Great leadership helps to give any company a competitive edge.
It is vital that organisations identify people who have leadership potential so their talents can be cultivated and weaknesses addressed well in advance of their taking on an executive role, says Eugene Burke, the chief science and analytics officer at SHL, a consultancy that measures business talent.
This means companies will be prepared for leadership changes and have a solid pipeline of well-rounded individuals prepared to take on the top jobs, he says.
In Dubai last week for the HR Summit & Expo, Mr Burke unveiled a new study conducted by SHL that identifies the top 25 countries with leadership talent today and potential leaders tomorrow.
Hong Kong, Germany and the United Kingdom head the list of countries that have effective leaders for today. The UAE comes in at number 21, the only country in the Middle East to make the list.
However, looking farther down the line at the potential supply of leaders tomorrow, the UAE jumps nine places to 12th position, while Hong Kong and the UK slip to 20th and 21st positions respectively.
The study was based on 1.5 million SHL assessments in 37 countries, completed by both job applicants and holders. Participating companies included firms listed on the FTSE 100 as well as small businesses.
The assessments provide a "really scientific, precise view of the potential of that person, the person's strengths, the person's weaknesses [and] what is needed to develop that person into an effective leader", says Mr Burke.
The first question, however, is what makes an effective leader?
Mr Burke believes there are four functions: developing a compelling vision for the company, setting goals, getting the support to achieve those goals and delivering success.
"The acid test of a successful leader is, do they bring success?" he says.
Then there are the behaviours that deliver those four functions, including the ability to build relationships, solve problems, communicate well, think laterally, influence, respond positively to change, organise, and motivate and be motivated.
And while companies have hired or promoted staff to leadership roles mainly on the basis of past performance, they must be more forward-looking, advises Mr Burke.
"Track record to date is an entry pass into consideration for leadership," he says. "That tells you, up to this point, whatever role they've been in they've been able to deliver against their objectives. But it doesn't necessarily tell you whether they are ready for a leadership role and it won't tell you about what their potential is for the future.
"I think many organisations realise now that knowledge, skills, understanding are important, but what really marks out an effective leader are the core behaviours that deliver the core functions for organisations."
The UAE has a strong pool of potential leaders for tomorrow, the SHL study shows. So it is important that managers work out who they are and develop their skills.
If this is accomplished, "you are going to be building a much more robust and sustainable pipeline to leadership tomorrow", says Mr Burke. "You are going to be strengthening the supply of leaders for the UAE and reinforce the UAE as hub of business leaders in the region."
The study also found that in the Emirates, 15 per cent of leadership roles are currently held by women. But farther down the line, the supply of leadership potential in the UAE is slightly in favour of women.
Globally, the gender difference in senior positions is 76 per cent in favour of men.
Mr Burke notes that many companies are now taking a forward view in identifying leaders and taking this into consideration even when interviewing graduates to fill entry positions. They are hiring people not just to fill a vacancy today, but taking steps to develop that person over the course of his or her career.
"Some [companies] are even more forward-looking," says Mr Burke.
"They are saying: 'Let's not wait for positions to open up. If we identify the talents, then let's create positions for them where they can start to shadow others and get that experience.'"
lgutcher@thenational.ae
Thank You for Banking with Us
Director: Laila Abbas
Starring: Yasmine Al Massri, Clara Khoury, Kamel El Basha, Ashraf Barhoum
Rating: 4/5
Cricket World Cup League 2
UAE squad
Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind
Fixtures
Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE
COMPANY%20PROFILE%20
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Meydan race card
6.30pm: Maiden Dh 165,000 1,600m
7.05pm: Handicap Dh 185,000 2,000m
7.40pm: Maiden Dh 165,000 1,600m
8.15pm: Handicap Dh 190,000 1,400m
8.50pm: Handicap Dh 175,000 1,600m
9.25pm: Handicap Dh 175,000 1,200m
10pm: Handicap Dh 165,000 1,600m
Sunday's games
All times UAE:
Tottenham Hotspur v Crystal Palace, 4pm
Manchester City v Arsenal, 6.15pm
Everton v Watford, 8.30pm
Chelsea v Manchester United, 8.30pm
Sholto Byrnes on Myanmar politics
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
THE BIO
Favourite place to go to in the UAE: The desert sand dunes, just after some rain
Who inspires you: Anybody with new and smart ideas, challenging questions, an open mind and a positive attitude
Where would you like to retire: Most probably in my home country, Hungary, but with frequent returns to the UAE
Favorite book: A book by Transilvanian author, Albert Wass, entitled ‘Sword and Reap’ (Kard es Kasza) - not really known internationally
Favourite subjects in school: Mathematics and science
Company%20Profile
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The specs: Volvo XC40
Price: base / as tested: Dh185,000
Engine: 2.0-litre, turbocharged in-line four-cylinder
Gearbox: Eight-speed automatic
Power: 250hp @ 5,500rpm
Torque: 350Nm @ 1,500rpm
Fuel economy, combined: 10.4L / 100km
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Bawaal%20
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Singham Again
Director: Rohit Shetty
Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone
Rating: 3/5
Company%20Profile
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EA Sports FC 25
Developer: EA Vancouver, EA Romania
Publisher: EA Sports
Consoles: Nintendo Switch, PlayStation 4&5, Xbox One and Xbox Series X/S
Rating: 3.5/5
Company%20Profile
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UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
OIL PLEDGE
At the start of Russia's invasion, IEA member countries held 1.5 billion barrels in public reserves and about 575 million barrels under obligations with industry, according to the agency's website. The two collective actions of the IEA this year of 62.7 million barrels, which was agreed on March 1, and this week's 120 million barrels amount to 9 per cent of total emergency reserves, it added.
Match statistics
Abu Dhabi Harlequins 36 Bahrain 32
Harlequins
Tries: Penalty 2, Stevenson, Teasdale, Semple
Cons: Stevenson 2
Pens: Stevenson
Bahrain
Tries: Wallace 2, Heath, Evans, Behan
Cons: Radley 2
Pen: Radley
Man of the match: Craig Nutt (Harlequins)
The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
Apple%20Mac%20through%20the%20years
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The%20specs
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Diriyah%20project%20at%20a%20glance
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Bugatti Chiron Super Sport - the specs:
Engine: 8.0-litre quad-turbo W16
Transmission: 7-speed DSG auto
Power: 1,600hp
Torque: 1,600Nm
0-100kph in 2.4seconds
0-200kph in 5.8 seconds
0-300kph in 12.1 seconds
Top speed: 440kph
Price: Dh13,200,000
Bugatti Chiron Pur Sport - the specs:
Engine: 8.0-litre quad-turbo W16
Transmission: 7-speed DSG auto
Power: 1,500hp
Torque: 1,600Nm
0-100kph in 2.3 seconds
0-200kph in 5.5 seconds
0-300kph in 11.8 seconds
Top speed: 350kph
Price: Dh13,600,000
COMPANY PROFILE
● Company: Bidzi
● Started: 2024
● Founders: Akshay Dosaj and Asif Rashid
● Based: Dubai, UAE
● Industry: M&A
● Funding size: Bootstrapped
● No of employees: Nine
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