(Solution) 5OS06 (AC3.1) Identify two stakeholders and explain their involvement in leadership and management development initiatives in your organisation
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Description
Solution
Senior Leadership
Senior leadership, including executives and top management, is the central stakeholder for the leadership and management development initiatives at Saudi Aramco. Starting with the strategic vision of these programs, they start by validating that their strategic vision is in line with the organisation’s long term business objectives as well as understanding the major industry trends. Senior leaders provide organisational support by securing the resources they need such as time, funding, and key personnel access. They also shape the design of leadership programs about what skills and behaviours are needed to drive organisational success in a complex, global energy market (CIPD, 2024c). Furthermore, senior leaders also actively play the role of a mentor or coach, who shares their experiences or insights with the future leaders. Through this involvement, the future leaders in the company gain real world knowledge of the company’s culture and values. This is critical to their contribution to the formation of a culture of continuous leadership development that will empower a resilient and adaptable leadership pipeline with the ability to navigate future challenges.
HR Professionals
The Coordination and management of leadership and management development initiatives is primarily the responsibility of the HR department, specifically the people development team. It is the role of HR professionals to run training needs analysis, such as to identify gaps in leadership competencies so that programs are adjusted to cater to these specific needs (CIPD, 2017). They also create and provide leadership programs, including e-learning platforms, classroom-based training and on the job learning. In addition, HR professionals work closely with senior leadership with the aim of aligning leadership programs with organisational objectives and to lead the evaluation of program, to make sure that the initiatives achieve the expected outcomes. They also get involved in succession planning, to ensure that there is a pipeline of capable leaders ready to step into those key positions upon the shortage of employees in a certain role.
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- Improved stakeholders relations (a later section of stakeholders analysis) easing the change process. Through the iSourcing improvement, WPC would be in a position of harnessing technical and commercial evaluation processes.
- Increased and robust systems and policies which mitigate overall gaps in sourcing system transformation
- Today, only lower than 10% of the entire WPC resources are used to prioritize automation and IT integration successfully. Automation would improve the use of resources in their operations
- Involve their IT and finance departments to ensure within a period of 6 months they
- WPC needs to consider embracing sustainable practices as part of investing in their Industry 4.0 technologies
- Through the adoption of automation, better communication systems backed by AI and ML would be introduced to achieve 70% increased communication effectiveness.
- It is important to increase this through increasing collaboration and alignment of all their interests holistically
- Partnering with institutions for the provision of capacity development opportunities for the PS&M teams and other organizations for the success of the automation process
- Expanding their sourcing of Industry 4.0 technologies. This is to involve highly reputable global companies hence efficient operations and integration of AI
- Source of support from the government to ensure that they are facilitated in terms of policies and appropriate regulations to guide the automation process.