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Posts Tagged ‘Strategic alignment’

Frugal ideas are spreading from East to West  – The Economist – The Tata Nano, the world’s cheapest car, became a symbol before the first one rolled off the production line in 2009.

Via www.economist.com

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Over the last 100 years, businesses have been run by professional management. The management revolution, which started in the 1850′s, defined a manager as a person who “leads the organization,” sets direction, and supervises the work of employees. The railroads and early oil companies were run this way, and then the pioneering thinker of the early 1900s, Fredrick Taylor, defined the organization as a “system which comes before the people.”

Via www.forbes.com

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A multichannel environment is creating the need for a different kind of sales force.

Via www.deloitte.com

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Today, many talent professionals are facing a tough decision: should we invest in programs and tools targeting a small pool of high-potential talent, or is…

Via www.deloitte.com

What makes the most sense for your Organisation? Are you investing in a few targeted individuals or spreading your net a little wider.

This article by Deloitte recommends that any serious talent organisation should be able to do both.

What are the demographics of your organisation? Are there a lot of Senior Leaders who will be retiring soon? What focus are you putting on leadership development to build your bench strength? No doubt there are people throughout your organisation who are depended on every day for their strategic thinking, innovative capabilities and global perspectives. To retain this talent and continue growing your organisation you will need to identify sustainable development plans for these individuals.

Investing in a wider development program will also help strengthen your brand image. Like Chinese whispers people will talk about the programs and development opportunities which will provide positive image for your talent recruitment process.

Technology has certainly made reaching your team a lot easier for Leadership development. Virtual classrooms, mobile learning and social networking all can help you develop your people quicker and make them work faster and smarter.

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Yes, says Noam Wasserman, because educators have data that can help company founders avoid common mistakes. No, says Victor W. Hwang, because entrepreneurs need skills that come only from life experience.

Via online.wsj.com

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Nearly half of UK line managers ‘are ineffective’. Yet research reveals how management and leadership skills can drive up UK performance.

Via www.managers.org.uk

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Companies should avoid simply imposing global business models and practices on the local market.

Via www.mckinseyquarterly.com

Expansion into Asia is a hot topic at the moment with many multinational organisations looking at how to do this successfully. This McKinsey quarterly report is a must read for any Business Exec who is looking to adopt a globalisation strategy with a focus on India.

Key considerations include determining the commitment that your organisation will invest in India:

  • How will you build and develop local talent?
  • What is your commitment to a local strategy?
  • Will you implement a tailored leadership program with the opportunity for Global rotations for strong performers?

This research provides examples of how Indian consumers demand sophisticated products and services found in the west but at a lower price, customised to the local market. This is an interesting consideration for your products. Does your development approach need to be adapted to meet the local needs to ensure alignment to a local strategy?

Adapting to the Indian consumer’s demand for innovative, low-cost delivery systems and high value for money products as well as identifying and implementing an appropriate ownership model will support success in winning in India.

Strategic partnering is a great resource for expanding successfully in India. Identifying key partners to support at a local level for development, manufacturing and logistics can reduce costs and provide an effective avenue to build relationships and credibility in this environment.

Contact The Learning Factor now to discuss partnering with our Indian team to grow and tailor your Leadership programs to support local level talent and build your bench strength today.

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