Manage
HR
It
is the quality and the standard of the human resource recruited
that plays a key roll in differentiating between a successful
organisations and a "run of mill" organisation . In
this section, we will discuss the issues relating to this valuable
resource through a series of articles. And yes, we are
open to contributions from masters of this Art ... Are you one?
Turbo
charged ways to develop your turbo charged executives
Grooming
your senior executives was restricted to an internal process
that gave them a thorough understanding of the company’s
business culture. Now, a metamorphosis in the business environment
demands executive development, which leads into new territories,
far beyond the current experience of the company. The pre-requisites
of business leadership have changed and so has the approach
to developing business leaders.
Leadership,
coming of age
What we look for in today’s leaders is very different from
those in the past. Previously, emphasis was on strengthening
traditional management disciplines such as finance, accounting
etc. Now the focus is on personal qualities that are critical
to the organisation’s success.
Indispensable
qualities
Some of the indispensable qualities companies are seeking in
their business leaders are :
•
Risk taking
•
Courage
•
Cross cultural awareness
•
Thinking creative
•
Understanding organisation dynamics
•
Flexibility
•
Ability to make teams work
•
Tolerance for ambiguity
Sometimes
the best business leaders are your unconventional employees
who do not fit into the traditional corporate mold. This is
something the top management miss out on.
It
is important to develop a good understanding in the traditional
areas but it is equally, if not more important to examine leadership
from the individual and teams perspective.
A
leader must understand their own strengths and weaknesses before
understanding others. They must also know how to work with a
team and get the best out of them. Finally, he must understand
organisation dynamics.
Development
programs conducted by outside experts as well as internally
across divisions can foster interdisciplinary perspective. The
approach used in programs for senior executives are:
Learning
from experience
Senior executives learn from their experience and not book knowledge
alone. Success makes senior executives rely on their own experience.
Real-World
Issues
Development programs should focus on addressing real-time issues
in the organisation. Executives also need opportunities to bring
the learning back to the broader organisation
On-Going procedures: Development programs are an on-going process.
There should be interim meetings and follow-up after a year
to discuss progress and address new challenges.
Personal
challenges
Executives from other companies are called in to present a view
of dramatic changes in the industry. This is followed by presentations
by the company's senior executives on the firm's current strategies.
A gap analysis usually reveals serious challenges and key levers
for the future.
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