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Shantana
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Meaning of executive development:
According to this study first of all they define the feature of great executives are:
• Leadership quality
• creative
• co-operative
Most of the time leaders like to surround themselves with individuals who have this
type of training along with years of experience to keep everyone on the same page,
and when problems or situations arise, the team of executives that employees are
working with will have an idea on what to do, and coincide with their decisions
also. If they looking for this type of program for business then organisation should
provide a E-learning to them by this they can develop themselves and as well as it
puts some value to the organisation.
The cost of failure is high for both the company and the employee. Most companies
estimate international assignments cost at least three times base salary. The
DuPont study shows that when problems occur, failure is rarely due to technical
incompetence but is more likely to be the inability of members of the employee's
immediate family to adjust to the new environment and culture. Family problems
that can be coped with in a benign home country environment are magnified in the
glare of the expatriate world where people have to try and cope without the prop of
the wider family and other familiar support mechanisms. This is often made worse
by the pressure not to lose face or the fear of any damage to the employee's career.
As a result, those progressive companies who think strategically are increasingly
taking more care over the whole process and using services of organisations.
This problem can be avoided by following ways:
1. Acknowledge that family issues are crucial to the success of the assignment.
According to this article there is two objectives that are to review and make
visible the uncertainties experienced by a group of chief executives (CEs)
participating in a leadership development (LD) programme, and, in particular, to
evaluate how effective the latter is at assuaging these uncertainties. This is all about
to review some uncertainties experienced by a group of CEs, and how they are
assuaged through their participation in an executive development (ED) programme.
Assuaging skills and knowledge uncertainties through ED: Many executives are
recently-promoted or appointed into unfamiliar, difficult and challenging tasks.
[20] Garrett (1991, p. 12) refers to the tensions and "nagging feelings and lack of
knowledge. In our conception, ED involves the development of executives'
knowledge, skills, attributes and experience to enhance the performance. Most
evaluation studies have been based on interviews or surveys with the professionals
responsible for those activities. this overall level of dissatisfaction with in-company
MD, it is perhaps not surprising that much development was undertaken by
respondents on their own initiative, outside employer provision, making use of a
wide range of learning methods and displaying a willingness to make considerable
personal investments in their own time, at their own expense. There was a demand
for further development to be formally recognized in order to promote
"portability". External courses and experiential learning were rated more highly
than internal courses provided by the organization and this is concluded that by
executive development programme the organisaton can rid from the entire problem.
So every organization should do this to develop their employees.
This article is all about the how to improve the performance of an executives and it
used the techniques of 360-degree appraisal feedback with executives. They do not
like it. Through a stroke of luck, they discovered a more viable alternative: they
now reads them their horoscopes and then also does not yet have statistical data to
document it as a business best practice, but it seems to work. And employees may
be in good company: Nancy Reagan used it to help run the White House when
things were dismal for Ron. They think people may have lost the ancient art of the
human touch in their serious work of executive development. Another ancient
piece to this puzzle of development is the aspect of mystery in the human journey.
Some things just cannot be defined, chartered, or proscribed. The unfolding of the
human spirit is sacred. It is a process you seldom fully know, are often unable to
quantify, and are rarely in a position to manage.
REFERENCES:
• http://www.ameinfo.com/225292.html
• http://www.mzonearticles.com/Art/36157/24/The-Best-Executive-
Development-Programs.html
• http://www.suite101.com/content/executive-development-programs---
outdoor-team-building-training-a222376)
• http://www.articlesbase.com/international-business-articles/global-
executive-development-284051.html
• http://proquest.umi.com/pqdweb?
index=10&did=1266206851&SrchMode=1&sid=1&Fmt=4&VInst=PROD&
VType=PQD&RQT=309&VName=PQD&TS=1285684447&clientId=1298
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