The Future Leader | Jacob Morgan

Summary of: The Future Leader: 9 Skills and Mindsets to Succeed in the Next Decade
By: Jacob Morgan

Introduction

Welcome to the exciting journey through ‘The Future Leader: 9 Skills and Mindsets to Succeed in the Next Decade’ by Jacob Morgan. In this summary, we will learn about the enormous impact good leaders have on an organization, employee retention, engagement, and productivity. We will explore the role of artificial intelligence in shaping the future of leadership and understand the need for adaptability, flexibility, and experimentation. Important topics such as cultivating a sense of purpose and meaning in the workplace, promoting soft skills and diversity within teams, and the importance of humanizing the work environment will be examined. This exploration offers insights to adapt and thrive as leaders in the face of rapidly changing landscapes in business and technology.

Future-Proofing Leadership

Bad leaders can have damaging effects on employees’ job satisfaction and health, making it essential for companies to identify and develop high-quality leaders. Good leaders positively impact employee retention, productivity, and profits. With emerging technologies like AI, leaders should focus on putting people to work in valuable jobs. They must also be comfortable with experimentation, open to employees’ ideas, and willing to embrace new policies. As the pace of technological change accelerates, leaders must prioritize reskilling and upskilling their employees in technical and interpersonal skills. Moreover, promoting diversity and inclusion can prepare employees for a collaborative and globalized working environment. Ultimately, companies and their leaders must align with employees’ values and prioritize purpose and meaning in the workplace.

Futurizing and Humanizing for Successful Leadership

Futurizing and humanizing are two critical mindsets for successful leadership. Futurizing involves embracing long-term thinking, adapting to technological change and prioritizing new approaches. Humanizing involves prioritizing diversity, enhancing employee skills and training, recruiting great talent, and contributing to the social good. As a leader, adopting four mindsets (“Explorer, Chef, Servant, and Global Citizen”) and learning five skills (“Coach, Futurist, Technology Teenager, Translator, and Yoda”) can lead to success at scale. Surrounding yourself with people who have strengths where you are weak and challenging your thinking are critical for success in an uncertain and rapidly changing environment.

The Power of Curiosity in Leadership

Leaders who cultivate a curious mindset embrace unfamiliar and uncertain paths, resulting in innovation and personal growth. Curiosity is like the fountain of youth for effective leadership. Companies that encourage employees to experiment and pursue their interests support and celebrate the Explorer mindset. Explorers ask questions, challenge business-as-usual, and inspire others to do the same. Giving ample downtime for pondering and focusing on long-term goals is crucial for a curious leader. The commitment to continual learning and learning from people who differ from you, taking risks and learning from mistakes, is essential for effective leadership.

Achieving a Humane Workplace

The human side of work must work hand in hand with the IT side to create a purpose-driven workplace. Technology should not replace humans, but rather be a partner in achieving better efficiency, cost control and data management. In this context, the “Chef” mindset is key. A Chef sees beyond the firm to its role in the wider community, invites feedback, and works side by side with line workers. Through this approach, a deliciously meaningful, purpose-driven workplace can be created where employees feel valued and contribute their best.

The Power of Serving Others

In healthy organizations, the pervasive Servant mind-set involves serving everyone, including leaders, teammates, customers, and yourself. By creating experiences, solving problems, and lifting others to greater success, servant-leaders create a better society and world. This entails humility, vulnerability, and self-care, taking small actions daily to support those around you.

Embrace Global Diversity

Embrace diversity to cultivate a Global Citizen mind-set. The mind-set is open to human diversity in culture, ethnicity, race, ideas, and sexual orientations. Insist on having diverse teams. This openness builds understanding, attracts and leads employees globally. Travel, immerse yourself in unfamiliar cultures, and lead from different perspectives to foster the mind-set. Get ready to work, communicate, collaborate, and lead individuals who think differently, look different, act differently, and believe differently than you.

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