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 CIPD PRESS RELEASE 23 June 2008
Business leaders urged to keep their nerve in face of economic
turmoil
Today's turbulent times have the potential to be a severe test
of leadership skills for many organisations. But adopting a
siege mentality is unlikely to deliver future success, according
to Futures, a new report from the CIPD. The report argues that
organisations willing to seize the opportunities to
recruit, reward, retain, train and develop talent, despite tougher
times, are the ones likely to benefit from a competitive edge
when the economy picks up gain.
Writing in the new report, Jackie Orme, Chief Executive of the
CIPD, said:
"Knowing how and when to batten down the hatches is undoubtedly
an important leadership skill. And it may be enough to deliver
a survival strategy. But this approach won't support growth or
deliver competitive advantage for the longer term.
"The leaders who will really excel through uncertain times are
those with the courage to ride out to meet the storm - and the
integrity to convince others to come with them".
The report is the first in a new series called Futures, designed
to reflect the current and future challenges facing leaders in
organisations. This edition is looking at the specific, topical
challenges associated with "Leading through uncertain times".
The report includes contributions from:
* Neil Roden, Group Director, Human Resources, RBS
* Jeffrey Pfeffer, Professor of organisational behaviour at
Stanford University
* Six CEOs from very different organisations talking about the
uncertain times they've faced along the way
* Linda Holbeche, CIPD's Director of Research and Policy and
John Philpott, CIPD Chief Economist.
Notes to editors:
* Jackie Orme is available for interview
* The full report, Leading Through Uncertain Times, is available
from Tuesday 24 June at http://www.cipd.co.uk/futures
* The Chartered Institute of Personnel and Development (CIPD)
has over 130,000 members and is the leading professional
institute for those involved in the management and development
of people.
CIPD press enquiries:
Gregor Ridley / Christian Zarro / Jemma Walsh
CIPD Press Office
151 The Broadway, London SW19 1JQ
mailto:press@cipd.co.uk
020 8612 6400
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