Be Ready: Senior Execs Weigh in on Five Trends

Whether you’re an emerging leader, a seasoned pro or a top exec, you’ll want to take note of five important business and leadership trends.

The five trends are based on results from The Center for Creative Leadership’s groundbreaking research on “The Changing Nature of Leadership,” and data collected from 247 senior executives who attended CCL’s Leadership at the Peak program from July 2006 to April 2007.

Trend No. 1: The Rise of Complex Challenges. Most executives (91 percent, in fact) believe the challenges that their organizations face are more complex than just five years ago. According to the executives, the top factors contributing to the increased complexity are: internal changes to an organization, market dynamics, a shortage of talent, and globalization. CCL’s Corey Criswell, one of the authors of the study, reflects that, “The combination of changes in market dynamics and a shortage of available talent create a tough environment. It appears that organizations and individuals will have to keep doing more with less while responding even faster to changes in their industry and economy.”