Magazine article Management Services

Companies Deploying Wrong Weapons in War for Leadership Talent

Magazine article Management Services

Companies Deploying Wrong Weapons in War for Leadership Talent

Article excerpt

Many companies are adopting ineffective strategies when it comes to the war for leadership talent, according to search and selection specialists Huntswood. Speaking at The Consultancy Forum in London recently, Jon Tait, claimed that all too often companies falsely equate a strong leadership function with a high-profile, heroic figurehead. This results in resources and effort being devoted to attracting and retaining this one individual at the expense of developing a strong leadership team, which would be more effective.

Jon Tait, managing consultant at Huntswood, commented "When we think about strong, effective leadership, most of us think of one charismatic individual heading up the company and leading by example. However, in reality, relying solely on one high-profile figurehead is an outdated and risky strategy. Having one leader puts the company in a very vulnerable position, as the loss of this key player can have an enormous knock-on effect on the rest of the firm. Moreover, any leader on a pedestal is bound to make mistakes at some point, the severity of which is magnified by their very public nature and the fact that such leaders are often expected to be above the mistakes of mere mortals.

"Perhaps more importantly, one leader can come to dominate the company, meaning that others with ideas for growth or experience to pass on can miss their chance. A strong leadership team, on the other hand, which is comprised of a number of different individuals with varying backgrounds, experience and talents can be enormously successful. …

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