Developing Enterprise Leaders
Doug Ready, Visiting Professor of Organisational Behaviour, talks about the importance of developing enterprise leaders
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In a new podcast, Doug Ready, Visiting Professor of Organisational Behaviour discusses the challenges for managers transitioning from unit leaders to enterprise leaders.
Doug comments that, "This transition is probably the most difficult for managers to make. The move from running a unit, geography or function to becoming part of a team running an entire group or organisation requires development of new skills and strengths. It requires a change in behaviour and the way you think about the business, which can sometimes mean making difficult decisions about people or projects you have worked closely with."
Doug also cautions that failure to manage this transition can lead to ‘executive derailment' at the cost of an otherwise successful leader, and which may make potential future leaders afraid to make bold decisions and take risks.
Companies and CEOs need to understand the importance of developing enterprise leaders, and fortunately increasing numbers are doing so and paying more attention to talent management. "More and more companies are connecting the dots between the critical nature of talent and winning in the marketplace", Doug concludes.
Doug Ready leads the Strategic Talent Management executive programme at London Business School. Listen to the podcast to hear more of Doug Ready's advice on developing enterprise leaders.