...CORPORATE LEADERSHIP COUNCIL® DECEMBER 2005 www.corporateleadershipcouncil.com LITERATURE KEY FINDINGS Developing Asian Leaders Finding 1: Many Western companies believe they will gain competitive advantage by developing senior Asian leaders due to decreased staffing costs and better navigation of local culture compared to that of expatriates. That said, significant challenges exist for developing local talent, such as a lack of formal extensive education, Western management skills, and language skills. Advantages of Developing Asian Leaders Asian Trend: Sourcing Locally A Hudson Recruitment survey of 500 multinational companies indicates that 87% of companies do not plan to bring in new expatriate employees in the near future. This strategy is expected to avoid the increasing salary costs and lack of local market knowledge common 2 among expatriate new hires. Trend: Developing talent locally—According to a Deloitte Touche Tomatsu study (n=680), local employees will significantly outweigh expatriate talent in senior management positions in China in the coming years. Leaders at multinational firms expect expatriates to only hold 26% of senior positions that they currently hold. Therefore, to compete with other companies in the future, companies should invest now 1 in developing their local leaders. 2 Expatriates are expensive—The primary driver behind localization of the senior leadership in China is cost savings. Costs of expatriates include...
Words: 2830 - Pages: 12
...McEntire, Lauren E., and Tiffany Greene-Shortridge. "Recruiting and Selecting Leaders for Innovation: How to Find the Right Leader." Advances in Developing Human Resources (SAGE Publications) 13, no. 3 (2011): 266-278. Summary and analysis of the article The article discusses the issues and strategies in selecting effective organisational leaders and successors. It highlights the importance of the innovative organisational leaders and the challenges faced sourcing for them. The article provides detailed methods to recruit leaders such as behavioural psychological assessments, personorganisation fit assessments, behaviourally based interviews and innovation targeted succession planning. It also explores the benefits of new approaches such as social networking media and websites to find the best leaders available to the organisation and traditional ways such as mentoring programmes to develop potential leaders. The purpose of the article was to review the importance of organisational leaders and the process of selecting the most suitable one. It highlights why the process itself is very important and how it affects the outcome of the selection greatly. The authors depended greatly on other research papers and scholar journals as evidences to justify their choice of strategies. Most of the strategies presented were also echoed from other researchers and reporters. For example, the authors mentioned social networking medias and websites as tools that could assist in the recruitment...
Words: 1349 - Pages: 6
...globalDeveloping the Global Leader of Tomorrow SPONSORED BY Developing the global leader of tomorrow Contents I Overview of research . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 I Executive summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 I Chapter 1 Trends in the external environment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 I Chapter 2 The organisational response . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 I Chapter 3 Implications for knowledge and skills . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 I Chapter 4 The performance gap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 I Chapter 5 Sourcing and developing knowledge and skills . . . . . . . . . . . . . . . . . . . . 20 I Next steps . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 I Case examples Unilever . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 IBM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Novo Nordisk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 BG Group . . . . . . . . ...
Words: 14482 - Pages: 58
...Title: Developing better change leaders. By: Smet, Aaron De, Lavoie, Johanne, Hioe, Elizabeth Schwartz, McKinsey Quarterly, 00475394, 2012, Issue 2 Database: Business Source Complete HTML Full Text Developing better change leaders Contents Scenes from the front lines of change Making sourcing more efficient Boosting yields at a factory Closing a plant Lessons observed Tie training to business goals. FOOTNOTE Listen Select: Section: Applied Insight Tools, techniques, and framewoeks for managers Putting leadership development at the heart of a major operations-improvement effort paid big dividends for a global industrial company. Few companies can avoid big, periodic changes in the guts of their business. Whatever the cause- market maturation, a tough macro-economic environment, creeping costs, competitive struggles, or just a desire to improve -- the potential responses are familiar: restructure supply chains; rethink relationships among sales, marketing, and other functions; boost the efficiency of manufacturing or service operations (or sometimes close them). Such changes start at the top and demand a relentless focus on nitty-gritty business details from leaders up and down the line. Too often, however, senior executives overlook the "softer" skills their leaders will need to disseminate changes throughout the organization and make them stick. These skills include the ability to keep managers and workers inspired when they feel overwhelmed, to promote...
Words: 2413 - Pages: 10
...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...
Words: 297 - Pages: 2
...it is also a more underlying charisma that is a motivating factor for those who follow a leader on a deep personal and emotional level. The ability to lead is an enviable skill that some are born with and some acquire and fine tune through the span of a life time. Simply because a persona is a leader, does that make them a worthy manager? What really identifies a person as a leader? There is an overwhelming amount of information available on the topic of leadership. Although leadership is a learnable skill, it takes practice to continue learning and growing in one’s role. Leaders can have both a positive and negative impact on those who are following, “an implicit lesson for leaders is the value of being conscious of what influence tactics one uses and what effects are typically associated with each tactic. … Leaders should pay attention not only to the actual influence tactics they use but also to why they believe such method is called for.” (Hughes, Richard, & Curphy, 2012) The influence that a leader can have on another is that of power. It is the potential to influence the behaviors used by one person to modify the attitudes, behaviors and possibly even beliefs of another. Being a leader sometimes requires one to step up and be courageous in making decisions, “leaders face dilemmas that require choices between competing sets of values and priorities and the best leaders recognize and face them with a commitment to doing what is right, not just what is expedient...
Words: 1065 - Pages: 5
...Trying to analyze the notion of leadership through a real example, we will now investigate the enterprise I work for and its Managing Director in particular, being a leader of the enterprise, but also a representative of the local authority. The enterprise in question is Aitoliki Development Enterprise, the company I work for since 2006, which was established in 1994 with the title “Development Company Apodotias – Ofionias SA (ANETAPO SA)” for the better use of natural resources of Mountainous Nafpaktia. Nowadays Aitoliki Development Enterprise S.A. represents 13 Organisations of Local Authorities, 2 Agricultural Cooperative Unions, 1 Commercial and Small Industrial Union of Nafpaktia, 1 Organization of Cooperatives of Νafpaktia, 1 Nautical Association, the Local Municipality and Community Association of Aetoloakarnania, the Chamber of Commerce and Industry of the Prefecture of Aetoloakarnania, the Technical Chamber of Greece, 1 fishermen association, 1 association of people with special needs and the Local Association of Solid Waste Management. It represents Local Authorities in the prefectures of Aetoloakarnania, Fokida and Evrytania and is considered a transrregional company (Regions of Sterea and Western Greece). The company intends in the rational utilization of natural resources of Aetolia, through activities that contribute in the creation of initiatives, programs and collaborations and point out the comparative advantages of the region, giving answers to the following...
Words: 1155 - Pages: 5
...Leadership Characteristics By Kayla Geiger 4/28/13 I admire the organizational leadership within the company that I am employed. I want to highlight on the last five years of Montana-Dakota Utilities before getting into detail about specific styles of leadership that I agree with. The company in the last 5 years has went through several major changes that displayed the importance of leadership. We have purchased other companies which eventually went through merger to be more streamlined. We have changed Presidents and Executive officials. All these changes have been completed with minimal loss and structure change. We have some very important statements that our leaders follow by. We are four brands that have become one utility. With Integrity, create superior shareholder value by expanding upon our existing expertise to be the supplier of choice in all of our markets while being a safe and great place to work. While utilizing existing expertise, safely provide value added products and services that exceed customer expectations. There is a lot of positive direction in those two statements. Our leadership is driven to provide the best and safest products that we can. When the company first started its merger in 2008, there were several changes announced in a short period of time. Some of these changes were people losing their jobs and others were department restructuring. The people involved in either change had some important movements coming...
Words: 822 - Pages: 4
...(2010) posit that “there is a relationship between the level of environmental turbulence and forces for change”. This has placed hyper-competitive demands for organizational change where organizational leaders are faced with the experience and challenge of whether they have an option when it comes to change (Boston 2000). However; despite the importance for organizational change, Durant (1999) notes that 60% - 70% of all organizational change projects fail with tremendous cost implications to the organizations in resources, time, money, etc. This has given rise to growing concerns at this time when change has become a norm in the life of organizations as a strategy for competitiveness and sustainability in response to the business environment (Connor et al 2003). Durant (1999) posits that one of main reasons for failed organizational change projects is linked to the role of leaders in organizational change. It is no doubt that organizational change involves complex and challenging change processes; thus, the imperative role of leadership been noted as key in addressing the complex and challenging issues of organizational change (Kennedy 2000). Senior & Fleming (2006) in discussing the role of leadership in organizational change posits organizational leader as an agent of change shouldered with the responsibility of taking the initiatives and practical steps needed in bringing the desired change in the organization. This brings us to a very important question:...
Words: 337 - Pages: 2
...personal stature, controlling access to information, not revealing real intents, building coalitions etc. Interplay between leadership, authority, influence and followers How organizational politics is related to leadership can be better understood from the fact that organizational leadership occurs in the context of groups, where followers are influenced by the leader to ensure their commitment and voluntary involvement towards predetermined outcomes. Political climate of an organization is impacted by a leader through treatment and use of authority under different settings which is clearly visible during the acts of decision making, setting agenda and interaction with others to mobilize support, inspire teams and individuals and recognize people. This interplay between leaders and their authority & influence over the followers set the tone for political climate in an organization. Understanding of organizations’ political systems - key to success Understanding of organizations’ political systems is absolutely essential for leadership to maneuver the company towards the goals. Internally grown leaders will have an advantage of knowledge of...
Words: 568 - Pages: 3
...Pastor Shayne Michael Daughenbaugh Introduction to Youth Ministry May 1, 2014 YOUTH MINISTRY FINAL Many might ask, why is youth ministry important in the church? The answer to this question is very easy, and it is because youth are the leaders, makers, and team members of the future. They are energetic, mature and smart enough to help with a lot of things like, setting up for church, spreading the word of God to the community. It is also necessary because it helps to have important relationships between youth and the youth workers; and youth to youth themselves, it makes great friendships. Going back to the given scenario, of just moving to a new church and want get involved in their YM. When I first get there I have to first learn how things work there. Get to know the people that are already working with the youth if there is any and get to know the youth in the church. As I am observing how things work I need to be asking be keeping my self in check by regularly checking my motives and my heart. Making sure that on my side everything is good with my spiritual life and also I am in good terms with my family. After making sure that I am set and God has given me the go ahead sign. Then I will go and suggest some ideas to the youth leaders that are already trying to pursue the job. Now lets say this church is a Tanzanian church. I am more that 90% sure that there is no church out there that is doing youth ministry that has to do with relational ministry. I know this is the...
Words: 1300 - Pages: 6
...be able to support the unit’s mission no matter what it may be. The organizational mission could vary from unit level training, natural disaster assistance and go as far as combat. The first thing we as leaders need to take into effect is the organizational mission, both in peace time, tactical training and combat. This will set the tone for required training needed to be an effective leader in order to support the unit at the organizational level as well as the tactical level. I believe that Tactical Leadership is developed from previous experiences obtained through training performed at the organizational level. Everything we do as leaders is in preparation to support the organization at the unit level in peace time as well as at the tactical level during war, or tactical training. In order for this to work effectively leaders must follow set standard operating procedures (SOP’s). Leaders are constantly evolving, and without defined parameters established thru SOPs we as leader will not be effective. These standards were set in place to assist shaping organizational leaders into tactical leaders. Basic leadership skills and competencies play another important part as well. These skills must continuously be honed and improved on. I believe as a leader...
Words: 460 - Pages: 2
...Leadership is shown in our everyday lives by those who surround us. Sometimes being a leader is easier to describe than it is to implement.There have been leaders as long as there's been civilization. Leaders are people who take other into account and try to inspire and motivate people to do the right thing and create something new. One of the most important and well-known leaders of the United States is Abraham Lincoln. Abraham Lincoln demonstrated being an exceptional leader by leading us through the bloodiest war, by preserving the union, strengthening the federal government, and abolishing slavery. Leaders are not only Presidents but are also people we see on an everyday basis. One leader in Flint, Michigan, named Dr. Hanna-Attisha was...
Words: 949 - Pages: 4
...empowerment in ourselves and exceed above and beyond expectations. He tells us that self motivation can be fueled by the four C words of Competence, Consequences, Choice and Community. After listening to Mr. Geller’s speech I have come to the realization that a leader who inspires self motivation and empowerment needs to be an effective communicator. It is the expertise of a leader’s communication skills that will get others to perceive the four “C” words that “fuel” self motivation. A leader must be able to effectively communicate to others the perception that they are Competent. Geller states that to inspire self motivation by...
Words: 452 - Pages: 2
...Summary I already watched three videos from Forbes about woman leader in an organization. The summary of three videos that I chooses, as women continue their upward trajectory in the business world, they have yet to be fully appreciated for the unique qualities and abilities they bring to the workplace. It’s impossible to respect, value and admire great leadership if you can’t identify what makes a leader great. As a leader of some organization woman was surrounded by strong-willed, hardworking and purpose-driven women. It is through their leadership that the traditions, values and legacy of our family have been upheld. They have taught that a woman’s instincts and emotional intelligence can be off the chart. For a man it so difficult to understand about what women thinking, because what woman thinking and what man thinking is have a little different. Also in woman act and innovation, unless he has been closely influenced by the women in his life. I’ve learned that women may process things differently and in their own terms. Fortunately for me, I’ve been influenced by great women who made me appreciate their approach towards leadership. I’ve grown to understand their decision-making processes, the dynamics and subtleties of their personality and style, and other special character qualities that women possess. What I know about woman are the best leader that have circular vision that enables them to be well-rounded people. For...
Words: 1447 - Pages: 6
