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The Leadership Investment: Book Review

Abhishek Tuli

068

Vishnu Raj

124

About the Book

Authors

Robert M Fuller, Ph.D.

Marshal Goldsmith, Ph.D.

Effective leadership key determinant of long term success.

Analysis done on 100+ companies and finally choosing 6


companies as world class exemplars

How the programs paid back on Dollar to Dollar.

A virtual encyclopedia of best practices, to secure the only


source of sustainable competitive advantage : leadership

Content Coverage

search for qualification


Need for formal executive program
Inculcate values such as Client Focus, Updated to market place
needs, In view with CEOs challenges etc.
Partner Development Program

In 1994, towards Executive Development, Partner specific, Outside


vendors, Four Corner stone Model.
Lessons:

Offer world class program quality


Generate leadership support
Feedback Is critical
Communicate, Communicate, Communicate.

Data Driven ( feedback and survey )

Content Coverage

staging ground for corporate revolution

Edison to Welch

Corporate Leadership Development arm at Crotonville.

Changing Business scenarios and Shift in leadership programs.

New Initiatives

Leadership course levels

Work Out

RAMMP Matrix

Change Acceleration Program

Productivity Best Practices

Six Sigma GE Quality Programs

Content Coverage
Three basic principles:

Commitment to Credo,

Commitment to decentralized management

Commitment to the long term

Corporate Education Development (CED) was formed which framed three


corporate arms of leadership development:

Executive conference III (Senior executives)

EDP (Advanced Managers)

Leadership challenge

Use of Educational Technology

Content Coverage
Foreign aid by private firms and corporate entities
raised a question to the existence of World Bank in 1990s.

Structure-based development to knowledge based development

Project-66 to Executive Development Program

Church-like organization to open learning organization .

The best way to get a student to learn a theorem is to provide the result in a halfproven form, so that the student will then have to work out the proof by him or herself

New Learnings

Focusing on Core Issues

Connecting Resource Development with Business Experience.

Internally focused, Externally aware

Identifying the Leadership pool

Growing Leaders Instead of Buying them

Insights of leaders can be turned into conceptual frameworks that


can be generalized across settings.

Time and money alone wont win you all the battles.

Action Plan

Change with changing scenarios

Importance of focused development programs.

Effective feedback mechanism

Since companies are moving towards centralized information sharing, one


should be very open for assimilating thoughts and values of different
culture.

Trust in the leader brings the confidence for change.

Adaptable to new trends and technologies.

Brave enough to admit the shortcomings

its is becoming increasingly clear that developing leaders is not


a luxury but a strategic necessity

THANK

YOU

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