MENTHER TECHNOLOGY
LEADING TECHNOLOGICAL TRENDS and their impact on business leadership
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nce upon a time where business was concerned, there was great emphasis on management versus leadership debates. Everyone was zooming into the different types of leadership where we all wanted to be led by transformational and charismatic leaders such as the late President Nelson Mandela and the former US President Barack Obama. With the introduction of the third and fourth industrial revolution the concept of “business unusual” was personified. Suddenly it’s not so much about the leadership style as it is about the technology that makes the organisation more effective and efficient. We can’t over emphasise the role that the Covid-19 pandemic played on changing the business dynamics worldwide. Suddenly managers and leaders were challenged.
Managers had to learn to manage the work and not the person. There was no room for centralized and hierarchical management styles. Everyone was forced to think on their feet. Leaders had to lead people into the unknown while reassuring both the customer and the staff members that all is well. The show had to go on somehow. Here are a few trends that have surfaced that we should note, as well as understand how
they have impacted business leadership. Virtual events and meetings: This platform provided a solution to allow work to continue. It allowed for remote meetings, conferencing and events while breaking international borders. This trend created new opportunities and sparked competition between companies.
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Blockchain: Became the buzz word making datamining the new currency. Although most people think of blockchain technology in relation to cryptocurrencies such as Bitcoin, blockchain offers security that is useful in many other ways. In the simplest of terms, blockchain can be described as a system of recording information in a way that is impossible to change, hack, or cheat. It’s basically data you can only add to, not take away from, or change.
Inspire | Connect | Empower
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