster risk-taking and experimentation through leadership strategy. 
  • Move beyond traditional leadership training: Focus on leadership strategy, emphasizing culture, empowerment, risk-taking, knowledge sharing, exposure, matrix management, and building talent as guides.

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rebbll

I like movies, reading books and tea. I also listen to a lot of podcasts.

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