Leadership: A Glance into Challenges for 21st Century Leader
Abstract
Leaders have always been our source of inspiration, passion and motivation to make us believe, try and achieve things that we may not have envisioned to achieve. However, with the growing complexities, rate at which changes are occurring and other dynamics of the corporate world, the leaders and leadership is being tested more than ever before. It seems that the old leadership styles and fundamentals are not effective anymore or, may be, have lost their relevance completely.
This paper tries to look into the need of the contemporary business scenario and to understand the aspects that a leader must focus in order to defy the challenges in front of them. The paper propound that to be effective in such a scenario, there is immense need for widening the horizon, inclusion, managing and taking advantage of the diversity and focus on creating future leaders instead of centralized heroic figures called leader. This paper also strongly advocates that all this has to be built around a strong ethical system that rests on an accepted and internalized foundation of common and constant core values. Though the future is uncertain and hazy and still there is a long way to go in 21st century, by doing so the leaders will be able to be ahead of time and change, as a leader must.
Introduction:
“Management is efficiency in climbing the ladder of success; leadership determines whether the ladder is leaning against the right wall.” - Stephen R. Covey
Joel Barker, a futurologist gives us a simple, yet insightful definition of the term "leader." According to him leader is a person whom others "opt" to follow, to go someplace they would not go by themselves. That "someplace" is, of course, is a place in the future filled with uncertainties. This statement necessitate that a leader is a person who does not command followership. Rather, others "opt to follow" him.
Especially true in times of
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