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A finance expert who wants now to expand into marketing or customer dealings can choose from a myriad of short courses that deal in the same fields. . As people advance in their industry, they may need to develop leadership, finance, or accounting skills, which they can acquire through these EMBAs or short business courses.
A multidimensional approach to leadership development means encouraging leaders to make the intentional decision to step out of their comfort zones of competence. Some may be engineers, marketers, finance directors, or salespersons. That’s real development. Real Results. Our client is a large business software company.
The following functional areas exist within XYZ Widget: Finance, HR/Admin, Sales, Customer Service, Planning & Procurement, Materials Management, Manufacturing, and Quality Control. The LeadershipPipeline: How to Build the Leadership-Powered Company , Authors: Ram Charan, Stephen Drotter, James Noel; Publisher: Jossey-Bass, 2001.
Much of Charan’s recent work has tilted towards organization and people (books on strategy execution, leadershippipeline, talent and advice on intensity, change, leadership traits, performance management, governance). This is both unfair and simplistic. It ignores what I call the 20-60-20 rule.
Developing a diverse leadershippipeline can benefit companies in all sectors. They were employed in midlevel to upper-midlevel management positions in strategy, finance, marketing, legal, operations, and technology functions. But companies also have a key part to play in fostering diversity in their leadershippipeline.
The CEO thought he needed to step out of the chief sales role to focus on operations and finances. This is why it’s the role of midsized company CEOs – not their HR heads — to build the leadershippipeline, both internally and externally. Consider the case of a $30 million manufacturer.
Some of the gap can be attributed to career choice: more women than men choose to go into teaching and social work, for example, which pay less relative to "male" professions such as finance and technology. Women have fewer leadership role models and they arguably have greater demands outside of work competing for their attention.
This technology knowledge is piled on top of existing expertise nurse executives are expected to have about clinical practice, patient experience, finance, safety, employee relations, process improvement, leadership development, and managing interdisciplinary teams. The list goes on and on.
How much time do you spend enhancing your organizational culture, leadershippipeline, and employer brand? If you’re typical, then your culture, leadership, and employment brand are described vaguely or not at all. How well are those efforts reported to your investors?
Yet progress within organizations has been slow – there is still a lack of women and minorities in leadership positions, and certain industries like tech and finance are lacking diversity at all levels. And many diversity programs fail.
We also offer expanded coverage and support for mental health and provide employees with proactive financial wellbeing tools to improve management and finances and reduce financial stressors, including budgets, property and family planning.
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