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Corporate Leadership: Opportunities & Challenge Essay

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Business leaders have to be continuously learning and discovering new things, ideas, processes and systems for doing better for the firm. For this purpose, they need both far sight and foresight, in 2012, they should be focusing on the firm’s entity in 2022 ten years hence. The leaders can, themselves, become competitive factors for gaining advantage over competitors. The leaders must be in learning mode all the time and this way they can create a learning organization. Leadership for learning organization has become crucial to the success of the firm, because all the management tools may not be enough. Most firms need to continuously develop means and improve ways of doing things and this requires organizational learning. Leadership, as a …show more content…

Companies face two major challenges in finding and developing leaders. They need to identify qualified candidates to fill current and future leadership roles, and they need to develop a comprehensive leadership program to cultivate and develop the leaders of tomorrow.
In the past, leadership development was focused on only a few individuals in the organization. First-generation systems to assist with leadership development were siloed and/or hard to use and were not widely adopted. Companies needed a system-enabled way to unify methods of assessing and selecting leaders, executing programs to develop skills, and measuring the success of these programs.

Now technology can be deployed to extend these practices across the enterprise and down into all levels of the workforce. This white paper explores leadership challenges and highlights the elements of a successful leadership development program that uses technology to support processes and practices.

Persons who do not wield the power but are in some manner connected to the government or firm; in political or business arena usually criticize power. In politics it can be seen at the election time that incumbency factor goes against the ruling party. In business once it is understood that CEO’s power has a great

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