No need to have gray hair to play MGMT – Times of India

You may not have to wait long to occupy the manager’s seat. Organizations are betting big on young, in-house candidates who have the potential for senior roles, even if they aren’t 100% prepared. As a result, younger employees are pitching for manager roles and companies are more inclined to delegate responsibilities with higher potential.
In a large-cap firm, two out of three senior leadership roles were internally filled with employees who were not fully prepared but had the potential to grow. In another example, alkemo Laboratories give an employee the opportunity to occupy a position that is typically two levels high by a single person.
“I don’t think anyone is 100% ready,” said Neha PantAssociate Director (Knowledge and Consultant) at HR Association, SHRM India. He further added, “Whether you get individuals from outside or develop them from within, you have to give them opportunities to learn so that they can perform their roles better. Even when a company is working from outside And if it’s for a role that requires specific skills, you won’t find a perfect match. You have to give that person the opportunity to learn and develop skills.”
Megha Goyal, CHRO at Godrej Properties (GPL), said, “Employees today want to have a more active conversation about their careers. Are ready to try roles. Employees pick up on calls like these about their careers and we have career-development conversations with employees. The notion that only a few can rise to the top is changing rapidly. has been.” Goel said that in the past two years, four of the five senior leadership roles that fell vacant in the GPL were filled internally.
SV Nathan, Partner and Chief Talent Officer Deloitte IndiaWith ample opportunities, organizations find that people are more confident in promoting early, even if they are 65-70% ready than in bringing in an outsider. “It demonstrates commitment to developing leaders from within,” he said. But he added, “wherever change is needed, an outside leader may be a better bet.”
However, even raw leadership talent will require time and some hand-holding to mature. Rajorshi Ganguly, President and Global HR Head, Alkem Laboratories, said that when companies hand out initial responsibilities to in-house talent, they need to be backed with support and confidence. “Companies should not only motivate them but also provide a guiding light, which can help them to succeed. This will give time to people to stand firmly on their feet,” said Ganguly.
The time companies give to a young manager to deliver results will depend on the criticality of the role, said Sunit Sinha, partner and head of people, performance and culture KPMG India, “When you give responsibility to someone who is not 100% there, it is also important to give that person 6-12 months to settle down. As time passes, the capacity and productivity of the individual will also increase,” he said.
But it is equally important to create a design around the process. “You can’t just throw that person in the deep end of the pool and then ask that person to swim. We communicate that it is joint ownership of the individual, the firm, and the ecosystem to ensure success,” Additionally, he said organizations should measure what needs to be done and implement Plan B if things don’t work out. Sinha said, “I would say create a plan, because It may sound very basic, but often it is the basics that we miss.”
Candidates also have high ambitions and their eyes are fixed on leadership roles. “Every candidate who joins an organization feels that they have the potential to reach a leadership role and as a company our job is to facilitate them by offering the right interventions and coaching. If we feel That someone is not 100% ready for a role but has potential, then we support that candidate through such interventions so that they can take on senior roles earlier in their careers,” Goyal said.
A major advantage of choosing internal candidates is that they are well-versed in the organizational culture and are able to network with peers easily.