The Future is Now: Essential Competencies of a Successful 21st Century Leader
Over the last few decades our workplace has drastically changed: diversity abounds, technology rules, M&A’s are the norm and change happens every few minutes! This new environment calls for superhero leaders with a more robust set of competencies. We believe that two crucial sets of competencies that are a must-have for effective leaders today are Cultural Competencies and Emotional Intelligence Competencies. Want proof? Here’s some good research to back up our claim:
- An analysis of more than 300 top-level executives from fifteen global companies showed that six competencies distinguished the stars from the average. Two of those were intercultural competencies, the remaining were emotional competencies (Spencer, L. M., Jr., 1997)
- Research by the Center for Creative Leadership has found that the primary causes of derailment in executives involve deficits in three primary emotional intelligence and diversity competencies: difficulty in handling change, not being able to work well in a diverse team, and poor interpersonal relations.
- According to a study conducted by the Southwest Institute, 37% of previously successful leaders fail within the first year of being given a role leading a global, intercultural team.
So how do you build these competencies? Start by checking out our website and the tools we use.