Ram V Chary: Leadership, Management, and Succession Planning

Ram V Chary on Nailing Succession Planning from the Start

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Achieving organizational success requires deliberate and effective leadership, management, and succession planning. Investing in the future of your business by creating a plan for cultivating emerging talent can ensure long-term growth and stability through challenging times. By embracing such strategies, you can be sure that any transition period will run seamlessly no matter what curves life throws at you – or your business.

Companies with succession planning troubles have other management issues they must settle first. Passing the baton to a worthy successor should not be threatening to anyone who currently holds the post. According to Ram V Chary, there must be a plan of action from the Start for succession planning to be successful.

Succession planning is a corporate strategy that aims to identify employees with the capability and capacity to become the company's next leaders. It doesn't only concern top positions but also lower levels too. In addition, succession planning prepares the company for any contingencies. It's important to note that leaders must conduct succession planning way before transitions are needed. A proactive plan identifies key employees with leadership capabilities.

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After successfully pinpointing key individuals, management must let them know, says Ram V Chary. Conduct private meetings to explain to key individuals why they are involved in succession. However, leaders must let them know their participation doesn't necessarily assure them of the position. There needs to be training and development to ensure their efforts are up to par with expectations. To prepare them for their future roles, remember to conduct test runs. While a manager is on leave, assign the key employees to take over the role in the interim. It will offer a glimpse of how they will lead the team. Moreover, this will give managers insight into areas where improvement is needed.

Often, leaders already have people in mind who they would want to take over their roles someday. They should find time to mentor them. Experience is the most valuable teacher. Imparting past experiences to your successor will help build their skillset and widen their capacity to lead a team. According to Ram V Chary, an early start in transition could also help prepare a successor to fill large shoes.

Ram V Chary is a seasoned business professional. He has experience holding various leadership posts such as CEO, executive vice president, and technology division head. For similar posts, visit this blog.

Five tips for leading your remote team better

If there’s anything that leaders are acknowledging now, it’s that leading teams remotely is not easy. Some people are just not good at distance and still prefer face-to-face interaction with their teams. With social distancing measures in place, leaders are learning to manage their teams remotely as they go.

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Open lines of communication. Even in online discussions with your team, maintain a receptive attitude. In general, leaders should talk to their teams as the workday begins and in the afternoon or evening for the end-of-day report. Practice emotional intelligence or empathy when leading your team, says Ram Chary Everi. While it’s a quality that every employee looks for in their leader, not everyone has that skill. Now more than ever, leaders must communicate compassion, truth, trust, and hope to their teams.

Be trustworthy. Even when not working from home, every leader must build trust among the teams they manage. Remote workers must know that their leaders are concerned about their wellbeing. On the flip side, managers must learn to trust their teams as they navigate through a different work setup. Practice patience when communicating with the team. Others may take longer to adjust to the new setup and may need extra guidance.

Ram Chary Everi reminds leaders to appreciate teams. A little appreciation goes a long way. There is a certain level of freedom one gets when working from home. However, it can ssometimes be lonely. Express gratitude and appreciation to your team to boost morale.

Ram Chary Everi has held various executive positions in the past, including as CEO and president of Multimedia Games Holding Company, Inc., executive vice president of Global Commercial Services, Inc., and the head of the technology division at Fidelity National Information Services, Inc. Click here for similar reads.

The five transformational leadership skills you should apply in the workplace

Transformational leadership hits the core of workplace operations. It is geared toward better profitability, but also help make employees feel more satisfied with their jobs.

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Accountability and responsibility are two key qualities of a transformational leader. In addition, here are five skills leaders need to apply in their workplaces:

Leaders must be confident in pushing their teams out of their comfort zone. While leaders want their team to excel consistently, they could be hindering their growth by forcing them to do tasks that fit their box of skills. Ram V. Chary suggests that leaders encourage employees to grab opportunities that would broaden their horizons and improve their competence in other areas. Providing a level of transparency in this day and age is a skill. It’s human nature to refrain from discussing personal matters, but offering a kind of openness to employees can boost the morale in the workplace.

Listening is always a top skill in any kind of leadership. Be open and attentive whenever an employee approaches with a bunch of questions and concerns. When a leader takes time to listen to their employee’s woes, it means they genuinely care.

For Ram V. Chary, setting a good example can be challenging, but extremely rewarding. Transformational leaders are like role models to their employees. Being a positive example can drive employees to do better and produce excellent results just like their leader. Showing commitment and dedication inspires the same qualities in employees.

Business professional Ram V. Chary had served in various leadership positions such as CEO, executive vice president, and technology division head. For quick updates, follow Ram V. Chary on Twitter.