future-work & future-leadership in the digital age

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Future Work & Leadership World Business Dialogue Cologne, 9th March 2017

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Page 1: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

Future Work & Leadership

World Business Dialogue

Cologne, 9th March 2017

Page 2: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

Let‘s start with a quick

journey through time…

Page 3: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

3

From this…

Source: http://criticalperformancellc.blogspot.de; /www.digitaltransformationblog.com

Page 4: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

4

... over this…

1st

Mechanization,

water power, stream

power

2nd

Mass production,

assembly line,

electricity

3rd

Computer and

automation

4th

Cyber Physical

Systems

Source: Christoph Roser - "Faster, Better, Cheaper" in the History of Manufacturing

Page 5: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

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... to this!

Source: Christoph Roser - "Faster, Better, Cheaper" in the History of Manufacturing

1st

Mechanization,

water power, stream

power

2nd

Mass production,

assembly line,

electricity

3rd

Computer and

automation

4th

Cyber Physical

Systems

Page 6: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

So what do we have to cope with

today?

Page 7: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

7

Digital Data (from 2005 to 2020):

From 130 to 40.000 Exabyte

Facebook (2009 - 2015):

From 100 to 1.600 Mio. active users per

month

Google search queries (2014) per day:

2.100 bn

IoT (number of connected devices in

2014): 17 bn

We are living in exponential times…

Source: www.tairawhititechxpo.com

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…in which humans will improve themselves rapidly using artificial

intelligence!*

*“Explosion of intelligence“

Page 9: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

What does that mean for our work?

Page 10: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

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Routine activities are

totally digitized and

automatized!

Page 11: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

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Employees can focus on

value-adding activities…

Page 12: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

And what do we have to change

regarding our skills?

Page 13: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

13

(nearly)

everything!

Page 14: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

14 Source: ; hillcrestcleaning.co.uk; inteldig.com/

Old times…

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Top 10

Skills

Source: Future of Jobs Report, Word Economic Forum, 2016

Page 16: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

How should leaders react?

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17

Think & behave

ambidextrous!

At the same time:

Make the core business more

efficient (exploit) and create new

growth opportunities (explore)!

Page 18: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

18

Management Leadership

Processes that ensure the functioning

of the company:

Strategic objective target, prospective

planning and budgeting

Analytical segmenting and combining

Staffing and clarifying of the areas of

responsibility

Performance management

Solve problems after a failure

Introducing people to a vision:

Support and interest in others

Communication through words and

actions

Motivation, inspiration & Empathy

Revealing individual sense to work for

such organizational culture

Being a role model

Building teams and coalition

Source: Kotter, Leading Change

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19

If you want to build a ship, do not drum up the men to gather wood and share out the work but teach the men a longing for the wide, endless oceans

Antoine de Saint-Exupery

Page 20: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

More tangible please…

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Different failure culture!

Different incentive system for leaders!

No more control and demand!

Focus on company spirit, empowerment &

creativity!

What has to be changed to foster

innovation in a company?

Page 22: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

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Overall establishment of New Work:

Employer attractiveness

correlates with:

Creative Workspaces:

Democratic leadership culture:

Fast decision processes:

0,25

0,24

0,21

0,27 Overall establishment of New Work:

Revenue

correlates with:

Fast decision processes:

Democratic leadership culture:

Creative workspaces:

0,27

0,26

0,22

0,24

Overall establishment of New Work:

Employee fluctuation

correlates with:

Democratic leadership culture:

Fast decision processes:

Home-office:

– 0,25

– 0,22

– 0,23

– 0,24 Overall establishment of New Work:

Democratic leadership culture:

Fast decision processes:

Flexible hours:

0,37

0,36

0,30

0,36

Employee satisfaction

correlates with:

Page 23: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

23

Imagine the ideal leader!

What does he/she have to do

to boost your performance?

Page 24: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

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Detecon Study „Future of work and work organization (New Work)“

Top 3 of the most wished-for traits:

(1) Delegation of responsibility

(2) Support in gathering technical

knowledge

(3) Own responsibility in choosing

where to work

Imagine the ideal leader!

What does he/she have to do

to boost your performance?

Page 25: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

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Imagine the ideal leader!

What do you wish for the

future?

Page 26: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

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Imagine the ideal leader!

What do you wish for the

future?

Communicate clearly and openly!

Be authentic! Be a role model!

Convince me with your vision!

Involve me! Ask for my opinion!

Trust me!

Prepare your team to work in the digital age!

Detecon Study „Future of work and work organization (New Work)“

Page 27: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

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Do you know that guy?

“When I touch as

many people as I

can, I (…) become a

better CEO.”

Source: twitter.com

Page 28: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

28 Source: twitter.com

Create

enthusiasm!

Page 29: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

29 Source: twitter.com

So what can

you learn from

those lateral

thinkers ?

Page 30: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

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Think outside the box

CORE!

Page 31: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

31 Source: tesla.com; Los Angeles Times

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Mark Levy Head of Employee

Experience

Vision:

workplace as

an experience

“a job here should not feel

like a job but like a hobby”

Source: Airbnb.com; forbes.com

Page 33: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

33 Source: Justin Sullivan/Getty Images

“Employees are mature and

fully grown adults.

So we leave decisions to

their responsibility”

Page 34: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

So what have we learned so far?

Page 35: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

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My life is like

Rihanna‘s song

all I do is

work work work

and the rest of it I

don‘t understand.

Page 36: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

36

We need more flexibility regarding leadership (careers, skills etc.)

We need empathic, charismatic leaders with a real vision

However, there is no one-size fits all model:

Best leadership style depends on individual employee

Page 37: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

Most important…

Page 38: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

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Everybody

is a leader!

…you can‘t always put

the blame on those up in

the Management…

Page 39: FUTURE-WORK & FUTURE-LEADERSHIP IN THE DIGITAL AGE

Comments?

Ideas?