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Businesses need to understand what employees look for from their leaders
July 30, 2009
How can organizations make sure that the inherent uncertainty in today’s environment and associated redundancies at their own companies aren’t disruptive? They must first understand what employees look for from their leaders, whether that is the senior team or the line manager.
A gathering of UK executives stressed the importance of training and development through the economic downturn. The discussion encompassed key leadership priorities, such as skills required by employers now; development needs of the remaining workforce; and boosting engagement, retention, and motivation.
With the enthusiastic support of Puebla’s governor, this Mexican state’s university for economic development is using an innovative MBA program to create a cadre of business leaders.
“The unemployment rate shot up by half a percentage point in May, the biggest single-month increase in over twenty years,” notes Princeton economist Alan Krueger. The job cuts have hit the retail and financial services sectors particularly hard, and they illustrate problems in the economy in general. But they also point to opportunities for forward-thinking business leaders.
