Why We Need 21st Century Leadership Right Now
IIn today's business landscape, companies face unprecedented global turmoil and uncertainty. Economic instability and geopolitical tensions make doing a forecast challenging (to put it mildly), pushing businesses to focus on cost management and risk-averse growth strategies.
Complicating matters is the diverse generational makeup of the workforce. Upper management, primarily baby boomers and Gen X, sets strategies that middle management must communicate to teams comprising Gen Z, Millennials, and some Gen X and baby boomers. Each generation brings unique perspectives and challenges:
- Gen Z: Questions strategies openly and is willing to leave if dissatisfied.
- Millennials and Gen X: Often skeptical, having experienced strategic shifts multiple times before.
Middle management is squeezed between senior leaders pushing for results and younger employees questioning the status quo. Traditional leadership approaches no longer suffice. Today's leaders must build respect, understanding, and authenticity. They must listen and adapt, rather than power through with outdated methods.
Supporting middle management is crucial. Without it, they may face burnout or failure as their teams disengage or leave. This problem is not going away: the future workforce, including Generation Alpha, will demand even more adaptive leadership.
Embracing this new leadership approach is not optional: it's imperative for organisational success in an ever-changing world.
This is something we’ve been pondering for a while now, and once we started saying this out loud to others – leaders and HR executives – we were met with a nod of recognition. We are thus not the only ones seeing this.
The crux of the matter then is HOW to address this. How do you move into 21st century leadership?
We doubt anybody has a ready answer – and we would be VERY wary of anyone telling you they do. Traditional approaches no longer work and trying to push this through for lack of better alternatives is going to be a painful experience. Approaching this with curiosity and openness, with a willingness to listen (TRULY listen, not listening to respond) will get you far. Including all generations into your conversations is essential – the ivory tower won’t do anymore.
We have a few ideas on how to facilitate these cross-generational conversations. It requires boldness and the willingness to let go of some control. The rewards, we reckon, would be huge though…