Eight Executive Leadership Trends For 2020
If you're the leader of a business, these are the trends you need to keep track of this year
Source | www.entrepreneur.com | Gavin Cheadle
Global leadership is answering the call of a world that is demanding change. Change in the way business approaches three key things: trust, knowledge transfer, and cultural dynamics. Now in its fifth edition, the Eight Executive Trends for 2020 report by Page Executive, the executive search arm of global recruitment firm PageGroup, explores the new forms of leadership that stem from the idea of integrating transformation at every level in business. If you’re the leader of a business, these are the trends you need to keep track of this year.
TREND #1/ FINANCE: THE TRANSFORMATIONAL CFO
Today’s Chief Financial Officer (CFO) is much more than a number cruncher and analyst. As digitalization and automation reshape the working environment, new skills are increasingly important, in some cases nudging the harder edge of technical prowess to the side. CFOs are being summoned to build trust throughout the organization. Their transformative efforts are a unifying force between the market and the C-suite. Financial decisionmakers need to embrace disruption that focuses both on the short-term impact, as well as the long-term, to pilot companies to success. In today’s rapidly transforming environment, CFOs must go beyond numbers to develop interpersonal skills, strategic leadership, and digital savvy. They must build trust, addressing current concerns like cybersecurity, while retaining their role as the “conscience” of the business.