FERNWOOD FITNESS - PULSE eMagazine - Issue#10 - Flipbook - Page 68
Technology
and Data
Literacy
“The intersec琀椀on between
human – and AI driven
machines is more cri琀椀cal
than ever before.”
– Jennifer Jordan, Professor of Leadership & Organisa琀椀onal Behaviour
Leaders need to enhance their technology
and data literacy to make informed decisions
in an increasingly digital world.
Accelerated Digital Transformation
The rapid pace of digital transforma琀椀on has
led businesses to adopt advanced technologies
such as ar琀椀昀椀cial intelligence, machine learning,
and automa琀椀on. To navigate these changes
e昀昀ec琀椀vely, leaders must possess strong
technology literacy.
Data-Driven Decision-Making
at Scale
Businesses are increasingly relying on data
to inform decisions at all levels. Individuals
with robust data literacy can interpret data
accurately and play a crucial role in formula琀椀ng
strategic decisions based on thorough analysis.
Integration of Emerging Technologies
The adop琀椀on of emerging technologies such
as augmented reality, blockchain, and edge
compu琀椀ng necessitates a workforce pro昀椀cient
in understanding and leveraging these
innova琀椀ons for business advantage.
Advanced Automation and
AI Integration
As automa琀椀on and ar琀椀昀椀cial intelligence become
more prevalent, those who understand these
technologies can maximise their poten琀椀al,
leading to more e昀케cient processes and
enhanced overall produc琀椀vity.
The Impact
of Leadership
on Workplace
Culture
E昀昀ec琀椀ve leadership profoundly impacts
workplace culture. A posi琀椀ve culture,
characterised by trust, collabora琀椀on, and
innova琀椀on, is o昀琀en the result of strong
leadership. Research by the University
of Melbourne indicates that leaders who
priori琀椀se employee wellbeing and development
contribute to higher job sa琀椀sfac琀椀on and
lower turnover rates.
Leadership styles directly in昀氀uence
organisa琀椀onal performance. Transforma琀椀onal
leadership, which involves inspiring and
mo琀椀va琀椀ng employees to exceed their own
expecta琀椀ons, has been linked to higher levels
of employee engagement and organisa琀椀onal
success. A global study by Gallup revealed
that companies with transforma琀椀onal leaders
have 27% higher pro昀椀ts and 50% higher
employee engagement scores.