If history has taught us anything that would be that, no matter how some army may be big or well-equipped, if it does not have a good leadership, it will not be able to win important battles. That is why Alexander the Great was able to bring down to its knees the mighty Persian Empire. Business world operates on the fairly similar logic. Businesses can benefit from their strength in numbers or the technology they are using, but in order to truly succeed, they need a capable leadership. Let us look then at some of the leadership trends that will continue to shape 2016 to see what brews on the horizon in regards to talents that will soon fill those important positions within your company.
Enter the Millennials
There is nothing strange about the change of generations within some company. Why we chose to point this out, though, is the fact that the process in which Baby Boomers are retiring from the leadership positions is taking much greater hold than in the previous years. Surprisingly enough, newly opened leadership positions are not being filled with Generation X, but much younger, and entrepreneur-like thinking Millennials. Expect to see this process enveloping more and more in the following years and do your best to fill your ranks with talented Millennials to make your leadership competitive.
Let us first get something off the table. The 40-hour work week does not longer exist, and 47 hours are becoming a new norm. Even if we are not spending those additional hours at a workplace, 64% of managers expect their employees to be reachable even on their personal time. Do not think that such relentless tempo does not put additional pressure on leadership too. Fortunately, with all the new technology and telecommuting options currently available, it is possible to achieve workplace flexibility that can compensate for these circumstances. Expect your employees to value you as an employer based on the level of flexibility you can offer them.
2016 – The Year of Retention
It goes without a saying that talent should be nourished in order to reach its full potential. And truly, last couple of years there has been much talk about keeping the employees engaged. Unfortunately, even the youngest of your superstar employees have been through too many budget cuts, restructures, and comp plan changes, so they are, by now, perfectly used to flirt with recruiters, and ready to leave your organization if they get a good opportunity. As a matter of fact, most professionals seek gigs instead of full-time jobs. Be ready to fight to retain your leadership staff.
Evolution of Recruitment
Since good employees are becoming such a valuable commodity, and recruitment a full time commitment, we will continue to see more and more third party companies handling these duties, regardless whether we are talking about sales recruitment or leadership recruitment. Also, young prospects will not sit idly waiting to be recruited, but do everything to make themselves appealing to future employees, too. With all the tools for successful personal branding (personal websites, blogging, SEO, social media campaigns) on their disposal, young leaders will do their best to position themselves on the labor market not as simple assets, but as accomplished individuals more akin to sportsmen.
Evolution of Workplace
Finally, we should mention that the current leadership staff is much more tech savvy than the previous “Blackberry” generations, and that they have grown up in a very dynamic and transparent environment. Expect those things to make a very profound impact on the way how the entire workplaces are being organized. Here are few things that will become more and more prominent as the time goes by.
- Leadership increasingly distributed. In other words, leadership will not reside in one person, or even better deliberate role, but become a process that is spread throughout networks of people instead.
- Workplace culture will become collaborative and affirming. Dreary workplace cultures are not providing satisfying results. Expect younger leadership staff to inspire innovation and productivity with inclusive community spirit.
- Evolution of training. The way how leadership handles the training and coaching will undergo through some major changes and become more dependent on information technologies.
These were top five trends that will determine how modern leadership will look throughout the rest of 2016, and very likely in the following years. Pay attention to these developments. Good leadership is crucial for the success of your company; it is in your best interest to stay ahead of the curve