Dear Company Owners, Leaders of Organizations, and HR managers, please download and utilize our Executive Recruiting, Development, and Retention Guidelines! These guidelines will help you attract and retain top-tier leaders, identify and nurture your leadership talent pool, and ultimately build a ‘premier league’ management team!
Over the course of two days of intensive and focused discussions, the members of the Adizes Practitioners’ Club identified the risks associated with succession planning in management and formulated recommended action models. Drawing from our collective experience of over 350 years in management, we have collectively achieved a total turnover of 400 million euros. We are pleased to share our insights openly to contribute to the continuous improvement of management practices.
Here are categories of hurdles companies face when trying to attract, nurture and sustain leaders:
- character traits of the owners – unwillingness to prioritize better management approach, etc.;
- character traits of hired leaders – reluctance to get involved in difficult companies, burning our risks etc.;
- deficiencies in HR process of leading the Leaders – who provides feedback to whom and on what basis, etc.
- external environment and regional specifics;
- lack of clarity about company’s goals, structure and strategy.
Here are some highlights of solutions that will help you attract, nurture and sustain leaders:
- don not motivate people, rather stop demotivating them;
- have “Jesters” (*) in the “Courts” of entrepreneurs;
- management by wandering around;
- using long-term loyalists as mentors rather than managers;
(*) … was allowed … to tell the ruler the unpleasant truth and would not be punished
See the Executive Summary of attracting, nurturing and sustaining Leaders here:
Latvian companies are facing a pressing shortage of skilled Leaders… and we suspect it is an issue across the World. How can owners effectively attract and retain top-tier leadership talent? What strategies can teams employ to identify and nurture their potential, ultimately building a ‘premier league’ management team?
- FOR BUSINESS OWNERS — how to transform yourself to develop your leaders;
- FOR HIRED LEADERS — how to integrate into the reality of business to develop it;
- FOR HR MANAGERS — how to focus leadership development to grow companies.
Commencing the journey toward improved management is a timeless endeavor, even though perfection may remain elusive. The recommendations presented here hold their relevance across all eras and circumstances, serving companies of every scale and within every echelon of management.
Risks accumulated and guidelines developed by — Raitis Bullits, “Alveda“, “Alps2Alps“, Amitours founder, investor; Uldis Misins, “Avoti” founder, CEO; Artjoms Fokejevs, “Avoti” COO; Vija Kilbloka, “Apgāds “Zvaigzne ABC” founder and CEO; Verners Dobelis, “ARiTeh” founder and CEO; Ilona Baumane-Vitolina, “AIMS International” managing partner; Elvis Kvalbergs, “Burti” founder and CEO; Bruno Ansons, “Cannelle Bakery” Member of the Board; Krists Frinbergs, “CITA LIETA“, founder and CEO; Kristaps Berkis, “FN-SERVISS” CEO; Laura Valtere, “Gateway & Partners” COO; Rinalds Simens, LVM “Zemes dzīles” Head of Quality; Janis Elsts, “NESS” founder and CEO; Janis Karans, “NESS” COO; Janis Bokums, “Primekss” Member of the Board, COO; Tatjana Kuzmina, “Primekss” CHRO; Agnese Maskalane, “Primekss“, CFO; Andrejs Cinajevs, “Primekss” Head of Production; Janis Stankevics, personally; Victor Chaykin, “VLAVI group” founder and CEO; Dmitrijs Bals, “VLAVI group” COO; Margarita Jankova, “Wandoo Finance” COO u.c.
Organized and integrated by Adizes Institute in Latvia — Greg Scott Mathers, MD, Senior Certified Associate; Ervins Dortins, Associate; Vladimirs Kuzmins, Certified Associate, Integrator of the Event.
Presented here are our results, offered freely to the public, with the aim of enhancing awareness and knowledge, benefiting not only the business landscape but society at large. This contribution serves to foster prosperity across various domains.
We extend an invitation to all managers to proactively engage in leadership development, either individually or collaboratively with other organizations. This pursuit aims to bring us closer to achieving ‘major league’ caliber management teams within our respective companies, industries, and across different sectors.