Organizational Leadership Trends for 2020
Leadership trends change in time. Its essence remains the same: moving others towards a particular set of personal or collective goals, but the ways considered the best to achieve so have changed deeply in time. Leadership is increasingly horizontal and “relaxed.” Freelancing, remote jobs, and millennial culture have led to different organizational structures and ways to approach leadership.
The debate on what makes a good organizational leader continues. Some say that leaders of the past will find it hard to be effective leaders today, but are not considering one of the most significant qualities of true leaders: adaptation. Historical, cultural and social circumstances shape the way leadership is conducted and organizational culture.
As the year and the decade come to a closure, it’s time to review what trends we see in organizational leadership for 2020 and beyond. Business leaders must acknowledge the trends in technology, society, culture, and more that are shaping what people expect from their leaders. Let’s review some of those trends.
Leading multi-generational workforces
Inter-generational culture differences have heightened in the last few years. That’s a challenge leaders have to face. They have work environments filled with Baby Boomers (born between the late 40s and the 60s), Gen Xers (born between the 60s and the 80s), millennials (born between the end of the 80s and the mid-90s) and even Gen Zers (mid 90s-). That’s a significant culture shock. The inter-generational culture differences between boomers and Gen Xers were not as large as it is between Gen Xers and millennials, or boomers and millennials.
Sum that with an increasing trend of contingent workforce and remote jobs, and it’s a significant challenge for leaders.
Non-Stop Learning Is More than a Competitive Advantage
Knowledge is not power, to paraphrase Cersei Lannister: power is power. Knowledge contributes to power inasmuch you know what to do with it. It’s not about what you know, but about what you do with that knowledge.
Thus, non-stop learning is a pre-requisite for an organizational leader, not an edge. Continues learning is a must for your team in this era of an ever-changing environment and ever-growing technology.
Accountability and Transparency
Those two elements have always been vital in organizations, indeed. However, the spread of big data have turned people obsessed on what companies do with their personal information. So transparency has become a significant issue for companies.
On the other hand, intra-organizational accountability is also critical. As we said, we are experiencing an increase in remote working, freelancing, and flexible hours. Even as it may be something good for productivity, it also calls for greater accountability. Leaders will need to create a culture that embraces it with clear processes and structures or it will get lost.
Leadership, and not HR, must lead the design of organizational culture
Forget about the top-down, photocopied approaches. The structures built for the 20th Century do not necessary work now. We are well in into the 21st century to have to discuss this. That means organizational culture is vital, it cannot be seen as something HR can deal with as it was a mere formality.
Leaders must be in the battlefront of the design of organizational culture because they are the ones who should know where is an organization going, what’s its vision and its strategy.
Embracing a new mindset
Yes, revenue is vital. But now, providing value is even more important. Putting value first turns one-time customers into regulars, increasing monetization, too.
Customers have an incredible amount of choices to pick from, and will almost surely put the eye on those that prioritize value over sheer revenue.
Conclusions
As we said in the beginning, one key characteristic of every leader is his or her ability to adapt to the environment. The last few years and the years to come have proven it’s even more significant these days. Business culture is changing dramatically, and the successful leaders will be one who know to adapt to those changes and be a step ahead.