COLE and the Center for Energy, Development, and the Global Environment (EDGE), teamed up to explore how three trends are shaping the future of leadership in the electric utility industry. Workforce demographic shifts, transformative industry change, and the changing nature of leadership itself are three converging forces that will affect organizational decisions in coming years. In the new white paper, “Triple Convergence: Talent, Strategy, and Leadership Disruptions in a Changing Utility Industry”—we outline this convergence and suggest that utility sector leaders need to look at these trends in an integrated way, rather than addressing them as separate challenges.
The paper summarizes insights gleaned from a forum held at Fuqua in July 2016 with senior utility industry executives, faculty experts, and management thought leaders. At this forum, industry executives discussed leadership best practices with their peers as well as with others from outside the industry to gain new perspectives. The paper highlights important considerations that utilities need to keep in mind as they talk strategically about these converging challenges.