As our world and the nature of work fundamentally changes, leaders must consider necessary new skills and accompanying mindset shifts. Changes in the world and workplace mean a shift from traditional leadership to one led by digital transformations. In order to execute effective leadership in a digital world, leaders must embrace key changes rooted in factors like technology, demographics, and cultural norms while retaining the enduring and contextual characteristics of leadership. Will I be ready to lead in 2025? I'm wondering how many of us are asking this question of ourselves.

Ford Motor Co. is expected to announce on Monday the replacement of President and CEO Mark Fields with board member Jim Hackett. Hackett is also head of the company's smart mobility unit, which is focused on its ride-hailing and car-sharing efforts. According to several reports, the move is due to the automaker's recent disappointing profits and stock price, which has dropped nearly 40 percent since Fields took over in 2014. Fields, 56, has worked at the company for 28 years, and previously served as CEO of then Ford-owned Mazda, and president of The Americas. Ford has not officially confirmed Field's departure, and issued a statement to Automotive News that said, "we are staying focused on our plan for creating value and profitable growth.

This article was originally published at 9:30 p.m.

Alan Mulally, CEO of Ford, poses inside the 2015 Ford Mustang on the set of Good Morning America on December 5, 2013 in New York City. Former Ford CEO Alan Mulally, who led Ford's turnaround during the Great Recession, said he has stayed involved in both the automotive industry and the aerospace industry as consultant and as a member of the board for both Google and 3D printing company Carbon 3D. "It really is amazing -- the convergence between digital technology and everything that is being touched by it," Mulally told the Detroit Free Press in a rare interview. Mulally changed the culture at Ford from internal divisions and back-stabbing to a unified team that embraced Mulally's "One Ford" overhaul plan. On Thursday night Mulally will be inducted into the Automotive Hall of Fame in metro Detroit, along with pioneering consumer advocate Ralph Nader and Roy Lunn, godfather of the original Ford GT40. "I think his greatest achievement was the culture shift he brought to Ford," Ford Executive Chairman Bill Ford said in an e-mail to the Free Press.