Leaders Are Rarely Developed By Accident, Only By Design
"Where will we find them?" is the plaintive query by R. Suresh, managing director (India) of search firm Stanton Chase. Suresh is talking about the 5,000 CEOs he estimates India Inc. is going to be clamouring for over the next four years.
But is that really an issue? You can always go and pick a CEO in the market. That is what labour markets exist for! This is a make versus buy decision that most organisations have never had to grapple with so far.
Make or Buy Leaders?
Leadership development too is an outsourcing issue. Do we do it in-house or let somebody else do it for us? Most firms have historically followed the latter approach. And the reason is perfectly understandable.
If you look back to how the Indian economy operated 15 years ago, success was defined by doing two things very well:- one , getting a licence; two , making sure nobody else gets it.
The key skill required was the ability to manage regulators effectively. Managing the competition was never an issue. It......
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