Business Skills

Corporate Leader

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Selecting a New Corporate Leader: 3 Questions To Answer

Peter Drucker advice

Advice by

Peter Drucker

 

 

 

 

  Define What You Are Looking For and Select the Best Candidate

 

Responsibilities of a Corporate Leader 

First and foremost, define what you are looking for.

Leadership is not rank, it is responsibility.

It is the lifting of a subordinate’s vision to higher sights – the raising of a subordinate’s performance to a higher standard.

It is the building of a subordinate’s personality beyond its normal limitations.

A leader must set strict principles of conduct and responsibility, high standards of performance, and respect for the individual and his work.

Matsushita's 10 Corporate Management Lessons

25 Lessons from Jack Welch

 

Identifying a New Corporate Leader

❶ First: look at what the candidates have done – and what their strengths are. You can only perform with strength. What has each candidate done with his strengths?

❷ Second: would look at the institution and ask: “What is the key challenge?” Try to match the candidate’s strengths with the needs.

 

  

❸ Third: Look for integrity. A leader sets an example, especially a strong leader . He or she is someone on whom people – especially younger people – in the organization model themselves.

When selecting a leader, always ask yourself: “Would I want one of my children to work under this person?"

If the leader is successful, then the young people will imitate him. Ask yourself: “Would I want my child to look like this?”