Accountable Leaders

To endure, companies must adapt to change.

Accountable leaders must understand that the world is changing rapidly. A KPMG survey reports that nearly three-quarters of the world’s CEOs believe the next few years will have more of an impact on their industries than all the changes that have occurred since 1970.

The majority of CEOs worry that new companies will disrupt their industries’ business models, but McKinsey research shows that only about a quarter of those senior executives who tried to transform their business models and keep pace with industry changes actually see their change management efforts as successful. According to Innosight, half the companies on the S&P are likely to fade away by 2030 if they fail to adapt to rapid change in their industries. 

You can’t wait for your bosses or company to create necessary change. As a leader, you must be accountable for your personal development and adaptation to change, and you must inspire people in your department or teams to do the same.

To ensure their companies’ growth and long-term success, today’s leaders must invest...