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#YESSINSIGHTSS: the CEO of the future

Auteur: YESS International Consultants

The current business landscape is disrupted by a transition to technology-driven enterprises. How do CEOs stay on the right track in this new environment. Which competencies, characteristics and qualities are important for future leaders? The question then arises: “What will the future CEO look like?”

To get an answer to this question about leadership, YESS conducted some research which results we like to share with youEgon Zehnder’s Rajeev Vasudeva, Jeff Weiner of LinkedIn and an online article from Forbes Insights gave us more clarity about the traits a future leader needs to have.

HUMBLE AND VULNERABLE

“The progressive leader needs to be open to feedback, self-discovering and learning”, says Egon Zehnder’s global chief executive Rajeev Vasudeva. In the interview “Today is the age of the humble and vulnerable CEO” in The Economic Times the CEO of Egon Zehnder talks about how growth is a challenge for companies. We live in a time with more millennial workers, what makes the workforce more diverse. Technology is disrupting business models. To stay on the right track, a CEO needs a different approach to leadership. Rajeev Vasudeva accentuates the importance that the CEO of the future needs to be humble and vulnerable.

the CEO of the future needs to be humble and vulnerable

SENSE SHAPE-SHIFTING

Forbes Insights has an article online called “The future of the CEO in the age of the machine”. In the article Kasia Moreno makes the statement that there is less written about how CEOs adapt to the transition to machine-driven enterprises compared to employees. It is important to look how leaders can best handle the next ten years to stay on the right course. Moreno says: “There is no room for ego in this new environment.” Same as the interview in the Economic Times, this article accentuates that leaders need to acknowledge their vulnerabilities. The article adds that it is also important to figure out your place in the (business-) puzzle. Trying to fit in the wrong place will lead to losses. CEOs need to sense shape-shifting. Last but not least: CEOs need to use their charisma.  We still follow people and not machines.

CEOs need to use their charisma.  We still follow people and not machines

BE AHEAD OF THE TRENDS

John Donahoe of ServiceNow and Jeff Weiner of LinkedIn speak about how CEOs improve work for people in this age. “It is important to understand your workforce”, says Jeff Weiner (CEO of LinkedIn) in the article and podcast “How can business leaders make the new world of work better for people” – published in McKinsey Quarterly. You need to know the skill sets of your workforce, the fastest growing jobs, the skill gaps and the ability to shift talent from one locality to another locality. As a leader you want to be ahead of the trends by measuring and improving your workforce strategies. To make a long story short: “Make use of the automation”

“As a leader you want to be ahead of the trends by measuring and improving your workforce strategies”

 

#YESSNEWSS overzicht

Four essential skills for CEOs of the future:

1. Charisma

2. Humble and vulnerable

3. Measure and improve your workforce strategies

4. Stay ahead of the trends

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