He can no longer afford to be the faceless top of a chain of command. It behooves the modern leader to develop a variety of decision making skills, such as honing his intuition, learning to quickly recognize developing patterns and trends, and quickly communicating his directions and intentions. This also means that today's leader must be able to show the way through times of crisis and change. A leader's ability to calmly steer a course in times of turmoil is crucial to the survival of any enterprise. Finally, a modern leader needs to think and act strategically. He must plan out the future course of action and guide the organization toward achieving the vision he has articulated. He must be able to hold fast to the vision even as he adapts to an ever changing world.
Charlene Li (2010) addresses the changes technology has brought to the way organizational leaders conduct their business. Li talks of a new culture of sharing, in which more and more people are going online accessing social sites and sharing both positive and negative information concerning companies, their products and their policies. Social media has not only empowered customers, but has also given employees a new way to collaborate with each other, as well as new opportunities to publicly grumble about their jobs.
Li (2010) writes about how the information age is influencing today's leaders and managers. She contends one of the results of these new technologies is force leaders to open up and become transparent creating open leadership, which she defines as "having the confidence and humility to be in control while inspiring commitment from people to accomplish goals" (p.14).
She believes that the consequence of open leadership will be the establishment of new relationships that will generate new rules for leaders and how organizations are managed. In today's world, Li (2010) contends, leaders have to respect the notion that customers and employees have power. Once this is accepted as true, leaders can establish a real and more equal relationship with them and strive to build trust. In today's viral environment associations also come from the daily conversations that take place on new technologies like blogs, social networks, and Twitter. The constant successful interchange of people sharing their thoughts, activities and concerns results in relationships. The heart of any successful relationship is trust, which is typically is formed when people do...
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