Time for a New Type of C-Suite?

Four ideas to reshape the executive office to meet today's shifting challenges.

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Leadership Is Evolving   The fundamental role of the C-suite has changed. In the past, the leadership team's job was to keep the existing machine humming, optimizing for efficiency and profitability. But now the challenge goes beyond delivering business results to driving transformation—in effect, building a new machine that will thrive in the future and, ideally, the present. And the demands placed on most senior leaders of organizations have grown exponentially. Not only are they required to be constantly reinventing the company, but they must also navigate the growing expectations of employees, investors and other stakeholders who believe that corporations and their leaders should play a larger role addressing broader issues in society that historically fell outside the purview of business. The demands these leaders face will only increase, given that relentless disruption and uncertainty are now facts of life. Who can live up to this superhuman job description? Given the growing demands on leadership teams, particularly the CEO, the current structure for leading companies may no longer be sustainable. Maybe it's time to start reimagining how the C-suite operates. The CEO and co-chair of global design firm IDEO engaged in a whiteboard exercise about alternatives, and here's what they came up with.   Read More     ADVERTISEMENT       Next-Generation Ideas of Leadership   The past few years have been a period of breathtaking change for organizations, and the pace of change is likely to accelerate in the coming decades. What are the expectations of future leaders for how business needs to evolve? Harvard Business School students shared their views with the SHRM Executive Network's People + Strategy journal. Read More     Explore Further   SHRM provides business leaders with information and resources to keep executive roles and structures up-to-date. Gig Work in the C-Suite? Fractional Execs Are on the Rise Contingent workforce arrangements have reached the C-suite. Fractional executives—part-time leaders often working on a contract basis at multiple companies simultaneously—are trending. CEO Action Mentoring Initiative Works with Diverse Group of Mentees The CEO Action for Diversity & Inclusion pairs C-suite leaders with mentees from underrepresented and diverse populations working at the director and vice president levels. Pay in the C-Suite Spiked, Making the CEO Position Less Attractive Compensation for other C-suite positions has risen at a higher rate than that of the CEO. Two important catalysts: the evolution of C-suite roles and the destigmatization of job-hopping at the executive level. Why Resilient Executives Are Better Leaders Leaders must model resilience if they want their organizations to thrive even during challenging times. CEOs Lack Knowledge of Cybersecurity Recent research suggests there's a troubling gap in CEOs' extensive skill sets that's placing their organizations at risk: how to prepare and respond to the increasingly menacing problem of cybercrime. SHRM Toolkit: Developing Organizational Leaders The ideal leader is flexible, proactive, analytical, strategic, culturally competent and adept at competitive positioning.     Every Saturday, All Things Work from HR Magazine provides thoughtful insights into the rapidly transforming nature of work and the workplace, and how HR, decision-makers and organizations worldwide are navigating and leading this change.       Connect with us on social!              1800 Duke Street, Alexandria, Virginia 22314 USA Contact Us | shrm.org This email was sent to manojdole1.Architectural@blogger.com. This email may contain advertisements. Unsubscribe or Change Email Preferences | Terms of Use | Privacy Policy © 2023 SHRM. All rights reserved.