Developing Leadership Agility in a Rapidly-Changing Business World
Trae Clavo
Doctor of Business Administration (Candidate)
Current Topics in Leadership and Management (Bus-8010-X007)
Dr. Robert Roller
Sept 18, 2022
Introductions
In a rapidly changing business world, it is more important than ever for leaders to be agile. Agility is the ability to adapt rapidly to changing conditions and take advantage of opportunities as they arise (Attar & Abdul-Kareem, 2020). Agile leaders can make decisions quickly, execute plans rapidly, and adapt to new situations as they arise. There are several ways that leaders can develop agility. One is to create a culture of agility within their organization. This means fostering an environment where employees are encouraged to experiment, take risks, and learn from failures (AlNuaimi et al., 2022). Leaders can also develop agility by actively seeking new challenges and growth opportunities. By taking steps to develop agility, leaders can position themselves and their organizations for success in a rapidly changing world. In order to develop leadership agility in a rapidly changing business world, organizations need to invest in training and development programs that focus on building adaptability skills.
Critical Analysis of the Study
The study found that to develop leadership agility in a rapidly changing business world, it is essential to focus on four key areas: self-awareness, adaptability, learning agility, and emotional intelligence. Self-awareness refers to a leader’s ability to recognize their emotions and how they affect their decisions and actions. Adaptability refers to a leader’s ability to change their approach based on their situation (Fitaloka et al., 2020). Learning agility refers to leaders’ ability to learn from their mistakes and apply those lessons to future situations. Emotional intelligence refers to a leader’s ability to understand and manage the emotions of those around them. Each of these areas is important, but the study found that the most successful leaders can effectively combine all four. Leaders who can effectively utilize all four areas can better adapt to the ever-changing business world and create a more prosperous and productive workplace (Nururly, 2022).
Essential Concept
Leadership agility is the ability to adapt effectively to changing circumstances and demands. In a rapidly changing business world, leaders need to be able to adapt their strategies and approaches to meet new challenges quickly. Agile leaders can anticipate change, respond quickly and effectively to change, and adapt their plans and strategies as needed (Nururly, 2022). Developing leadership agility is becoming increasingly important in today’s business world. The pace of change is accelerating, and businesses must be able to adapt to survive and thrive rapidly. Leaders who can effectively adapt to change will be better positioned to lead their organizations to success.
The Key Theories
Theories that can be used to develop leadership agility in a rapidly changing business world include leadership situation theory, goal path theory, and transformation leadership model. Situation theory leadership posits that most efficient leaders could adapt their leadership style to the exact condition they are into. Path-goal theory suggests that leaders must provide guidance and support to help employees achieve their goals. Transformational leadership theory emphasizes the need for leaders to motivate and inspire workers to accomplish organizational goals.
Theories of leadership agility suggest that leaders necessary become capable of adapting their behavior to changing circumstances in order to be successful. One theory suggests that leaders can use four different leadership styles and that the most influential leaders can use all four styles depending on the situation (Gandhok & Sammartino, 2020). Another theory suggests that leaders must have a mix of hard and soft skills to succeed in a rapidly changing business world. Finally, there is the theory that leaders need to be able to continuously learn and develop new skills to stay ahead of the curve.
Literature Gaps
There is a lack of research on how to develop leadership agility in a rapidly changing business world. This is a relatively new concept, and there is no definitive guide to developing this skill best. Additionally, there is no research on effectively training leaders to be agile within a rapid-changing business world.
In a rapid-ever changing business world, leaders need to be agile to succeed. Unfortunately, there is a lack of research on how to develop leadership agility. This is a critical gap in the literature, as it leaves leaders without guidance on how to adapt to the ever-changing business landscape. Additionally, there is a lack of research on how to develop leadership agility in a global context. This is another critical gap, as the ability to lead effectively in a global context is becoming increasingly important in today’s business world (Gandhok, & Sammartino, 2020).
Methodology
A few methods can be used to develop leadership agility in a rapidly changing business world. Some of these methods include:
Providing opportunities for leaders to experiment and take risks in a safe environment
Encouraging leaders to step outside of their comfort zones and learn new skills
Helping leaders develop a growth mindset and embrace change
Creating an environment that supports and promotes learning and development
Encouraging leaders to have an open dialogue about their challenges and successes
The first step is assessing leadership agility and what it looks like in a business context. This will involve looking at the rapidly changing business landscape and identifying the skills and attributes necessary for leaders to succeed in this environment. Once this has been done, leaders must develop a plan for developing these skills (Kim et al., 2020). This will involve creating training and development programs focusing on building leaders’ agility. It is also essential to create a culture within the organization that supports and encourages agility in leaders. This can be done by ensuring that leaders are given opportunities to take on new challenges and are rewarded for their success (Gandhok & Sammartino, 2020).
How Articles Apply to Current Issue
The concept of leadership agility is becoming progressively significant in today’s business world. With the rapid pace of change, businesses need leaders who can adapt and respond quickly to new challenges and opportunities. This requires a different kind of leadership than in the past, one that is more flexible and adaptable.
There are several ways that businesses can develop leadership agility. One is to create a culture that values and encourages learning and experimentation. This environment allows leaders to try new things and learn from their mistakes. Another way to develop leadership agility is to provide training and development opportunities focusing on agility. This can include things like simulations and exercises that challenge leaders to think and act quickly in response to changes. Finally, businesses can also invest in tools and technologies that help leaders be more agile. For example, software programs can now help leaders track and respond to changes in the marketplace (Gandhok & Sammartino, 2020). By taking these steps, businesses can develop the agility necessary to prosper within a rapidly-ever changing business world.
Critical Evaluation of Premise
The premise of developing leadership agility within the rapidly changing business world is that organizations must be able to adapt to change quickly to stay competitive. This premise is based on the idea that the business world is constantly changing and that organizations must be able to keep up with these changes to remain successful (Kapucu, 2020). At the same time, this premise remains true in some cases since it is not always the case. Many organizations are successful despite not being particularly agile. Additionally, many organizations have failed despite being agile (Gandhok & Sammartino, 2020).
Contributions and limitations of each source
The internet is the most valuable source for developing leadership agility in a rapidly changing business world. It provides access to a wealth of information and resources to help leaders keep up with the latest changes in the business world. The internet also allows leaders to connect with other leaders and experts who can offer advice and guidance on navigating the ever-changing business landscape (Gandhok & Sammartino, 2020).
Conclusions
Leadership agility is critical in a rapidly changing business world. Leaders must be able to adapt to change quickly and effectively to maintain a competitive advantage. Leaders must also be able to inspire and motivate their teams to embrace change and adapt to new situations.
References
AlNuaimi, B. K., Singh, S. K., Ren, S., Budhwar, P., & Vorobyev, D. (2022). Mastering digital transformation: The nexus between leadership, agility, and digital strategy. Journal of Business Research, pp. 145, 636–648.
Attar, M., & Abdul-Kareem, A. (2020). The Role of Agile Leadership in Organisational Agility. In Agile Business Leadership Methods for Industry 4.0. Emerald Publishing Limited.
Fitaloka, R., Sugarai, B., Perkasa, A. R. A., & Saputra, N. (2020). Leadership agility and digital quotient influence employee engagement: A case of PT X and Pinrumah. com. The Winners, 21(2), 113–117.
Gandhok, T., & Sammartino, A. (2020). Architecting Leadership Development through Enhanced Cognitive Versatility. Leading Human Capital in the 2020s: Emerging Perspectives, 58.
Kapucu, H. (2020). Technology affect leader behaviours in the digital era. Business & IT, 10(2), 12-31.
Kim, H. N., Song, S. I., & Hsu, Y. H. (2020). Human Resource Development in Global Manufacturing: Agility and Leadership. In Human Resource Development in South Korea (pp. 101–122). Palgrave Macmillan, Cham.
Nururly, S. (2022). Can Leadership Agility and Learning Orientation Be for The Resilience of SMEs Entrepreneurs? Sustainable Competitive Advantage (SCA), 11(1).