Empirical Research
Development of Future Leaders: A case study on the Bank of Thailand (BOT)
Reviewed By Dr. Adisak Chandprapalert and Dr. Suda Suwannapirom
Volume 6 - Issue 1
Jan 9, 2008 - 10:27:59 AM

This experimental research study explored visionary leadership in practice by focusing on the construction of organizational vision and the ability to manage the change that principals exploit to foster the competitive advantage of leader capabilities’ enhancement before implementing future leader developmental framework. The new leadership development methodology, assessment, and development were predominantly utilized in this study. Five crucial aspects of visionary leadership consist of leadership personality, strategic management, innovation and change management, problem solving and decision making, and organization diagnosis which have been focused and developed throughout the changing process. In the early stage, twenty-six top management director level of Bank of Thailand (BOT) were surveyed and interviewed. Leadership Competencies Assessment and Extended DISC Assessment were used to identify gaps between current competency levels and desired stages of the participants in the project. Later on, the distinct communicative session and intellectual bonding were used to create self awareness & significance of the development project. The research findings show and provide the practical guidelines and strategic insights to promote future leader, succession planning, talent management, and future leadership development roadmap for BOT top executives.