Developing Leaders: How Winning Companies Keep On Winning Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

Care in the home candidates for executive positions is critical for companies that want to remain competitive. Leadership expert Robert M. Fulmer, Philip A. Gibbs, and Marshall Goldsmith give an idea of the current best practices of leadership development, basing his observations on a recent study that tested the six best practices of companies. Arthur Andersen, General Electric, Hewlett-Packard, Johnson & Johnson, Shell, and the World Bank, all recognize that maintaining a steady stream of leaders moving up is essential for vision. The authors identify five key elements for success: knowledge (to learn about the latest approaches to leadership development), waiting (with future scenarios envision the future needs of the business), action (find ways to use executive education programs to support strategic initiatives), alignment (provision of documents used for assessment, succession planning, and education correspond), and evaluation (assessment of how management education improved business results.) Approaches differ. The World Bank provides future leaders stay in poor countries so that they can do a better job of supporting the Bank's aim to reduce poverty. At GE, the company famous Six Sigma to improve the quality of programs and creative ideas to expand in emerging markets based on the presentations at the events on the development of leadership. In the best practice of the organization, the most senior people to set an example to support leadership development programs. "Hide
by Robert M. Fulmer, Philip A. Gibbs, Marshall Goldsmith Source: MIT Sloan Management Review 13 pages. Publication Date: 01 Oct 2000. Prod. #: SMR055-PDF-ENG