Leadership Wisdom & Potential Leaders: A Succinct Analysis

Abstract

          Culture is the harmonious development of all the faculties of a man. Intellect, Human resource potentiality, financial discipline & Absolute integrity are the essence of leadership wisdom. Leadership versus Leaders are complementary to each other. A leader shall be endowed with qualities like administrative brilliance, Articulating vision, Ethics in business, Taking timely & judicious decision, Setting an example for the employees, Ensuring effective decentralization of power, Converting challenges into opportunities, Polite dealings, & above all addressing the grievances of the employees in right earnest.

 A  charismatic leader emphasizes on competencies & characteristics like knowledge, skill, abilities and empowers individuals  to harness their intrinsic  potentiality for its optimum utilization. Leader focuses on an individual whereas building leadership thrust area is on the organization that generates leaders. Leadership wisdom is the identity of the leaders throughout the organization that bridges customer expectations, employees and organizational behaviour. (Ulrich et al, 2007). Companies to garner competitive edge, should be clear on the vitality of   Leadership Development. The focus of this study is to critically evaluate leadership competencies based on extensive review of literature and primary data taken from selected firms in pharmaceutical sectors that deal with customers. Besides, the study outlines the core competencies and sub-competencies for leadership management. It is also imperative to analyse various aspects, like description and strategies to enhance competency of employees particularly in marketing departments to focus on customer-based leadership.

The present study has made a succinct & in depth   analysis in this direction providing the theoretical perspective as well as empirical verification of competency mapping by analyzing data.