By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Start Your Business Magazine
  • Store
    Merchandise
    Subscribe
  • Features

    Grow, expand and leverage your business..

    Grow your start up business with our experts and industry insiders…

    Get Started

    Quick Links

    • Agenda
    • Business Books
    • Marketing
    • Technology
    • Wellbeing
    • Finance
    Reading: Leadership

    Our Newsletters

    Our website stores cookies on your computer. They allow us to remember you and help personalise your experience with our site..

    Read our privacy policy for more information.
  • Book
  • Trending
    Uncategorized

    Protected: Promotional Products That Boost Visibility and Loyalty

    This content is password protected. To view it please enter your password…

    blog

    Scam Report: The Latest Trends in SMS Cyber Attacks

    Brands Most Frequently Imitated  by Scammers Many SMS scams impersonate businesses to…

    agenda

    Social Domestic Pleasure or Commuting?

    DRIVING TO A WORK MEETING OR A COMPANY AWAY DAY? YOU MIGHT…

  • Topics

    Topics

    • Agenda
    • Blogs
    • Book Review
    • Business Advice
    • eCommerce
    • SME Update
    Reading: Leadership
    • Events
    • Business Experts
    • Featured
    • Franchise
    • Growing Business
    • Health
    Reading: Leadership
    • Finance
    • Franchise Experts
    • How To
    • Interviews
    • Just for fun
    Reading: Leadership
    • Lifestyle
    • Making money
    • Manufacturing
    • Marketing
    • Money
    • Property
    Reading: Leadership
    • Starting Up
    • Taxation
    • Technology
    • Wellbeing
    • Women in Business
    Reading: Leadership
Reading: Leadership
Connect
Start Your Business MagazineStart Your Business Magazine
Aa
  • Magazine
  • SEO – Backlinks
  • Book: Start Your Business
Search
  • Agenda
  • Book Review
  • Blogs
  • Finance
  • Growing Business
  • How To
  • Interviews
  • Marketing
  • SME Update
  • Starting Up
  • Technology
  • Wellness
  • Contact
Have an existing account? Sign In
Follow US
  • RSS
  • Terms And Conditions
  • Privacy Policy
  • Contact
  • Licensing
  • SEO
Copyright © 2014-2023 Ruby Theme Ltd. All Rights Reserved.

Leadership

Start Your Business
agenda
Share
7 Min Read

10 Leadership Trends You Are Likely To See In 2023

After another incredibly tumultuous year leaders have been trying to steady the ship to navigate through the difficult times, but many are choosing to do more than survive and are aiming to get back to thriving beyond the profits, by focusing on culture, innovation and taking a long term view. These are the trends in good leadership we are likely to see in 2023.

1)     Visionary Storytellers. I recently interviewed Dean Carter who led global HR and Shared Services at the ground-breaking company Patagonia and is now a Director of Griffith Foods, the global traceable and sustainable food ingredients experts. He said: “A leader for me is someone who has a compelling view of the future and their way of looking at the future is a very compelling thing to align behind. They also know their vision always has to be possible and the team need to be able to clearly see the actions that can be taken to get there.” Dean argues that visionary leaders have a better way of communicating their mission and objectives and can harness their narrative in such a way that it makes people want to be a part of making that vision happen.

2)     Walk The Walk. Leaders will regularly need to re-examine if they are on track and are still aligned with their mission statement, values and purpose, and leading clearly with those at the forefront.  During tumultuous times we need responsible leaders more than ever. A recent study of nearly 700 US companies showed scant correlation between stated company values and employee perceptions of the organization so this will have to change in the very near future.

3)     Superb Tacticians For The Future.  Leaders understand they need to re-create a hybrid workplace where workers want to be, to see friends, explore ideas, make a difference, learn and find meaning. Do these things well, and retention problems will be eased. You have to make money to stay in business, but you keep employees during otherwise difficult times if they are engaged, learning, and increasingly enjoying themselves. As Dean said about culture: “If we’re talking about making it fun, it probably isn’t fun”, and advocated for CEOs who don’t take themselves too seriously.

4)     Nurturers. This means taking a firm line on sharing the burdens, reducing toxicity and burnout in the workplace, and wanting the best for colleagues’ mental and physical health. Being individual-employee-centric and offering flexibility and support are key.

5)     High Cultural Intelligence.  Senior executives and partners serve as a model for vision, purpose, and company culture and there is a 750% differential in profits at companies with aligned and mature cultures versus those that fail to cultivate their cultures. CQ is an easily learned and developed, but extremely important skill.

6)     Build Better Teams. Leaders who have high-performing C-Suites say they are 42% more effective at managing complex initiatives, 31% more effective at delivering stakeholder value, and 30% more effective at attracting top talent. During times of transition, such as a merger or private equity deal, the quality of a business’s management team is the most-cited reason for deal success and second for deal failure.

7)     Innovators. Technology is always evolving, offering new opportunities to CEOs looking to transform their business. That’s especially true when pursuing net-zero. It is also true for companies that are making the shift to put software at the heart of their business. Leaders will be looking for innovators with software experience and who want to explore the use of AI in the context of responsibility, trustworthiness and ethics. The trend is for an increasing number of members of the C-Suite to have software experience.

8)     Empowerers.   The best leaders are those who enable their people to make good decisions. Admiral Horatio Nelson is still today recognised as an inspirational leader and an incredible tactician. He knew that once the battle started, there would not be any possibility of communicating between ships so instead he empowered each of his captains to take decisions and risks. He did this by sharing his strategy and communicating in depth with them so they could act with autonomy because they really knew each other and understood the desired outcome. There has been a trend in leaders towards autocracy in recent years – this rarely works over a period of time and makes succession extremely difficult. Leaders need to empower, build morale and make their teams feel entrusted.

9)     Clear Succession Plan. The leaders of 2023 understand that they need to listen and learn from others to improve and grow themselves. We simply cannot do it all ourselves. These leaders also know that at some stage someone is going to do it better than them and power sharing is in the best interest of everyone, including ourselves.  Successful leaders will surround themselves not with sycophants but with people who will question them and provide alternative opinions, feedback and solutions.

10)  Authentically Support Important Causes. In 2016 Patagonia announced that it would donate 100 percent of its global retail and online sales from the shopping event on Black Friday straight to grassroots organizations that work in local communities to “protect our air, water and soil for future generations”. They made a record-breaking $10 million in sales during the event, a figure five times greater than expected, along with massive media coverage. As the cost of living and environmental crises rage on in 2023, expect to see leaders take bigger, more courageous and more meaningful leaps of faith to support important causes.

By Thom Dennis, CEO of culture change and leadership development specialists, Serenity in Leadership.

www.serenityinleadership.com

TAGGED: header

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Start Your Business January 3, 2023
Share this Article
Twitter LinkedIn Reddit Email Copy Link
  • RSS
  • Terms And Conditions
  • Privacy Policy
  • Contact
  • Licensing
  • SEO

Get the latest from us delivered straight to your inbox

Start Your Business Magazine: The Ultimate Business Start Up Guide provides information advice and guidance for entrepreneurs and new business start ups. Get the latest from us delivered directly to your inbox.

Our website stores cookies on your computer. They allow us to remember you and help personalize your experience with our site..

Read our privacy policy for more information.

Copyright 2023 Gambit Interactive Media Limited – All Rights Reserved.

Manage Cookie Consent
We use technologies like cookies to store and/or access device information. Cookies are used for ads personalisation We do this to improve browsing experience as well as show personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?