Explanation:

Today’s complex business environment calls for a new approach to leadership. This approach must focus on co-creating meaningful value with and for all stakeholders, expanding beyond shareholders to include customers, employees, partners and our broader society. In an open system, everyone must win. Otherwise, they’ll simply go elsewhere.

This new style of leader must play four new roles: visionary, architect, coach and catalyst. The traditional roles, while still available to leaders when needed, become woven into the way people work.