Free Essay Example About Leadership Development
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The modern global business environment demands exceptional leadership competencies at workplace in order to gain global recognition in the industry. There are few organizations in the world that are able to successfully implement structured leadership development plans and processes in which PepsiCo is the prominent one in the beverages industry, whereas, in comparison with RC Cola, it is still incompetent to develop the required levels of leadership development strategies that could allow it to bypass competitors. The growth of leaders at PepsiCo is attributable to the existence of comprehensive leadership development strategy that promotes numerous levels of action learning, self and peer assessments, apprenticeship programs for the development of leaders on vertical and horizontal grounds. 360 degree feedback plays a significant role in competency development and personal appraisal agenda. Self-awareness and growth, cultural intelligence, and Gardner’s Five Minds emerged as significant elements in building organizations leadership competencies. RC Cola exists distantly from PepsiCo, if comparative leadership analysis is made and hence it needs to incorporate strategic notions to grow their leaders worldwide.
Preparing the Self
Leadership is not only the authority but accountability in the context of renowned organizations and their leaders worldwide as stated by Dean Robert Joss of Stanford . Organizations receive gains from the executives that are responsible for activities that they are unaware compared to those that are familiar with it. One of the significant leadership competencies is self-awareness that shows the executive’s actuality in terms of his or her needs to learn further. Definitely, an expert leader prefers to gain knowledge more and reflects his mindset for improving leadership capacities. Self-awareness is defined as a process, and action that enhance the worth of leadership in personnel for personal and organizational development. A leader has to establish particular quality attributes and capacities that appear significant for the organization’s development worldwide and it may face global challenges adequately. Global leadership development encourages competencies for leaders operating in the global markets. PepsiCo is a worldwide food and beverage organization that has its own strategic leadership growth models and strategies. This essay attempts to uncover strategies and models of PepsiCo and compare it with its competitor, RC Cola which is operating in the same industry in order to gauge the role of leadership development programs at workplace and how they create a positive difference for the organization and its workforce domestically and globally.
It is a promising segment in leadership growth with restricted study on the association between sustained expertise and the greater worldwide capacity of contemporary executives. The majority of research on leadership promoted transformational and transactional theories of leadership. Those researches, nevertheless, only uncovered two aspects of intelligence including cognitive and affective methods. Cultural intelligence incorporated as an element of the affective leadership competency . In the growing worldwide economy, companies are probing for an innovative theoretical and conceptual framework to investigate and generate worldwide executives that can master in this innovative culture. Though outlines worldwide leadership subject to the engagement of leaders in global activities, and it does not create difference within leaders on the basis of positional activities, but, it welcomes every leader into the dialogue with the purpose growing leadership efficacy, worldwide competency, and the liability to underpin strength and talent in the worldwide marketplace. Global leadership practically is the capability to generate optimum performance through the strengths and talents of a diverse bunch of individuals, companies, and groups. Global executives is needed to produce talent and reveal the strength in individuals, companies, and groups to progress in an unstable, inexact, difficult, and vague environment.
Self-Awareness and Growth
The opportunity of personal development and growth is an extensive one. It is through the potential influence of personal development and growth that one can develop and enhance associations, careers, health, wealth, and pleasure. At the very basic core of this extensive and potential phenomenon is self-awareness. In order to explore personal innovative facts, there is a need to expand one’s self-awareness. If an individual considers self-awareness as a circle then everything within and without the circle is the self. The present extent of self-awareness inside the circle enables individual to perceive consciously. The expansion of self-awareness circle by an individual allows him to get familiar consciously about him but as well adds value in self-awareness in the domain of invention and development. The more portals are approached, and the more portals an individual finds out. Self-awareness is an initial stage of personal growth. According to the statement of Gandhi that an individual is the product of his beliefs; what he considers, he develops.
The perspective a person considers on the occurrences in the world and his lives mainly allow gauging the world’s state and his being. Therefore, possibly the significant important lecture an individual learns in his life is the significance of what he thinks. If a person considers unsuccessful, then he devises the logics behind failure and unavoidably surrender to it. However, if the person thinks wellbeing and health then he develops informed decision to undertake the direction that brings favorable well-being and health .
The natural development derived from highly established ideas of Intelligence Quotient (IQ) and Emotional Intelligence (EQ) refers to Cultural Intelligence (CQ). It is the mandatory element for executives that consider that they can no lengthier be, to guess John Donne, ‘an island, whole of itself’. It is very important to the progress of the companies executives lead involving groups, economies, continents, and companies .
Every leader need to get CQ if they wish to get success in the universe and they as well obtain the same with the help of experience no matter it arrives gradually, prudently, fairly, and agonizingly at times as there is no additional direction to execute it. It is anticipated in the years to come that companies will keep on welcoming induction substantially for IQ (non-transition towards productivity instantly) and they prefer to ask workers to leave their jobs due to insignificant EQ attributes.
90% of top leaders from sixty-eight economies titled cross-cultural leadership as the significant management danger till the advent of next century. The experts in a single day in the current contemporary scenario face fifteen multiple cultural dynamics . In order to nurture the familiarity for CQ significance at workplace, and developed a basis for CQ competency and worldwide leadership that demands a greater level of competency in culture. Cultural Intelligence in recent years incorporated to the transformational leadership theory but provided restricted study . Nevertheless, with the enhancement in globalization, the leadership theorists demanded that what is the next? They further asked to explore ahead transformational leadership that associates with cultural and emotional intelligence for the estimation of leadership effectiveness.
Gardner’s Five Minds in Prospective Leaders
Five minds for the future define the particular cognitive capabilities that are approached and refined by executives in the years to come. They involve the disciplinary, synthesizing, creating, respectful, and ethical minds and each mind behaves differently. The disciplinary mind individual is the expert of main schools of thought subsuming math, science, and, history and at least one discipline. The synthesizing mind person has the capacity to mix notions from varied disciplines or segments into a clear entire and to pass on that integration to other individuals. If a person has an ability to survey and produce innovative issues, questions, and scenarios then this person is said to have the creating mind. The respectful mind develops awareness and appreciation for variations among individuals and communities and the ethical mind person fulfills his liabilities as an employee and as a citizen. Gardner extracts from a bunch of diverse instance to explicate these notions. The author further inspired strategic learning and procured significant insights for individuals charged with counseling and growing leaders of the organizations. Gardner after shading light on cognitive research since decades and excellent instance from politics, science, history, business, and the arts, suggests value insights in writing for experts, academicians, parents, counselors, business, and political leaders and for those that value cognitive capabilities at a premium for future .
Numerous organizations utilize self-design work teams to address competitive challenges. Self-design individuals are teams of interdependent people that are prepared to self-regulate their attitude on comparatively entire jobs . The fundamental elements of self-design work teams workers with interrelated jobs and are liable for product development or service procurement, workers’ intention over decision including job assignments, techniques for executing the job and scheduling of jobs, and one to one interaction . Commonly, the individuals in self-design teams have enough expertise on numerous jobs and the group receives response on its performance . Self-design work groups do not have direct managers. Organizations worldwide preferred applying self-design work teams at workplace in order to experience dramatic results. This design executes recommendation for the improvement in the current knowledge in order to improve its further efficacy.
The above illustrated terms underpin the concept of reader in terms of leadership responsibility to prepare the self and what are the techniques through global leadership skills can be improved. The following is the comparative analysis of PepsiCo and RC Cola for the leadership aspects illustrated above that will highlight the practicality of concepts at workplaces explored in this essay.
Comparative Assessment between Companies
The appraisal of leadership is very significant as both the organizations undertake and there must be stringent monitoring of the career growth trend of workers that received benefits from such training and development programs so that the equipped workforce may get prepared for the complex tasks of the organizations and succession planning.
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