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Challenges for Developing Leaders for the Future

In: Business and Management

Submitted By alokbhardwaj64
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Challenges for developing leaders for the future

Author: Alok Bhardwaj
Affiliation: IBS Ahmedabad
Ph no :9426222681
Email id :13alok.bhardwaj@ibsindia.org

Niyati Patel
Affiliation: IBS Ahmedabad
Ph no :9408532152
Email id :13niyati.patel @ibsindia.org

Prof. Pankaj M Madhani

Faculty ( Finance and Strategy)
IBS Business School,
IBS House, Opp. AUDA Lake
Science City Road, Off. S.G. Road,
Ahmedabad – 380 060, India

Tel : +91-79-654 30148, 654 30149, Mobile : + 91-9662122075
Email : pankaj@ibsindia.org

Leaders will have to be multilingual, flexible, internationally mobile and adaptable. But, most crucial of all, they must be highly collaborative and have strong conceptual and strategic thinking skills. The real thing leaders do is create environments that drive performance. Leaders engage and enable people. Leaders of the future will need to be adept conceptual and strategic thinkers, have deep integrity and intellectual openness, find new ways to create loyalty, lead increasingly diverse and independent teams over which they may not always have direct authority, and relinquish their own power in favor of collaborative approaches inside and outside the organization. It's that simple, but it requires a shift of focus from solely outcomes, production numbers, and revenues to motivating people so they're passionate about helping the company achieve its goals. There are six challenges which the research paper focuses , that leaders will have to face in the competitive environment. This research paper would also focus on some factors that could create leaders for future. It's about practices that leaders use to transform values into action, vision into realities, obstacles into innovations, separateness in solidarity, and risks into rewards. Leadership will require cross-killing and multi-skilling of employees at...

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