Strategic Leadership and Innovation in the Digital Era (Batch-4)

The world has been experiencing more disruptions and technological changes than ever before. Although recent reflections on industry-wide disturbances may emphasize the pandemic-related and post-pandemic differences in working and the workplace, rapid change and disruption have increased over the past two decades. A BCG study found that half of the most turbulent financial quarters in the previous 30 years had occurred post-2004. These rapid changes arise from all avenues, including digitization, technological advancements, population growth, political unrest, economic instability, national disasters, and cultural shifts, exacerbated after Fourth Industrial Revolution. This new business environment is frequently summarized using the acronym VUCA, which describes its Volatile, Uncertain, Complex, and Ambiguous nature.

On an organizational level, VUCA can result in business complexity, rolling markets, changing competition, financial instability, and leadership challenges. On a personal level, it may reduce feelings of control and self-efficacy and increase stress, anxiety, depression, and suicide. With VUCA, the revolution to Industry 5.0 is expected, characterized by human and robotic systems focused on sustainable development. In this scenario, the responsibility is likely on organizational Leadership and HR professionals across levels to protect company interests and employee well-being.

To survive and thrive in the VUCA world, businesses need to engage in Corporate Innovation and Entrepreneurship constantly, activities that create new products, processes, and business models and take them to market. An ongoing commitment to corporate Innovation and entrepreneurship ensures that firms remain abreast of emerging trends and disruptions. Thus, they continuously renew their capabilities and promptly respond to market opportunities and threats. A robust corporate innovation and entrepreneurship engine can embed the organization with a DNA that can navigate effectively in the VUCA world.

But this does not happen automatically. There are many strategic and structural challenges to Corporate Innovation and entrepreneurship. But first and foremost, it requires flexible Leadership with foresight, self-awareness, openness, knowledge, communication skills, and learning aptitude. Leadership not only needs to set the direction for corporate Innovation and entrepreneurship but also needs to energize, empower and integrate the various business units as well as the different levels of the organizational hierarchy, all the way to the rank-and-file employees.

This program will equip leaders with the knowledge, tools, and temperament needed to design organizations with a robust Corporate Innovation and Entrepreneurship engine that can help them remain relevant in the VUCA world.

Critical Themes for Sessions

Through a combination of lectures, role-plays, round table discussion and case studies.

CEOs/CXOs/Business Leaders and P&L leaders of MNES/Large Corporates (Rs 1000 Crores and above)

As a participant of this Short Duration Programme, you will be able to enjoy some exclusive benefits other than the outcomes such as skills and knowledge enhancement and building specific competencies that can help shape your career growth.

Some of the exclusive benefits of attending this programme are listed below –