Premium Essay

The Challenge of Leadership Development

In:

Submitted By mariaserrador
Words 7913
Pages 32
Point of view

What the future demands:
The growing challenge of global leadership development

B

What the future demands:
The growing challenge of global leadership development

Companies worldwide seem to be seized by a new enthusiasm for innovation and growth after a sobering period of retrenchment and downsizings. Fast-moving technologies, rapid global expansion, shifting business models, mergers and acquisitions all hold out dazzling possibilities. But in order to capitalize on these opportunities, corporate leaders are confronting a serious need for new kinds of talent and leadership. One has the sense that CEOs all over the world are emerging from strategy sessions and turning to their HR leaders with the same questions: How will we get our company from here to there? And do we have the leadership to make that transition?

HR executives bear increasing responsibility for helping their organizations find and develop leaders who can move their companies forward – and then for helping those leaders to succeed. This responsibility is complicated by the fact that it’s often difficult to get a clear view into the future state of the business. Among the outstanding questions for HR executives:


How fast must we be prepared for change throughout the organization and change at the top? What leadership skills are required for the future? How do we ensure that we hire, develop and retain the people with the right skills – intellectually, technologically and emotionally? Should leaders be the same worldwide or should they have distinct talents and characteristics based on their location? Is there one leadership brand for a company or many? How can we prepare the next generation of leaders, fast enough and well enough, to meet the company’s strategic goals? How will we find the leaders who can work effectively in an ever more globalized environment?

Similar Documents

Premium Essay

Management

...Future Trends in Leadership Development By Nick Petrie Issued December 2011 CONTENTS 3 3 5 6 7 10 29 30 32 About the Author Experts Consulted during This Study About This Project Executive Summary Section 1 – The Challenge of Our Current Situation Section 2 – Future Trends for Leadership Development Bibliography References Appendix About the author Nick Petrie is a Senior Faculty member with the Center for Creative Leadership’s Colorado Springs campus. He is a member of the faculty for the Leadership Development Program (LDP)® and the Legal sector. Nick is from New Zealand and has significant international experience having spent ten years living and working in Japan, Spain, Scotland, Ireland, Norway and Dubai. Before joining CCL, he ran his own consulting company and spent the last several years developing and implementing customized leadership programs for senior leaders around the world. Nick holds a master’s degree from Harvard University and undergraduate degrees in business administration and physical education from Otago University in New Zealand. Before beginning his business career, he was a professional rugby player and coach for seven years. Experts consulted during this study I wish to thank the following experts who contributed their time and thinking to this report in order to make it stronger. I also relieve them of any liability for its weaknesses, for which I am fully responsible. Thanks all. Bill Torbert, Professor Emeritus of Leadership at the Carroll...

Words: 11409 - Pages: 46

Premium Essay

Gloal Leader Ship

...Future Trends in Leadership Development By Nick Petrie Issued December 2011 CONTENTS 3 3 5 6 7 10 29 30 32 About the Author Experts Consulted during This Study About This Project Executive Summary Section 1 – The Challenge of Our Current Situation Section 2 – Future Trends for Leadership Development Bibliography References Appendix About the author Nick Petrie is a Senior Faculty member with the Center for Creative Leadership’s Colorado Springs campus. He is a member of the faculty for the Leadership Development Program (LDP)® and the Legal sector. Nick is from New Zealand and has significant international experience having spent ten years living and working in Japan, Spain, Scotland, Ireland, Norway and Dubai. Before joining CCL, he ran his own consulting company and spent the last several years developing and implementing customized leadership programs for senior leaders around the world. Nick holds a master’s degree from Harvard University and undergraduate degrees in business administration and physical education from Otago University in New Zealand. Before beginning his business career, he was a professional rugby player and coach for seven years. Experts consulted during this study I wish to thank the following experts who contributed their time and thinking to this report in order to make it stronger. I also relieve them of any liability for its weaknesses, for which I am fully responsible. Thanks all. Bill Torbert, Professor Emeritus of Leadership at the Carroll...

Words: 11409 - Pages: 46

Premium Essay

The Future of Nurse Leadership

...Future of Nurse Leadership A paper submitted in partial fulfillment of the course MHST/NURS 604 Leadership Roles in Health XXXXX February 28, 2013 Abstract Canada’s healthcare environment faces dynamics of change and elements of uncertainly. However, change and uncertainty need not be met with prospects of a dismal future. The framework of healthcare faces distinct challenges, potentially providing the opportunity for nurse leadership to provide a pathway for the future. One concern is the capacity to prepare the next generation of nurse leaders, both formal and informal, to become effective leaders, contributing to the future health of the workplace. This study is an analysis pertaining to the development of future nurse leaders. The analysis seeks to uncover the challenges of developing nurse leaders, and the necessary requirements for the next generation of leaders within healthcare. The findings suggest that the development of nursing leadership is vital in relation to healthy workplace environments, and quality patient care. Furthermore, a new paradigm and set of competencies necessary to lead nursing into the future. Keywords: leadership, nursing, development, future ...

Words: 2998 - Pages: 12

Premium Essay

Universal Need for Leadership Development

...Universal Need for Leadership Development Leadership is defined as the process of influencing an organized group toward accomplishing its goals. According to Leadership: Enhancing the Lessons of Experience, leadership is considered a process rather than a position. It involves something happening as a result of the interaction between leader and followers. The purpose for leadership development is to improve the quality of leadership within an individual or organization. Leadership can be developed through education and experience. Potential leaders, regardless of title or position, could benefit from leadership development because there is no one individual that operates perfectly in all situations or groups. This paper will discuss the universal need for leadership development while addressing the importance of allocating resources to support it. It will also identify the universal gaps, the need for development, and problems for not having sufficient support. Value Leadership development can empower individuals to become a positive change in an organization. Leaders will influence the organization positively or negatively; a strong leader can use learned abilities to overcome any challenges. A good leader can make a weak plan successful while a poor leader can ruin a strong plan. Leadership development programs are essential for developing effective leaders. Allocating resources for leadership development is well-worth the time and money invested. It can ensure there...

Words: 743 - Pages: 3

Free Essay

Pepsico

...Talent Development at PepsiCo PepsiCo’s Competitive Advantage PepsiCo uses its talent to sustain a competitive advantage by the following means: The first means is talent management. PepsiCo’s talent management has four frameworks, talent acquisition, talent management and development, PepsiCo University, and Inclusive culture. PepsiCo has been very successful in talent development and many of their former CEO’s are now in leadership positions at other Fortune 500 companies. The second means is talent development. PepsiCo focuses on developing leaders. They use talent development as a model for targeted succession planning. PepsiCo uses talent management and development to empower employees and develop growth. Growth is the first component of the PepsiCo’s corporate value statement. The growth and development of their employees is critical to their success. PepsiCo’s Career Growth Model PepsiCo has a good model for career growth. The following discusses three key elements: The first key element is proven results. Results are measured by PepsiCo’s performance management process and reinforce the cultural emphasis on growth (Silzer & Dowell, 2010). Business growth creates opportunity for employees to grow and get involved with the company. The second key element is leadership capability. Leadership capability reflects the behaviors that employees are expected to demonstrate (Silzer & Dowell, 2010). The behaviors are tiered...

Words: 871 - Pages: 4

Premium Essay

Succession Planning

...Running Head: Developing Leadership Capital Succession Planning: The Critical Challenge for Law Enforcement of Developing Leadership Capital in the 21st Century Kelly Hedum University of Central Florida Abstract Succession planning is a critical leadership tool for ensuring organizational growth and continuity by eliminating substantial gaps in institutional memory, knowledge, and leadership through strategic placement of key personnel. One of the greatest challenges facing many organizations in the 21st century is how to affect a well designed change of leadership while maintaining organizational continuity and meeting or exceeding organizational goals. Current research suggests that many organizations will experience a leadership transition crisis in the absence of the implementation of a well designed, functional succession plan for the future. The purpose of this paper is to examine the leadership concept of succession planning and discuss two theories, trait theory and path-goal theory, and their relationship to the succession planning process. Succession planning is a six step process. Three important dimensions critical to succession planning as a leadership development tool include evaluating the future needs of the organization, the identification and development of leadership talent, and the ability to identify and implement results. Historically, succession planning is not part of an assigned role or task in a police agency and tends to get overlooked...

Words: 5563 - Pages: 23

Premium Essay

Managing Organizations

...three year period observing the organizational objectives and leadership practices of Ajax Corporation. I will describe the organization outlining its goals and objectives. I will describe three leadership practices of the primary leader of the organization along with how the current leadership has affected the organizational structure. Upon completion of describing the organizational objectives and leadership practices I will conduct a SWOT analysis showing the strengths and weaknesses as well as the opportunities and threats to the organization. In conclusion I will outline my evaluation of the primary leader of Ajax Corporation describing three strengths using a scholarly leadership theory as well as three weaknesses. With a final recommendation of three theory- based practices to maximize the future success of the primary leader and Ajax Corporation. Organization Description and Objectives Ajax Corporation is a medical device manufacturer with facilities located in forty eight countries with gross revenues of eight hundred million dollars. The organization I have experience with is located within the United States and is the largest manufacturing facility of a specific type medical device controlling sixty five percent of the market share for this type of device. This manufacturing facilities organizational structure is a plant manager with a leadership team in support. The leadership team is comprised of a Plant Manager, Engineering Manager, Manufacturing...

Words: 4389 - Pages: 18

Premium Essay

Hrm Issues

...Human Resource Management Challenges The rapidly transforming business landscape means that there are currently many human resource management challenges which will continue to evolve for years to come. Tom Marsden, Director of Professional Services at Alexander Mann Solutions says that HR departments really need to be adding real business value to their organizations. "Although the restrictions of the recession aren't over yet, companies are recognizing that in 2010, they will need to take steps to retain their workforce. This could be through an increased emphasis on training and engagement programs or by investing in areas that will optimize expenditure, such as integrated technology systems or improved candidate attraction schemes. The signs are that HR departments are preparing to maximize their resources and staff as organizations look to grow." The Evolution of HR Professionals Coach. Counselor. Employee advocate. Business strategist. As the business world changes, so does the role of HR professionals. Since human resources is a business-driven function, effectiveness depends on a thorough understanding of the strategic corporate direction, as well as the ability to influence key policies and decisions. In addition, human resource management challenges must be defined and solutions determined in order to succeed. Today's Top 10 Human Resource Management Challenges Due to the fluctuating economy as well as local and global advancements, there are many changes occurring...

Words: 1041 - Pages: 5

Premium Essay

Leadership

...1.1. Leadership and Management Concept 2 1.2. Theories of management and leadership 3 1.3.Challenges of Leadership and Management Practices 6 2.1. Theories of Motivation 8 2.2. Role of Leadership and Management in employee motivation 10 2.3. Performance Management Technique as organizational processes 11 3.1. Development of Team by Bruce Tuckman 13 3.2. Role of leader in team development 14 3.3. Role and usefulness of team in an organization 16 References: 18 1.1. Leadership and Management Concept Leadership can be defined as the influence of an individual whom denoted as “leader”, upon the subordinates, for the achievement of organizational goal. Here, the leader should bear the quality to understand the situation and act upon so, and the action should be influential, motivational and goal oriented. Moreover, agreeing with the concept, leadership derives two aspects: (i) the leader who exerts influence and (ii) the individuals who are influenced. Thus, the success of Leadership depends upon the proper management of these two dynamics to a large extent. Likewise, Leadership should also posses different other qualities for better management of followers and lead the organization to its targeted goal. “The influential ability of a leader to effect the behavior of his followers to indirectly follow particular path as pre-defined by the leader” (Barnard, 1948) “Leadership can be defined as the mutual relationship between a leader and followers, strengthened...

Words: 4352 - Pages: 18

Premium Essay

Strategic Management

...22716C Developing Strategic Management and Leadership Skills Unit code: F/602/2058 QCF Level 7: BTEC Professional Credit value: 10 Guided learning hours: 30 Unit aim This unit provides the learner with an understanding of the links between strategic management, leadership and organisational direction, and the skills to be able to apply this understanding. Unit introduction The main aim of this unit is to investigate how current thinking on leadership influences an organisation’s planning to meet current and future leadership requirements. Learners will gain an insight into the current thinking on leadership from an organisational perspective. They will examine the links between strategic management and leadership, particularly the skills a leader needs to support organisational direction. The unit will help learners understand the impact of management and leadership styles on strategic decisions in differing situations, through examining the competences and styles of successful leaders. Applying management and leadership theories and models to specific situations will enable learners to assess their impact on organisational strategy. The unit will draw on a selection of established principles, including the influence of emotional intelligence on leadership effectiveness. This will enable learners to assess how organisations can plan to meet current and future leadership requirements. This unit gives an organisational perspective...

Words: 1062 - Pages: 5

Free Essay

Political Science

...“THE CHALLENGES OF LEADERSHIP IN POST- CONFLICT AFRICA: THE CASE OF LIBERIA.” BY HER EXCELLENCY ELLEN JOHNSON SIRLEAF PRESIDENT OF THE REPUBLIC OF LIBERIA AT THE INTERNATIONAL INSTITUTE FOR STRATEGIC STUDIES, LONDON, MAY 31, 2006 Mr. Chairman Distinguished Ladies and Gentlemen: Let me begin by thanking the distinguished Governing Board, the membership and the staff of your Institute for this invitation to dialogue with you and, by so doing, join the array of other world leaders who have addressed this body. I will also use this opportunity to express thanks and appreciation to the British public for keeping faith with us as a people by way of the immutable public broadcasting body, the British Broadcasting Corporation (BBC), which over the past several years played no small role in bringing the plight of our people and country to the attention of a global audience. Today, I invite you and the rest of the good people of this great country to join us in savoring the dawn of a new dispensation in my country – one that embodies the hopes and aspirations of the majority of Liberians. I am confident that my Government can also count on the support of the Government and people of this country to see us through our journey toward achieving national renewal after decades of conflict. Academic studies on the evolution of leadership in Africa take note of the fact that the liberation leaders of the continent were nationalistic, selfless and visionary—leaders who put...

Words: 2838 - Pages: 12

Premium Essay

Leadership

...Effective Leadership Development Seven Steps for Effective Leadership Development Introduction ....................................................................................... 1 Leadership Challenges in Business ................................................... 3 Elements of Leadership Development Programs ............................... 5 1. Determine the Best Leadership Style for Your Organization ...... 7 2. Identify Current and Potential Leaders Within the Company ...... 7 3. Identify Leadership Gaps ......................................................... 11 4. Develop Succession Plans for Critical Roles ........................... 12 5. Develop Career Planning Goals for Potential Leaders ............. 14 6. Develop a Skills Roadmap for Future Leaders ......................... 15 7. Develop Retention Programs for Current and Future Leaders . 18 Conclusion ...................................................................................... 19 Seven Steps for Effective Leadership Development Introduction The importance of business leadership is well articulated by this observation: A good leader can make a success of a weak business plan, but a poor leader can ruin even the best plan. That’s why developing effective leadership by using a consistent talent management program at all levels across the organization can return significant business value. To identify, attract, fill, and retain corporate leadership talent, companies need leadership development programs...

Words: 5482 - Pages: 22

Premium Essay

5 Day Leadership Programme

...5 DAY LEADERSHIP TRAINING PROGRAMME Date: 1st - 5th feb 2011 Time: 9 am- 12 pm Venue- S.A.I.M College Participants: MBA students Participants : 30 Innovative leadership development programme to help you manage the range of leadership challenges that arise at different stages in your career. This five-day programme is designed to help participants become leaders with impact. Whilst providing inspiration and guidance for established leaders, those looking to be better prepared when the opportunity arises will also benefit. Each programme is designed to help you gain personal insights into your own leadership style and learn the tools and techniques required to become an inspiring leader. Day 1: leadership orientation * Programme introduction * Programme overview * Introduction of all participants and their view on leadership * The Leadership Challenge—Which Leader are You? * Initiate Small Group Leadership Project Objective of day 1: to give brief idea about whole programme. Understanding the view of participants and their expectation from this programme. Interaction among the participants and with lecturer. Day 2: * Lecture on different styles of leadership * Participants will divide into 6 group , 5 members in each group * The Art of Collaboration—Team Building * Group Discussion based on different leadership style through film * Group presentation based on the film Day 2 objectives: Introduces...

Words: 661 - Pages: 3

Premium Essay

Leadership Challenges In Omantel

...Research Title: Research in: Leaders & Challenges - Case of Omantel Statement of the problem: The life of a modern-day leader clearly is not easy. Leaders in all organization face different type of challenges that affect the performance of individuals and organization as well. In order to perform well the leaders should manage the team in high level of professionalism.it is really significant to address this issue and give recommendation that could help leaders. This research will cover the challenges leaders face in Omantel (The biggest Telecommunication Company) in Oman. Purposes: The main purpose of this research is to study the nature of leadership in Omantel, (the biggest telecommunication company in Oman) and evaluate the challenges...

Words: 1324 - Pages: 6

Premium Essay

Gsl Cpa Index

...Productivity frontier 1 mission, company 1 vision company 1 Strategic planning process 1 Leadership vs management 1 management vs leadership 1 Leadership definition 1 ethics and leadership 1 leadership and ethics 1 Friedman, 1 neoclassical economy 1 Sociioeconomic view of ethics 1 Stratetgy approaches 1 Appraoches to strategy 1 Rational approach, strategy 1 Ansoff 1 Processual approach 1 Loigcal incrementalism 1 planning vs crafting 1 crafting vs planning 1 Rational approach vs processual 1 evolutionary approach 1 Systemic approach 1 Startegic thinking 1 Strategic thinks vs planning 1 Startegic planning vs thinking 1 thinking vs planning 1 planning vs thinking 1 Fit vs stretch 1 Stretch vs fit 1 Levels of strategy 1 strategy level 1 Corporate strategy 1 Business strategy 1 functional strategy 1 global context of business 1 globalisation drivers 1 Competitive forces 1 technological forces 1 social forces 1 political forces 1 Globalisation challenges 1 Competition 1 distribution 1 macro-economic 1 socio-economic 1 financial 1 legal 1 Physical 1 Political 1 sociocultural 1 labour 1 technological forces 1 Globalisation benefits 1 costs benefits 1 timing benefits 1 learning benefits 1 arbitrage benefits 1 Role of accountant in strategy development 1 accountant role in startegic development 1 Comments 19 art of planning and conducting a war; "strategy is the art of using...

Words: 2428 - Pages: 10