Leaders,
we all are busy, but it would be a shame if you missed what’s on these days.
1. Business & Trends
Tech Trends 2024
Generative AI is getting ahead and helping businesses grow. Do you leave data lying around? It might be time to use AI to analyze it.
“In a survey of leaders, improving content quality, driving competitive advantage, and scaling employee expertise were the most common reasons for deploying generative AI.” - Deloitte
Data governance defines the next steps, potential risks, and gaps. AI can help you analyze your performance and scale up your projects. How can you use it?
Shift to Developer Experience (DevEx): Companies are transitioning from traditional DevOps practices to a developer-first mindset called DevEx. This approach focuses on optimizing every interaction software engineers have with the organization to enhance productivity and satisfaction.
Read more in Deloitte’s 15th annual Tech report.
Global CEO Survey
45% of CEOs are not confident that their companies would survive over a decade on their current path. Pressure is on - technology, climate change, and megatrends affecting global business.
2. Insights & Research
Rethinking ambition
Randstad has published their Workmonitor with three focused areas:
A - ambition (work-life balance, flexibility, equity fueling up career decisions more than climbing the ladder)
B - balance (personal lives as priorities)
C - connection (employers must understand the needs and desires of their employees)
Leadership strategies for a strong and flexible work culture
“Many CHROs report that executive teams often base flexible work decisions on emotions and their attitudes about hybrid or remote work rather than data and a rational analysis of their organization’s requirements.” - Gallup
Gallup found out that while addressing flexible work arrangements is important even more is to have a good manager.
“Great managers are nearly four times more important than work location when it comes to employee engagement and wellbeing.”
3 Strategies to consider:
Understand how employees want to work
Ask how they feel about fixed working hours, about fixed home office, etc. Get to know their preferences to avoid lower engagement and burnout.
Switch From programs to conversations
Wellbeing programs seem to be outdated in 2024. They require large investments and they do not translate into ‘care’ very well.
Focus more on teaching managers how to talk to their teams, and how to build relationships, rather than investing in outsourced programs.
Support the hybrid manager
Train managers to coach, develop, and manage their remote teams.
Sadly leadership training is still missing and hybrid managers are more likely to report suffering from burnout compared with on-site colleagues.
3. Media
New books:
All In: How Great Leaders Build Unstoppable Teams by Mike Michalowicz
Women Money Power: The Rise and Fall of Economic Equality by Josie Cox
Born To Standout: A Modern Guide To Creating A Personal Brand by Bukky George-Taylor
Podcasts:
The Andy Stanley Leadership Podcast (short up to 20-minute episodes with bite-sized reminders and leadership wisdom)
Dare to lead (Conversations with change catalystsculture-shifters, and more than a few troublemakers who are innovating, creating, and daring to lead.)
Want more?
Sunday Challenge #3: Prioritization & Time Management
Thursday Newsletter: Lead for loyalty