Inspiring CEOs 2021 Edition-2 May 2021

The Synthesis of Leadership and Technology “Management is doing things right; leadership is doing the right things” - Peter F Drucker Leadership is all about executing the right plans at the right time. Efficient leaders should motivate their employees to give their very best, resolve their differences, and work together as a cohesive unit towards achieving the organizational goals. It is very important to create a work environment wherein employees feel empowered to perform their designated tasks in an efficient manner. However, with the passage of time, leadership styles and strategies have gradually evolved. Companies now emphasize on leading through delegation, recognition, and encouragement. Rapidly transforming technologies have greatly impacted every aspect of business. Advanced technology is overcoming every boundary and is touching our lives in many different ways. No matter how big or small a company, technology has become an indispensible component for its growth. Technology has not only empowered employees and provided them with flexibility and comfort, but has also provided leaders with the ability to manage things from a distance. Nowadays, with the help of internet and various other advanced software and machinery, employers can keep a track of very activity of the employees in real-time and ensure that the assigned tasks are completed without any errors or delays. Moreover, owing to modern technology, managers can intimate the employees about any change in tasks from any place and at any time. This has introduced a positive change in the way leaders and managers communicate and deal with other employees. With cutting-edge technology, business leaders can also maintain social media presence and stay in the corporate limelight. Hence, it can be said that technology has reproduced a new leadership style that helps in empowering and inspiring people to take on new challenges and explore better opportunities using the best of technology. In order to make a lasting impact as a leader, it is of utmost importance to embrace technology. Managers can use the latest technology tools to lead employees with ease and to achieve organizational goals with efficiency. Technology provides substantial benefits to leaders and entrepreneurs; however, it is essential to use the right technology, at the right time, and in the right ways to reap long-lasting advantages. Business leaders should use technology judiciously to reduce the need for human effort. It is very important to keep in mind that technology is a tool to improve human involvement and performance and not a replacement to human labor and efforts. Technology should help in enhancing leadership practices and should be used in such a way that it helps leaders to take the right decision and manage people efficiently. Source URL