Strategic Challenges for leadership

Chapter 10

Strategic Challenges across the HR Policy Clusters

Hr policies have different clusters based on which HR Managers can develop various strategies like: Talent identification Human capital development Reward management Employee relations

HR policies to safeguard you

Strategic issues involved in HR roles

Redesigning: HR

Outsourcing and Role delivery

To

do business in a global environment it is important for organizations to understand cultural differences and develop cross cultural differences

Understanding Cultural Differences

Greet

Hofstede identified five dimensions of culture which influence work related attitudes of employees. They are: Individualism Vs Collectivism Power distance Uncertainty Avoidance Masculinity Vs Femininity Time Orientation

Workforce diversity
Diversity refers to differences in age, personality, ability and social status. The changing demographics have resulted in increased attention to diversity. The issues to be addressed are:Gender Diversity Age Diversity Cultural Diversity

Succession Planning

Succession planning is the process of identifying , assessing and developing talent to ensure that every key position in the organization is held by an efficient leader

SUCCESSION PLANNING SYSTEM

Performance review Succession plans Exit plans Talent

Company Strategy

Strategy is a driven activity that consist of the goals and objectives of each department and fitting into the vision and mission of the Municipality. Identifying and developing leaders is part of a strategy and is not reserved for a few selected people

Succession Potential assessment planning Performance reviews To ensure long terms Company done on an individual staffing of managerial needs basis. Part of the review and other key positions To coordinate cross must include the determination of the departmental potential of the person movements To monitor the and the preparation of such an individual to ongoing development of address the needs of the managers To ensure state-ofdepartment in particular and the Municipality as a the-art managerial whole development processes To identify possible exits

Who is going where? management Performance and retirement plans exits Critical, core and scarce skills at all levels identified Individuals with high performance abilities identified Individuals with strong academic roots combined with exceptional personal attributes identified Innovative, creative individuals identified who can open up new landscapes Individuals in designated groups identified who have the potential to develop into new leaders

Benefits of Succession Planning

It

assures the continuity of leadership in organizations. It contributes to the success of the organization. It guides the development activities of key executives. It ensures that the senior management does a disciplined review of the leadership talent available within the organization. It helps review the selection , appraisal and management development processes.

Leadership In Family owned and Professionally Owned firms

It

is difficult to separate ownership and management in such business. Mostly have family members on the board. Issues of trust, control systems and governance surface in such business.

Reasons behind transition of family owned business into professionally owned business

Globalization
Increased

complexity Need for specialist expertise Competitive pressures

Strategies for successful Transition of family owned business into professionally owned business

Freedom

to professional managers Change in the mindset Ownership Determination

Women CEOs
Make

better managers as they are known to be intitutive, conscentitious, sensitive , sympathetic, caring and innovative. Sulajja Firodia motwani Managing Director of Kinetic Finance. And Joint managing Director of Kinetic Honda ltd.

Glass Ceiling
The

term glass ceiling was originally coined in the early 1990s in a Wall Street Journal column titled The Corporate Woman. The glass ceiling is defined as, Any unacknowledged discriminatory barrier that prevents women and minorities from rising to positions of power or responsibility, as within a corporation. Although this term is widely accepted, the issue itself has served to be a topic of ongoing debate. While females have made strides since the Womens Rights movement first began, in the opinion of Professor Rapping, the glass ceiling definitely still exists. And its a challenge for leadership.

THANKYOU