Our society and economy has gone through many changes over the years. Organizations have changed the way they deliver products and services. We have clearly moved into a new realm of business and yet, our organizational structures, our leadership practices, and the way we operate have remained relatively stable compared to the rapid change in technology, globalization, products and services, and the economy overall. It’s time we rethink the way we operate as leaders and as organizations. Below is a table that outlines the stark difference between where we’ve been and where we need to be, between what leadership used to be and what needs to be now.
|Bet on the leader||Create a leadership culture|
|Proven practices||New practices|
|Strategic plan||Strategic purpose|
|Reward work roles||Reward work contribution|
|Clone decision making||Encourage individual decision making|
|“Go to” person – exclusive accountability||Ownership culture – inclusive accountability|
|Develop “High Potentials”||Develop everyone|
What other shifts do you see? Where are we succeeding in meeting these new challenges? Where are we falling short?