Developing Future Leadership - an L&D Model for fresh millennial

Lakshita Malara; Dr. Meera Mathur

Volume : VIII, Issue : X, October - 2019

Developing Future Leadership - an L&D Model for fresh millennial

Lakshita Malara, Dr. Meera Mathur

Abstract :

The future of long sustainable organisations depends upon the development that is paving the way for fresh millennial. The succession planning by MNCs to keep the pace with high dynamic environment is addressed by the talent management of the organisation with the implementation of various developmental intervention. The influence of top management plays a crucial role in cascading the experiential legacy to the fresh new entrants which are highly aggressive and demanding. A balance is ensured between the baby boomers & millennial for taking ahead the learning in a concrete and innovative. The paper will reflect the implementation of the model of legacy transfer in a structured manner enabling the raw millennial to come out as the future drivers of the organization. The objective or the purpose is to see how learning and development (L&D) model will be contributing in the development of the new entrants, the contribution made by the organization in shaping the future with the help of the model. This paper initially reviews key literatures around succession planning and developing leadership and subsequently draws key features and improvement opportunities. The work details the actual implementation undertaken in one of the manufacturing company which aimed at developing future leadership more constructively and turns out to be a reference for others. Key findings speaks about the smooth and hassle free continuity of the model within the organization with the efforts made by the fresh entrants and the sustenance extended by the leaders more cordially.