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Business Leadership Skills of the Future

Promoted by Griffith University.

As the business world becomes more connected, innovative and intertwined with technology, leadership and management dynamics are evolving. Individuals who can successfully navigate these industry developments are destined to become the leaders of the future.

The real challenge for aspiring leaders? Developing the right skills that businesses will come to rely on. Regardless of your experience, certain skills can’t be learnt on the job. And even if you have a suitable work history, some organisations will expect formal recognition of your abilities.

An investment in continuous learning and development, such as undertaking a Business or Management degree, will give you the knowledge and skills needed to embrace the future.

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We’ve identified five core leadership skills that will make the cut 10 years from now, including:

  • Sustainability
  • Adaptability
  • Emotional intelligence
  • People management
  • Creativity

Discover why these skills will be so important for future leaders.

 

Sustainability

Businesses are increasingly making strategic decisions around their approach to corporate sustainability. A recent study undertaken by HP Australia and Planet Ark found that over 90% of Australian consumers and businesses are concerned about environmental sustainability. This research indicates the substantial impact sustainability is bound to have on organisations, making it a key consideration for future leaders.

Better sustainability doesn’t happen overnight. It takes education and cultural change to face the challenges associated with such a broad issue. It’s no wonder sustainability is one of three core values of Griffith University’s 100% online Graduate Certificate in Business Administration

 

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Emotional Intelligence

Even as robots become a reality in the workplace, emotional intelligence will always play a role in business. Emotional intelligence is a set of skills that helps us understand and manage our emotions. It’s essential in every industry, especially those with highly competitive workplace environments. People with high emotional intelligence tend to take on diplomat roles in the workplace, using their skills to resolve conflict, communicate effectively and become strong leaders. These people realise that trusting relationships built on diplomacy and respect are at the heart of both individual success and corporate productivity.

The key elements of emotional intelligence include:

  • Self-awareness
  • Empathy
  • Social skills
  • Motivations

Emotional intelligence essentially involves being perceptive to other people's emotions. This is why it’s such an important skill for future leaders, as having insight into the emotional state of employees presents an opportunity to facilitate optimal performance.

 

Adaptability

The business world is moving at a faster pace than ever before, leaving some organisations scrambling to keep up. Adaptability is a personality trait that influences your response to change. Studies have found that highly adaptable people display greater resilience when dealing with unexpected circumstances, making it an essential skill for leaders.

By looking at adaptability through a sustainability lens with Griffith’s program, students will be able to develop adaptive thinking skills. This will allow them to quickly consider and identify the best response techniques to manage and lead organisations through complex sustainability-related challenges.

 

People Management

What do all good leaders have in common? Strong people management skills, in the form of effective, accurate and persuasive interactions. But managing people doesn’t come naturally to everyone – it is a skill and it can take time and practice to master, which many organisations fail to recognise.

In a CareerBuilder survey, 58 percent of managers said they didn’t receive any management training, suggesting that aspiring leaders may need to take matters into their own hands when it comes to acquiring and finessing their people-management skills.

 

Creativity

Every leader wants to stay one step ahead of competitors. Creative thinking is an important part of this process, as it allows leaders to be more innovative and remain at the forefront of the business industry’s latest trends.

Furthering your education is a great way to learn how to identify creative solutions in a business context. In addition to learning more inspired ways of doing business, you’ll also graduate with the confidence to unleash your creativity.

Griffith University’s100% online Graduate Certificate in Business Administration consists of four courses derived from the Master of Business Administration. Designed to provide a foundation of leadership expertise, these degrees help students develop crucial leadership skills they can use in the future to navigate the rapidly evolving corporate world.

If you’re eager to make the most of your leadership potential, learn more about studying an online Graduate Certificate in Business Administration with Griffith University by reading the program overview here.

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