Now consider the rapidly changing work market - and you can see that a linear eduction - and a linear career track - one that is focused on developing the skills to succeed in a single expertise - is a relic of the industrial era. Here are five thoughts on how you can really prepare yourself as a leader for the next 5 years - for your leadership role in 2024:
1. Learn How To Use Information. While the process of learning is currently structured around the age of the learner, the reality is that most everyone has access to almost any information at any time. Scarcity drives value in today’s market. It’s not information that’s scarce. It’s people who know how to use information for problem solving.
2. Add Value. As organizations become flatter - the traditional vertical promotions that equated to career success become less relevant and less attainable. The differentiator is no longer seniority - but our skill at adding value. Especially when we can be a “value add” to the work of others.
3. Become a Learn-It-All. Learning agility and a healthy curiosity are the key skills for success. If there’s one thing anyone can benefit from in life, it’s always thinking of yourself as a student. It’s okay if you don’t know something as long as you’re willing to learn it. Stay current. Study trends. Push yourself beyond your comfort zone. You cannot afford to leave your knowledge accumulation to chance or to your current employer. Focus on proactive learning. Seek new experiences, new insights, and new business models.
4. See Leadership as a Contact Sport. Leadership does not reside in a single person, job title or role. Learning is a collective process with a group of people. Leadership is a contact sport - situational at best - and successful learners learn from each other. It’s even better if you develop a bit of emotional intelligence along the way - building your interpersonal and team building skills. You can’t be a leader if you only hang out in your office, you’re constantly challenging others’ views, or you spend your time passing out deadlines for others with no real active engagement with the team.
5. Transform Your Workspace into a Destination. Our workplace should transform from the mindset of “where work gets done” to a destination for “how work gets done” - a place we go to problem solve with others, to delight our customers, to build our relationships. It should be a space where others feel welcome to challenge, to debate, to visually examine possibilities. The new way of working is not just about bringing down the walls—it’s about bringing down the old-school style of hierarchical, top-down management. As we reconfigure the space within the four walls we work in, to truly change the traditional workplace model, we need to equally reconfigure the way we think about letting all team members be heard.
The real answer to “What are your going to be doing in five years is this… Nothing you can imagine right now. The changing market, the rapid advancement in technology and the global economy will chew up all your best plans. You have no idea what you'll be doing in five years. But if you focus on these principles, You’ll be doing something really cool as a leader - and really meaningful. And it’s likely something you can’t possibly image right now.
Michael is an executive coach, entrepreneur, investor, and strategist with 30 years of experience leading investor-backed, high-growth organizations.
“I built and sold a $40M company with Dr. Burcham as my mentor. This is the thing: if you EVER get the opportunity to learn from this man, from that moment forward, you’ll list him as one of the most influential people in your life, even if you live to be 90. And, you’ll know how lucky you were to have that opportunity and you’ll immediately say YES to any chance to be in his presence again—his wisdom is that impactful.”
“If you are looking for a trusted mentor and coach for yourself or your leadership team, I highly recommend Michael Burcham. He has worked with me as my executive coach for well over a decade now. Our conversations and his feedback have helped me sharpen my critical thinking skills. He’s a trusted advisor that I can confidentially speak with about any issue—and I know I’ll get valued feedback. I highly recommend him.”
“Dr. Burcham’s depth and breadth of experience makes even the most ADD entrepreneurial leader sit up and take notes! His coaching skills bring out the ‘best you’ possible. He selflessly shares the good, the bad, and the ugly—leaving you with an authentic and moving experience sure to spur action and professional growth!”
Looking for a professional development coach or a career change?
Do you need help developing your management teams or creating a strategic plan?
Wanting to build engagement around innovation or teach your team to build investor value?