| <!-- @page { margin: 0.79in } P { margin-bottom: 0.08in | | | | organization. However, very few realize in its potential |
| } EM { font-style: normal; font-weight: bold } --> | | | | as a paradigm for your leadership succession planning. |
| Leadership Models and Theories | | | | Despite the growing awareness that succession |
| The rapid development in technology and globalization | | | | planning is an essential process with numerous |
| has opened the floodgate. Global economic dynamics | | | | benefits, a recent study titled Effective Succession |
| has shifted from knowledge- driven to | | | | Management (EFS) found that only one per cent of |
| innovation-driven. To survive in the new economy, | | | | surveyed organizations rated their |
| companies must not only innovate and also adapt | | | | succession-management plans as "excellent" and as |
| rapidly to the changing trends and development. It is | | | | much as two-thirds described them as "fair or worse." |
| important for all the management executives and | | | | Psychometric Analysis in Leadership Selection. |
| business leaders who want to make a mark in this | | | | Current human resource practise still relies heavily on |
| ever competitive business world to think strategically. | | | | off the shelf psychometric tools in their selection |
| Over the past decades, there has been a slew of | | | | processes, shortlisted candidates for succession |
| new leadership models and theories, which includes | | | | planning are rarely assessed by their situational |
| situational leadership, action-centred leadership, | | | | response and strategic thinking. According to Sun Tzu |
| reflective leadership, creative leadership and | | | | art of war, the most effective way to test the |
| transformational leadership. | | | | capability and aptitude of potential leadership |
| Leadership Development using Ancient Art of War | | | | candidates is to put them to the test and see how |
| principles | | | | they react in "real" life situation. Sun Tzu believe that |
| The rise of China has led to increasing understanding | | | | those who overcome adverse situations have the |
| of Chinese style of leadership and management. One | | | | character to emerge as a true leader. |
| of the most recognized and highly sought after | | | | Have you already got a team and now you want |
| Chinese management model is sun tzu art of war. Sun | | | | them to adopt the sun tzu art of war leadership |
| Tzu art of war is increasingly use in the corporate | | | | thoughts? |
| world to sharpen strategic thinking and coaching in | | | | Sun tzu art of war contains the set of universal |
| situational leadership. Recently BBC international and | | | | strategic principles which are timeless for strategic |
| Channel News Asia has also jointly broadcast a | | | | decision-making framework. Knowing and |
| business leaders series titled: Sun Tzu Art of War | | | | understanding art of war might be simple since it |
| Thought Leaderships where business strategies are | | | | merely contain 5000 ancient Chinese characters but |
| dissected using Sun tzu art of War. This series has | | | | internalizing and mastering it is difficult. Just as wisdom |
| taken the market by storm with broadcast across | | | | and innovation cannot be taught overnight, they can |
| Asia including India, China, Indonesia and Vietnam. | | | | only be realized or induced without a systematic |
| Leadership Succession Planning | | | | approach. It is therefore critically important to identify |
| Leadership succession planning is a critical step that all | | | | future leaders with the strategic thinking skills or they |
| organizations needs to adopt to grow future leaders | | | | must be coached in strategic thinking skills before |
| and to ensure continuous development. McKinsey | | | | assuming the responsibility for the company. Sun Tzu |
| quote that this is a decade titled: "War on Talent" | | | | Art of war institutes offers a suite of strategic thinking |
| Success by succession planning is an investment that | | | | programs to teach and embed these "Sun Tzu " |
| business leaders need to recognize as an important | | | | values into the mind of the students. |
| strategy in achieving the long-term vision of their | | | | |