"5Cs" of Leadership in the 21st century

Leadership is becoming more and more critical for all the businesses as they change rapidly with the time. Researchers have proposed many leadership models over the years in an attempt to develop theories that describe, predict, evaluate, and develop better leaders.  These efforts to develop leadership theories have been only marginally successful and thus new and more complex theories have continued to evolve in an attempt to fill this void. In this article, I will focus on five important concepts of leadership, which might help you to be a better leader.

Critical thinking and problem solving: Today’s organizations are highly dynamic, and variety of problems can arise on a given day. Thus, it is important for a leader to be able to identify critical problems and resolving them in timely manner. Today’s leaders should look beyond the immediate issue and identify the source of the problem, so that it doesn’t happen again.

Creativity and innovation: Creativity is not necessarily about become another Einstein or Picasso. Creativity can be as simple as new ways for old situations. For example, on the board or with management, you might get new energy by changing meeting formats, or seeking to solve old problems in new ways. This approach has worked for many big companies like Google, Apple and Twitter; and it can definitely work for your business too.

Collaboration and teamwork: In today’s complex businesses, collaboration is becoming really important. For example: TCS, an Indian I.T. consulting firm, has more than 100,000 employees and more than 40-50 verticals. With collaboration between these large pool of employee base, TCS can share its best practices within these different verticals and employ efficient processes all over the organization.

Cross-cultural understanding: With existing virtual teams and increasing outsourcing in the businesses, today's leaders need to understand the importance various cultures. When communicating with people abroad, leaders need to know both the strategy and structure in cultural and communication  patterns. As a leader we need to develop a strategy to foster cross cultural ideas and opportunities.

Communication of information: In today's business, it is important that an organization’s leader get beyond providing information and direction. Communication is an act of gaining understanding and commitment from individuals, in order to learn from others and build an exceptional organization. Thus, as a leader we should use tools such as the intranet, emails from the Leaders, All hands meetings and blogs as a means for the Leaders to communicate with employees. This will definitely help you in creating the best organization.

I hope my article was helpful, and I am eager to hear your feedback. Thanks. - Bhavin Gandhi