AMERICAS - Keynote speaker at the AIBTM CEO Summit, Barbara Kellerman, claimed the trend was toward a 'flattening' of power structures in the 21st century.
Kellerman, from Harvard University, claimed in her presentation 'The end of leadership', leaders were losing power and influence while followers were gaining it.
"This has led to a flattening of power structure," she said.
Technology had sped up how quickly people who previously had little power now can use information as ammunition, she contended. Social media, she said, had handed instant power to the powerless to change leadership and she gave the example of Wikileaks exposing questionable behaviour among political leaders.
People feel they have a right to know everything about their leaders, Kellerman added, defining an 'American idolisation' of the country, as more decisions were being made by the public, leading to "a flattening of expertise".
Kellerman believe young people would figure out new ways to get work done, shying away from traditional teamwork on projects. "Due to their independence, Millenials are not interested in top-down leadership," she said.
"Leaders in the 21st century will need to learn new skills, including watching their backs with younger, better-skilled competition," she added.
Kellerman recommended lifelong learning and staying up to date on technology as coping strategies.
Global Vice-President of corporate and incentive sales for Silversea Cruises in Fort Lauderdale, Sean Mahoney, said he welcomed the CEO Summit for the opportunity to "learn about the issues impacting the industry and to network with C-level executives from around the world in the MICE arena".
AIBTM organiser Reed Travel Exhibitions (RTE) has announced a joint partnership with Lithium Logistics Group to launch the Global Emerging Leaders Community.
The 'community' initiative is designed to provide leadership development and education opportunities for up-and-coming professionals in the meetings industry. The programme aims to match the younger generation (those with seven years or less of professional experience in the field), with industry veterans through events, webinars and other premium business and networking opportunities.
RTE said it would create and provide education content specific to the next generation of industry leaders at all its events on five continents including EIBTM (Barcelona), AIME (Melbourne), GIBTM (Abu Dhabi), CIBTM (Beijing) and, of course, AIBTM (US).
“The Global Emerging Leaders Community will be a centre of excellence, information and recommendations for new professionals entering the industry,” said Graeme Barnett, Reed Travel Exhibitions' Event Director for AIBTM. “AIBTM is pleased to partner with Lithium Logistics Group to make this initiative a reality, both regionally and internationally and are delighted that it is being launched during the show this week. We believe that mentoring the future generation of meetings professionals will serve to strengthen and grow business opportunities in our industry.”
Julie Ann Schmidt, Managing Partner of event company Lithium Logistics Group, said: "There is no limit on the possibilities this alliance holds for the MICE industry.”
In the coming months, the IBTM Event Portfolio promises to announce a series of new premium, exclusive events tailored specifically to creating business opportunities though the Global Emerging Leaders Community.
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