McKinsey’s report examines the relationship between the level of diversity (defined as a greater share of women and a more mixed ethnic/racial composition in the leadership of large companies) and company financial performance (measured as average EBIT 2010–2013).
In today’s environment, it is hard to avoid technology on any given day. People use different IT products and solutions including cell phones, computers, cloud services, systems, hardware, and software at work and in their daily lives. Access to the internet is also continuously growing; in 2013, nearly 3 billion people were able to connect to the internet via fixed or mobile broadband.
The Institute for Corporate Productivity (i4cp) recently released its 5th iteration of their GLD (Global Leadership Development) study. The report, “Global Leadership Development: Preparing Leaders for a Globalized Market”, examines opportunities and challenges for organizations working to develop “global leaders,” or leaders who have global expertise and can perform in an international environment. With factors like technology making the workforce increasingly global, this is an area of leadership development that organizations should consider adding to their focus. As i4cp discusses in the report, “The purposeful development of global competencies and capabilities among leaders is essential to organizational effectiveness and competitive edge.” Attention is certainly shifting towards GLD. However, despite that the number of organizations focusing on global leadership (through either general leadership development programs or specific GLD programs) has grown from 31% in 2010 to 44% in 2014, this figure still equates to less than 50% of organizations addressing global leadership development. Even among large corporations who may have greater resources to dedicate towards GLD programs, less than 54% report addressing GLD.
A recent Pew Research Center report examines the impact that technology has on workers and provides some counter-intuitive data. “Digital Life in 2025: Technology’s Impact on Workers” looks at a representative sample of adult Internet users and the role or impact of digital technology on their work lives. The report helps to identify the role of technology in different areas of business, what certain workers find most valuable, and provides surprising perspective on the discussion of whether technology is keeping employees productive, or spreading them too thin and negatively pressuring them to stay constantly connected or “plugged in.” Among online workers, the Internet and email are deemed the most important information and communication tools, though it may be surprising that social media was ranked very low in importance. 61% of American workers who use the Internet stated that email is “very important” for doing their job, while 54% said the same about the Internet. Only 4% reported that social networking sites like Twitter, Facebook or LinkedIn were “very important” to their work.