Digitisation, most of all, means acceleration. This has numerous implications for leadership in the digital age. Simply making decisions faster to keep up with the rapid pace of business life and innovation will not be enough - today's business leaders need to focus on a clear vision, engagement, humility, and fostering growth in their teams.
Never has there been a time in human history when new kinds of business players, competitors, and market leaders appeared as rapidly as they do today. The driving force behind this is the dramatic progress of digitisation. It has made so many things much faster than they were in the business world of say 20 or even only 10 years ago.
Earlier, the steam engine, the combustion engine, electricity, and robotic automation all contributed to speeding up business processes, but digitisation is now bringing business to the speed of light.
At its heart, the accelerating force of digitisation affects communication, access to information, and data analysis, but this triggers a whole cascade of consequences. With everybody (and soon, everything) in the business world connected to each other and to the vast compute power of the cloud, countless workflows, like team meetings and collaboration, have been fast-tracked as have numerous business processes, from product design to quality control.
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