Leadership for the Fourth Industrial Revolution
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Rapid advancements in digital, demographic and social shifts, increased competitive pressure and customer expectations are changing the way we work. To thrive, in this age requires a culture of care, engagement, adaptability, and innovation. Topics covered in this presentation include: What are the mega trends driving change at work? What is leadership in this age? How do we design organisations and teams for high-performance? What are the skills and jobs of the future?
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Leadership for the Fourth Industrial Revolution
- 1. Leadership for the Fourth Industrial Revolution Dr Susan Entwisle @SusanEntwisle
- 4. Digital is Rapidly Transforming our Lives
- 7. Exponential Increase in Unicorns H o m e L i f e Wo r k Source: Increasingly Crowded Unicorn Club, Private Companies Valued at $1B+, 2017 Date of $1 Billion Valution
- 8. 8 Automation & Augmentation in the Workplace
- 9. Ethics, Trust and Security Communication Asset Protection & Security Unbiased Intent Explainable
- 10. Our Changing Demographics and Ways of Work > 50% Workforce are millennials Four generations in the workforce Diversity and inclusion Rise of Gig Economy Flexible and Remote Workers Agility & Partnerships
- 12. By 2027, more than three-quarters of S&P 500 will be companies you have never heard of yet. New revenue streams Increase business efficiency Increase employee productivity
- 13. $140 by 2025 Digital Opportunity $250- Billion Billion
- 14. How do you lead in this complex time with enormous opportunity?
- 15. Source: Jacob Morgan § People obsessed. Genuine care to create value. § Seek to understand. § Bold strategic vision and execution. § Capability and culture of results, empowerment and accountability. § Timely clear and concise communication. § Relentless and continuous improvement over the long-term. Leadership Creating Culture of Care
- 17. Business Agility Needed to Thrive
- 18. Source: Jacob Morgan § Hyper Realists § Diverse of Thought § Challengers § Open Minded Building Innovation Culture Public Customers Employees Partners & Suppliers Competitors Innovation
- 19. Human brain has two cognitive decision-making systems. Cognitive Decision Making Source: Thinking, Fast and Slow, Daniel Kahneman, 2013. Thinking Fast: System One (Default) Quick, automatic, emotional and intuitive. Subject to human cognitive biases. Thinking Slow: System Two Slow, conscious, deductive and logical. Deliberate effort required. Prone to analysis paralysis.
- 20. Thinking Fast Cognitive Bias Facial Recognition Stereotypes Attractive People Earn 3 – 4% more Focus on recent events First 10 seconds
- 22. Harness the Power of People Analytics Operational HR 1900s Strategic HR 2000s Data-Driven HR Now