best practices for developing your emerging leaders

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Page 1: Best Practices for Developing Your Emerging Leaders
Page 2: Best Practices for Developing Your Emerging Leaders

What are the primary of

objectives of your leadership

development program?

Page 3: Best Practices for Developing Your Emerging Leaders

We have re-evaluated

leadership competencies for

our organization in the past 6 –

12 months.

Page 4: Best Practices for Developing Your Emerging Leaders
Page 5: Best Practices for Developing Your Emerging Leaders

“[T]he most successful

strategies are those that

make learning a

continuous process,

hardwired into a

company's metabolism.“

Meghan Biro, The New

Rules of Leadership

Page 6: Best Practices for Developing Your Emerging Leaders

Strong

Executive

Involvement

Tailored

Leadership

Competencies

Alignment with

Business

Strategy

Target Multiple

Levels of

Leadership

Learn By Doing

and

Application

5 Ways to Unlock the Hidden Value in Your Emerging Leaders

Page 7: Best Practices for Developing Your Emerging Leaders

Building Teams Own Personal

Development

Clearly Connect

Performance and Bottom

Line Results

1. Executive Involvement

Page 8: Best Practices for Developing Your Emerging Leaders

Financial Results

Key Employee Retention

Improve Organizational IQ

Business Impact

Page 9: Best Practices for Developing Your Emerging Leaders

86%

see leadership shortfalls

as a top-3 issue

Leadership capabilities

in 2015 are no higher

than in 2014 despite

the fact that this was

the #1 issue in 2014.

Leadership spending

increased by 14% in

2014 with no real impact

or results.SOURCE: Bersin by Deloitte: Global Human

Capital Trends 2015

Page 10: Best Practices for Developing Your Emerging Leaders

360MILLION

WORKERS WILL RETIRE FROM THE

GLOBAL LABOR FORCE BY 2030

Page 11: Best Practices for Developing Your Emerging Leaders

Up to 40 to 50% of imported executives

fail within the first 18 months – internal

development is key to success!

SOURCE: McKinsey Global Institute

Page 12: Best Practices for Developing Your Emerging Leaders

Knowledge transfer might be the single best reason to

improve your leadership development program . . . now.

33%

by

2016Of the workforce will be over the age

of 50. Up from 27% in 2007

SOURCE: U.S. Census Bureau

48%

Of companies have no intention to do any

strategic planning about how retirement

affects their business!

SOURCE: AARP Poll

Experience,

knowledge, and skills!

Page 13: Best Practices for Developing Your Emerging Leaders

Employee Retention

Customer Satisfaction

Employee Productivity

SOURCE: Making the Business Case for Leadership

Development, The Ken Blanchard Companies, 2011.

Poor Leadership Practices

Negatively Impact

Page 14: Best Practices for Developing Your Emerging Leaders

Employee Retention

As much as 32% of an organization’s

voluntary turnover can be avoided through

better leadership skills.

SOURCE: Making the Business Case for Leadership

Development, The Ken Blanchard Companies, 2011.

Poor Leadership Practices

Negatively Impact

Page 15: Best Practices for Developing Your Emerging Leaders

Customer Satisfaction

Better leadership can generate 3-4%

improvement in customer satisfaction

scores…corresponding to 1.5% increase in

revenue growth.

SOURCE: Making the Business Case for Leadership

Development, The Ken Blanchard Companies, 2011.

Poor Leadership Practices

Negatively Impact

Page 16: Best Practices for Developing Your Emerging Leaders

Employee Productivity

Better leadership practices could eliminate

5-10% of productivity drag.

SOURCE: Making the Business Case for Leadership

Development, The Ken Blanchard Companies, 2011.

Poor Leadership Practices

Negatively Impact

Page 17: Best Practices for Developing Your Emerging Leaders

Focus on

people

development

and growth

Look to the

future and

strengths

Maximize

potential

Challenge the

status quo

2. Tailored Leadership Competencies

Page 18: Best Practices for Developing Your Emerging Leaders

Great Man

Theories

Leaders are born,

not made

Group Theories

Leadership emerges

in small group

settings

Trait Theories

Universal leadership

traits that can be

taught and learned

Behavioral

Theories

Behavior patterns

that results in

leadership success

Leadership Models For Development

Page 19: Best Practices for Developing Your Emerging Leaders

Contingency

Theories

Leadership

behaviors in specific

situations

Excellence

Theories

Traits, behaviors,

and situations allow

people to lead

Transactional /

Transformational

Theories

Behaviors in specific

situations

Social / Connected

Theories

Leadership Models For Development

Page 20: Best Practices for Developing Your Emerging Leaders

SOURCE: futureworkplace.com

• Inclusive decision making

• Genuine solicitation of feedbackCollaborative Mind-set

• Mentors and coaches team

• Provides straight feedbackDeveloper of People

• Use technology to connect customers and employeesDigitally Confident

• Has a diverse mind-set

• Prioritizes social responsibilityGlobal Citizen

• Builds accountability across levels

• Champions innovation

Anticipants and Builds

for the Future

Leadership 2020 Model

Page 21: Best Practices for Developing Your Emerging Leaders

Learning Agility Defined:

The willingness and ability to learn from

experience and the ability to apply what

you’ve learned for effective performance in

new or unfamiliar conditions.

Page 22: Best Practices for Developing Your Emerging Leaders

People who are learning agile: Seek out experiences to learn from; enjoy

complex problems and challenges associated with new experiences because

they have an interest in making sense of them; perform better because they

incorporate new skills into their repertoire.

A person who is learning agile has more lessons,

more tools, and more solutions to draw on when

faced with new business challenges.”

Source: Victoria Swisher, Becoming an Agile Leader

Page 23: Best Practices for Developing Your Emerging Leaders

Self-AwarenessSelf-

Management

Social

Awareness

Relationship

Management

Emotional intelligence is the foundational skill set.

Page 24: Best Practices for Developing Your Emerging Leaders

Source: Daniel Goleman, What Makes a Leader, Harvard Business Review

Page 25: Best Practices for Developing Your Emerging Leaders

3. Align with Business Strategy

Identify

successors for

critical roles

Enhancing

effectiveness of

current leaders

Accelerate the

development of

high potentials

Develop

leadership bench

strength

Influence or

change company

culture

Increase

employee

engagement and

productivity

Page 26: Best Practices for Developing Your Emerging Leaders

VISION:

Where are we going and why?

STRATEGY:

How will we get there?

RESOURCES:

What’s available and needed?

Leadership in Your Organization

Page 27: Best Practices for Developing Your Emerging Leaders

What do you need your leaders to do to be successful?

Uncertainty Changing DemographicsNeed for Speed

Key Challenges Faced By Our Leaders

Page 28: Best Practices for Developing Your Emerging Leaders

V U C AVOLATILITY UNCERTAINTY COMPLEXITY AMIBIGUITY

Page 29: Best Practices for Developing Your Emerging Leaders

With each generation entering the workplace, a greater emphasis is placed on

continual development as these new employees know that they are unlikely to stay

more than a few years;

…It’s about what they can develop and acquire to take to the

next stop in the career journey.

We know that effective leaders are one of the most important influences on levels of

engagement.

Source: Rebecca Ray, Employee Engagement in a VUCA World

Page 30: Best Practices for Developing Your Emerging Leaders

4. Target Multiple Levels

Supervisory and Team Lead

High Potential Employees

Managing

New Managers And Newly Promoted

Advanced Leadership

Mid And Senior Level Managers

Technical And Professional

Executive Development

Senior Directors And Vice Presidents

Page 31: Best Practices for Developing Your Emerging Leaders

Developing Learning Plans at

Different Levels

Supervisory and

Team Lead

• Changing roles and

communication

• What is leadership

• Working with peers

• Delegation

• Establishing

credibility

New Managers

• The management /

leadership mix

• Working with peers

• Developing others

• Emotional

intelligence

Mid-Level

Managers

• Learning resources

targeted to their

role of managing

other managers

• Job rotation and

stretch assignments

for growth

• Feedback and

mentoring

Technical and

Professional

Leaders

• Leadership

fundamentals,

business acumen

and

communication

skills

• Learning at the

time of need and

on-demand

Executives and

Senior

Leadership

• Higher level

leadership skills –

motivation, strategy

and innovation

• Peer to peer

collaboration

• Highly focused

development plans

and executive

coaching

Page 32: Best Practices for Developing Your Emerging Leaders

5. Learn By Doing

Rotational

AssignmentsAction Learning

Task Force or

Project TeamMentoring

Page 33: Best Practices for Developing Your Emerging Leaders

Developing Relationships

Formal Training

Receiving Feedback

Self-Awareness

On-the-Job Experiences

Learning How to Learn

Page 34: Best Practices for Developing Your Emerging Leaders

Strong

Executive

Involvement

Tailored

Leadership

Competencies

Alignment with

Business

Strategy

Target Multiple

Levels of

Leadership

Learn By Doing

and

Application

5 Ways to Unlock the Hidden Value in Your Emerging Leaders

Page 35: Best Practices for Developing Your Emerging Leaders

Video Lesson Series: Developing Supervisor Fundamentals

12 Part Short Video Series

1. Congratulations, You're a Supervisor!

2. How Good Do You Want to Be?

3. Personal Traits for Success

4. Establish Credibility to Lead

5. Going From Buddy to Boss

6. Your First Team Meeting

7. Research Your New Team

8. Get Team Feedback from Others

9. Interview Your Team

10. Observe Your Team in Action

11. Develop a Team Strategic Plan

12. Mistakes to Avoid

Page 36: Best Practices for Developing Your Emerging Leaders

Video Lesson Series: Emerging Leaders

9 Part Short Video Series

• How to prepare for a leadership role, both

physically and mentally

• How leaders can interact effectively with the

people they’re leading

• How to approach leadership with an

intelligent, forward-thinking outlook that will

simultaneously return excellent results and

inspire others

Page 37: Best Practices for Developing Your Emerging Leaders

Using Effectance to Better Motivate

Yourself and Others

Live Event: Tuesday, May 3rd

1:00PM Central/2:00PM Eastern

Join us for future webinars!

www.bizlibrary.com/webinars

For Upcoming and On-Demand Webinars

Best Practices for Developing Your

Emerging Leaders

Live Event: Wednesday, April 27th

1:00PM Central/2:00PM Eastern