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Navigating the Unknown: Leadership in an Era of Uncertainty

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 Leading through the mists of uncertainty can feel formidable; yet, it unveils a chance to display resilience, adaptability, and visionary leadership. Here are a tapestry of strategies to amplify your prowess in traversing unpredictable realms: Embrace Flexibility and Adaptability Stay Agile: Nurture a malleable work atmosphere that empowers teams to swiftly shift and respond to emerging insights and changing tides. Iterative Planning: Break down long-term visions into smaller, manageable milestones that can be recalibrated as needed, allowing for continual reassessment and evolution. Communicate Transparently Honest Updates: Keep your team apprised of the current landscape, even when the news is less than favorable. Transparency begets trust and ensures collective alignment. Open Dialogue: Foster a space where team members feel emboldened to express their concerns and ideas, enriching insights and uplifting morale. Focus on What You Can Control Identify Priorities: Direct your ene...
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5 million jobs to be lost by 2020

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We are seeing an era of unprecedented change in the way we work. Rapid advancements in the fields of technology, such as artificial intelligence and machine learning, and in how we create things, such as robotics, nanotechnology, 3D printing and biotechnology, will dramatically change the characteristics of the global workforce.

The Fourth Industrial Revolution is changing the workplace fast, and we will need to adapt our skills to be ready for it.
What will happen to jobs?
According to the Forum’s Future of Jobs report, some jobs will be wiped out, others will be in high demand, but all in all, around 5 million jobs will be lost.

Already jobs exist now that had never been heard of five years ago: the role of data scientist, which is in huge demand, is one example.

Other jobs will start to require skills not previously associated with them. Those working in sales or manufacturing, for instance, will need a better grasp of technology, thanks to the advent of the internet of things.

How can we prepare?
Everywhere we look, skillsets will need to be radically altered to keep pace with the changes taking place in the world of work. If businesses are to keep up with the disruption brought on by the Fourth Industrial Revolution, they will need to help their staff learn new skills.

The businesses that thrive will be those that put talent development at the centre of their operation. Using data analytics, HR functions will need to learn how to look ahead, analysing skills gaps and working out how to align their workforce to meet current and future challenges.

Workplace diversity will become even more important, and the shifting physical and organizational boundaries of the workplace will allow talent to be sourced globally – and remotely.

The pace of change of the Fourth Industrial Revolution will vastly outpace those that have gone before. The impacts are already being felt, and, according to this report, most drivers of change will be well embedded by 2020. The need for urgent action is clear.
content source: WEF 

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