Leadership pipeline

Leadership pipeline Skills which future leaders require Future leaders of the organization will need to possess strategic management skills as this will be critical in top leadership situations. Instances of expansions through mergers or acquisition are becoming quite rampant. Alternatively, new opportunities to either change product design or introduce new ones are always lurking (Biggs 106). Therefore, one must know how to handle such scenarios through sound strategic decisions.Advertising We will write a custom case study sample on Leadership pipeline specifically for you for only $16.05 $11/page Learn More A leader should also be familiar with financial skills as management of stock prices is critical in maintaining peak performance. Large organizations like Mattel reported dismal performance under a new leader because it lacked skills on how to handle Wall Street (Conger Fulmer 81). To attain the mission and vision of the company, future leaders will require knowledge in marketing and public relations. The firm’s survival is dependent on how much revenue it can generate, and management of the company image is imperative in this arena. For instance, a product scare may arise in a different part of the world (Charan 77). The leader needs to coordinate public relations efforts that would restore the company’s reputation. Failure to do so could lead to the loss of loyal consumers. One must have operational skills that allow the person to manage product –related issues. Leaders who only have strategic and theoretical knowledge may make unwise decisions, which are unrelated to the goings-on on the ground. Having people skills is also critical for the future survival of the organization. Leaders need to know how to build consensus so as to cause the organization to move forward. People skills also entail knowing how to resolve conflicts, delegate duties as well as communicate effectively with individuals. Some of these skills can be ta ught formally through training classes. However, most of them require exposure to situations that involve them (Rothwell 32). This is the point where leadership development becomes relevant. For leaders to achieve the vision and mission of the company, they need to undergo job rotations at junior level and then continue to do so at mid and higher levels so as to become competent. How high potential leaders ought to be identified High potential leaders should be analyzed through a talent assessment system. This approach ought to involve the employee, his or her former and current supervisors, human resource management, as well as other senior level organizational leaders (Holincheck 18). All employees need to know that they are under continuous assessment.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The company needs to meet with these employees at least once a month to kn ow the extent of their progress (Karaevli and Hall 77). Senior managers and the human resource team should meet with current and former supervisors of the employee so as to discuss their opportunities for growth. For instance, they may decide that the assistant store manager for a certain branch lacks experience in store layouts. The person may be given a transfer to a branch that has perfected this practice so as to learn from it. Therefore having regular assessments of team members is a significant way of identifying potential leaders. The company should identify its leaders starting with lynchpin positions. This will allow them to safeguard positions that are critical to the success of the organization. They need to give potential candidates for this positions access to organizational information on their skills, competencies and potential for leadership. They can offer access through a secure database. The company needs to track ready candidates and focus on expanding the pool ( Kur and Bunning 762). Currently, the organization under consideration normally focuses on hierarchal positions within the company. For instance, if the supplies-and-logistics manager leaves the company or retires, senior management will consider his assistant to take up the task. If the assistant appears uninterested or lacks the right qualities, then the company will hire from outside. This approach is reactive and shortsighted. The company only identifies leaders when there is a gap and someone needs to fill it. The company has missed out on promising candidates merely because it is so rigid in its approach. Furthermore, the lack of a long term focus on the matter implies that the company will not develop people sufficiently to handle the new responsibilities (Berke 55). Some of them may not be mentally prepared for such opportunities owing to the lack of strategic methods of leadership identification.Advertising We will write a custom case study sample on Leadership pipel ine specifically for you for only $16.05 $11/page Learn More Essential developmental experiences Development needs to occur through classroom training in some instances. However, this should not be the sole focus of the experience; it will only work if the company combines it with a range of practical approaches. Leaders need certain technical skills that may assist them in performing their jobs, and this can only be learnt in formal classrooms (Caruso et. al. 44). A case in point is management of the supplies-and-logistics department. A leader will perform his job effectively if the person has some technical knowledge on logistics management. Some training experience in development is necessary. Perhaps one of the most significant developmental experiences is job rotations. Leaders have an opportunity to get past their comfort zones whenever they move from one position to the next. It gives them a holistic view of the organization and causes them to understand how the different aspects of the company depend on each other (Charan et. al. 55). This approach also builds the skills base of employees as it augments their academic credentials with practical experience. Special assignments are also a critical method of carrying out leadership development. This method provides individuals with an opportunity to acquire managerial skills. It causes them to expand their strategic capabilities without hurting the company’s bottom line (Allio 22). Whenever by people who do not have much experience make strategic decisions, there is the risk that they might make the wrong ones. However, if senior leaders delegate a special assignment concerning a small joint venture is to an upcoming leader, then the company will not suffer tremendously if the venture underperforms. The risk is worth taking because it is small and provides so much experience on the part of the employee. Furthermore, special assignments reduce the need to wait for job vacancies bef ore real leadership responsibility can be practiced (Britt 12). Even when opportunities for senior management are few, employees can still practice leadership skills through this approachAdvertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Linchpin jobs in the clothing retail organization under consideration involve the operation of stores. The supplies-and-procurement position is a critical job; it determines the rate at which clothes enter the company and how effectively the firm meets customers’ needs. The store manager is also pivotal to the success of the company because he is in touch with clients on a regular basis. The individual assesses their reactions to prices, sizes and designs. He is the bridge between senior management and consumers so he can give feedback to them whenever something critical arises. Another linchpin job is the sales and marketing position. This person informs consumers about new designs, promotions and bonuses. Since the fashion industry is quite dynamic and competitive, one needs to be in constant communication with one’s consumers. Allio, Robert. â€Å"Interview: Noel M. Tichy explains why the virtuous teaching cycle is integral to effective leadership.† Strategy Leadership 31.5(2003): 20-6. Print. Berke, David. Succession planning and management: A Guide to organizational systems and practices. Greensboro, North Carolina: Center for Creative Leadership, 2005. Print. Biggs, Errol. â€Å"CEO succession planning: an emerging challenge for boards of directors.† Academy of Management Executive 18.1(2004): 105-7. Print. Britt, Julie.â€Å"It’s time to get serious about succession planning.† HR Magazine 48.11(2003):12. Print. Caruso, Karen, Leah Groehler and Jim Perry. Current Trends in Succession Planning and Management. 2012. Web. viapeople.com/Current_Trends_in_SPM.pdf Charan, Ram. â€Å"Ending the CEO succession crisis.† Harvard Business Review 83. 2(2005): 72-81. Print. Charan, Ram, Stephen Drotter and James Noel. The Leadership Pipeline. Josse Bass, San Francisco, CA, 2001. Print. Conger, Jay Robert Fulmer. â€Å"Developing your leadership pipeline.† Harvard Business Review, 81.12(2003):76-84, Print. Hol incheck, James. Building the benefits case for talent management application investments. Harvard: Harvard University Press, 2008. Print. Karaevli, Ayse and Douglas Hall. â€Å"Growing leaders for turbulent times: Is succession planning up to the challenge?† Organizational Dynamics 32.1(2003): 62-79. Print. Kur, Ed and Richard Bunning. â€Å"Assuring corporate leadership for the future† Journal of Management Development 21. 9 (2002): 761-79. Print. Rothwell, William. â€Å"Putting success into your succession planning.†Journal of Business Strategy 23.3 (2002): 32. Print.

Favorite Spanish Proverbs With English Translations

Favorite Spanish Proverbs With English Translations The Spanish language is rich with refranes, sayings or proverbs that often become a shorthand way of conveying a thought or expressing a judgment. Here you will find a collection of a sayings, one for each day of the month. Of the literally hundreds of sayings that are a part of the language, this list includes some of the most common as well as a few others that were chosen simply because they are interesting. Refranes espaà ±oles  / Spanish Sayings Ms vale pjaro en mano que cien volando.  A bird in the hand is worth more than 100 flying. (A bird in the hand is worth two in the bush.) Ojos que no ven, corazà ³n que no  siente.  Eyes that do not see, heart that does not feel. No por mucho madrugar amanece ms temprano.  Not through much awaking early does the dawn come earlier. El amor es ciego.  Love is blind. Perro que no camina, no  encuentra  hueso.  The dog that doesnt walk doesnt find a bone. (You cant succeed if you dont try.) Dime con quià ©n  andas  y te dirà © quià ©n eres.  Tell me with whom you walk and I will tell you who you are. (A man is known by the company he keeps.) El diablo sabe ms por viejo que por diablo.  The devil knows more due to being old than by being the devil. A la luz de la tea, no hay mujer fea.  By the light of the torch there is no ugly woman. Haz el bien, y no mires a quià ©n.  Do the good, and dont look at whom. (Do what is right, not what will gain approval.) El que nacià ³ para tamal, del cielo le caen las hojas.  The leaves fall from the sky for him who was born for the tamal (a traditional Mexican food made from corn leaves). No hay mal que por bien no venga.  There is no bad from which good doesnt come. Quien no tiene, perder no puede.  He who doesnt have is unable to lose. (You cant lose what you dont have.) No todo lo que brilla es oro.  Not all that shines is gold. (Not everything that glitters is gold.) Perro que ladra no muerde.  The dog that barks doesnt bite. A caballo regalado no se le mira el diente.  Dont look at the tooth of a horse that was given. (Dont look a gift horse in the mouth.) A Dios rogando y con el mazo dando.  To God praying and with the mallet using. (God helps those who help themselves.) Eso es harina de otro costal.  That is wheat from a different bag. (Its a bird of a different feather.) De tal palo, tal astilla.  From such a stick, such a splinter. (A chip off the old block.) Para el hombre no hay mal pan. (O, para el hambre no hay mal pan.)  There is no bad bread for man. (Or, there is no bad bread for hunger.) Las desgracias nunca vienen solas.  Misfortunes never come alone. (Bad things happen in threes.) De buen vino, buen vinagre.  From good wine, good vinegar. El que la sigue, la consigue.  He who follows it attains it. (You get what you work for.) Saliste de Guatemala y te metiste en Guatepeor.  You left Guate-bad and went to Guate-worse. A quien madruga, Dios le ayuda.  God helps the one who arises early. (God helps those who help themselves. The early bird catches the worm. Early to bed, early to rise, makes a man healthy, wealthy and wise.) Camarà ³n que se duerme, se lo lleva la corriente.  The shrimp that falls asleep gets carried away by the current. Del dicho al hecho, hay mucho trecho.  From the saying to the act, there is much distance. (Saying something and doing it are two different things.) Si quieres el perro, acepta las pulgas.  If you want the dog, accept the fleas. (If you cant stand the heat, get out of the kitchen. Love me, love my faults.) De noche todos los gatos son negros.  At night all cats are black. Lo que en los libros no est, la vida te enseà ±ar.  That which isnt in books, life will teach you. (Life is the best teacher.) La ignorancia es atrevida.  Ignorance is courageous. Cada uno lleva su cruz.  Everyone carries his cross. (We each have our own cross to bear.)