Today, the emphasis is on being a transformational leader so your organization can thrive in today’s economy. The transformational leader taps into the discretionary energy, creativity and potential of their followers. Henna Inam, CEO of Transformational Leadership Inc. shared her perspective and insight about these trends, especially how they are affecting women as they ascend to transformational leadership in their organizations. She shares four things that differentiate the transformational leader:
- Sense of purpose
- Treating people uniquely
- Intellectual stimulation
- Instilling trust
The need for organizations to embrace transformational leadership is directly proportionate to three major trends that are now shaping organizations:
- The pace of change we are seeing is dramatic and unpredictable
- The move to more transparency
- The need to increase creativity and innovation
Henna shares some startling statistics about women leaving the corporate America and the impact that has and will have on organizations. According to the Center for Work Life Policy, at the entry level, 63% of the workforce is women. In the executive ranks, this drops to 20%. In Fortune 500 CEO’s, only 3% are women. This huge “brain drain” is a loss for corporate America.
Listen to the entire interview for more. Do you think these statistics are true and what can we do about it?