Skip to content

What are the needs of today’s leaders?

It’s no surprise that the same themes and challenges faced by today’s leaders have recurred in Deloitte’s 2024 Gen Z and Millennial Survey (albeit with AI thrown in as a new aspect we’re all grappling with).

While the findings from our own white paper on the needs of modern leaders raised many of the skills we should be developing over a year ago, it’s clear that organisations are still finding it difficult to embed the practices that will make this a reality.

So let’s delve into what leaders and organisations need today and how we can support them.

The workplace landscape: key challenges and needs

According to Deloitte’s 2024 Gen Z and Millennial Survey, leaders today must navigate a rapidly changing environment characterised by economic uncertainty, technological advancements, and evolving employee expectations.

project 2024 05 20 06 05 AM Ivy House

Here are some of the key challenges highlighted in the report.

Economic uncertainty and financial concerns: Many leaders are grappling with financial insecurity, as nearly half of Gen Z and millennial respondents live paycheck-to-paycheck, creating a need for stability and economic resilience within organisations.

Environmental sustainability: Both Gen Z and millennials prioritise environmental sustainability, with many making career decisions based on an organisation’s commitment to eco-friendly practices. Leaders must integrate sustainability into their strategic vision to attract and retain top talent.

Mental health and wellbeing: High stress levels and mental health concerns are prevalent, with 40% of Gen Z and 35% of millennials feeling stressed most of the time. Leaders need to foster a culture that supports mental health and wellbeing to ensure a productive and engaged workforce.

Work/life balance and flexibility: The demand for flexibility in where and when people work remains strong. As remote and hybrid work models become the norm, leaders must find ways to maintain engagement and collaboration while respecting employees’ work/life balance.

The modern leader: adapting to new realities

At Ivy House, we have identified similar trends and needs through our work with leaders across various industries. Our modern leadership white paper outlines three pillars of extraordinary leadership that resonate with the current demands of the workplace:

Evolve new mindsets: Modern leaders must cultivate a growth mindset, characterised by adaptability, continuous learning, and a proactive approach to challenges. This mindset shift is crucial for navigating uncertainty and fostering innovation.

Lead human first: Human leadership is essential for creating resilient, high-performing teams. By prioritising empathy, authenticity, and emotional intelligence, leaders can build trust-based relationships and supportive cultures.

Practise agility: In a fast-paced world, agility is key. Leaders need to develop skills that enable quick decision-making, embrace digital transformation, and maintain a customer-centric approach. This adaptability ensures that organisations stay ahead of the curve.

How can Ivy House help?

Leadership development is the key to addressing these challenges, and our approach is uniquely positioned to support HR leaders in creating leadership standards that run throughout the organisation. Here’s how our programmes align with the needs identified by Deloitte and our own research:

Sustainability integration: Our leadership programmes emphasise the importance of purpose-driven leadership. By aligning organisational goals with environmental sustainability, leaders can attract and retain talent who are passionate about making a positive impact.

Mental health and wellbeing: We focus on developing emotionally intelligent leaders who prioritise mental health and wellbeing. Our content teaches leaders how to create supportive environments where employees feel valued and can thrive.

Flexibility and work/life balance: We give leaders the skills to master the art of hybrid and remote leadership, ensuring they can create meaningful relationships virtually as well as face to face, and maintain engagement and productivity while respecting employees’ needs for flexibility.

By understanding the challenges leaders face today and offering tailored development programmes, Ivy House is committed to helping organisations cultivate the extraordinary leaders needed for a successful future.

Radical

Challenge.

Support.

Change.

Recent Awards won by Ivy House