The world and technology are changing at break-neck speed. It is ever more important to support and inspire the workforce through leadership and management.
The emerging trends with AI leading the way, highlighted by McKinsey and summarised below.
- HR Functions are at the forefront of how generative AI technology works. With personalised leadership and talent development programs, and employee engagement.
- What AI cannot do is help employees improve their strategic and soft skills.
- Data-driven insights helps teams make more informed strategic decisions
2024 is the year of the manager, where managers are needed to help organisations navigate changes brought on my technologies. Managers are no longer just supervisors, they are mentors, change agents.
McKinsey has identified 8 key priorities for the CEO and the are:
- -Leveraging generative AI across business operations and scaling its applications
- -Outcompeting with technology by fundamentally rewiring organisations to extract maximum value from digital transformations
- -Navigating the energy transition, which represents a significant capital reallocation
- -Identifying and leveraging organisations’ unique strengths
- -Appreciating the critical role of middle management
- -Ensuring resilience against geopolitical disruptions
- -Driving continuous growth
- -Navigating the complexities of a fluctuating macroeconomy
The CEO needs to learn how to harness the power of AI in their organisation, therefore upskilling the employees as needed.
The leader is once again asked to step up to the podium, ensuring AI is implemented effectively through the organisation, managing change and looking after their people.