Four New Pillars Revolutionizing Leadership

In the blink of an eye, the world has shifted dramatically. Technologies evolve overnight, workplace dynamics transform before our morning coffee cools, and societal norms are rewritten faster than a tweet. Now nearly halfway through the 2020s, the ground beneath the traditional pillars of leadership is shaking—demanding not just adaptation, but a complete transformation in how we lead.

AI depiction of new leadership pillars

This is the first in a series of posts on new leadership imperatives for this decade and why they matter.

A few years ago, I began articulating growth principles for organizations aiming to stay relevant in the changing marketplace. These principles focused on shared growth, where the benefits and burdens of growth are distributed equitably, accompanied by a roadmap outlining the steps to achieve this. The first step in the shared growth roadmap is "A New Table" where who is leading and how decisions are being made are re-imagined.

Notwithstanding the recent ugly backlash from the Kentucky legislature against DEI principles, I’ve seen the more sophisticated corporations, organizations, and even governments embracing the principles of shared growth as essential for success in the 2020s, as well as new pillars of leadership required by these principles.

How the Demands of Leadership are Changing

Over the past several decades, certain key elements have consistently defined effective leaders:

1. Visionary thinking

2. Integrity and ethical behavior, lead by example, maintaining high moral standards and building trust

3. Adaptability and resilience in light of economic fluctuations, technological advancements, and social changes

4. Decisiveness

5. Empathy and emotional intelligence

6. Strong communication skills

7. Relentless focus on results, measurable goals and holding themselves and their teams accountable

8. Empowering and developing others

While this list has been seen as timeless since the Good to Great days, it’s no longer enough.

The Newer Pillars of Leadership

Some leadership imperatives have evolved significantly this decade. Here are a few that stand out:

1. Adaptability and Agility with Digital Proficiency: Of course, the speed of digital transformation today is unprecedented. Leaders now need a deeper understanding of digital tools, platforms, and data analytics.
   

2. Sustainability and Ethical Responsibility: Environmental and social governance has transitioned from a niche concern to a central strategic pillar. Leaders must integrate sustainable practices into their core business model.
   

3. Inclusive Leadership: Diversity and inclusion have become critical leadership imperatives. This goes beyond emotional intelligence and handling interpersonal relationships judiciously and empathetically. Today’s leaders are expected to actively foster an inclusive culture and ensure equity in their organizations, reflecting broader social changes and awareness.
   

4. Culture:  Key workplace cultural elements are now in the forefront and essential, including:

   1. Continuous Learning;

   2. Collaboration and Team Building;

   3. Transparency and Communication, particularly in decision-making; and

   4. Resilience and Mental Health Focus.
      

These aspects of leadership reflect a broader evolution in global business practices and societal expectations, marking a significant shift from past decades.

In the next article, we will discuss why leadership change is an urgent requirement now.