What Will Leadership Trends Look Like in 2024?

To be an effective and dynamic leader, you should be aware of the key changes that can affect the industry you work in as well as the market itself. In 2024, key leadership trends will come to the fore that you should be aware of and consider. 

Leadership Focused on Workplace Wellbeing
As a leader or employer, you need to lead the team with good spirit and empathy. This will alleviate any stress that employees may be feeling. It's important to keep an open dialogue and focus on authentic connection with your employees. This will help you avoid resignations that can be detrimental to your business. The topic of wellbeing and mental health in the workplace will be very important. People are worried about the crisis, inflation, war between different countries, politics and the constant threat of redundancies. 

As a good leader, you should make people feel more confident and have a less stressful working environment. According to a study conducted in the United States up to 83% of people suffer from job stress, costing the economy $77 billion. That's why employers should put workplace wellbeing at the top of their agenda. 

The Importance of the Company's Vision
More and more employees don't just care about a paycheck, they want their work to have more meaning and a positive impact on society. That's why you need to have a clear vision and goal for your company that you need to communicate positively to your employees. Leaders who understand that a compelling vision goes beyond financial success motivate and inspire teams.

Sustainable Society
As a leader, you should strive to make your company have an ever better and more positive impact on the planet in whatever way you can.

Adaptability to Technology
A leader should be technically proficient and flexible with new technologies. This is important if you want to both increase your company's efficiency and improve your customers' user experience. You should stay up-to-date on the latest technologies, constantly educating yourself and your colleagues. Be open to adopting new tools, technologies that can increase your productivity and work efficiency.

Adoption of Flexible Working Conditions
Hybrid work and flexible working hours have been a big trend in recent years. This trend is not going away any time soon. On the contrary, it is only expected to increase. That's why you should take it into account in your organisational structure. These factors should help you attract new talent. 

Working with AI
With the new AI trend sparked by ChatGPT, leaders need to embrace this technology and motivate their team to do the same. This can improve your team's skills as well as your overall productivity and well-being, as your team will get better work done in less time. You're sure to encounter resistance to AI in some people, but you need to gradually show them the benefits of AI. 

This year has seen the start of major innovations within technology, which we expect will only escalate over the years. There have also been changes in employee motivation. You have to try to make them feel happy. By creating a more positive working environment for them, you will attract more talented people and therefore increase your competitiveness.

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