Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 32 n° 302

What CEOs Need to Lead in an Uncertain and Hyper-Connected World

Posted by fidest press agency su mercoledì, 21 gennaio 2015

Business School, Park End Street ., Oxford,DAVOS, SWITZERLAND. Chief executives today navigate a world unprecedented in complexity and unpredictability. Their success hinges on adaptability, authenticity, and continual growth in the role, even more than on preparation beforehand, according to The CEO Report, the product of a year-long global research partnership between Saïd Business School at the University of Oxford and Heidrick & Struggles (Nasdaq: HSII).The role of CEO is structurally unique and preparation therefore always incomplete, the report notes. Embracing a mindset of continual learning and curiosity is necessary for CEOs to cope with the uncertainty around them.Based on in-depth interviews with more than 150 CEOs from around the world and across business sectors, The CEO Report is one of the most comprehensive in-depth studies of CEO leadership capabilities. It identifies a suite of integrated skill sets that today’s senior-most leaders leverage to help them grow and thrive in a business environment marked by constant change and dissonance of competing stakeholder interests.“Senior business leaders must operate in a new normal of unpredictable change in a hyper-connected world,” said Tracy Wolstencroft, Heidrick & Struggles CEO and President. “Volatile business climates can provide a competitive advantage for those who are able to manage uncertainty and understand that the past alone is not an accurate predictor of the future.”“This research captures what it is to be a CEO today and the significant leadership challenges CEOs face. A picture emerges of leaders who are changing and developing as quickly as the environment in which they operate,” said Professor Peter Tufano, Dean of Saïd Business School. “This rich and detailed study gives us a deeper understanding of the needs of executives at the top of organizations and suggests ways in which we can support them in their personal development.”
Contextual intelligence is not enough today. CEOs need to continuously adapt to changing dynamics impacting every aspect of their business. “Ripple intelligence” – a critical finding in the research – is the ability to see the interactions of business contexts like ripples moving across a pond. It enables CEOs to envision how trends and contexts may intersect and change direction, so they can anticipate disruptions, make time to plan, and protect against being blindsided by unexpected events. Ripple intelligence also makes CEOs aware of their own impact and how it may influence contexts that might otherwise seem remote and unconnected.
“Ripple intelligence is a significant early warning system that CEOs are using to navigate the uncertainty and unpredictability of today’s world,” said lead researcher Dr. Michael Smets, Associate Professor in Management and Organisation Studies at Saïd Business School. “The report will help CEOs understand the dimensions of how to amass information and perspective so they can better navigate the ripples they can see, and anticipate those they can’t.”
“The research has given us a deep understanding of how CEOs are navigating these markets,” said Valerie Germain, Managing Partner, Heidrick & Struggles. “It is clear that they strive to find opportunity among the challenges, for both business and personal growth. There were many consistent leadership traits despite the diverse experiences of this wide-ranging group.”
“Both Heidrick & Struggles and Oxford’s Saïd Business School are committed to helping develop the next generation of business leaders to create greater impact in the world,” Wolstencroft said.

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