HR experts discuss Leadership Skills
In the photonics industry, many SMEs are nearing a pivotal transition in leadership as the first generation of leaders approaches retirement. This was the focus of discussion at the recent HR Workgroup, where we discussed about the five essential leadership skills every future-ready leader needs and the role of AI in leadership development, including predictive analytics and personalized training.
In the photonics industry, many SMEs are approaching a significant transition in leadership as the first generation of leaders nears retirement. At EPIC, we wanted to address this challenge by engaging in discussions with HR experts, such as our member EO Executives. Beyond having a solid succession plan, companies must focus on developing the soft skills of their future leaders.
Agile Mindset is crucial in management
According to Andreas Weiss, Cluster Leader at EO Executives, these are the five most important leadership skills:
- Emotion management
- Crisis management skills
- Digital adaptability
- Diversity management
- Agile mindset
The Agile Mindset is particularly crucial in today’s fast-paced business environment, where adaptability is essential for success. It enables organizations and individuals to innovate more effectively, meet customer needs promptly, and maintain a competitive edge by responding swiftly to market changes.
The Role of AI in Leadership
What is the connection between AI and team management? According to Clancy T. Tetteh, Founder and Managing Director at CT CONSULTING, “AI is a powerful tool for future-ready leaders, helping them navigate complexity and drive innovation.”
Artificial intelligence is transforming leadership approaches by enabling data-driven decision-making, improving efficiency, and enhancing strategic insights. One key application is predictive analytics, where AI models can forecast trends, allowing leaders to proactively adapt their strategies for future success.
Another significant area where AI plays a role is leadership training. AI-powered simulations and personalized coaching tools are among the most innovative and trending solutions in leadership development programs today.
