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25 Lessons from
Jack Welch
Cultivate Leaders
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Build your
approach to leadership development on four essential tasks:
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Recognize the importance of
leadership to your business
success
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Have in place a specific process for developing leadership talent
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Define
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leadership
attributes behaviorally, for the benefit of future
leaders
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Use the leadership competencies stipulated in the Leadership
Effectiveness Survey (LES)
to integrate a number of management practices with the purpose of
building quality of leadership.
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Build
self-confidence.
"Your got to have the self-confidence to
hire brilliant people, may times smarter than you are sometimes. You've
got to feel very comfortable with that situation."
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Look for
team
players.
You need
new-type managers, those "who can swallow their ego, blur their
identities, and work for the good of the company."
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Look for
coaches.
Coaching is an important part of the good leaders' role. Leaders must
seek to develop high value in other leaders below them.
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Help them build
their
cross-functional expertise.
Shift talents around, particularly at the higher level.
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Measure
performance of the leader pipeline.
Developing leader
pipelines and keeping them tuned to produce leaders with the
capabilities needed to succeed requires most senior leaders to develop a
new mind-set, commitment, and a new repertoire of skills. Focus on
metrics that show whether the leader pipeline is performing as desired.
Track the number of leaders each leader has played a major role in
developing. In your succession planning process, repeatedly ask the
question: Who has the person developed, and how well are they doing it?
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Leadership-Management Synergy
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Results-based
Leadership
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The Tao
of
Leadership
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