Cayman Islands: The Premier Global Financial Hub – Issue 5

Page 112

been the ‘drivers’ of much of this change, having seen more change in their lifetime than previous generations.

Wanda Ebanks Partner, Maples Group, Legal Services

For Generation Xers, those now endowed with workforce leadership, keeping pace with rapid technological advancement and remaining relevant in the ever-evolving dynamics of today’s workforce will rank high as key issues influencing leadership in the coming years. Thankfully, today’s leaders are acutely aware of these challenges and in fact have

YOUR

The next decade will be a time of ‘fine-tuning’. Today’s leadership has taken on board the Millennial’s mantra of ‘work life balance’ and ‘9-5 needs to be assessed by global standards’. They have led the charge to the virtual office and, in doing so, been credited with shepherding the unprecedented growth in productivity and innovation attributed to the current workforce. Future leaders will need to work differently to keep the same pace of return, buying in to the concept of learning and understanding their workers in a way that pushes them beyond

their comfort zones. While concepts such as ‘agile working’, ‘hot-desking’ and ‘work life balance’ are almost instantaneously digested and implemented by today’s leaders, greater reliance on automation, decentralised processing and AI will judge them by subjective standards for which there is not yet empirical evidence. Leaders will be known as ‘innovators’ and ‘societal disruptors’; expected to shake up the status quo and step outside of the norm. The blueprints from which ancestral leadership has shaped past generations are no longer a point of reference and our leaders of tomorrow are setting courses into the unknown. Guided only by the one known constant they have – change.

LEGAL

EXPERTS

Legal Advice | Corporate & Trust Services Global Experience | Local Knowledge | Proven Results Speak to our experts: conyersdill.com

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KEVIN C. BUTLER

RICHARD D. FEAR

PARTNER, HEAD OF CAYMAN ISLANDS OFFICE

PARTNER

kevin.butler@conyersdill.com +1 345 814 7374

richard.fear@conyersdill.com +1 345 814 7759


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