Sep 26, 2006

Thoughts on Leadership Development

Business Leadership can be developed along three axes:

1. Business
2. Functional
3. Technical

It would depend what kind of career ladders are available for future leaders. If there is only one way to grow, then leadership development would need to incorporate the following skills:

a. Business management skills (Incorporates Marketing, Finance skills)
b. Strategic and systems thinking
c. People management skills

Most of these skills are difficult to be taught by classroom method to working executives so need to be imparted by an experiential method.

However if people are allowed to develop expertise in only one of the axes and still rise up the career ladder then the learning opportunities should be driven by them. What is more refreshing about this system is that it builds a larger ownership. However, people might be very reluctant to try and opt for a specialised career track since it limits growth when moving organizations.