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Five Rules for Leading in a Digital World

Replace toxic leadership tendencies

Toxic leadership can achieve short term results, but over time performance will deteriorate.

When things get troublesome, even the best leaders can slide into a self-centered approach. However, with self-awareness and some feedback, leaders can learn to deal with these tendencies and move toward a leadership that challenges and inspires.

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Leadership disrupted: Pushing the boundaries

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deloitte.com

Leadership development continues to be a significant challenge for companies around the world, as the transition to the new digital organization creates even larger leadership gaps. High-performing leaders today need different skills and expertise than in generations past, yet most organizations have not moved rapidly enough to develop digital leaders, promote young leaders, and build new leadership models.

Key Ideas

“The biggest risk is not taking any risk. In a world that is changing really quickly, the only strategy that is gu..."

Mark Zuckerberg, CEO of Facebook

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.

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.

5 more ideas

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The Most In-Demand Skills in Digital Leadership

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digitalmarketinginstitute.com

Leadership is a driving factor in the success of a business particularly in this age of digital. The pace of change means that today's leaders need to be reactive and proactive in the face of challenges. Find out 8 key traits of a successful digital leader.

Key Ideas

Talent Spotting

Digital leaders don’t have to do everything themselves, but they must be able to spot the areas of their organization that need improving. Moreover, they need to be able to hire an...

Adaptability

Sudden changes in the industry can disrupt the status quo, potentially derailing the success of your organization. In these situations a leader must remain flexible and adaptable, ready to make the quick decisions that can keep the company on track with minimal negative impact.

Risk-Taking

Putting speed and innovation ahead of tried-and-tested business practices often makes leaders cautious. However, in a fast-changing world, the only strategy that is guaranteed to fail is not taking risks.

For a start-up, the risks can be even greater but innovation is impossible without risk. And if you can’t take risks, you may not be cut out to be a digital leader.

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The Most Important Quality A Digital Leader Requires

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forbes.com

It's been 11 years since the introduction of the first Apple iPhone, and this may have been the catalyst that kicked off the digital movement in earnest. "Once everyone got iPhones, and once we started being able to do so much ourselves as consumers, we wanted to be able to do that as businesspeople too," states Shellye Archambeau, entrepreneur, tech executive, and Verizon and Nordstrom board member.

Key Ideas

Digital Leaders

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It is about understanding how specific technologies interact with people, and setting aspirations, creating culture and building capability.

Successful digital leaders challenge obs...

Digital Transformation

Digital technology needs to enhance your processes and activities, and also what you are able to offer to your clients.

Companies now need digital innovators to lead them or risk perishing under the growing wave of digital disruptions. They also need to communicate and share with customers and employees, to identify opportunities and individuals who will help promote change.