Bulletin No. 2 | March – April 2001

LEADERSHIP

  • What are the major barriers to Leadership Development?
    • The number one factor driving change within an organization is leadership
    • 54 percent of respondent identified leadership (CEO) as the agent of change within the organization
    • In turn, leadership was blamed by 71 percent of participants as the reason a company failed to make its objectives
    • From the result of Watson Wyatt study (1997) on executives in US, Canada, Latin America, Europe and Asia Pacific. It is obvious that leaders feel little progress has been made in the leadership development
    • Why? Executives in the study identified four distinct obstacles as the major barriers hindering leadership development
      1. Inadequate succession planning
      2. Inadequate leadership training
      3. Lack of commitment to leadership development and
      4. Failure to delegate bu senior management
    • Each of these barriers to leadership development is rooted in part in an organization’s culture – and in the conflict with the leader’s role in the 80’s and early 90’s versus the leader’s role today
  • Some leaders are not effective. 
    Why employees do not want to listen to them
    • To be effective leaders, we should have Personal Leadership Qualities
    • Leaders must themselves exhibit the work habits, attitudes and priorities they expect of their subordinates id their leadership is to be the most effective
    • Exhibiting confidence in an increasingly uncertain situation is the second most frequently notes personal leadership quality
    • What exactly the Personal Leadership Qualities
      1. Leading by example
      2. Facing change and uncertainty with confidence
      3. Being motivated by strongly held principles and beliefs
      4. Knowing one’s own strengths and weaknesses
      5. Being committed to continuous learning

(Source : Watson Wyatt Research & Publication)


ENTREPRENEURSHIP

In Search of Entrepreneurial Traits

  • Do you want to start your own business? There are many success stories about this, yet one this is certain that success does not seek out the entrepreneur. One common misperception is that most successful persons have a dishonest aspects on their plan
  • On the contrary, a key business success factor that has been identified in theory and practice is integrity
  • An entrepreneur is not afraid to make tough decisions, although it results in failure.
    Some attributive qualities of entrepreneurship are :
    • Willingness to experiment, to try things out-a strong inclination and bias for action. Do it, try it, fix it
    • Willingness and have the ability to tolerate, accept, absorb and cope with failure. Not easily be daunted by setbacks
    • Stay close to and focus on the business and market you know best
    • Do not leave your base
    • Able to communicate and relate with financial sponsors
  • The importance of failure
    To succeed, you have to experience ‘failure’ first. A successful entrepreneurial venture does not happen at random. Solid background of experience with a proven track record. Do not look back. Be motivated to achieve.

(Contributed by Bob Widyahartono)


GLOBAL TRENDS

Investing in Human Capital

  • Competing in global economy several trends in business worldwide are identified
    1. Shifting from investing in an organization fix to investing in the human capital of the organization
    2. Moving away from a structural focus toward a cultural focus
    3. Focussing less on work processes and more on developing people and programs that motivate both behavior and performance
  • The successful implementation of new technologies depends on many factors including the efficient management of human resources.
  • Recent research indicates that intellectual assets and resources can be utilized much more efficiently and effectively if organization apply knowledge management techniques for leveraging their human resources and enhancing their personnel management
  • The human resources departments are well positioned to ensure the success of knowledge management programs, which are directed at capturing, using, and re-using employees’ knowledge.
  • Through human resources management a culture that encourages the free flow of knowledge for meeting organizational goals can be created.

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