Leadership in the sixth wave. Excursions into the new paradigmof the Kondratieff cycle 2010 - 2050

1. Excursions into the new paradigm
of the Kondratieff cycle 2010 - 2050
Prepared by: Tran Thi Bao Thuy
Jan. 2017
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2. AGENDA
 Definition of Kondratieff Wave
 The drivers behind 6th Wave (2010 -2050)
 How did leadership become a strategic question?
 Human Capital and the sixth wave
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3. Kondratieff Wave
A long-term cycle presents in
capitalist economies that
represents long-term, high-
growth and low-growth
economic periods.
Kondratieff believed that these
long cycles were a feature of
the economic activity of
capitalist nations, and that
they involves periods of
evolution and self-correction.
Source: Kondratieff Wave, http://www.investopedia.com/terms/k/kondratieff-wave.asp, last accessed 08/01/2017 3

4. 1. Key Megatrends:
 Globalization: decentralization of the power centers
 Demographic change implying aging and longevity
2. Key trajectories for social change
 The expansion of resource efficient technologies
 The rise of the bio-economy
 Digitalization and dematerialization of economies
 Growth of health services
3. Key innovation platforms
 Maturing environment concerns
 Web-based empowerment of the people
 The rise of complex societies
The drivers behind 6th Wave
Source: Leadership in the sixth wave—excursions into the new paradigm of the Kondratieff cycle 2010–2050 - Markku Wilenius, Springer 2015, pg. 5
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5. How did leadership become a
strategic question? (1)
From profit grabbing to human capital:
 The future vision and strategic goals of the company
which motivate employees.
 How individuals see their own future as part of the
future of the company
 How the company supports the balance between work
and leisure
Source: Leadership in the sixth wave—excursions into the new paradigm of the Kondratieff cycle 2010–2050 - Markku Wilenius, Springer 2015, pg. 6
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6. How did leadership become a
strategic question? (2)
Post-material values of the future. The need for
organization leadership reflects the larger value shift
in our societies.
 Freedom of self-expression
 Quality of life
Source: Leadership in the sixth wave—excursions into the new paradigm of the Kondratieff cycle 2010–2050 - Markku Wilenius, Springer 2015, pg. 6
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7. Human Capital and the 6th
wave
 The company needs a vision that motivates and
charges its employees
 Social ends become business ends. Creating
shared value becomes a norm how companies
strategies
 Employees must be shown how they can use
and develop their skills comprehensively within
the organization
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Source: Leadership in the sixth wave—excursions into the new paradigm of the Kondratieff cycle 2010–2050 - Markku Wilenius, Springer 2015, pg. 8

8. Summary
The emerging sixth Kondratieff wave requires
that leaders are ready to open up for reality. In
their behaviour, they should be direct,
transparent, and empowering.
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9. References:
 Leadership in the sixth wave—excursions into the new
paradigm of the Kondratieff cycle 2010–2050 - Markku
Wilenius, Springer 2015
 Kondratieff Wave,
http://www.investopedia.com/terms/k/kondratieff-wave.asp
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10. 10
Thank You
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