6 March 2018, Singapore – Centre for Executive Education (CEE), an award-winning and a premier network of established human resource development and consulting firms around the globe for the development of next generation of leaders, is launching a survey to identify the relevant competencies and skills required to successfully adapt to new realities when leading in the Fourth Industrial Revolution (also known as Industry 4.0).
Leading in the Industry 4.0 includes the confluence of Artificial Intelligence (AI) and Robotics which are reinventing the workforce and will continue to impact the workplace for many years to come. Drones and driverless cars are transforming supply chains and logistics resulting in enhancing the quality of life. The way we live and work is about to go through a profound change.would require managing challenges in a business environment that are highly disruptive and predominantly volatile, uncertain, complex and ambiguous (VUCA). Technological advancements in artificial intelligence, robotics, sharing platforms and the Internet of Things are fundamentally altering business models and industries. Hence, as a result, organisational leadership itself needs to adapt to a brave new business world.
The Leadership Readiness for Industry 4.0 research set out to answer one key question: what is the current state of leadership readiness in Singapore and across the wider Asia Pacific region towards managing successfully in the Fourth Industrial Revolution?
Professor Sattar Bawany, Chief Executive Officer for CEE, states Leading in the Fourth Industrial Revolution leverages on the rapid advances in many technologies are expected to continue disrupting many of the industries in the various economies, and the impact will be felt across the globe. This would provide a challenging environment for leaders to operate and henceforth necessitates a much-needed range of new competencies including critical thinking and cognitive readiness that are needed to equip them to think and act globally in a disruptive, VUCA business environment which are “the hallmarks of the Industry 4.0.
Prof Bawany further adds “The current reality is that many leaders are not ready for the future and are even struggling with the disruptive pace of change we are experiencing now; particularly when considering the rise of new technologies and tools impacting business operations and human capital development in a more globalised and increasingly uncertain marketplace that many organisations operate in today.”
About the Centre for Executive Education (CEE)
The Centre for Executive Education (CEE) is an award-winning, and a premier network of established human resource development and consulting firms around the globe which partners with our client to design solutions for next generation of leaders who will navigate the firm through tomorrow’s business challenges.
CEE believes organisations must identify, nurture, and prepare the next generation of high-performance leaders for excellence. To this end, our executive development programmes are designed to equip these leaders to support growth, execute change, and develop people to build high-performance organisations – leading to increased productivity, exceptional business results, and greater profitability. For further information, visit www.cee-global.com.