The High-Potential Leader - Ram Charan - E-Book

The High-Potential Leader E-Book

Ram Charan

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Set your sights on High-Potential leadership and help your organization thrive In today's tumultuous and rapidly evolving business environment, High-Potential leaders are in high demand. Do you possess the relationship skills, strategic vision, innovation, and determination needed to thrive as a high-potential leader in your organization? New York Times bestselling author Ram Charan answers that question and helps you hop on the fast-track to leadership success in this insightful guide. Traditionally, leaders have risen up through the ranks based on their cognitive abilities, analytical skills, thoroughness, and even perfectionist tendencies, but as modern businesses have moved to a more digitally-driven model, the criteria for leaders has markedly changed. The High-Potential Leader explains the modern business climate while highlighting the critical role relationship building, communication style, engagement, and ability to motivate and bring out the best performance in others play in becoming an impactful leader. Whether you're just embarking on your leadership journey or are ready to make the leap to the next leadership level, Charan's real-world lessons and practical advice will help you discover who you are as a leader, chart your path, accelerate your growth, and ultimately, become The High-Potential Leader your organization needs to succeed.

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THE HIGH-POTENTIAL LEADER

How to Grow Fast, Take on New Responsibilities, and Make an Impact

RAM CHARAN

with GERI WILLIGAN AND DEB GIFFEN

Cover image: © mattpaul/Getty Images

Cover design: Wiley

Copyright © 2017 by John Wiley & Sons, Inc. All rights reserved.

Published by John Wiley & Sons, Inc., Hoboken, New Jersey

Published simultaneously in Canada

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600, or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at www.wiley.com/go/permissions.

Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with the respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor the author shall be liable for damages arising herefrom.

For general information about our other products and services, please contact our Customer Care Department within the United States at (800) 762-2974, outside the United States at (317) 572-3993 or fax (317) 572-4002.

Wiley publishes in a variety of print and electronic formats and by print-on-demand. Some material included with standard print versions of this book may not be included in e-books or in print-on-demand. If this book refers to media such as a CD or DVD that is not included in the version you purchased, you may download this material at http://booksupport.wiley.com. For more information about Wiley products, visit www.wiley.com.

Library of Congress Cataloging-in-Publication Data has been applied for and is on file with the Library of Congress.

978-1-119-28695-0 (hardback)

978-1-119-28707-0 (ePDF)

978-1-119-28706-3(ePUB)

What is the true value creator and competitive advantage for your company? Spotting and deploying talent. Especially in this continuously transforming economy, it is what sets one company ahead of another. This is true for born-digital companies that have become extraordinarily large and continue to expand, and for traditional companies that are waking up to the need to transform.

This book shows high-potential leaders—those who could someday lead a large organization—how to create their own paths and build the essential skills needed to live up to their great promise. At the same time, this book explains to top management, chief human resources officers, and other leadership developers how to identify their high-potential leaders and facilitate their development ahead of competition.

CONTENTS

 

1 High-Potential Leaders Are Crucial to Helping Businesses Adapt and Thrive in the Digital Age

The Urgent Need for High-Potential Leaders

What “High Potential” Means Now

An Important Distinction

Getting Hipos There Faster

How Hipos Can Use This Book

How Leadership Developers Should Use This Book

A Final Word

Tips for Hipos—How to Use This Book

Tips for HR and Leadership Developers—How to Use This Book

PART I FIVE ESSENTIAL SKILLS FOR HIGH-POTENTIAL LEADERS

2 Increase the Return on Your Time (ROYT)

Get Comfortable with People Better Than You

Set and Reset Your Priorities

Customize Your Information Flow

Delegate and Follow Through

Trust But Verify

Decide How to Leverage Yourself

Create Repeatable Processes

Be Decisive

Additional Resources

Notes

3 Multiply the Energy and Skills of Those Around You

Identify a Person’s God-Given Talent

Build Other People’s Strengths

Make Necessary Changes Quickly

Manage the Intersections

Lead the Dialogue

Be a Social Architect

How Tony Palmer Became a Talent Magnet

Additional Resources

4 Be a Master of Big Ideas and Execution

Make Your Big Ideas Better

How to Assess Your Good Ideas

Executing Big Ideas

Execution Basics

Ask Incisive Questions

A Hipo’s Vision and Execution at Fingerhut

Additional Resources

5 Get to Know Customers, Competitors, and the Macro Environment

Observe the End-to-End Consumer Experience

Know the Competition

Dissect Ecosystems

See Your Business from the Outside In

Keep Up with Technology

Additional Resources

Notes

6 Build Your Mental Capacity

Widen Your Lens

Keep Learning

Build Diverse Networks

Seek Information from Everywhere

Stay Mentally Flexible

Additional Resources

PART II TAKING CHARGE OF YOUR GROWTH AND CHOOSING YOUR NEXT BIG CAREER MOVE

7 How, When, and Why to Make a Leap

The Virtue of Leaps

Making Leaps Without Leaving Your Company

Build Your Own Support System

Bonnie Hill’s Multiple Leaps

Leaps Outside the Company

Weighing a Job Change

Your Exit Plan

Your Entrance Plan

Additional Resources

Notes

8 Track Your Mental Health and Work/Life Balance

Business Achievement

Life Satisfaction

Find a Meaningful Focus

Protect Your Mental Health

How Aaron Greenblatt Found His Focus

Additional Resources

Notes

PART III THE CARE AND FEEDING OF HIGH POTENTIALS— EVERY ORGANIZATION’S PRECIOUS RESOURCE

9 Identifying, Recruiting, and Retaining Hipos

Redefine and Find High-Potential Leaders

Create Opportunities for Growth

Clear the Path for Hipos

Improve Feedback Loops

Refresh the Leadership Pool

How to Use This Book to Develop Your Organization’s Hipos

Key Points for Talent Management Leaders

Additional Resources

Acknowledgments

Index

EULA

Guide

Cover

Table of Contents

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Dedicated to the hearts and souls of the joint family of twelve siblings and cousins living under one roof for fifty years, whose personal sacrifices made my formal education possible.