New Leadership Skills for a New Economy – Part One
Thursday, June 3, 2010 8:29
It’s a new economy out there. Old models of leadership are falling aside to make way for new thinking. Today’s leadership requires passion, open-mindedness and courage. Here is one way modern leaders need to adapt:
Be Transparent. Increased compliance regulations, accountability and an exploding online world have rung the death knell on hiding or obscuring information. What we once may have been able to conceal or delay is now surfacing virally through the internet, social media, and exposing documentaries (think Food Inc., Facebook, online TV). Leaders are held accountable not only to their shareholders and clients, but to society as a whole. In order to develop trust and confidence, leaders need to be transparent about their results, personal choices, and affiliations. Being transparent on a tactical level includes sharing successes and challenges with team members and key stakeholders, being self-aware about personal strengths and weaknesses, and coaching and mentoring team members to be proactive and tackle challenges head-on.
Check our blog next week for more ideas!












