This MIT-Sloan paper ‘Leadership Mindsets for the New Economy‘ takes the perspective that the new economy requires a shift in leadership practices.
It starts with the excellent quote by Patty McCord, former chief talent officer, Netflix: “In today’s world, everyone has to adopt a leadership mindset. We have to think of ourselves as members of a leadership community“. This means that it is recognized that in the collaborative age, leadership capabilities need to be more widely spread inside organisations.
I find the rest of the paper a bit disappointing and too MBA like, with the identification of four key traits of leaders in the modern economy – producers, investors, connectors, and explorers. It does not go back to the question of how to make everyone in the organisation a leader – and how to make sure everyone plays the part he or she is the best about among those four traits. And that’s clearly the most important.
While this issue is recognized (“building a collective leadership capability is the strongest route to competitive advantage in today’s fast-paced world“), tomorrow’s determining leadership trait is indeed to allow the growth of leaders in all levels of the collaborative organisation. I’d rather see research exploring that direction.