people are the indispensable quantity of a business — every business. If
you had no machines, people would invent them and build them for you. If you had
no materials, people would gather, mine, and process them for you. But without
people, you have no business•
Of course, people without a leader are little more than a disorganized
mob. Leadership is an essential ingredient to harness their energy and ability
to obtain worthwhile^ mutually beneficial results.
Leaders, then, are a vital resource of a business. The more good ones you
have, the more productive your people and your plant will be.
But leaders die, resign, and are promoted to more important positions in a
company* You want a cadre of new leaders in ready reserve. You want any change
in leadership to be a smooth transition from old to new. You do not want a
leadership gap, nor the sudden entry of a brand new leader from outside your
organization. The change should be evolutionary. There are a number of benefits
to as organization In developing its own new leaders.
1. It Is less costly.
2. You avoid starting a competitive war of personnel piracy.
3. It Is more efficient, since the new leader knows all current
corporate policies and practices.
4. You have complete knowledge of the new leader's strengths and
weaknesses and can organize accordingly.
5. Personnel accept and cooperate with the new leader faster.
7. It speeds corporate growth since you have leaders rea4f to assume
management of new operations. And in fact-, these prospective leaders will often
propose new profi making activities so that they will be given opportunities to
manage.
8. Leaders attract leaders.
9. An organization becomes known for its leaders. This is a tremendously
valuable asset to your sales departments and in marketing corporate securities
or stock.
