Majors Forces and Trends in Leadership

Majors Forces and Trends in Leadership

Introduction

In today's environment the role of leadership has been changed the changed is because of the change in the dynamics of the environment. Increased competition, implementing of new policies and strategies and development of new technologies changes the role of leaders. The most important aspect in trends of leadership in today's environment is emotional intelligence (EI) and change management. A leader needs to align his goals and strategies with the changing environment so that a leader would attain the set goals (Druskat, 2001).

Discussion

According to the research “The changing Nature of Leadership” a number of new business trends have emerged. Some major trends in the environment with respect to leadership are as follows:

Rise of Challenges.

The Innovation revolution.

Art of Virtual Leadership.

Leadership & Longevity.

Emotional Intelligence

Rise of challenges

The process of globalization and the technological revolution impose new requirements and market leaders are people who stand against this scenario changes. The changes automatically bring some new challenges. It becomes the responsibility of the leader to link its goals with the complex challenges. Organizations are living in a world of challenges and they had to face them in order to be in the market as well as, to survive. Most of the challenges in the environment are due to the effect of globalization also. The process of globalization and technology has brought deep changes in economic scenarios, social and organizational century. Among the characteristics of this new reality, we emphasize strategic changes never once seen with as large scale and with such intensity: advancing science, opening markets, links between countries and companies, economic blocs, new professions, business opportunities and self sustaining development (Cherniss, 2000).

All these facts have marked new parameters in the corporate world, such as instability, horizontal and flexible structure of organizations, responsibility and social entrepreneurship, empowering the intellectual capital, valuing people and Importance of Human Resources Management and emotional intelligence. These are some of the facts which a leader needs to incorporate in his traits in order to deal with the complex challenges of today's world.

Challenges are always there for the leaders and a leader is one who uses to deal with these challenges with open arms by being emotionally intelligent. The effective use of these traits can help a leader in coping up with the current challenges (Ciarrochi, 2000).

The Innovation Challenges

Innovation is the key to success these days, and increasingly has become a key differentiator. Professionals who have raised this flag within the organizational environment are essential for the company can implement its strategies and achieve objectives.

Highly innovative companies see innovation not as an end but as a means to achieve the strategic objectives. Just like a good camera is an essential tool that allows photographers to capture professional images or saw is an essential tool for the carpenter, innovation is an essential tool for companies with visionary intentions to achieve its strategic objectives.

One thing that innovation delivers more than anything else is the market ...