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Effective Executive Magazine:
Organizational Leadership for Challenging and Changing Times†
 
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Multiple developments, including disruptive technologies and new business models, are leading to uncertainty and change. They also open up new possibilities for adaptation, innovation, reinvention and entrepreneurship. They are challenging organizational leaders. Coping with them may require review, refresh or reinvention and a transition from individual leadership to the collective leadership of a competent board. Directors and boards need to ask a variety of questions in a range of areas to ensure that creativity, innovation and entrepreneurship are helped rather than hindered and that they are focused, relevant and sustainable. There are contextual, performance, governance, stakeholder, sustainability, social responsibility and people and organizational factors to consider. Many directors may also need to change how they operate and raise their aspirations and expectations.

   
As a consequence of their positions, most leaders of significant organizations face challenges which various stakeholders may expect them to address. In response, many individual leaders develop coping mechanisms such as addressing issues one at a time by categorizing them and seeking advice from those with relevant expertise. Responsible CEOs and executive directors endeavor to act according to their delegated powers and responsibilities, corporate objectives and priorities, and the framework of corporate policies established by the boards of the organizations concerned.