Recent research has once again confirmed lowe levels of trust in leadership among employees.
Aoibhinn McBride, "Only 21% of U.S. Employees Trust The Leadership At Work," The Hill, May 12, 2023.
In an April 2023 report, Gallup suggested that in order to foster or reinstate trust, leaders need to adopt a three-pronged approach:
communicate clearly
inspire confidence in the future
lead and support change.
New leadership styles are required in today's VUCA environment for those organizations working towards a sustainable future.
Aaron De Smet , Arne Gast , Johanne Lavoie , and Michael Lurie, "New leadership for a new era of thriving organizations," McKinsey May 4, 2023.
For decades, organizations were designed and managed for an industrial environment. They were geared toward preserving stability, scale, and predictability with a focus on maximizing earnings for shareholders, and they paid little attention to the broader—often unintended—impact of their actions. Not anymore. Many organizations have recently decided that this approach is ill-suited to today’s complex challenges, and especially ill-suited to the host of societal demands companies must now consider. The table below illustrates the 5 shifts McKinsey believes leaders need to experience.
