There has been a tremendous amount of change in the area of leadership over the last twenty years. We have moved from an industrial age to an information age to the present idea age.
People in the industrial age were primarily paid for what they did. In the information age they will be primarily paid for what they know and in the idea age how well they think.
Add to this mix the power of technology and the rise of the ever changing and highly competitive global economy and you get the new realities for leaders in the 21st century.
The real tragedy is that most corporate cultures today are still leading and managing from an old positional leadership model rather than a new participative one. Under this model the leaders at the top make all of the decisions and the followers at every level simply carry out their instructions.
These old models are designed around preventing failure rather than ensuring success. The process is trusted and valued more than the people within the organization.
This core belief about leadership results in trying to manage people with a carrot and stick mentality instead of leading them as the most valuable part of your team.
All effective leaders in the 21st century will prioritize hiring great people and then empowering them to make decisions and take risks or they will absolutely fail in this new global economy.
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