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The Leadership Challenge Workbook

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There are a lot of things that can shake up a business; one of the most prevalent of these is a lack of succession planning. Simply put, in order to run smoothly, there needs to be consistent business leadership and it is, on many levels succession planning that helps to maintain consistency and to keep a business thriving. By developing a corporate mentoring program as the foundation of succession planning, businesses will find that there are a number of benefits.



With a corporate mentoring program, new hires will be paired with someone who is experienced within the business. Rather than leaving someone who is new to the staff to figure things out and rather than having to look outside the company when a higher level position is open, those businesses with a corporate mentoring program will find that they are in a position in which the foundation of the business principles are passed to each member of the team. Likewise, with a corporate mentoring program companies will find that when there is an open position, there will be someone within the company qualified to move into it.

Without external hires – with a succession planning strategy – most businesses discover that there are not new ways of doing things being introduced; as a result, there are often far fewer conflicts when someone new is placed in a leadership role. Perhaps more importantly, with a corporate mentoring program, there are fewer workplace conflicts overall.

In part, this is because a corporate mentoring program keeps employees throughout the company working as a team. Rather than leaving those who are new to the company or new to a project to sink or swim, when a mentoring program is in place, newer team members work with those who understand the project and can be brought up to speed quickly. In addition to preparing these newer members to tackle the job at hand, a corporate mentoring program increases employee productivity and that leads to two additional benefits:

1. A corporate mentoring program leads to job satisfaction. Employees who know their jobs and who recognize that they are a part of a team feel more confident.

2. A corporate mentoring program that provides job satisfaction increases the productivity of the staff. Those who have been involved in a mentoring program have access to answers when they have questions, have access to support when they need it and, as a result, are able to finish projects with fewer errors or difficulties along the way.

Ultimately, the above reasons are why a corporate mentoring program is such an effective part of succession planning: when employees feel good about what they are doing, when they are productive and satisfied with their positions they are in a better position to grow. As staff members are able to grow, they are able to take on more advanced roles and to grow into upper level positions. More importantly, those same staff members will find that they are better prepared to help others grow into higher level positions as well – allowing them to continue passing the leadership torch.

Copyright 2008, Cecile Peterkin. All rights reserved.
The Leadership Challenge Workbook
Nothing is ever constant, except change.

Over the years we have observed various companies at differing stages of health as they strive to deal with problems presented when moving from easy times to hard times. What we have noticed is how the attitudes of the top executive team determine whether their company will be able to ride out a storm and emerge a strong contender.

During the growth in the IT market it was relatively easy to grow a healthy business, and in some parts of the retail sector growth has been as easy as deciding where to open the next store, or how to develop wider brand awareness. The finance industry has also had its easy years as people seek increasing security and extra cash to fund a better lifestyle. But times change and companies must learn to adapt to change.

When you observe companies making a journey through tough times, it is clear that the common ingredient that all the winners have is great leadership.

Some time ago we had the privilege of working with a major UK government department to help them redefine leadership and to reappraise how they develop and encourage leaders. Faced with considerable challenges by the environment in which they operate and by their political masters, this department has decided that leadership is one of the keys to the achievement of the vision laid down by its chief.

We consulted widely with senior managers, and we shared the output of extensive enquiry amongst the bulk of the population of over 20,000 people. We exposed the senior managers to different models of leadership; we helped them to envisage the type of leadership required in their particular context, and we provoked them to identify the strengths and shortfalls of their current leadership style. In a lengthy series of drafts and re-drafts we worded as precise a description of leadership as we could whilst trying to meet the needs of all interested parties. For all the effort that went into this description it is glaringly obvious that the value of the exercise six months, one year or two years further on has little to do with words.

Exercise – creating consistency in leadership

This exercise is best suited to a top executive team. It will help them to present a consistent approach to leadership across their respective areas of the business. It is important, at the beginning, to clarify key organisational goals and strategy, and link these to an overarching purpose. For example, ‘the goal is to increase market share by 10% whilst remaining competitive on price and availability of product'. The strategy by which we will achieve this will be to develop customer feedback and a quick response to their needs'. The overall purpose is to continually seek to deliver what people want, not what we think they want.'

The exercise consists of answering the following 4 questions:

1. What are you leading people away from and towards?

This question is about goals and the pursuit of a clear purpose.

2. What is going to help you to steer a course consistent with each other?

This question is about staying ‘on message' from day to day.

3. Specifically who are you leading?

This question helps identify key people who need to be included in up-front communication and who will be relied upon to provide leadership for others and to design and deliver the strategy.

4. How will you demonstrate leadership to these people?

This question is about the behaviours that will best help people to keep on track with the goals and purpose.

Allow plenty of time for the team to answer the questions, say an hour for each, and challenge any high level generalisations such as, ‘we will strive to be excellent role models' by asking, ‘how specifically will you do that?'

At the end of the exercise everyone should be 100% clear about their role as a leader, and confident about being consistent with messages referring to goals, strategy and purpose. This exercise may throw up issues of inconsistency that may need to be addressed at a different meeting before doing this exercise again.

http://www.quadrant1.co.uk/leadership.php

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About Author
Both Cecile Peterkin & Tony Marven are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Cecile Peterkin has sinced written about articles on various topics from About Branding, Personal Finance and Leadership. . Cecile Peterkin's top article generates over 5400 views. to your Favourites.

Tony Marven has sinced written about articles on various topics from Leadership. Quadrant 1 International help individuals excel at their work and with their personal ambitions.We are business people with many years experience in senior management and entrepreneurial positions. We have trained, coached and developed hundre. Tony Marven's top article generates over 880 views. to your Favourites.
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