What it takes to be a great leader | Roselinde Torres | TED

TED6 minutes read

A study of 4,000 companies found that 58% face significant talent gaps in leadership, highlighting the ineffectiveness of current development programs despite heavy investment. The author, drawing from extensive experience and a year-long study of global leadership practices, argues that successful 21st-century leaders must anticipate changes, foster diverse networks, and be willing to abandon outdated practices.

Insights

  • A study of 4,000 companies found that 58% struggle with significant talent gaps in leadership roles, highlighting that current leadership development programs are not effectively preparing leaders, despite heavy investments in training and coaching.
  • The author, drawing from 25 years of experience and a year-long examination of global leadership practices, stresses that effective 21st-century leadership hinges on three key questions: anticipating changes, fostering a diverse network, and the courage to let go of outdated successful practices, which are vital for thriving in today’s complex environment.

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Recent questions

  • What is effective leadership?

    Effective leadership is the ability to guide and influence individuals or groups towards achieving common goals. It encompasses various skills, including communication, decision-making, and emotional intelligence. In the context of modern challenges, effective leaders must also be adept at anticipating changes in their environment, fostering diversity within their teams, and demonstrating the courage to innovate and adapt. This means not only relying on past successes but also being willing to explore new strategies and ideas. Leaders who can navigate these complexities are better equipped to inspire their teams and drive organizational success.

  • How can I improve my leadership skills?

    Improving leadership skills involves a multifaceted approach that includes self-reflection, seeking feedback, and continuous learning. One effective method is to assess your current leadership practices against key questions that highlight areas for growth. For instance, consider where you are looking to anticipate changes in your industry and how diverse your professional network is. Engaging with individuals from various backgrounds can enhance your problem-solving capabilities. Additionally, being open to abandoning outdated practices in favor of innovative solutions is crucial. By actively working on these aspects, you can develop a more effective leadership style that meets the demands of today's dynamic environment.

  • What are common leadership challenges?

    Common leadership challenges include managing team dynamics, navigating organizational change, and addressing talent gaps within leadership roles. Many leaders struggle with effectively preparing their teams for future challenges, often due to reliance on traditional development methods that may not address current needs. Additionally, leaders may face difficulties in fostering a diverse and inclusive environment, which is essential for innovative problem-solving. The ability to anticipate changes and adapt strategies accordingly is another significant challenge. By recognizing these obstacles, leaders can take proactive steps to enhance their effectiveness and better support their teams.

  • Why is diversity important in leadership?

    Diversity in leadership is crucial because it brings a variety of perspectives and experiences that can enhance decision-making and problem-solving. A diverse leadership team is more likely to understand and address the needs of a broader audience, leading to more innovative solutions. Furthermore, diverse teams can anticipate changes and challenges more effectively, as they draw from a wider range of insights. Emphasizing diversity also fosters an inclusive culture that encourages collaboration and creativity, which are essential for thriving in today's complex business landscape. Leaders who prioritize diversity are better positioned to navigate challenges and drive organizational success.

  • What makes a great leader?

    A great leader is characterized by several key traits, including vision, empathy, and the ability to inspire others. They possess a clear understanding of their goals and can communicate this vision effectively to their team. Additionally, great leaders are empathetic, recognizing the individual needs and strengths of their team members, which fosters a supportive environment. They also demonstrate courage by being willing to take risks and abandon past successful practices when necessary. This adaptability, combined with a commitment to continuous learning and improvement, enables great leaders to navigate the complexities of modern leadership and drive their organizations forward.

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Summary

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Leadership Gaps and the Need for Change

  • A study of 4,000 companies revealed that 58% reported significant talent gaps in critical leadership roles, indicating that existing leadership development programs are failing to cultivate effective leaders despite substantial investments in training and coaching.
  • The author, with 25 years of experience advising over 200 CEOs, observed recurring failures in leadership preparation, exemplified by stories of leaders like Chris, who failed in new roles, and Sidney, a frustrated CEO with only one capable leader among the top 50, highlighting the widening leadership gaps.
  • The author undertook a year-long study of global leadership practices, including insights from Nelson Mandela in South Africa and impactful nonprofit leaders, to identify effective leadership characteristics and preparation practices necessary for thriving in the 21st century.
  • Effective 21st-century leadership is defined by three critical questions: 1) Where are you looking to anticipate changes? This involves reviewing your calendar, travel, reading, and discussions to identify potential discontinuities; 2) What is the diversity measure of your network? Leaders should cultivate relationships with diverse individuals to enhance problem-solving; 3) Are you courageous enough to abandon past successful practices? Great leaders take risks and embrace new ideas, often supported by those outside their usual networks.
  • The author emphasizes that traditional leadership development methods are inadequate, and answering the three questions about anticipation, diversity, and courage is essential for becoming an effective leader in today's complex and rapidly changing environment.
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