How to Grow Great Leaders:. INBS 640 by Sujit K. Bhattacharjee. How to Grow Great Leaders:. The biggest test that rising leaders face is aggressively championing a business unit while looking out for the enterprise as a whole. . How to Grow Great Leaders:.
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Sujit K. Bhattacharjee
The biggest test that rising leaders face is aggressively championing a business unit while looking out for the enterprise as a whole.
To meet that challenge demands a new approach to leadership development.
Two sets of skills:
Retail skill –Unit level
Wholesale skill– Enterprise wide
It is not the purpose of teaching the retail leaders to focus on the enterprise agenda alone; it’s to develop leaders who can manage the inherent tensions between unit and enterprise priorities.
Companies must synchronize the actions of business units and the goals of the enterprise as a whole.
Customers want integrated and global services.
RBC Financial Group
Then CEO Jim Schiro envisioned PWC drawing expertise from 6 lines of service to provide complete solutions.
This resistance was grounded in the institutional history.
Both the companies had deep rooted cultures that rewarded excellence within each line of business.
Escape the Silos
-Out from the Comfort zones
Right the rewards
-Assess performance on overall strategy
-Economic –salary-short-term and long-term
Top executives/Leaders must:
-Break down their silos.
-Forge imaginative career paths.