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Organizations need a new type of leader. Why? Because as the world changed, the role has changed. Read Why the world needs more enterprise leaders in Raconteur a special B2B report, distributed by The Times.
This article features our point of view on Enterprise Leadership, KF Institute Research and quotes from our own Lucy McGee and Olivier Boulard.
Check out an excerpt of this piece below:
"In the past few years the world has undergone unprecedented changes. With that change comes the need for a new type of leader: the enterprise leader. This leader exhibits the humanity and agility to deliver a transformational impact on organizations, which aligns them with the demands of the new world. Yet, according to global organizational consultancy Korn Ferry the majority of leaders are not up to the challenge. Their research finds that less than 14% of today’s executives could be considered enterprise leaders.
Olivier Boulard, head of Korn Ferry’s EMEA CEO succession practice, says: 'The enterprise leaders that make up that 14% are defined by their ability to both perform—to run the organization—and to transform—to change the organization. They influence in a non-hierarchical way across the organization, and have an impact on all of the company’s stakeholders. Their ability to think more expansively about the context in which their entire sector is changing, and to show discernment in how to react to it is the fundamental step change between strong executive leaders and strong enterprise leaders.'
Leaders have always had to respond to multiple stakeholders simultaneously—shareholders, employees, and communities—but the social dimension is now more critical and visible than ever…"
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