Professional Documents
Culture Documents
Onus on Whom?
Introduction
Companies want leaders who can demonstrate high standards of integrity, take
responsibility for their actions, and are steered by enduring principles. A leader is one
who is trusted by fellow workers, enthuses others to perform their best, builds
exceptional value for the company and is looked up to for advice. What distinguishes
true leaders from the merely capable is the resilience in their leadership styles to combat
challenges of the global economy and highly competitive environments (Lagace, 2006).
Authors, * Assistant Professor, School of Business and Commerce, Manipal University Jaipur, Rajasthan, India.
pls E-mail: savi9panwar@yahoo.co.in
mention ** Student, School of Business and Commerce, Manipal University Jaipur, Rajasthan, India.
the E-mail: amanmehtaksg@gmail.com
corresponding
author
© 2019 IUP.
Fostering All RightsinReserved.
Leadership Generation Z: Onus on Whom? 1
Such leaders are in short supply. Today, finding and fostering future leadership talent
is a prime concern for most organizations.
The generation of leaders, as popularly placed forward by demography, social
sciences and marketing, can be broadly divided into—the baby boomers (born from 1944
to 1964), the Generation X leaders (born from 1965 to 1979), the Generation Y (born
from 1980 to 1994) and the Generation Z (born from 1995 to 2015). The formative years
of each generation are very different from each other. Although it is difficult to draw
clear boundaries along these generational lines and fruitless to overgeneralize, they are
each, in part, a product of their time. With the boomers and Generation X heading
towards retirement, Generation Y and Generation Z are the future of business.
While Generation X and Y are the ones who are already employed and are learning
by doing, Generation Z still waits to have leadership opportunities. Moreover, leadership
is only in its nascent stages in Generation Z. In the absence of corporate exposure, this
generation of young blood mostly relies on professional college education for learning
leadership skills.
Businesses around the world have stressed the importance of developing people into
leaders and India is not an exception. In the findings of a research published in Harvard
Business Review (Cappelli et al., 2010), it has clearly been mentioned that senior
executives at 98 of the largest India-based companies admit that their source of
competitive advantage lay deep inside their employees. In sharp contrast with the US,
the Indian executives laid intense focus on culture and human capital. They placed
higher priority on keeping the culture and guiding the employees, and believe in
nurturing leaders. Although such findings can be relieving, the question that still
troubles the corporate is: Why are the boomers not finding capable successors? Well,
may be the answer is, that although a large number of people would desire to fill in
the top positions, only a few are prepared and equipped to do so.
Leadership, in modern times, necessitates a new focus on developing leadership
acumen and expertise, fresh outlook on the functions of leader identity and
enlargement of adaptive leadership aptitude (Day and Harrison, 2007; Day, 2009; and
DeRue and Wellman, 2009). In an interview (Jones, 2009), 3M CEO, George Buckley
noted, “Leaders aren’t given the choice between dandelions and roses. It might be
dandelions and chickweed. They are forced to make choices with too little time and
too little information. It requires courage and a strong stomach. I might be forced to
make a decision in five seconds, which will then be studied for months by a team
of 40 lawyers. The job that leaders have is difficult, and there are increasingly few
people capable of doing it.”
In a paper by Ready and Conger (2007), it has been stressed that many successful
companies have focused upon functionality and brought in rigorous talent processes
that support strategic and cultural objectives and vitality. They have shown emotional
commitment to develop and retain key employees and to fill positions speedily to meet
the evolving business needs. Taking examples from such companies, others should also
constantly try to develop their future leaders. This can be achieved, firstly, by putting
the right people with the right skills in the right place at the right time. Secondly, by
providing the requisite training which can make it easy for the employees to know what
is expected from them. Thirdly, by giving adequate incentives to the employees so that
they strive for excellence and are passionate enough to take up different challenges.
Fourthly, by fostering commitment and accountability so as to develop honesty among
the employees. They should be kept engaged with the mission and objectives of the
company. Moreover, employees’ personal goals should be blended with the
organizational goals so that both can grow together. Last but not the least, companies
should share impending strategies with the potentials and should highlight their role
in making them real, i.e., the young potential leaders should not be kept in the dark.
Conclusion
Although developing leaders is not an easy task, professional colleges will have to take
the onus of developing students into inspiring leaders, so that when they enter the
corporate they are well prepared to take up the ever mounting challenges of business.
If colleges are able to identify, train and develop students into leaders, then there will
never be a dearth of leaders who can step into the shoes of the departing boomers.
Professional colleges may seek cooperation and guidance from industry experts by
regularly interacting with them and trying to know their changing needs and then act
accordingly. In addition to it, the organizations, where the students finally get placed,
will also have to continuously work to develop the next generation business leaders.
They will have to provide a conducive environment so that potential leaders can learn
and grow into successful future leaders.
Volume, 5. DeRue D S and Wellman N (2009), “Developing Leaders via Experience: The Role
Number for of Developmental Challenge, Learning Orientation, and Feedback Availability”,
ref 1 Journal of Applied Psychology, Vol. 94, No. 4, pp. 859-875.
Volume, 6. Jaques E (1989), Requisite Organization, Cason Hall Publishers, Arlington, VA.
Number, pp 7. Jim Allen McCleskey (2014), “Situational, Transformational, and Transactional
for ref 2, 8 Leadership and Leadership Development”, Journal of Business Studies Quarterly,
pp for ref 7, Vol. 5, No. 4.
9 8. Jones Del (2009), 3M CEO George Buckley Focuses on Leadership Training, USA
Number for Today.
ref 15 9. Kesler Gregory C (2002), “Why the Leadership Bench Never Gets Deeper: Ten
Insights About Executive Talent Development”, HR Planning Society Journal,
Vol. 25, No. 1.
10. Krista Marie Soria, Linnette Werner, Neelam Chandiramani et al. (2019),
“Cocurricular Engagement as Catalysts Toward Students’ Leadership Development
and Multicultural Competence”, Journal of Student Affairs Research and Practice,
Vol. 56, No. 2, pp. 207-220.
11. Lagace Martha (2006), Grooming Next-Generation Leaders, HBS Working
Knowledge, December.
12. Leibman M, Bruer R and Maki B (2006), “Succession Management: The Next
Generation of Succession Planning”, Human Resources Planning, Vol. 19, No. 3,
pp. 16-29.
13. Martin Jean and Schmidt Conrad (2010), “How to Keep Your Top Talent”, Harvard
Business Review, May, pp. 38-45.
14. Ready Douglas A and Conger Jay A (2007), “Make Your Company a Talent Factory”,
Harvard Business Review, June, pp. 50-59.
15. Shamir B and Eilam G (2005), ““What’s Your Story?” Life-Stories Approach
to Authentic Leadership Development”, The Leadership Quarterly, Vol. 16,
pp. 395-417.
Reference # 50J-2019-09-xx-01