The Changing Business Environment in India
The business environment in India is changing rapidly, and so are the leadership skills required to navigate it. It's not just about managing the business anymore; it's about effectively managing the aspirations of a multi-generational workforce in complex cultural settings. Next Gen Leadership cannot afford to follow the paths laid out by previous leaders. It must be different in many ways, with multifaceted dimensions. Identifying leadership potential, preparing individuals with the necessary skills, and readying the organization to be led by Next Gen Leaders are essential steps. Leadership must evolve from hierarchical structures, power positions, and seniority-led movements. A new approach and new competencies are required.
The Role of HR in Developing Next Gen Leaders
HR plays a crucial role in identifying high-potential individuals within organizations and working on their upskilling. This requires cultivating the right culture where identified leadership talent can thrive. Existing leaders must support these initiatives to build a strong leadership pipeline. Learning leadership skills is not the issue; understanding the character and competence of a leader and practicing them honestly is essential.
The Evolving Workforce Expectations
The workforce is changing, with millennials and the next generation becoming mainstream. Their expectations from leaders differ; they seek inspiring, not authoritative, leadership. Next Gen Leadership must balance soft and hard skills, emphasizing trust, openness, transparency, and honesty. Skills like adaptability, collaboration, self-awareness, a democratic and innovative mindset, tech-savviness, flexibility, and authenticity are crucial for leading organizations. Next Gen Leaders must have the desire and commitment to make a difference by adding value to the business.
Continuous Learning and Adaptation
Next Gen Leaders must embrace learning, unlearning, and relearning, as today's skills may become irrelevant in the coming years. In an era of ambiguity, they must be prepared to address unforeseen challenges, cultivate themselves, and generate positive energy among employees. While enhancing people-handling capabilities, these leaders should relinquish some control and delegate powers judiciously to develop leadership at different levels.
April 2020 Edition Cover Story
The April 2020 edition cover story focuses on Next Gen Leadership, its qualities, skills, and challenges. Industry mentors, coaches, and leaders share their wisdom.
If you like it, let us know. If not, please let us know that too.
Regards,
Anil Kaushik - Chief Editor
Business Manager HR Magazine
Mob. - [Phone Number Removed For Privacy-Reasons]
URL: www.businessmanager.in
From India, Delhi
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181The business environment in India is changing rapidly, and so are the leadership skills required to navigate it. It's not just about managing the business anymore; it's about effectively managing the aspirations of a multi-generational workforce in complex cultural settings. Next Gen Leadership cannot afford to follow the paths laid out by previous leaders. It must be different in many ways, with multifaceted dimensions. Identifying leadership potential, preparing individuals with the necessary skills, and readying the organization to be led by Next Gen Leaders are essential steps. Leadership must evolve from hierarchical structures, power positions, and seniority-led movements. A new approach and new competencies are required.
The Role of HR in Developing Next Gen Leaders
HR plays a crucial role in identifying high-potential individuals within organizations and working on their upskilling. This requires cultivating the right culture where identified leadership talent can thrive. Existing leaders must support these initiatives to build a strong leadership pipeline. Learning leadership skills is not the issue; understanding the character and competence of a leader and practicing them honestly is essential.
The Evolving Workforce Expectations
The workforce is changing, with millennials and the next generation becoming mainstream. Their expectations from leaders differ; they seek inspiring, not authoritative, leadership. Next Gen Leadership must balance soft and hard skills, emphasizing trust, openness, transparency, and honesty. Skills like adaptability, collaboration, self-awareness, a democratic and innovative mindset, tech-savviness, flexibility, and authenticity are crucial for leading organizations. Next Gen Leaders must have the desire and commitment to make a difference by adding value to the business.
Continuous Learning and Adaptation
Next Gen Leaders must embrace learning, unlearning, and relearning, as today's skills may become irrelevant in the coming years. In an era of ambiguity, they must be prepared to address unforeseen challenges, cultivate themselves, and generate positive energy among employees. While enhancing people-handling capabilities, these leaders should relinquish some control and delegate powers judiciously to develop leadership at different levels.
April 2020 Edition Cover Story
The April 2020 edition cover story focuses on Next Gen Leadership, its qualities, skills, and challenges. Industry mentors, coaches, and leaders share their wisdom.
If you like it, let us know. If not, please let us know that too.
Regards,
Anil Kaushik - Chief Editor
Business Manager HR Magazine
Mob. - [Phone Number Removed For Privacy-Reasons]
URL: www.businessmanager.in
From India, Delhi
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