Why leaders are being told to evolve or face extinction.
Leadership

Why leaders are being told to evolve or face extinction.

Global CEOs believe their organisation won’t be economically viable in 10 years’ time if they stay on their current path.   This is not just a warning but an urgent call to action. In PwC’s recent Global CEO survey, 4,410 chief executives all agree: you must “evolve or die”.   The turbulence of recent years, […]

October 4th, 2023
*

Abby.

Founder

A search expert making key hires for over twenty years.

Global CEOs believe their organisation won’t be economically viable in 10 years’ time if they stay on their current path.

 

This is not just a warning but an urgent call to action. In PwC’s recent Global CEO survey, 4,410 chief executives all agree: you must “evolve or die”.

 

The turbulence of recent years, marked by the global COVID-19 pandemic, economic uncertainties, and the sudden growth of AI, has reshaped the business landscape like never before. Sitting still is no longer an option. Unprecedented times like these emphasise the need for leaders to equip themselves and their teams with the skills necessary to be resilient, adaptable, and future-thinking.

 

One way to do this is by adopting a mindset called “Futures Thinking”, which arms leaders with the tools to anticipate and navigate the uncertainties of the future.

 

Let’s explore this in a bit more detail.

 

Futures Thinking: Explained

 

Futures Thinking emerged during the 1960s, a period marked by rapid change. It was influenced by groundbreaking new technology to significant economic shifts.

 

This approach introduced innovative techniques like ‘scenario planning’, which involves constructing different stories about the future to explore the various possible outcomes. Over time, these methods have spread to areas like government, technology, and everyday life.

 

Futures Thinking does not attempt to predict the future. Instead, it provides a toolkit of techniques to help you envision what could drive change and how that will shape the future. It allows you to explore the implications of these changes for present-day decision-making; influencing what, when, and how you do it. In essence, it is more of a creative and exploratory process than an analytical way of thinking that would seek to find absolute answers to reduce uncertainty. The approach is plural because it refers to a way of thinking that explores all the different possibilities that the future may hold.

 

Embracing Futures Thinking: A Blueprint for Leaders and Teams

 

The World Economic Forum recently highlighted a set of skills they believe are essential for the future. Interestingly, these skills perfectly align with what it takes to be an effective Futures Thinker: thinking creatively, being adaptable, and strategically envisioning potential futures.

 

To infuse this mindset into your leadership and team dynamics, consider these practical steps:

 

Environmental Scanning

Encourage your team to keep an eye on external factors like industry trends, new technologies, and global events. This can be done by regularly reading industry publications and attending conferences. Leaders can also put aside time in team meetings to have relevant discussions.

 

Scenario Planning

Fostering a culture of innovation is crucial. Work with your team to create different scenarios for the future and brainstorm various potential outcomes and challenges. Engaging in these discussions will help empower your team to be better prepared for what could be coming around the corner.

 

Innovation Culture

Encourage your team to explore new approaches to existing challenges; create a safe space for experimentation and learning from failures. Here is one of our favourite reads from Harvard Business Review on the 5 ways you can boost creativity on your team.

 

Cross-Functional Collaboration

Encourage collaboration across different departments or teams within your organisation. Cross-functional teams can offer diverse perspectives and insights, which can be valuable for identifying future trends and challenges.

 

By incorporating Futures Thinking into your day-to-day work and encouraging your team to do the same, you can help with the future-proofing of your company. Embracing change, staying vigilant, and being prepared for the unexpected are the keys to success in today’s dynamic business world.

 


 

Do you have an opening for an exceptional, future-thinking leader?

We can help you find your next superstar – click here to book a hiring consultation with us.

 


 

Keen to learn a bit more about us? Reach out to hello@yellowbricks.co.uk or 01628 566 447.

 


 

future proof mindset

 

🏡 Remote war rages on. What’s your take?

 

💼 3 Business Leadership Skills You Need to Hire in 2023

 

🧲 Want to attract the best talent? Here are 8 easy wins to get started

 


 

future proof mindset

 

💡 How to Give Your CV the Edge

 

🎯 8 Steps to Getting Your Career Back On Track

 

4 Leadership Skills That Will Turbocharge Your Career

 


 

Who We Are:

Yellow Bricks hires exceptional interim and permanent leaders for scaling organisations. Learn more here.

For more people, culture, and growth content like this, join our newsletter.

 


To find out more about how to focus on your brand, get in touch today.
Want to hear about our other articles?
Looking to hire your next superstar?
Keen to explore our latest vacancies?
Yellow Bricks is a female-owned and led executive search firm hiring predominately for software companies with diversity and inclusion at the heart of our offering. To learn more, click here.
Related posts
6 Tips for Working In Hot Weather

6 Tips for Working In Hot Weather

As the UK declares a national heatwave emergency with temperatures set to exceed the record set in Cambridge in 2019 of 38.7 degrees, we provide some useful tips for getting through a day of work in the sweltering heat. With the huge rise in people working from home, access to industrial-sized, state-of-the-art air-con units for […]
When and Why You Should Hire an Interim Contractor

When and Why You Should Hire an Interim Contractor

We have all experienced the effects of a hiring freeze.   Good people are leaving, workload is mounting, and those left behind are feeling overwhelmed.   As a manager, how can you complete the tasks expected from you while maintaining the happiness of your team?   While a hiring freeze puts a stop to engaging […]
Helina’s Takeaways from MADFest, London

Helina’s Takeaways from MADFest, London

Last week, I attended MADFest in Shoreditch, London! 🤩 It was a jam-packed day with many amazing brands and speakers joining together to celebrate the world of advertising and marketing! Being new to marketing, it was invaluable for me to be amongst and hear from many senior and experienced marketers.   Here are some of […]
C-Suite positions are rarely advertised. Here’s why and how you can win them.

C-Suite positions are rarely advertised. Here’s why and how you can win them.

Have you ever wondered why you hardly see job adverts for top-level executive positions?   It’s not just because these roles require a very specific set of skills and experience; there are several pretty good reasons behind it.   Let’s discuss and uncover how you can get onto the path to the C-Suite.   Why […]
5 Ways of Managing Stress as a Leader

5 Ways of Managing Stress as a Leader

As a leader, your people will look to you for guidance in times of challenge and uncertainty.   Trying to manage your team as well as yourself during these times can make you vulnerable to high stress that can become chronic if not dealt with properly.   Currently, 69% of executives are considering quitting due […]
How the Metaverse will change the Future of Work

How the Metaverse will change the Future of Work

Photo: Microsoft   Bill Gates predicts that within two or three years, virtual meetings will be taking place within the Metaverse. It is clear that changes to how we play, socialise, and work are coming sooner than we think 🎮 💬 💼 With the next decade heavily focused on its development, how will the Metaverse […]
Morning Habits for Success and Why They Work

Morning Habits for Success and Why They Work

What does your morning routine look like? 🌤️ We hear all the time that forming healthy habits in the morning is the key to starting off our day right. But why is that so? We discuss the most helpful morning habits for success and why they work.   Morning Habits for Success #1 – Ditch […]
How to Give Your CV the Edge

How to Give Your CV the Edge

Taking the time to craft your CV has never been so critical. A CV is often the first glimpse of you that a company has to decide if they want to consider you for a new job opening – standing out as a good match for their organisation is important.   Getting your CV to […]
4 Leadership Skills That Will Set You Apart in 2024

4 Leadership Skills That Will Set You Apart in 2024

Are you aspiring to lead in 2024?   If so, you’re in the right place.   It can be tough to figure out the best next moves to make in your career in a world that is constantly changing, and for those looking to lead, the demands of a leader are evolving faster than ever […]
4 Leadership Skills That Will Turbocharge Your Career in 2023

4 Leadership Skills That Will Turbocharge Your Career in 2023

Yellow Bricks Search dives into the latest and largest global study on leadership skills to show you what you’ve got to grow, where to start, and why it’s all important in 2023. Whether you’re looking to boost your career by getting that next promotion or a new role outside your company, one way to go […]

Join 2,500+ forward-thinking leaders.

People. Culture. Growth.
Unlock your leadership potential with our biweekly newsletter. No spam, only gold.