Potentia.Works

Is it Time for a Shift in Leadership Priorities?

"86% of business leaders agree that success hinges on their rising leaders, but only 13% have confidence in their rising leaders."

Those are startling statistics above from a recent poll by Deloitte. According to further research from Deloitte, organizations report that 80% of their respondents rate leadership as a high priority, yet only 41% believe their organizations are ready to meet their leadership requirements.

There's more from a recent Gallup study:
What % of US employees agree that leadership communicates effectively?
13% -- Does this equal a Trust Deficit?

The Challenge Defined
Today, business leaders continue to face significant challenges finding clarity, direction, and balance amid the COVID pandemic and its related economic impact. And, managing remote teams during times of uncertainty can be extremely difficult and stressful, especially when team communication, performance, and productivity is more crucial than ever. But, without advanced and innovative tools, training and guidance, leaders will lose the ability to build strong organizations unless they can creatively lead cohesive, high-functioning teams. There are tools; however, that can enhance the strengths and skills of leaders and their teams.

Considerations for Today's Leaders and Tomorrow's

We can assess personality, skills and competencies, EQ (emotional intelligence), and more, but there are critical blind spots within companies. In the current crisis, the most significant blind spot is the misalignment of priorities. There is a lack of focus on what's most important -- the company's health, productivity, and profitability. And this limits an organization's potential, or in the worst case, leads to catastrophic consequences like a mass exodus of workers from their employers.

For example, studies show millennials are motivated by causes and are purpose-driven. Unlike previous generations, they will not tolerate the hypocrisy of businesses that talk about purpose, values, and vision – yet are all about the bottom line. They will work for organizations that practice what they preach, or they will walk! And they are.

What's missing that is causing this leadership crisis? There is no framework, no developmental path, no consistency, or structure. High levels of influence endure only with the successful (and consistent) reflection and recalibration of one's priorities. Through a framework of 5 critical areas, reprioritization allows companies to recalibrate, repurpose, and thrive even during these uncertain times. This continual realignment allows the best leaders to keep the most important at the forefront, cutting through the constant barrage of tasks, activities, interruptions, and urgent requests.

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Is it Time for a Shift in Leadership Priorities? 86% of business leaders agree that success hinges on their rising leaders, but only 13% have confidence in their rising leaders.

How important is it for business leaders to get it right this year?

"86% of business leaders agree that success hinges on their rising leaders...But, only 13% have confidence in their rising leaders."

Those are startling statistics from a recent poll by Deloitte. According to further research from Deloitte, organizations report that 80% of their respondents’ rate leadership as a high priority yet only 41% believe their organizations are ready to meet their leadership requirements.

The demands on current leaders continue to pile on with the challenges of managing remote and hybrid work teams, shifting generational work values and the uncertainty of future economic conditions. Many ask – is it time to recalibrate, perhaps right size or reset business objectives due to the pandemic or is it business as usual since this too will pass? Business leaders are asking these questions and looking for direction, and guidance in this new frontier.

Therefore, the real crisis is there is no consistent framework, no developmental path or structure to develop and build confidence in future leadership. High levels of influence endure only with the successful (and consistent) reflection and recalibration of one’s priorities. This continual realignment allows the best leaders to keep the most important at the forefront, cutting through the constant barrage of tasks, activities, interruptions, and urgent requests.

There is a pathway to learning and enhancing these critical skills so that leaders can maximize their impact over the long-term. Focusing on the five critical priorities taught in The Prioritized Leader program provides a new tool for modern leaders who are actively solving leadership challenges within a business