Cultural Dimensions of Leadership
February 12, 2025
Negotiation is nothing but a discussion among individuals to find out an alternative which takes into account the interest of all and nobody is at loss. In a win- win negotiation people try their level best to come to a solution where every one is benefited and no body is at loss. Negotiation is essential […]
In the previous section we read about the Weberian Model of Bureaucracy and its various aspects, however like all models this one too has its share of criticism and dissection performed by scholars and subject matter experts. The critics of the Weber model said that his theories of bureaucracy heavily discounted the human aspect in […]
Politics arises when employees try to gain something which is beyond their control by tarnishing their colleague’s reputation. It has been observed that employees who are indulged in office politics pay less attention to their work. Individuals play politics at the workplace when they tend to misuse their power simply to come in the limelight […]
The concept of Attention is studied in Cognitive Psychology with focus on explaining how we process the environmental information with the help of our sensory receptors. The term attention is used for various perceptual processes, which involves selection and inclusion of certain sensory inputs as a part of our conscious experience. The process of attention […]
In the previous articles, we have seen how we can use exposure at default (EAD), loss given default (LGD), and probability of default to calculate the value of expected losses. However, it needs to be understood that expected losses are at best a crude estimate of the amount of money that would be required to […]
Preparing a leadership development plan is not an easy task. The entire process involves a comprehensive effort and careful planning at every stage.
Various steps go into the development of a leadership development plan. The process starts with an initial phase of self-assessment and the data collected from self-assessments is then used for defining the vision and goals.
The next stage is the stage of the definition of SMART objectives which contribute towards the enablement of the objectives and identification of the competencies which help in the realization of these objectives.
Steps which are required to be taken after writing a leadership development plan:
The stage of implementation of a leadership plan involves the following key aspects:
For keeping the motivation levels high, apart from regular monitoring, rewarding achievements is also crucial as a leader progresses through various stages of the development plan.
Employee retention and motivation can be achieved by engaging the employees in career development programs which can also be combined with mentoring support and facilitation.
Mentors offer a structured and a transparent feedback to the mentees on their progress at work, their areas of improvement and also suggest a remedial plan of action for developing their leadership talent.
Critical operations from the stage of onboarding of an employee, implementation of employee engagement and retention initiatives, to mentoring & coaching for performance enhancement, strategizing succession planning to fill up important leadership positions, can be efficiently managed by using technology.
Your email address will not be published. Required fields are marked *