Leadership can not be taught in business schools. It is more practiced and learned in organizations. How much of it practically happens? How many leaders are actually grooming their people to become next generation leaders? Look at the growing number of head hunters to find those exceptionally well business leaders and are always behing these highly skilled executives. Look around you, the MNCs are now filled with foreign CEOs who are filling the vaccum of good business leaders.
How many managers in Indian companies are able to groom nexgen biz leaders is a big question for me. Leadership skills can not just be transferred in a 10 session classroom. The leader has to take his team through a consistent set of values he/she believes in and stick to them during all times. Honesty, belief and trust create the right environment for leaders to grow. A leader must dream of the impossible and make it happen with his team. Always keep the team inspiring and let the team dream of high aspirations. I really really wonder how many leaders or people managers actually practice this !!
Friday, November 25, 2005
Thursday, November 03, 2005
Outsourcing & Europe
When business outsourcing started in early nineties in USA, Europe was not largely interested in it. Then came the dot com burst, economic recession and those who are still in business wanted to test the outsourcing waters and they wanted to do it real hard.
Globalization and outsourcing has largely affected the lives of many in US and Europe, especially those whose jobs have moved to many miles away. But, large corporations could not do anything else to survive the competetion. They had no other choice than to move those jobs that could be done remotely. Though Europe has joined this model after US, Europe has a different challenge to face. As more and more Eastern Europe countries with struggling economy have joined EU in 2004, the low skilled jobs from France, Germany and Italy were grabbed by citizens of these countries. There is a large difference in the wages among the big brothers of EU and those who joined in 2004. This has caused a real concern on job security for those living in developed nations of EU. The recent political turnout gives clear mandate of this change in people perception. Angela Merkel who has been supporting free market is believed to win the German election has to settle with 'grand coalation' with limited capacity to carry out any economic reforms. Its hard for the politicians to predict or know what exactly people want. Its the basic nature of democracy. Things take time, and the transition period is the most horrible experience for the people. Things are not bound to time and confusion prevails in both the people and leaders.
This is the biggest challenge that EU has to manage now. The people of US and the leaders could successfully manage the transition phase or currently managing it effectively. Bush won again despite of outsourcing topic being used as one of the campain topics. Its a matter of time and consensus between people and leadership that must bring stability in socio economic situation in EU.
Globalization and outsourcing has largely affected the lives of many in US and Europe, especially those whose jobs have moved to many miles away. But, large corporations could not do anything else to survive the competetion. They had no other choice than to move those jobs that could be done remotely. Though Europe has joined this model after US, Europe has a different challenge to face. As more and more Eastern Europe countries with struggling economy have joined EU in 2004, the low skilled jobs from France, Germany and Italy were grabbed by citizens of these countries. There is a large difference in the wages among the big brothers of EU and those who joined in 2004. This has caused a real concern on job security for those living in developed nations of EU. The recent political turnout gives clear mandate of this change in people perception. Angela Merkel who has been supporting free market is believed to win the German election has to settle with 'grand coalation' with limited capacity to carry out any economic reforms. Its hard for the politicians to predict or know what exactly people want. Its the basic nature of democracy. Things take time, and the transition period is the most horrible experience for the people. Things are not bound to time and confusion prevails in both the people and leaders.
This is the biggest challenge that EU has to manage now. The people of US and the leaders could successfully manage the transition phase or currently managing it effectively. Bush won again despite of outsourcing topic being used as one of the campain topics. Its a matter of time and consensus between people and leadership that must bring stability in socio economic situation in EU.
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