"The leadership dialogue recognized" is correct grammatically. There is no error in this part.
"That we are living in" is grammatically correct and properly used in the sentence.
"A period of immense turbulence" is correct as it describes the period of time.
"Disruption and even subversion" is also correct in structure and meaning.
There is no error in this sentence, and hence no correction is needed. However, it could be reworded slightly for clarity or style, but it is grammatically correct as is.