What are the key drivers of leadership changes in business?
In recent years, business leadership has undergone significant changes driven by various factors. One of the primary drivers is the rapid pace of technological advancements. Innovations like artificial intelligence, machine learning, and digital transformation have pushed leaders to adapt and evolve. Another critical driver is the increasing emphasis on corporate social responsibility and ethical leadership. Companies are now expected to contribute positively to society, which necessitates a shift in leadership styles and priorities. Additionally, the globalization of markets has created a need for leaders who can navigate diverse cultural landscapes and lead global teams effectively.