New Leadership Paradigm

The Knowledge Economy, the need for continuous innovation, technological advancements, globalization, changing workforce dynamics, demand for agility and adaptability, and the increasing complexity of problems collectively contribute to the evolution of business leadership from Hierarchial to Network Structure.

Hence, the emergence of a new organization and management approach (more inclusive, adaptable, and collaborative) that leverages the strengths and capabilities of individuals across an organization, promoting innovation, agility, and collective intelligence to more effectively operate and thrive in today's dynamic and interconnected world.

This excellent article by McKinsey & Company highlights how this new approach requires leaders to make fundamental evolutionary shifts in mindsets and ways of working.

https://www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/new-leadership-for-a-new-era-of-thriving-organizations