March 20th 2019
Digital Disruption – Exploring the Implications for Leaders & Leadership Development
We live in an era of digital disruption, characterised by the rise of digital technology, the emergence of new competitors, reshaping of traditional industry rules and boundaries, an accelerating pace of change and increasing complexity. For organisations, future success and business sustainability rely 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 both develop these capabilities themselves, and foster them within their organisation. In short, leadership must evolve in response to the changing context.
This report explores the implications of the Digital Age 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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