The final results reveal five key competencies for leaders in the future:
1. Thinking globally: Leaders will need to comprehend the economic, cultural, legal and political environments that they trade. Potentially profitable new skills and knowledge for marketing, sales and international production is going to be required. A global perspective can be a high priority.
2. Appreciating cultural diversity: This competency requires more flexibility and openness than ever before. Cultural tension is a natural by-product from the global business environment and leaders must be good at managing it. To be able to lead disparate categories of knowledge workers with a consensus will likely be crucial.
3. Developing technological savvy: Information and communications systems are the backbone in the global enterprise. While CEOs may not be technological experts they must decide about which advances to consider and ways to allocate technological investments wisely.
4. Building partnerships and alliances: On account of every one of the reengineering, restructuring and downsizing, many activities are increasingly being outsourced. This implies an increased ability to negotiate complex alliances and manage network relationships. Joint leadership will be a key.
5. Sharing leadership: Sharing leadership responsibilities is going to be forced to navigate global partnerships. Executive team leaders, remember a common vision and purpose, will collaborate to produce effective decisions and target integration, not control. Transforming Africa It is very important remember that leadership is definitely an emergent quality which is made by the acts of several people complex systems. The organization culture must recognize and accept the necessity for leaders to acquire help. Leaders cannot walk on water or leap tall buildings, no matter how strong they look like. Executive coaches are necessary to the continuing development of leadership strengths, and you will be more so in the future.