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requirements
Social:
Majority of Brazilian currently age between 15-64 years and most of them are
educated as the total population tertiary rate is 83.3% (Word IQ) which a leader with
empowering skills is vital (Paster, 2010). Due to major knowledgeable workforce would
prefer to work under freedom condition with great responsibilities.ssss
Technology:
Economic:
Brazil is one of the global markets which result in a growth economic index. For
example, GDP growth is 7.5%; Foreign Direct Investment is 3.0%; Inflation rate is
2.06%, etc. (Itaú Unibanco Macro Research, 2010). As a result, the most important skill
needs for Semco leader is Change Management.
Environment:
Learning skill should be applied for Semco leader under the context of politics
because politics in Brazil in becoming more stability so there are many programmes set
up by the government to develop the country. These can benefit or create problems to
Semco so it highly requires a leader to learn the situations and forecast the future
vision.
Legal:
Globalization trend affects Brazil significantly, therefore, there are many laws and
legislation taken place, for example laws on Foreign Direct Investment; Foreign
Exchange Market; Foreign Investment Registration; Mergers, Acquisition and Joint
Venture; etc.(Demarest & Almeida, 2006) Semco leader should be an expert in
legislation in order to operate the business legally and smoothly since Brazil has high
rate of bureaucracy and corruption to be avoided.
Ethics:
Semco requires a leader who can deal with the issue of ‘Corporate Social
Responsibility’ as this becomes ethical trend in Brazil that the company doing their
business ethically that will result in sustainable business. (Kliksberg, 2006)
Question 4: Produce a future leadership skills plan for Semco. Report on how
useful were the methods used to plan the development of leadership skills.
Ensure you evaluate each method and discuss what you think of each method.
Short-tem development
Source: IDRC
In the short run, Implementation Plan is the most suitable method for Semco to manage
and monitor the company activities. It helps the company to forecast the outcomes
before it is carrying out (IDRC) and identify and tackle the shortcoming problems both
with tasks and people. It provides the plan for the company in more detail as the
implementation plan basically include objectives, measurements, targets, responsibility,
time-scales, review, etc. It also helps the leader to develop certain skills needed to solve
out the problems in the future.
Long-Term Development
Source: learn.com
In my opinion, Balanced Scorecard help to develop leadership skills adopted from short-
term stage and advanced these skills in a long-term stage which is more complex and
higher competition in business sustainability.
Bibliography
1. Kliksberg B. (2006). New Economical, Political and Social Trends in Latin America,
and the Demands for Participation. Available at:
http://unpan1.un.org/intradoc/groups/public/documents/UNPAN/UNPAN022969.pdf.
(Accessed 27 October 2010)
4. Itaú Unibanco Macro Research. (2010). Brazil: Economic Trends. Available at:
http://www.itauconference.com/downloads/Itau2010_Brazil_Economic_Trends.pdf.
(Accessed 27 October 2010)
8. Learn.com. (2010). The Balanced Scorecard Application for the Learn.com Platform.
Available at: http://www.learn.com/learncenter.asp?id=178441&page=16. (Accessed
28 October 2010)