Ch5

SECTION 5: FUTURE TRENDS IN LEADERSHIP | 34 Cultivating authentic leadership Understanding the importance Gone are the days of authoritarian, top-down of agility leadership as the prevailing norm. Instead, In their 2023 report examining the state of Steve says that it’s all about authentic organisations, McKinsey & Company identi昀椀ed leadership. ‘increasing speed, strengthening resilience’ “Some of the companies that are currently as one of the ten most signi昀椀cant shifts 65 at the top of ‘Great Place to Work’ lists facing organisations today . Their research talk extensively about how they practise also shows that leaders in fast-moving authentic leadership. Even organisations organisations have: with tens of thousands of employees consistently achieve impressive scores on 2.1x higher operational resilience platforms like Glassdoor and in surveys related to workplace satisfaction.” 2.5x higher 昀椀nancial performance Developing digital intelligence 3.0x higher growth and technological fluency As we highlighted in Chapter One, the 66 potential rewards for integrating AI into your 4.8x higher innovation organisation could be substantial. Equally important is developing digital intelligence Clearly, agility is a key component to future and technological fluency across your leadership success. organisation. In fact, a 2023 Harvard Business Publishing study identi昀椀ed ‘tech-savviness and digital adaptability’ as the foremost leadership skill required to meet future 64 business needs . 64 2023 Global Leadership Development Study, Harvard Business Publishing 65 The State of Organizations 2023, 2023, McKInsey & Company 66 The State of Organizations 2023, 2023, McKInsey & Company 67 New leadership for a new era of thriving organizations, 2023, McKinsey & Company