Cosmetics in-house candidates for leadership positions is essential for companies that want to remain competitive. Leadership expert Robert M. Fulmer, Philip A. Gibbs, and Marshall Goldsmith insights about today’s leadership development best practices based on their observations of a recent study that compared six best-practice companies. Arthur Andersen, General Electric, Hewlett-Packard, Johnson & Johnson, Shell, and the World Bank all realize that keeping a steady stream of leaders movin … Read more »

Cosmetics in-house candidates for leadership positions is essential for companies that want to remain competitive. Leadership expert Robert M. Fulmer, Philip A. Gibbs, and Marshall Goldsmith insights about today’s leadership development best practices based on their observations of a recent study that compared six best-practice companies. Arthur Andersen, General Electric, Hewlett-Packard, Johnson & Johnson, Shell, and the World Bank all realize that keeping a steady stream of leaders moves is important for the strategic vision. The authors identify five key elements of success: awareness (learning about the latest approaches to leadership development), expectancy (about prospective scenarios for the future requirements of the company to present) to find Action (paths, use executive learning programs to strategic support initiatives), orientation (to ensure that business documents used for performance evaluation, succession planning and training are consistent), and evaluation (evaluation, such as leadership training has improved business results). Approaches vary. The World Bank gives future leaders a stint in poor countries so that they do a better job supporting the bank’s goal of reducing poverty can do. At GE, the company famous Six Sigma quality-improvement program and creative ideas for expansion in the emerging markets of presentations flowed taken on leadership development events. In the best-practice organizations, most older people set an example to support leadership development programs.
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Robert M. Fulmer,
Philip A. Gibbs,
Marshall Goldsmith
Source: MIT Sloan Management Review
13 pages.
Release Date: 1 October 2000. Prod #: SMR055-PDF-ENG
Leadership Development: How to Attract Profitable companies to keep HBR case solution

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