The philosopher Theodore Zeldin has given the world a challenge: “When will we make the same breakthroughs in the way we relate to each other as we have made in technology”
If you were fortunate enough, earlier this year you might have attended the World Economic Forum in Davos, Switzerland. There, you listened to CEOs, academics and other luminaries speak about the upcoming Fourth Industrial Revolution —dubbed as such by Mr Klaus Schwab, himself founder and executive chairman of the Forum.
During those extraordinary sessions you also learned that this “revolution”, powered by the greatest and latest in digital technology, would not only continue to bring together billions of people, but also eventually interconnect tens of billions of devices, robots, machines, energy grids, digital data nodes and much more.
At some of the sessions, leading high-tech company bosses explained how their businesses are shaping what many are calling the “most recent paradigm shift” in manufacturing. A shift that is bringing a fresh wave of disruption and boon to the industrial world: The Industrial Internet of Things, a part of what is called the Massive Internet of Things (MIoT).
It is estimated that up to 50% of all jobs are in danger of being replaced over the next 20 years as a result of changes, digital disruption, robots, and MIoT.
Change processes affect everything in businesses and often create fear. Fear is the unquestionable barrier of creativity and innovation.
According to Hay Group’ s study “Leadership and its effect on work climate” a leader affects the work climate in a team by 50-70%, and that may again explain as much as 28% deviation on the bottom line.
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