The significant problems we face cannot be solved at the same level of thinking we were at when we created them.
Albert Einstein
Leaders of today's corporations must cope with a unique set of challenges. Technological, social, and economic forces compel leaders to address these issues in order to stay ahead of the competition. Some of these challenges include:
Globalization of business leading to
cross cultural competency requirements
greater demands of travel
Geographic shifts in economic power
Growth of strategic alliances
An accelerating avalanche of information and democratization of access to information
Daily innovations in technology
Changing demographics and a changing workforce
Changing expectations of a more educated workforce
Flattening of organizations, increased workloads and expanding skill requirements