Leadership - New role

1
Leadership - New role

• Change is the biggest challenge for the leader in
  the new millennium. Keeping pace with the
  complexity and the rate of change, have become
  the most critical factors for the organizations
  today. We are in a phenomenon where business is
  conducted _at_ of speed of thought.

2
Leadership - Abandon yesterday

• Peter Drucker calls it the task of abandoning
  yesterday and making the future. Business
  leaders even as they grapple with the present
  realities, have to keep one foot firmly planted
  in the future, if they do not wish to be blown
  away by the continuous hailstorm of change that
  will characterize the new millennium.

3
Leadership - Winners

• The only survivors of this onslaught will be
  corporations headed by leaders endowed with the
  ability to see what lies ahead and to create in
  their organizations the necessary resilience to
  deal with the future.

4
Leadership - Profile

• The profile of the leader of the millennium
  depends on four factors that will drive change in
  this century.
• 1. Technology.
• 2. Global Standards.
• 3. Innovation.
• 4. Retention of superior human capital.

5
Leadership - New role

• To cope with the change drivers, the leader will
  have to be a visionary, a change agent, a change
  leader and a knowledge manager. The most
  important task of the leader will be creating the
  organizations vision and backing it up with the
  right corporate strategy.

6
Leadership - New role

• To be both a change agent and a change leader,
  the CEO must be both flexible and adaptable. He
  should be able to identify and take advantage of
  emerging opportunities well before the
  competition. He should create a culture,
  conducive to change, which must facilitate
  continuous abandonment of yesterday and rapid
  adoption of tomorrow.

7
Leadership - New role

• Rather than the charisma, leaders will be known
  for the processes they create. Integrative
  thinking - the ability to link internal processes
  and systems with the external world- will be the
  most desirable leadership quality. Innovation
  will be at premium and will need to be guided by
  structured creative process.

8
Leadership - New role

• Leaders will have to develop knowledge management
  systems within their organizations. Business
  processes will have to be redefined around
  knowledge and not materials or capital. For this
  the CEO will have to create knowledge centres
  which should be able to capture knowledge and
  disseminate it across the organization for use
  as a competitive weapon.

9
Leadership - New role

• Thus the millennium leaders will be known -
• Less for what they say, and more for what they
  deliver.
• Less by the goals they set, and more by the
  mindsets they build.
• Less by what they control, and more by what they
  shape.