readying yourself for a senior leadership role
TRANSCRIPT
How come some of the managers become high flyers though they have the same qualification and qualities?
What is is that which makes them stand out while interacting with the top bosses?
Most of the top bosses surveyed say that more than anything else they look for thought process?
So how do you learn this thought process?
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The environment is extremely dynamic with problems and situations , a potential leader needs to deal with complex issues.
A structured thought process is the first step in tackling these
So what are these steps
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Be aware of what is happeningGain knowledge by asking questions When, why , what, where are
questions you should ask?What are the trends?How it will affect your business etc.
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The sale of low cost smart-phones are increasing
This will lead to increased penetration of internet
This will lead to increased use of e-commerce
This might be an opportunity or a challenge
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Mere anticipation is not enough They need to then dig deep and find out
whether the rise in e-commerce is a problem or an opportunity if yes then How?
How exactly it can affect the business What can we go about it? What are we doing about it? A person should know how to frame the
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Here the person needs to analyze the information
A person should be able to interpret the information by analyzing it and synthesizing it.
Analyzing means looking at the information from various angles
Synthesizing combining information from disparate sources to get insights/patterns/trends
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Taking the e-commerce example analyze information such as Where are the maximum sales of smart
phone happening What is the profile of people buying the low
cost smart phones How is the broadband coverage in these
areas Where are the major e-commerce sites
selling the most What products are selling the most through
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Based on the analysis What are the various alternativesWhat are cost –benefit of each
alternativeWhat are your recommendations
and the logic behind it
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If you feel e-commerce is going to be an opportunity
How do you plan to leverage itWhat are the various options of
getting into the ecommerce It can be directly or through tie ups
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Align means aligning all other decisions or resources to be in sync with the major decision you have taken
Appoint right people for the right roleExample –the decisions on
budgeting, distribution, IT, sales, recruitment all has to be aligned to the main decision.
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Learn from the past experience, feedback and keep refining your decisions and output.
Nobody gets 100 % right the first time .
It is through continuous improvement that the most optimum solution is developed
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