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Leadership planning among members & chapters dr manju k prakash

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  • 1. Dr Manju K Prakash Executive Director FICCI Ladies Organisation
  • 2. 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 health Same applies to Chambers/Associations Apple – Innovation vacuum after Steve Jobs Infosys – Narayan Murthy had to return Leaders are made out of tremendous hard work put in mentoring, nurturing and cultivating skills Leadership Planning is Crucial to cultivate leaders of tomorrow
  • 3. A one time event Decided by an individual Used solely for advancing an individual’s aspirations Reacting only when a position is open Pro-active Aligned with organization's goals, vision & mission Driven by current and future needs
  • 4. Effective Chambers are able to Sustain & Increase Membership Successful Projects of Advocacy Branding, Visibility & Networking Develop Leadership among its members FOUR PILLARS OF CHAMBER SERVICES Leads to creating one of its kind Chamber that has voice Attracting quality members
  • 5. 3 2 1 Stable Performance of chambers Better run Chambers Enahnces knowledge transfer in chambers
  • 6. 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
  • 7. 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
  • 8. Put in place an organization structure CEO/ED President/ Chapter Head Council of Members Chamber Members
  • 9. Unify collective strength of women Leverage position as an influential economic force in the region Establishing a bold, new women-led economic marketplace Achieving greater opportunities, independence and sustainability for women led businesses
  • 10. Policy Advocacy: Government Contracting, Capital, Healthcare, Taxation, Other interest? Government Contracting Liaison Training, Capacity Building and education Suggestive list, not exhaustive
  • 11. Women entrepreneurs face unique challenges specific to their country These may not be applicable to other country of the region Women entrepreneurs - found and evolved distinct strategies to address in their respective countries Women business chambers to develop strategic plans to cultivate leaders for tomorrow Leadership Planning must for survival of business chambers