The world of business is undergoing rapid changes. Today's workforce demands a new leadership style that includes a distributed power structure and an entrepreneurial and digital DNA. Several industry reports suggest that top management is on the hunt for leaders who can build their capability and mindset to be sharp, agile, and prepared to take on multiple roles and complex challenges. It's one reason why 90% of CEOs in India would like to invest in leadership and talent development over the next three years (According to the 24th Global CEO Survey - The India Outlook, PwC, 2021).
Responding to these trends, the significant roles and responsibilities of a leader include:
Coaching team members on achieving goals and developing the necessary skills to accelerate their career
Identifying the strengths and weaknesses of the team and formulating a business plan that ensures timely deliveries
Establishing effective organisational structure and communication protocols
Organising initiatives to increase work efficiency, productivity, and motivation
Problem-solving business challenges and tapping opportunities for business growth and success