Steps to Rise to the Top

Andres Velazquez Ontiveros

MGMT 307

•Developing your leadership pipeline is labor-intensive. The reward for your efforts? The right skills at the top-and everywhere else in your organization•Effective succession management comes when you adopt a talent mind-set

Leadership Pipeline

1.Focus On Development

2.Identify Linchpin Positions

3.Make it Transparent

4.Measure Progress Regularly

Development

•The fundamental rule-the one on which the other four rest- is that succession management must be a flexible system oriented toward developmental activities.•Mattel’s CEO, Barad had grown Mattel’s Barbie brand nearly tenfold in less than a decade, but her controlling management style and lack of experience in finance, strategy, and the handling of Wall Street proved to be her downfall.

Linchpin Positions

•Whereas succession planning generally focuses on a few

positions at the very top, leadership development usually

begins in middle management.

•Collapsing the two functions into a single system allows

companies to take a long-term view of the process of

preparing middle managers, even those below the director

level, to become general managers.

Make It Transparent

You create a stronger leadership bench when you openly tell managers where they stand on the performance and potential ladder, and what they need to do to advance.

Measure Progress Regularly- Development is a long-term process, so its important to know whether the right people are moving at the right pace into the right jobs at the right time. Measurement helps you see where the pool of candidates is too shallow and when the number of attractive jobs is too limited to retain your highest-potential managers.

Climbing the Ranks

Marry Barra- #1 most powerful woman in Business globally-”Do every job you’re in like you’re going to do it for the rest of your life and demonstrate that ownership of it”

Susan Wojciki-CEO of YouTube-she was SVP of ads and commerce for Google and was appointed as CEO of YouTube because the #1 issue for YouTube is not content or audience but its ad rates.

Lean In

•Book by Facebook COO Sheryl Sandberg•Lean In is a formula for success according to Sandberg and Barra

Satya Nadella CEO of Microsoft

•He showed traits that catapulted him into the company’s leading role•He displays a rare trait for a top Microsoft leader, humility, by matter-of-factly owning up to Microsoft’s mistakes.•He attacks his competitors while defending Microsoft’s strategy of simultaneously serving businesses and consumers with software and hardware products.

Multiple Choice

1) Measurement helps you see where the pool of candidates is too?

a) Weakb) Scarcec) Shallow

2) Developmet is the fundamental rule-the one on which the other four resta) Trueb) False

References

•Developing Your Leadership Pipeline (HBR article)

•Roadmaps for Developing General Managers (link)

•How GM and YouTube CEOs climb the ranks, http://postcards.blogs.fortune.cnn.com/2014/02/06/barra-wojcicki-gm-youtube/

•For Microsoft's Nadella, signs of leadership potential at http://tech.fortune.cnn.com/2014/02/04/for-microsofts-nadella-signs-of-leadership-potential/