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HR Issues

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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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