Leadership types Industrial economyFinancial economyCreative economy FactoriesBanks, stock exchangesIT-company, Service Products and goodsMoneyEmotions,

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Presentation transcript:

Leadership types Industrial economyFinancial economyCreative economy FactoriesBanks, stock exchangesIT-company, Service Products and goodsMoneyEmotions, mood

Leadership in Industrial Economy Practice the hierarchical bureaucracy of traditional management Managers acting as controllers of individuals, coordinating work through the rules, plans and reports of bureaucracy, a preoccupation with efficiency and cutting costs, and predominantly top-down communications. Workers in the Traditional Economy tend to be dispirited: only one in five workers is fully engaged in his or her work

Financial Capitalism Leaders tend to despise “squishy” issues like customer care, employee empowerment, boosting morale, servant leadership or social benefit. Leaders screen less weak employees and transfer responsibility to the staff

Creative Economy Hierarchical bureaucracy doesn’t cut it The Creative Economy requires a different, more agile, and more demanding kind of leadership and management Shift from controlling individuals to inspiring collaboration among self-organizing teams, networks and ecosystems.; Shift from coordinating work by hierarchical bureaucracy to dynamic linking, with iterative approaches to development with direct customer feedback and interaction with teams and networks. Shift from a preoccupation with economic value to an embrace of values that will grow the firm and the accompanying ecosystems, particularly radical transparency, continuous improvement and sustainability. Shift from top-down communications to horizontal conversations. Instead of telling people what to do, leaders inspire people across organizational boundaries to work together on common goals.