210 likes | 878 Views
How to Grow Great Leaders:. INBS 640 by Sujit K. Bhattacharjee. How to Grow Great Leaders:. The biggest test that rising leaders face is aggressively championing a business unit while looking out for the enterprise as a whole. . How to Grow Great Leaders:.
E N D
How to Grow Great Leaders: INBS 640 by Sujit K. Bhattacharjee
How to Grow Great Leaders: The biggest test that rising leaders face is aggressively championing a business unit while looking out for the enterprise as a whole.
How to Grow Great Leaders: To meet that challenge demands a new approach to leadership development.
How to Grow Great Leaders: Two sets of skills: Retail skill –Unit level Wholesale skill– Enterprise wide
How to Grow Great Leaders: It is not the purpose of teaching the retail leaders to focus on the enterprise agenda alone; it’s to develop leaders who can manage the inherent tensions between unit and enterprise priorities.
How to Grow Great Leaders: Companies must synchronize the actions of business units and the goals of the enterprise as a whole. Customers want integrated and global services.
How to Grow Great Leaders: Example: PriceWaterhouseCoopers RBC Financial Group
How to Grow Great Leaders: Then CEO Jim Schiro envisioned PWC drawing expertise from 6 lines of service to provide complete solutions.
How to Grow Great Leaders: This resistance was grounded in the institutional history. Both the companies had deep rooted cultures that rewarded excellence within each line of business.
How to Grow Great Leaders: • RBC Plan/Programs: • Focus out of the silos. • Group Management Committee (GMC) • Dialogues and exchanges to resolve dilemmas • Lines of communications across platforms • Right the rewards
How to Grow Great Leaders: Escape the Silos -Out from the Comfort zones -Accountability
How to Grow Great Leaders: Right the rewards -Assess performance on overall strategy -Economic –salary-short-term and long-term
How to Grow Great Leaders: Top executives/Leaders must: -Break down their silos. -Forge imaginative career paths. -Discuss openly -Reward system -Motivate
How to Grow Great Leaders: Thank you Now, Questions?