4 reasons leadership development fails
TRANSCRIPT
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REASONS LEADERSHIPDEVELOPMENT FAILS
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Presented by
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As an organization, it’s important to find ways to develop and grow your employees into leaders. This not only helps with their motivation and engagement, but it also helps create a strong collaborative culture of great work.
But what’s the best way to develop your future leaders? And how do you ensure you’re investing resources in the right areas?
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In 2014, corporations in the United States spent over $70 billion dollars on training and development. More was spent on management and leadership development than anything else, over 35%.
SOURCE
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In designing a best-in-class leadership development program it helps to first identify common missteps. This will give you a better sense of what to focus on.
4 LEADERSHIP DEVELOPMENT MISTAKES TO AVOID:
FOCUS ON TRAINING AND NOT DEVELOPING
MAKE IT A ONE TIME EVENT
PROMOTE OPPORTUNITIES TO A SELECT FEW
INVEST IN THE WRONG PEOPLE
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Great leaders learn from experience, mentorship, and coaching. Great leadership programs focus on supporting a leader’s success with e�ective onboarding, tools, and ongoing check-ins and coaching. Make sure you’re not simply training on skill set and product knowledge but rather helping develop employees to go to the next level.
1. FOCUS ON TRAINING AND NOT DEVELOPING
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Training is often one directional, one dimensional,
one size fits all, authoritarian process that imposes
static, outdated information on people. The majority
of training takes place within a monologue
(lecture/presentation) rather than a dialog. Perhaps
worst of all, training usually occurs within a vacuum
driven by past experiences, not by future needs.
SOURCE
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Leadership development should be a continuous process. Companies should take the time to develop plans to integrate leadership development into everyday tasks and find ways to create sustainable and engaging learning experiences over time.
2. MAKE IT A ONE TIME EVENT
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Consider implementing a mentorship program to better integrate leadership development daily. It’s great one-on-one time and helps employees in a supportive environment.
[A mentorship program] is a wonderful way to discover and empower new leaders as the mentoring atmosphere allows those with leadership potential to practice their skills and to rise to the top.
—Cheryl Snapp Conner
SOURCE
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Organizations that promote a high trust, transparent environment are better suited to help employees develop leadership skills. Make sure your culture is receptive and encouraging of leadership development. Managers and peers should be educated to embrace development opportunities.
3. PROMOTE OPPORTUNITIES TO A SELECT FEW
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Our capacity to take risks, ask for help or assume
leadership is limited by the thinnest connection we
have with a member of our team. A team is only as
strong as its weakest link. The weakest link is not a
person; it’s the most restricted conduit through which
information, influence and knowledge can flow.
SOURCE
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Leadership isn’t for everyone. As you work with current leaders and managers to identify future leaders in your organization, make sure the people chosen for your leadership development track are passionate about your organizational purpose and want to develop leadership skills.
4. INVEST IN THE WRONG PEOPLE
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Major corporations spend an average of $3 million
every year on leadership and development programs
for high-potential employees, but 55% of these employees
will turn over in a five-year period, resulting in wasted
dollars and an insu�cient leadership bench.
By mentoring and targeting those who want to lead,
organizations can minimize turnover and strengthen
future leaders.
SOURCE
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By avoiding these missteps, organizations will be ready to create e�ective leadership programs that support growth and development.
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O.C. TANNER AND THE O.C. TANNER INSTITUTE
O.C. Tanner, number 40 on the 2015 FORTUNE 100 Best Companies
to Work For® list, helps organizations create great work environments
by inspiring and appreciating great work. Thousands of clients
globally use the company’s cloud-based technology, tools, awards,
and education services to engage talent, increase performance,
drive goals, and create experiences that fuel the human spirit. Learn
more at octanner.com.
The O.C. Tanner Institute regularly commissions research and provides
a global forum for exchanging ideas about recognition, engagement,
leadership, culture, human values, and sound business principles.
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