Ever thought about what management will be like in the future? Former McKinsey director Stefan Heck and director Matt Rogers have. In this short video they discuss what leaders need to know in order to think in new ways about products, services, and technologies:
In the future leaders will need to be aware of things coming from completely new directions. They will have to notice neighbouring industries moving into their industry. Trends will increase to 20 percent per annum change as opposed to 2 – 3 percent at the moment.
Current management model out of date
Many experts are of the opinion that large companies today are run in ways that are seriously out-of-date. Their leadership style is still based on models from the late 19th century that were invented to manage semi-skilled labour doing the same thing over and over again. To do so is still important today. But it’s definitely not the main challenge facing today’s organisations, as outlined in the video.
Organisations need to become human
How about that? That’s definitely a change. Leadership in the future will need to be re-invented to make large companies much more adaptable, innovative and become places where people love to work. In other words, human, just like the people working there.
Do you agree that future leaders have to expand their thinking? That they will need to handle new trends and development that is at least ten times faster than today? Will leaders have to master everything from technology to human resources? Is today’s management model out of date? Will organisations have to become human in order to attract and keep skilled staff? How would you like management in the future to be? Maybe you have other ideas?
Video: McKinsey & Co. – Picture: Dragan