In this article written by Paolo Gallo and Vlatka Hlupic for the World Economic Forum, they discuss the changes in organizational culture needed for the Fourth Industrial Revolution. Gallo and Hlupic asserts that the carrot-and-stick leadership, and the toxic organizational culture based on fear will no longer work. To get the best results, companies must create a people-first culture, a culture that will empower employees to engage in the company’s goals for the future. Moreover, the authors believe that leaders must serve as the moral compass of their teams as well as promote trust and respect within their organizations.
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