The month of December is the time when we reflect on the past year and prepare for the future. As we look back on the past year, we can see what went well, what could have been improved, and how this insight might help us start the new year off strong. A consequence of Covid-19's economic and societal shock has prompted us to rethink a number of our traditional assumptions about work and leadership. It’s given us a wonderful opportunity to reach new levels of leadership.
As the pandemic remains a primary concern for individuals and organizations around the globe, many are uncertain about where, when, and how they will work in the future. There is a risk that uncertainty can lead to disruptions within teams and companies, decreasing productivity, collaboration, and effectiveness. The importance of effective leadership is more apparent than ever before as we move forward.
In a recent study report, Forbes evaluated companies based on their ability to adapt to changing conditions.
- In search of focus - (37% of companies) - These enterprises are lacking direction, purpose, and connection. Their leaders need to focus on the big picture, connecting company activities to what they stand for and strategy, and prioritize, saying no to some good initiatives in order to stay focused on the best.
- Aligned but constrained- (24% of companies) -This group of enterprises works effectively, but it frequently lacks the professionals required to manage greater levels of change and transformation. These companies must identify and manage capacity bottlenecks, restructure priorities, and provide resources where they are most required.
- Stuck and skeptical - (20% of companies)- Weak scaling, actions, and connections prevent innovation from spreading throughout the organization. It makes their people impatient, skeptical, and sometimes even a little desperate. To move forward, you need to rekindle your teammates' enthusiasm and convince them that success is possible.
- Struggling to keep up - (19% of companies)- Companies in this category need to better anticipate what’s around the corner and change their plans, accordingly, evaluating whether their strategic direction is still the right one.
Employees are looking to their leaders for guidance not only on business matters, but also for help traversing the unpredictable landscape caused by the pandemic. Leadership has had to evolve to accommodate our new normal. “It's time to ask ourselves if we've been operating from an expired playbook with respect to what employees and future leaders value. Are we using a spiral-bound notebook to lead a podcast generation?”
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