Designing a Leadership Development Plan Assignment

Designing a Leadership Development Plan - Assignment congressmanice Waterhouse Coopers 2008/2009 report, 19% of the managers and 29% of company executives in various organizations are eligible for retirement in 2015. There is the pick up for adequate plans to replace these baby boomers without compromising organizational performance.The mobile phone and electronics manufacturing is becoming more competitive with time. With the establishment of more telecommunication firms, there is growing competition that requires a leadership approach in securing Samsungs market share. The leadership strategy aims at mitigating the effects of commerce rivalry on the companys revenue, and developing plans to expand the market share.A labor-skills requirement manual helps in the assessment of leadership gaps in the organization. The human resource department prepares a skills inventory that takes setting of the leadership capabilities of the workers. This achieves identification of leadership g aps in departments and workstations and helps in finding out the leadership skills or qualities that need improvement.The involvement of employees in leadership surveys ordain provide valuable study for assessment of leadership needs. A questionnaire on desirable leadership qualities, styles, and capacity can be of great importance in providing info on leadership requirements of the organization. This may also help in identification of potential leaders in the organization for nurturing.A review and analysis of Samsungs revenue for the past three years will be helpful in understanding the influence of competition on the company. The trends in revenue in comparison with those of close competitors will provide insight on how Samsung is fairing on in the market. Customer satisfaction surveys will give a glimpse of the reality in how the market perceives Samsungs products. The feedback from customers provides valuable information on the level of client satisfaction, loyalty, areas o f dissatisfaction, and close substitutes they