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Leadership philosophy in the industrial revolution 4.0



Each day we are looking at the changes that occur in technology. We are the current witnesses of the expanding gap that exists with technological progress and its impact on the people. Whether it is an implementation of Artificial Intelligence in real-time applications or 3D printing they have always threatened our lifestyle when we fail to keep up with the developments. Multiple concepts like 3D printing, artificial intelligence, biotechnology, energy storage, and other factors are expected to grow more in this fourth industrial revolution, and how leadership philosophy is expected to alter along with the revolution.


We can already see leaders making progress in the field of management. Let us now take a look at the four personas that make leadership a better option.


Social supers


Leaders with social persona skills place their main focus on social initiatives that might act as a fundamental part of the business. These leaders focus on their economical and social status that promotes their product in return. Their entire workforce would be open to digital transformation through regular training. Bina social super allows them to maintain a balance between performance and profit.


Data-driven decisions


Even now despite the revolution in digital technology some organizations struggle to make data-driven decisions. But with leaders who focus on data-driven decisions, the development is better. Taking strategic decisions based on datas can improve the profit of the business combined with production capacity. Leaders who have used the data-driven decision showed a 5% increase in their annual growth while the others experienced poor results.


Disruption drivers


Most of these leaders understand the factors that separate their organizations from the others in the industry. Their confidence acts as the base to cope with the unknown factors of the industry. They are ready to launch disruptive technologies regardless of the issues and they move along with the defined decisions that are supported by data and input from stakeholders.


Talent champions


These leaders come along with the ability to be ready for everything. Most of the year employees are always focused on constant training with the latest technology that is adopted into their industry with open hands. They never stay away from tying up a new concept and research constantly to come up with ideas that might make their products unique from the others. Nearly 64% of the leaders have generated outputs through socially driven ideas.


Conclusion


All these developments have altered the current leadership qualities. Industries nowadays focus on the latest digital techniques and training to improve their fame, production, and profit. A perfect leader comes along with the ability to alter the situation at hand. Show selecting the perfect CEO combined with executives and managers is the requirement of the board for the future of their organization.


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