Few days back when I entered my office, I heard a voice addressing me as “Boss” I looked back and saw a manager from my finance department, who wanted to hand over some reports. I said to myself why people use the term Boss – the most abused term in corporate world. In the movies, particularly Bollywood movies – “Boss” is always a villain or a gangster and always beaten up by the hero in the end. In my opinion, no one should address a person who leads a group of people, as “Boss” unless he or she behaves like a villain. The term Boss had taken a real beating in recent times for almost all businesses.
Also in my recently concluded management meeting, I saw my leadership team challenged on managing the teams that have a mix of experience and Millennials. People are grappling with the situation on how to manage and succeed in this fast changing business world. This is the challenge I think almost all the companies are facing today. Today’s leaders need to change the style of functioning if they have to succeed in this complex corporate world. Gone are the days when leaders use to sit behind the desk, and drive the operation of the company.
We need leaders who are more of mentors who can bring spark actions in the teams. I call such leaders as Synergist leaders or in simply put in management jargon a Catalyst Leader. These leaders represent a new emerging standard in the leadership – Energetic, forward-thinking, high action oriented and great mentors. We all live in an emotion-laden world where people need high interactions. The social media also have not made life easy to lead. It comes up with its own challenges. We, as leaders cannot use these channels to communicate what we think is right – but to understand what other think is right and then take appropriate decisions or actions.
A successful leader will never hide behind a keyboard solving problems, but instead he connects with his teas by really listening to their challenges and showing empathy. This build trust in the team, show respect and increase productivity. I think a leader’s future success will depend on his/her ability to become one of the Synergist leader.
Also sometime people use the phrase “Innovative leaders make companies great”. I also heard some smart people say that Organizations that do not innovate they die. I tend to disagree with both these statements. In my opinion,
1. Organizations cannot innovate but people can.
2. There will only be one type of leaders – Catalyst Leaders who spark the environment of innovation
In today’s world, leaders need to win the trust of its employees. As businesses escalate their adoption of employee-focused Big Data, analytics, leaders need to step up to a new role for which few are prepared. Leaders must address this and intervene to become Data Stewards on behalf of the workforce. If left unchecked, the severe consequences for employee trust, well-being, and retention stemming from inaccurate and misleading employee data will worsen in future. Only proactive, data-savvy leaders will have the know-how and credibility to make sure every data point gathered from or about their employees is truthful, meaningful, and fair.”
I am sure that next generation of leadership will be well prepared to handle the challenge of fast changing corporate world.