Training & Development Journal
  • Year: 2012
  • Volume: 3
  • Issue: 1

Leadership Trends in Changing Business World

1Director, Human Resources, Odisha Power Transmission Corporation Ltd., Janapath, Bhubaneswar, Odisha-751022

2Dean, Management Studies, Regional College of Management (Autonomous), Bhubaneswar, Odisha-751023

*Email: dir.hrd@optcl.co.in

**Email: drsujatamangaraj@yahoo.com

Abstract

In an increasingly complex business world, characterised by discontinuous and disruptive changes and defined by constant uncertainties, organisations with a focus on structured leadership development achieve excellence. Leadership is not just about driving business growth and transformation in a turbulent business landscape, it is about inspiring and creating next generation leaders to scan, understand, champion and model the change. This paper attempts to track the trends, build a business case and illustrates successful cases as to why leadership development as part of HR strategy culminates in organisational capacity building. The paper concludes that each organisation has its own priorities, context, challenges, and culture on the leadership front. Investments in all phases of the leadership development process needs to be made with a careful and detailed understanding of the specific organisational context linked with the organisation's HR strategy and business growth plan.

Keywords

Leadership development, succession plan, competency, leadership brand