BLUF
The article discusses the challenges facing organizational leaders in today's ever-changing business environment and suggests focusing on customer and employee needs, redefining value, adapting to technology, and implementing common success factors to prepare for the future.Summary
This article by Richard Chiumento, writing for Forbes, makes the following points:
- 84% of leaders believe integrating ethics and values into decision-making will provide a competitive advantage.
- Leaders must understand the opportunities associated with ongoing technological advances such as digitalization, AI and Chatbots.
- To build an innovation culture, leaders must develop: creative spaces, networks focussed on the future, and team and individual knowledge and skills.
References
Recent Runway Posts related to this topic:
- Why prioritising digital skills is essential for business growth – TheRunway (airforce.gov.au)
- How humans and AI can work together to create better businesses – TheRunway (airforce.gov.au)
References from the Web :
- NOV 2022 Small businesses building on survival skills – Buffalo News
- FEB 2023 13 Ways to Grow Your Business Quickly – Business News Daily
Source Information:
- Article Source: Forbes
- Media Check: Forbes - Media Bias/Fact Check (mediabiasfactcheck.com)
- RAAF RUNWAY: RATIONALE, GUIDELINES, LEARNING OUTCOMES, ETC