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
UK Visa Sponsorship: Explained

UK Visa Sponsorship: Explained

Employing a motivated, overseas worker: Not hard, not expensive   Immigration Law is often considered procedurally complex, expensive, and bureaucratic. I’ve omitted those parts to show employing an overseas worker doesn’t have to be a burden.   The following attempts to simplify a path for the employment of overseas nationals in the UK. To do […]
3 Business Leadership Skills You Need to Hire in 2024

3 Business Leadership Skills You Need to Hire in 2024

In the fast-paced and ever-changing business landscape of 2024, hiring the right leader is critical to organizational success.   As Deloitte found, businesses with a culture led by great leaders were 12 times more likely to have high business performance.   But you’ve got to know what to hire! And that can be difficult to […]
6 Gender Biases in the Workplace and How We Can Address Them

6 Gender Biases in the Workplace and How We Can Address Them

As humans, we have biases.   They can be deliberate or unconscious and can impact all areas of society 🌍   They stem from stereotypes and assumptions we have about different groups of people.     Why do we rely on stereotypes? We have a conscious and unconscious mind that works in two different ways. […]
8 hacks to attract the best talent in 2024

8 hacks to attract the best talent in 2024

Our product is people, which means that we have to evolve constantly.   Staying adaptable and open to change is crucial to navigating the complexities of finding and attracting exceptional talent.   One thing we stand by is that people MUST be treated as people; if you want to attract the best, it takes dedication, […]
8 Habits That Will Make You a Better Leader

8 Habits That Will Make You a Better Leader

It’s the start of a shiny new year ✨   Your people will be looking to you for guidance and reassurance as we enter more uncertain times.   Building strong foundations by adopting helpful habits will help you to be the best leader you can be.   Here are our top 8 habits that will […]
London receives record investments into Impact Tech

London receives record investments into Impact Tech

London has become one of the fastest-growing hubs for impact tech with start-ups. Up to the end of 2020, the UK had secured more investment in the past 5 years than any other country in the world, in 2020 an astonishing £950m was raised.
Returning to the office – should employers be marching their employees back? 

Returning to the office – should employers be marching their employees back? 

Returning to the office? Just a few years ago, it was a luxury to work from home. A lot of bosses were sceptical, and employees faced a losing battle to get more than a few days working from home. But, since the arrival of Covid-19, it has become the standard way of working for desk-based […]
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 […]
Supercharge Your Pipeline: 5 Tips for Quality Candidate Feedback

Supercharge Your Pipeline: 5 Tips for Quality Candidate Feedback

Want to grow your people pipeline?   The most common complaint from candidates is a need for more constructive feedback; considering the candidate has invested time in your organisation, is it only fair to provide some constructive feedback to help the person with their future job search?   With so many leaders feeling uncomfortable giving […]
5 career-boosting moves women can make

5 career-boosting moves women can make

As the leader of an independent search firm, I am privileged to witness, influence, and guide the remarkable achievements of women entering and excelling within leadership across diverse industries. The resilience, talent, and dedication I see daily is truly inspiring.   As we head into International Women’s Day this week, I wanted to reflect on […]

Join 2,500+ forward-thinking leaders.

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