LEADERSHIP IN THE NEW ECONOMY GUNA SALIETE DEVELOPMENT PROJECT MANAGER RIGA, 16TH SEPTEMBER, 2014

What Is Leadership? Let’s start with what leadership is not… -Leadership has nothing to do with seniority or one’s position in the hierarchy of a company. -Leadership has nothing to do with titles. -Leadership has nothing to do with personal attributes -Leadership is not management.

Definition of Leadership Leadership is a process of social influence, which maximizes the efforts of others, towards the achievement of a goal.

Management tools PAST - DRUM AND WHIP PRESENT – DELIGATE AND MOTIVATE FUTURE – USE POTENTIAL

LEADERS Do not appreciate his own potential Or potential of others A leader is a person who has a vision, a drive and a commitment to achieve that vision, and the skills to make it happen.

Leadership assessment tools Checkpoint 360 – Management executive tool. How good are you as a top manager and how good are your managers?

ProfileXT – job matching tool. Get the right people on the bus Get the right people in the right seats THEN work on vision, strategy and goals

‘Normal Distribution’

KPI (Key Performance Indicator) A Key Performance Indicator (KPI) is a measurable value that demonstrates how effectively a company is achieving key business objectives. Often management do not think about direct and indirect costs.

Research on recruitment costs April 2014 by Eiropersonāls Average number of employees : 426 Average gross salary: 1058 EUR Average staff turnover : 89 or 21% Average time for onboarding: 3,6 month «The average» company characteristics:

Leadership assessment tools KPI (Key Performance Indictor) – people forget to think about identified costs and unconscious costs Unconscious costs for 1 employee (onboarding) 3847 EUR

Thank you! SIA Eiro Personāls K.Barona iela 5 – 5, Rīga T