Succession in every front is a biggest challenge; whether it's Lama's, Baba's, family run business houses, political satraps or simply a head of undivided family ;=), Life rocks if things are smooth and you don't see the future through a bigger lens. Environment is conducive, family health is good, earings are decent to meet obligations, no deterrents on your decisions, no pressing problems to address and time for yourself, of-course this results a piece of mind for yourself. But, that's what required to take the Lead. Leaders are strategic thinkers, and managers are doers. Well, to be a leader, you should be a manager, that's global truth. What fallback plan a Leader should have if the proposed action fails during implementation, what's the cost of actualizing, how the sharefolders/promoters will yield to such advances. It's not easy to become a leader and still progressing a life of peace in mind. It's two different parallel tracks of railway. We have exceptions in corporate house, how biz tycoons have managed their family life, and business life well. Truly, to sustain on market trends, technology and innovations, we need to keep upbeat on reading/learning, it's a progressive life, Not like a transactional affair, where an operation ends with a series of transactions and you keep doing some data entry; analysis and think BIG of a managing larger activity. But, what you learn from transactional activity, reporting ?, analyzing data and spreadsheets for correlation, drawing regression to forecast what could happen wrong or whether the datapoints received are of right to utilize in predicting newer activities. Yes, they are essential, but managing these to implement something is pretty transactional, and I never liked this job. Again, without much ado on the constraints where you want to perform, but you still continue to pursue, is something a leader keep on looking above and beyond.
How often you have seen; people coming forward to own certain activity and make it complete. Well, those are managers who manage well to complete certain task within a schedule time. As, overrun of such activity might cost to chequer.
But, then what managers plan themselves how to get the activity to closure with all constraints, then their leadership qualities come into existence. They need to plan on risks, fallback plans, motivation and ensure that all ends well.
Then Leaders do differently what ? Brainstorming, strategic thinking (most abused word), setting vision/mission, growth plans, mergers/acquisition, brand building, marketing, corporate social responsibilities ? But do you think, a single individual gets all Ideas to act like a LEADER anywhere. Definitely NOT, there is a collective source which called Leadership team, that works together to achieve something in market place, internal to org, positioning the brand, and then come out with guidelines and Management team take the charge to implement and ensure such changes in place and visible. What you need is both a strong leadership team and management team to effectively put your thoughts into action ? At home, in nucleus family, I am the leader and manager. At times, spouse does both to augment the fulfillment of a team. But, the question likes the succession PART. More at work place and organization level.
Leading companies have problem with leadership succession ? You don't know those companies; Please mail me, I will list them with probable lookouts as well ---------->
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