There is one fact of life that is impossible to ignore - tomorrow will be (very) different. More specifically, the rate of change is getting faster - and about to get much faster. Culture plays a key role in change no matter the degree of change envisaged. Tomorrow's successful leader will be someone who can slalom through the white water of unanticipated disruption and culture change.
Anne Chevillotte, Managing Partner at TRANSEARCH International, highlights several key individual leadership dimensions impacted by participating in extreme sports such as ultra-endurance.
"To thrive [in times of rapid change], organisations that have long been siloed and bureaucratic must become nimble and customer-centric, and command-and-control models must give way to distributed leadership."Deborah Ancona - Seley Distinguished Professor of Management at the MIT Sloan School of Management, and is the founder of the MIT Leadership Center.
Studies show that psychological safety allows for moderate risk-taking, speaking your mind, creativity, and sticking your neck out without fear of having it cut off - just the types of behaviour that lead to market breakthroughs. So how can you increase psychological safety on your own team?
Given that by 2020, Millennials will make up more than a third of the global workforce, how this generation will lead others is becoming an increasingly pressing issue in the modern workplace. Here is Bedford's take on the shift and how your company can prepare for Millennial leadership now.