Development of Future Leaders: A case study on the Bank of Thailand (BOT)

Authors

Adisak Chandprapalert
Suda Suwannapirom

DOI

10.58809/JFGJ3644

Abstract

In the chaotic, volatile and complex business environment at the present time, an organization must be able to learn from and adapt to changes in order to enhance competitive advantage. As a result, leaders who make strategic decisions must adopt a new mind-set as new realities emerge and encourage strategic flexibility across and within their organizations (Hitt, Ireland, & Hoskisson, 2005). There are two significant factors to be strategically flexible on a continuing basis including leaders must develop an organization vision with a corresponding strategic plan and have the ability to manage changes (Zaccaro & Banks, 2004). Vision and leadership are the requisite for organization’s success and survival (Fechter & Horowitz, 1991; Nanus 1992).

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This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.

Rights

© The Author(s)

Comments

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Recommended Citation

Chandprapalert, Adisak and Suwannapirom, Suda (2008) "Development of Future Leaders: A case study on the Bank of Thailand (BOT)," Academic Leadership: The Online Journal: Vol. 6: Iss. 1, Article 9.
DOI: 10.58809/JFGJ3644
Available at: https://scholars.fhsu.edu/alj/vol6/iss1/9