Leadership Planning among Members & Chapters

Dr Manju K PrakashExecutive DirectorFICCI Ladies Organisation

Leaders are made, they are not born Only 54% of high performing companies have a strong pipeline of future leadership talent – Ernst & Young Study of 2012 Lack of leadership planning poses serious threat to corporate/organisation healthSame applies to Chambers/AssociationsApple – Innovation vacuum after Steve JobsInfosys – Narayan Murthy had to returnLeaders are made out of tremendous hard work put in mentoring, nurturing and cultivating skills

Leadership Planning is Crucial to cultivate leaders of tomorrow

Leadership Planning is not…A one time eventDecided by an individual Used solely for advancing an individual’s aspirationsReacting only when a position is open

Leadership Planning is…Pro-activeAligned with organization's goals, vision & mission Driven by current and future needs

Sustain & Increase

Membership

Successful Projects

of Advocacy

Branding, Visibility

& Networki

ng

Develop Leadership among its members

FOUR PILLARS OF CHAMBER SERVICES

Effective Chambers are able to

Leads to creating one of its kind Chamber that has voice

Attracting quality members

3

2

1Enahnces knowledge transfer in chambers

Better run Chambers

Stable Performance of chambers

Effective Leadership

Leads to

Leadership Planning in Chambers –Why?

Benefits of Leadership Planning in Chambers

Members Feel involved, informed and engaged

Ensures continuity in leadership

Provides fellowship opportunities

Member retention rates increases as every member aspires to become a leader

Vision & Mission of the chamber remains intact year after year

Leadership Planning – How?Develop long-range goals that address the elements of an effective chamber

Conduct council meetings that involve members in the planning process and keep them informed of activities

Amend rules and regulations to reflect the committee structure and roles and responsibilities of leaders.

Fix term of leaders; Have back-up options for 3-4 years ; engage in advisory roles

Leadership Planning - How?

Put in place an organization structure

President/ Chapter Head

Council of Members

CEO/ED

Chamber Members

Unify collective

strength of women

Leverage position as

an influential economic

force in the region

Establishing a bold, new women-led economic

marketplace

Role of Leaders in Women Chambers

Achieving greater opportunities, independence and sustainability for women led businesses

Suggestive list, not exhaustive

Policy Advocacy:

Government Contracting,

Capital, Healthcare,

Taxation, Other interest?

Government Contracting -

Liaison

Training, Capacity

Building and education

Tools to achieve

In ConclusionWomen entrepreneurs face unique challenges specific to their country These may not be applicable to other country of the regionWomen entrepreneurs - found and evolved distinct strategies to address in their respective countriesWomen business chambers to develop strategic plans to cultivate leaders for tomorrow

Leadership Planning must for survival of business chambers

Thank you