Irma Becerra, the president of Marymount University, is a recognized leader in the field of education, known for her innovative curriculum and forward-thinking approach to leadership. In light of the unprecedented shift in power brought about by the AI era, Becerra emphasizes the importance of leaders being willing to adapt and embrace discomfort in the face of change. The traditional approach of prioritizing stability and predictability is no longer as effective in the current climate, and leaders must be willing to take risks and adapt in real time or risk being left behind.
The promise of AI to bring about transformational change is disrupting industries in the digital era, requiring leaders to adapt their leadership style to meet the demands of the time. Transformational leadership, in particular, is crucial for organizations that need to stretch and change. This style of leadership involves inspiring others to achieve ambitious goals, embracing change, developing the abilities of team members, and thriving in a state of constant readiness. It requires leaders to navigate ambiguity, take calculated risks, and seek new knowledge and perspectives, while also fostering active listening and open communication within their teams.
Transformative leadership is characterized by several key elements that leaders should keep in mind if they are considering adopting this approach. These elements include a willingness to take decisive action, even in the face of uncertainty, a growth mindset that embraces change and development, trust and communication within the team, and a vision for the future that can unite team members around a shared goal. Transformative leaders should be prepared to face resistance to change, but they must remain resilient, focused on their organization’s future, and not let negativity or pushback deter them from pursuing their vision.
Becerra emphasizes the importance of transformative leadership in the modern business world, citing examples like IBM’s hesitation during the PC revolution as a cautionary tale of missed opportunities due to a reluctance to take calculated risks. She highlights the importance of decisive action, even when outcomes are uncertain, and the value of a growth mindset that encourages continuous learning and development. Building trust and open communication within teams, as well as focusing on a shared vision for the future, are also crucial components of transformative leadership that can help organizations navigate uncertainty and challenges more effectively.
In conclusion, the AI era has brought about unprecedented change and disruption in the workplace, requiring leaders to adapt their leadership styles to meet the demands of the time. Transformative leadership, characterized by a willingness to take risks, a growth mindset, trust and communication, and a vision for the future, is essential for organizations to thrive in the face of uncertainty. By embracing discomfort, being willing to take decisive action, and fostering a culture of openness and collaboration, leaders can help their teams navigate change and seize new opportunities for growth and success.