People in top management lack relationship skills: report
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Egon Zehnder, the world's best-known management consultancy, today announced the results of a survey of 972 top executives in companies around the world to analyze changes in the way leadership roles and expectations are changing. in the context of current global challenges and emerging trends. The study revealed that for people in top management positions, self-esteem and development are paramount, they are becoming more aware of their abilities and skills, and are beginning to realize that the key to success is improving the human dimension of their leadership functions.
As many as 90 percent of people holding top management positions report that they pay more attention to increasingly audible, varied, and divergent voices. Most of them, when asked about the impact of current events on their businesses, replied that they required faster decision-making and implementation of changes, and also caused greater economic uncertainty. This, in turn, translates into complexity and rapid transformations that change the way business functions.
The analysis of open questions shows that almost 500 people holding managerial positions, more than half of all respondents, consider the ability to establish relationships as their weak point.
"People in top management recognize that today's complexity of the business environment requires a significant shift in the perception of the role of a leader – this change must begin with a different perspective of self-reflection and personal development. It is not about idolatrous self-immersion; it's about recognizing what our employees, companies, and stakeholders expect from our top management," Jill Ader, CEO of Egon Zehnder, said.
"Today more than ever, traditional entrepreneurship must be balanced with empathy and compassion, because only in this way will we be able to gain the emotional commitment of our employees and company structures," she added.
