Strategies for Developing Successful Leaders
The pressures of running a business, maximizing information technology and managing a diverse workforce have never been greater. Executives face a wide-ranging array of challenges, including growing top-line revenues and bottom-line results. But aligning a workforce and achieving a higher level of productivity is a monumental task. A new research study conducted by the Corporate Executive Board (CEB) provides insights into the struggle. According to "The Rise of the Network Leader: Reframing Leadership in the New Work environment," profit growth doubles among firms with strong leadership. As a result, it's critical to imbue executives—and the next generation of executives—with the right skills, create an environment that fosters collaboration and adopt a more strategic portfolio approach to team building. Here's a look at what it takes to build better human networks in today's fast-changing and increasingly challenging environment. CEB is a member-based advisory firm that supplies insights, tools and solutions to more than 10,000 companies, including 85 percent of the Fortune 500.