The evolution of populations is impacting the global workforce. Both developing and developed countries are experiencing talent shortages as their workforces evolve. Rapid growth in developing nations and retiring baby boomers are creating talent shortages.
Leadership will require strategic planning to acquire skill sets for just in time staffing, creativity in job design and unique sourcing strategies.
Retention
39% of respondents to a 2006 Watson Wyatt survey identified retention of qualified workers as a major issue for their organization.
Studies have shown that people leave organizations more often because of poor management and leadership than for any other reason – including pay.
Skills to motivate and reward individuals and teams will be more critical than ever. Hiring for culture fit and leading in a way that makes people want to follow is the best way to keep people!
Innovation
Innovation will be a pre-requisite for success and therefore even more of a corporate priority than the results from the AMA/HRI Innovation Survey indicated in 2006. Survey respondents believe innovation will be more important over the next decade – and yet they say organizations are only moderately good at it.
And current data implies that the majority of innovation efforts fail to meet or exceed return-on-investment goals. Why?
Successful innovation does not just happen. Tone at the top or leadership will continue to be the key driver in creating and sustaining a culture for innovation. The biggest barriers are:
• Insufficient resources
• No formal process or organizational consensus on how to evaluate new ideas; which ones to select or pursue and when to terminate projects
Leaders will need to:
o Have the ability to select the right ideas
o Develop sound strategies
o Design suitable organization structures
o Reward appropriate risk taking
o Focus on Customer long term needs
o Foster teamwork, communication, collaboration
o Balance company controls with freedom to innovate
o Value diversity
o Measure success
Future leaders must shape the organization, its culture, and philosophies in a way that allows creativity and innovation to thrive.
Unfortunately, too often leaders have the opposite effect in organizations. If not properly selected, developed and motivated, they can disrupt innovations by creating bureaucracy, squashing new ideas or withholding autonomy from team(s).
Becoming a good leader in the next decade will not be easy. Organizations must start now to develop high potentials. Selection and retention programs and succession plans really need to take these future skill requirements into account.
The New Leadership Frontier - To learn more about this author, visit G.J. Miller's Website.
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Dianne Crampton
Dianne Crampton is an Executive Leadership Coach and Team Building Consultant and creator of the TIGERS team development model. For the past twenty years she has helped leaders and teams achieve goals with high levels of collaboration and teamwork.
Crampton is a published author. Her contribution to Working Together: Diversity As Opportunity was endorsed by Stephen Covey. She has written for trade magazines. Merrill Lynch nominated her business for Inc. Magazine’s regional small business and entrepreneurial awards. Her work with Native Americans was recognized at a United Nations sponsored conference in 1994.
The TIGERS model passed two rigorous validation studies in 1992 and 1994. The TIGERS Survey is able to measure and track team development over time.
Dianne is also the creator and distributor of the TIGERS Team Wheel game. This game helps groups identify behaviors that build collaborative groups and behaviors that cause conflict, morale problems, production failures, and misunderstandings.
For more information, or to subscribe to TigerTracks, a free monthly leadership and team newsletter go to http://www.corevalues.com - Visit Dianne Crampton's Website |
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Dr. John Oda
John Oda Ph.D NLP is a business peak performance expert, an author, and speaker frequently called upon to provide corporate training, workshops and seminars for many companies in the United States. He is an expert in coaching sales and business professionals in overcoming the behaviors and obstacles that may impede their sales results and affect their bottom line. Since 1995, John has created a speaking bureau such topics, which include: time management, sales training, human diversity, leadership programs and etc. He provides companies with a strategic plan to increase their bottom line by over 25 percent yearly. - Visit Dr. John Oda's Website |
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G.J. Miller
(Visit G.J.'s Website)
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