Leadership
Response to Post #1
Your post raises an extremely important point about contemporary business management in relation to staffing and the integrated approach to all human resource management operations and functions. In the past, business organizations typically conceived of recruitment, hiring, training, career development, and employee retention as separate functions. Today, the trend is to fully integrate all of those functions within the framework of human resource management.
There are very good reasons for this because employee turnover is extremely costly when the costs of replacement, retraining, and lost productivity are considered. Generally, employees who leave their organizations after relatively brief periods of employment are less productive during much of their tenure than their counterparts who remain with their companies. Productivity is also lost throughout the period of recruiting, hiring, and training their replacements. Today, the trend is to minimize employee turnover by identifying prospective candidates for employment who will be successful during the recruitment phase. Management representatives contribute to this process to permit human resource departments to understand their operational needs and preferences. Likewise, human resource management now comprises new hire training and long-term career development to maximize the satisfaction and contribution potential of every employee. This integrated human resource management approach allows modern business organizations...
Strategic vision refers to the ability of business leaders to accurately asses the capabilities of their organizations and to correctly anticipate the future needs of their organizations. More particularly, that strategic vision includes maximizing the operational potential of the organization to achieve its short-term goals and the ability to forecast the trends and directions of business that will provide longer-term future opportunities and risks to the organization. In principle, successful contemporary business leaders must be able to implement optimally productive strategies to achieve their organizations' immediate goals and to prepare their organizations to capitalize on future circumstances and opportunities.
Communication skills are the manner in which effective leaders make sure that their visions and strategic decisions are transmitted within their organizations in a manner conducive to their accomplishment. The ability to communicate effectively includes establishing a management team and an organizational structure in which executive decisions are effectively communicated at every level and in which strategic objectives…
