Empowering Tomorrow's Leaders in the Organization

(Wormington, 2021)

The importance of HRM in developing the leaders of future cannot be overstated in the fast-paced business environment of today. Effective leadership development techniques are critical as firms adjust to changing workplace dynamics, changing demographics, and technology improvements. The newest developments in HRM leadership development that are enabling tomorrow's leaders will be discussed in this blog post.

Employees are influenced by empowered leaders in particular when they establish ambitious yet attainable goals and exhibit faith in the skills of their subordinates. Additionally, they provide coaching, role modeling, and feedback, all of which help their subordinates attain their goals and improve their abilities in the process (Kim and Beehr, 2022).

Empowering leadership can also assist reduce job ennui, which is defined as an uncomfortable condition of inattention and lack of interest coupled by low arousal and unhappiness due to insufficient job demands and resources. Boredom is primarily caused by two things: feeling unchallenged and lacking purpose in one's work (Hobfoll, 1989).
Therefore, empowering leadership should draw subordinates' attention to work and lessen their boredom because it is a social connection that removes limits and presents difficulties. COR theory, to put it another way, contends that social relationships are a situational resource that promotes wellbeing by offering extra valuable resources (Hobfoll, 1989).

Digital Leadership Abilities

To successfully navigate the complicated technological landscapes of the modern world, leaders need to have a certain set of abilities. HRM experts are incorporating training on digital leadership into their development plans to give leaders the skills and information they need to succeed in the digital age. Effective leadership increasingly relies on digital literacy, from cybersecurity to data analytics.

Sri Lanka has advantages over other growing economies in the Asia-Pacific region in terms of connectivity, digital marketing, investment in digital projects, and quickness of response.
Yet Sri Lanka lags far behind in comparison to China, India, and other wealthy nations. Its businesses fall short in terms of their willingness to take risks, their capacity to incorporate their digital priorities into the broader business plan, their automation of internal and customer-facing procedures, and their adoption of a culture that fosters collaboration between the digital teams and business units (De Bustis, Ganesan and Herath, 2018).

There is a culture in many Sri Lankan businesses that is ideal for the rapid advancement and disruption of digital technology. In order to assist them develop digital capabilities, organizations have created cross-functional agile teams and are actively looking for acquisition and partnership opportunities from outside sources (De Bustis, Ganesan and Herath, 2018).

Agile Leadership Development

More flexible and agile methods are replacing more traditional leadership styles. In order to create leadership development programs that can quickly adapt to shifting market conditions and business objectives, HRM leaders are embracing agile techniques. In an increasingly competitive market, firms can maintain a competitive edge by cultivating agility and resilience in their leaders.

                             (Mollor, 2019)

Continuous Feedback and Coaching

Coaching sessions and ongoing feedback loops are taking the role of annual performance reviews. HRM executives are putting in place real-time feedback systems to give them prompt insights into their areas of performance and growth. Organizations may promote a culture of continuous improvement and accelerate leadership growth by placing a high priority on continuing coaching and development.

Remote Leadership Development

The delivery of leadership development has changed as a result of the increase in remote work. HRM executives are using technology to provide remote coaching sessions, online workshops, and virtual training programs to help leaders grow wherever they are. Organizations can take advantage of flexibility and accessibility while guaranteeing that their leaders are prepared to succeed in a virtual setting by adopting remote leadership development.

                      (Drapkin, 2023)

In sum, ultimately, as businesses adjust to the needs of their workforce and the demands of the digital era, HRM leadership development is experiencing a revolutionary change. Organizations can equip their leaders to thrive in a world that is becoming more complex and dynamic by embracing diversity and inclusion, developing digital leadership skills, implementing agile methodologies, providing individualized learning experiences, emphasizing ongoing coaching and feedback, welcoming remote development opportunities, and encouraging purpose-driven leadership.

Reference list

De Bustis, A., Ganesan, V. and Herath, G. (2018). Unlocking Sri Lanka’s digital opportunity. [online] Available at: https://www.mckinsey.com/~/media/McKinsey/Business%20Functions/McKinsey%20Digital/Our%20Insights/Unlocking%20Sri%20Lankas%20digital%20opportunity/Unlocking-Sri-Lankas-digital-opportunity.pdf.

Drapkin, A. (2023). How to Manage Remote Employees in 2023: Tips, Tactics & Tech. [online] Tech.co. Available at: https://tech.co/project-management-software/how-manage-workforce-remotely.

Hobfoll, S.E. (1989). Conservation of resources: A new attempt at conceptualizing stress. American Psychologist, 44(3), pp.513–524. doi:https://doi.org/10.1037/0003-066X.44.3.513.

Kim, M. and Beehr, T.A. (2022). Empowering leadership improves employees’ positive psychological states to result in more favorable behaviors. The International Journal of Human Resource Management, 34. doi:https://doi.org/10.1080/09585192.2022.2054281.

Mollor, C. (2019). The Future Of Leadership: The Agile Leader. [online] MCG Partners. Available at: https://mcgpartners.com/the-future-of-leadership-agility/.

Wormington, S. (2021). Empowering the leaders of tomorrow. [online] Chief Learning Officer - CLO Media. Available at: https://www.chieflearningofficer.com/2021/04/12/empowering-the-leaders-of-tomorrow/.