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Presentation of Mr A Krishna, SVP-HR, Bosch Ltd at HR VLZ Session held on 26 April 2014
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HR VLZ_Creating Leaders-The HR Way_A_Krishna
1.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. 1
2.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way 2
3.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way 3
4.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way Roses do not bloom in deserts! Rose plants need an appropriate climate to bloom Suitable „Organisational climate‟ necessary to foster leadership development across all levels and functions A structured and cogent framework is a prerequisite for creating a leadership pipeline on sustained basis e.g, of Leadership Framework from Bosch 4 Foundation: The right climate
5.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way An integrated triad! Leadership characteristics aligned to Corporate Culture! 5
6.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way An integrated triad! Leadership characteristics aligned to Corporate Culture! 6
7.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way An integrated triad! Leadership characteristics aligned to Corporate Culture! 7
8.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way 8 Question? Organisation should give higher priority towards developing great leaders as compared to developing great teams.
9.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way: Cornerstones! 9 1. Recognition and rewards System of recognition and rewards should be structured to reward behaviour; not reward „people‟ Preferred leadership behaviour traits should be fostered Will help in creating talent pipeline – as opposed to creating stars!
10.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way: Cornerstones! 10 2. What is right – the “Bell Curve” or the “Power Law”? “All models are wrong; only some are useful” George EP Box
11.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way: Cornerstones! 3. Performance vs Potential 11 High performance is an indicator of potential High performance ≠ Leadership potential
12.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way: Cornerstones! 12 4. Need for clarity & consistency across the organisation A clear definition of what is meant by “Potential” is necessary to align the understanding between silos in the organisation
13.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way 13 5. A conundrum
14.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way 14 Leadership Development Cycle Identification Validation Assessment/ evaluation Development New Role
15.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way 15 Leadership Development Curve Junior Management Middle Management Senior Management Top Management Identifi cation Validati on Assess ment/ evaluat ion Develo pment New Role Identifi cation Validati on Assess ment/ evaluat ion Develo pment New Role Identifi cation Validati on Assess ment/ evaluat ion Develo pment New Role Identifi cation Validati on Assess ment/ evaluat ion Develo pment New Role
16.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way Leadership Development Organisation Strategy 16
17.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way: Cornerstones! Dealing with failure 17
18.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way 18 1. Promoting too early 2. Falling for eloquence 3. Not stretching persons outside their comfort zones 4. Preferring clones: having a cookie cutter approach 5. Extrapolating potential from performance 6. Placing premium on ‘pedigree’ 7. Giving undue importance for tenure
19.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way 19 Persons who snatch “defeat from the jaws of victory” “Star performer” *who inflates travel bills, for e.g, The great performer * who regularly rubs people on the wrong side * who is a kingdom builder Persons who don‟t show resilience and grit
20.
A Krishna |
Sr. Vice President - HR | 26.04.2014 | © Bosch Limited 2014. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. Creating Leaders - The HR Way 20 Thank you for your attention!