Welch on Leadership

I love Jack Welch's perspective on growing leadership and leadership selection. Check him out in this video.

Growing Leadership From the Middle

One of the most critical variables to your organization’s performance can be found in the choice and cultivation of its future leaders? Why, then, do traditional succession plans so often fail? Because many organizations fail to understand that great leadership at the top of an organization actually begins in the middle. It is in this organizational middle that high-potential managers acquire the broad range of skills they need to succeed in more senior roles. The key to strong succession management is to build the strongest leadership bench. The strategy of combining succession planning and leadership development is where leaders are grown within organizations. This comprehensive process is essential to grooming future leaders at all levels of an organization.

Effective succession management comes when you adopt a talent mind-set:

• Devote time and resources for in-depth talent assessment.

• Differentiate between strong and weak performers.

• Delegate challenging assignments to inexperienced but high-potential

managers.

Developing your leadership pipeline is labor-intensive, but essential in building for the future. The reward for your efforts? The right skills at the top—and everywhere else.

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