Heidrick & Struggles’ Post

Based on data from more than 400 CEOs, board members, employees, and predictions from GenAI, seven key attributes emerge that will be vital for the leader of the future to succeed. Read on...

With #AI becoming integral to many #business models, leaders should remember the importance of authenticity and soft skills for effective #leadership. Rashimah Rajah Tanja Schindler Association of Professional Futurists - APF https://lnkd.in/ew5_t4eZ

Eight Executive Leadership Trends For 2020

𝐅𝐢𝐧𝐚𝐧𝐜𝐞-𝐃𝐫𝐢𝐯𝐞𝐧 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 Series 1/10 𝐓𝐡𝐞 𝐑𝐨𝐥𝐞 𝐨𝐟 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐢𝐧 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩: 𝐇𝐨𝐰 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐀𝐜𝐮𝐦𝐞𝐧 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐬 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 🌟 Leadership extends beyond making strategic decisions and inspiring teams. A leader's financial acumen can dramatically amplify their effectiveness, enabling them to make informed, strategic decisions that drive sustainable growth. 💡 𝑾𝒉𝒚 𝑭𝒊𝒏𝒂𝒏𝒄𝒊𝒂𝒍 𝑨𝒄𝒖𝒎𝒆𝒏 𝑴𝒂𝒕𝒕𝒆𝒓𝒔: 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐌𝐚𝐤𝐢𝐧𝐠: Understanding financial metrics allows leaders to assess company health, predict future trends, and make decisions that align with long-term objectives. 𝐑𝐢𝐬𝐤 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: Financial knowledge equips leaders to identify potential risks and devise strategies to mitigate them, safeguarding the company’s assets and reputation. 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞 𝐀𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧: Effective leaders use financial insights to optimize resource allocation, ensuring that every dollar spent advances the organization's goals. 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫 𝐂𝐨𝐧𝐟𝐢𝐝𝐞𝐧𝐜𝐞: Leaders who can clearly communicate financial health and strategies gain trust from stakeholders, from investors to employees, enhancing overall corporate credibility. As leaders, our goal should not only be to manage resources but to forecast and strategize for financial challenges and opportunities. Embracing financial literacy is not just an asset but a necessity in the toolkit of modern leadership. 🚀 Are you leveraging your financial understanding to enhance your leadership? Let’s discuss how we can integrate more financial insights into our leadership approaches! #Leadership #Finance #BusinessStrategy #FinancialLiteracy #ExecutiveLeadership #CorporateGrowth

🚨 Don't miss tomorrow's webinar! Join Heidrick & Struggles' Keith McCook and Eightfold's Jason Cerrato to gain valuable insights and strategies for building a strong leadership pipeline that can adapt to changing circumstances. Register here: https://bit.ly/3Yo0GBY. #AI #leadership #talent #successionplanning

Often leadership is defined in terms of relationship to people, and rightly so. However, the Cynefin framework puts context at the core, and the need to being so tuned to it as to pivot approach accordingly. The article is old but in my view remains current - we saw first hand the difficulty in shifting from chaotic environments to merely complex ones during COVID. https://lnkd.in/ewv5RrZD

Are you results focused or people focused? Perhaps you are a unicorn and in the 1% of leaders who are both. (David Rock) According to Matthew Lieberman leaders who are both people and results focused were rated as great leaders a massive 72% of the time. Compared to those who were exclusively results or people focused, where the rating is a very low 14% or less! For decades we have run our companies in a business centric way, driving results, often at the cost of people. We cannot treat people as if they are dispensable, just cogs in a machine that can be changed and moved whenever needed. But we still do. As we shift from the knowledge economy into what many are calling the relationship economy, it is time to boost our human skills and develop human centric leaders who create organizations where everyone thrives. Rethinking how we lead and work and focusing on being human centric will bring better business outcomes. Business-Centric companies: Focus on growing and optimizing the business, fitting people into the system. Human-Centric companies: Prioritize listening, understanding, developing, coaching, and unlocking the potential of employees. Enabling business growth through the people. What can we start doing? ➡️ It starts with your leaders. Ensure to develop them for this new era of work. ➡️ Ditch the performance management system for growth dialogues to unlock the potential of your people. Coach them. ➡️ Forget linear careers and enable your talent mobility strategy, so people can move around the company. Invest in an AI powered talent mobility platform. ➡️ Focus on skills more than jobs to maximize the capabilities of your people, create internal and external side hustle opportunities ➡️ Support people to learn at work. Invest in an AI enabled autonomous learning platform to personalise learning and create knowledge sharing communities at work. ➡️ Listen to your people. Empower them. ➡️ Learn from other companies e.g. Hitachi focused on ONE human metric and that was increasing employee happiness. This resulted in a 10% increase in profits. Be a human centric leader and create sustainable human centric workplaces where your people AND your business thrives. Read my newsletter for more on human centric leadership. https://lnkd.in/dCZtttJh #CEO #CHRO #Humancentricleadership 🔔 Follow me for more insights on human centric leadership.

Check out this great course! #PoweredByThinkific Just scratching the surface of what disruptive leaders bring to organisations. Immersive and thought provoking. I'd suggest every HR person or CEO of any organisation should take this course and see what it's all about and then reach out to Paul McCarthy to see how he can help you!

𝗗𝗘𝗜 𝗮𝗻𝗱 𝗜𝗻𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗟𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽 𝗮𝗿𝗲 𝗸𝗲𝘆 𝗳𝗼𝗿 𝗯𝗲𝗶𝗻𝗴 𝘀𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹 𝗶𝗻 𝗮 𝘁𝘂𝗿𝗯𝘂𝗹𝗲𝗻𝘁 𝘄𝗼𝗿𝗹𝗱 Often, when I speak with people about DEI and Inclusive Leadership, they see it as a noble thing but one that remains a nice-to-have, reduced to intermittent tactical programs when business allows and among the first ones to be reconsidered and reduced during times of financial distress and uncertainty.  There is also the tendency to pigeonhole DEI as an HR issue, particularly when it comes to hiring, retention, and talent development. 𝗛𝗼𝘄𝗲𝘃𝗲𝗿, 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝘀𝗵𝗼𝘄𝘀 𝘁𝗵𝗮𝘁 𝗗𝗘𝗜 𝗶𝘀 𝗺𝘂𝗰𝗵 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝘁𝗵𝗮𝘁 𝗮𝗻𝗱 𝗮 𝗰𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗽𝗮𝗿𝘁 𝗼𝗳 𝗮𝗻 𝗼𝗿𝗴𝗮𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻𝘀 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝘃𝗶𝘁𝗮𝗹𝗶𝘁𝘆, 𝗶𝗻 𝗼𝗿𝗱𝗲𝗿 𝘁𝗼 𝘀𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹𝗹𝘆 𝗳𝗮𝗰𝗲 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀, 𝗯𝗲 𝗮𝗴𝗶𝗹𝗲 𝗮𝗻𝗱 𝘀𝘁𝗮𝘆 𝗿𝗲𝗹𝗲𝘃𝗮𝗻𝘁 𝗶𝗻 𝘁𝗵𝗲 𝗺𝗮𝗿𝗸𝗲𝘁. A proper DEI approach that is aligned with business strategy and embedded in organizational culture will help companies to future-proof their business, to increase their change power and to thrive in a complex and unpredictable world. 👉 Read the HBR article below, explaining more in detail how an effective DEI strategy -which of course needs to be translated into daily actions through #InclusiveLeadership – is key for business leaders who want to meet the challenges of technology, innovation, digitalization and talent in an era of geopolitical and macroeconomic uncertainty. #BeatrixEderCoaching #Complexity #leadership https://lnkd.in/eXtTPu3a

I completely agree with Anke Schaffranek's advise to embrace #cynefin. On first inspection it may seem theoretical, but look more closely. It comes with a large bag of practical tools to help you lead through uncertainty. (Link to Wiki in comments). The most recent addition, #EstuarineMapping, changes the game of strategy development.