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A well-rounded leader in this capacity must do more than keep the lights on digitally; they define the very contours of how the organization engages its customers, develops internal talent, and monetizes digital assets. The modern digital chief now wields a broader strategic lens, serving as a linchpin across the C-suite.
And with today’s digital economy and globalized markets making organizations more and more decentralized, it’s getting harder than ever for workers to create meaningful relationships with others. Millennials and Generation Z crave purpose as well as ethical behaviors from their bosses. A recent MIT study underscores this.
This concept helps maximizing employee potential by encouraging trust through transparency, decentralizing decision-making and inverting the organizational hierarchy. Vineet Nayar of HCL Technologies pioneered the concept of Employee first and customer second. why is everyone smiling? why is everyone smiling?
The Rise of Holacracy: The trend towards decentralized leadership—sometimes known as holacracy—challenges the traditional hierarchy of organizations. Building a Moral Framework for Machine Decisions: With AI making more decisions in the business, ethical considerations are becoming crucial. Digital fluency is a must-have.
But after the Great Recession of 2007-2009, when developed economies effectively froze in place, their appetites only sharpened. In contrast, in 2010 in Borneo Churchill Mining lost the right to use land it had purchased and spent $40 million surveying when Indonesia decentralized its government and a local authority changed the rules.
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