We live in an era of digital disruption. It is characterised by the rise of digital technology and the emergence of new competitors, reshaping traditional industry rules and boundaries. For organisations, future success and sustainability relies on the ability to adapt to these changes.
To succeed in this new economy, organisations are having to build the capacity for fast innovation underpinned by:
- Agility: The ability to anticipate changing market conditions and adjust quickly
- Rapid decision making and prototyping through collaborative team working
- A culture of curiosity, experimentation and learning
- A tolerance for risk
- Pragmatic vision and the skill to devise corresponding objectives, boundary parameters, key results and metrics that matter
Leaders need to develop these capabilities themselves and foster them within their organisation.
This report explores the implications of the age of digital disruption, specifically for leadership and leadership development. We examine how the role and expectations of leaders are changing in the Digital Age and review the implications of these changes for leadership development practices.
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