The current state of flux in the world has resulted in increased expectations from CXOs. The stress of taking business to the next level has surfaced a need within companies to follow the best practices in developing these leaders so that they can learn how to future-proof organisations, create the next level of leaders and effectively leverage the power and authority of the CXO position. From Jack Welch to Steve Jobs and Bill Gates to MS Dhoni, the corporate world struggles to understand the essence of successful leadership. In the context of ambiguity and economic uncertainty, accelerated development of leaders in organisations across India is a key requirement for future growth. C-suite leaders play a crucial role in designing the growth of organisations. The CXO role goes beyond the basics of people management, technical expertise and business knowledge to encompass the mantle of a visionary and strategist. The expectations are not just to lead the business and sustain performance but essentially create leaders and take the organisation to the next level of growth.
How do you develop leaders at the CXO level? What are the experiences and developmental needs that have to be met to future proof them? What are the best practices in organisations, which have a history of grooming great leaders internally? Are there any practices specific to India? In a bid to find the answers, Strategic Human Resources Management (SHRM) in India in collaboration with the Great Place to Work Research Institute® conducted the study on ‘Best Practices and Emerging Trends in CXO Development.’ Click here to read more...
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