leadership development
TRANSCRIPT
DEVELOPING YOUR PLAN TO PREPARE
FOR THE LEADERSHIP
NEEDS OF TOMORROW, TODAY.
The Leadership Development Group
Value and Importance of a Leadership Development Program
Leadership Development can be a competitive advantage for successful organizations
Provide successors and build a culture of supporting personal development and
growth more committed employees
Each Leadership Development
program is as unique as the
business forming it
Why is it necessary to have a LDP?
Less than half of the organizations in a research survey actually had a formal method of developing leaders
CEO turnover rates are increasing
The Talent Gap There are 76 million baby boomers in the workplace, many in
leadership roles and eligible to retire in the next 5 years There are only 40 million Gen X’ers in the workplace today Is your organization ready for the pending gap?
Research and Best Practices
Leader development (self-awareness, self-regulation, and self-motivation) needs to work with Leadership development (growing social capital)
Programs need to include a 360 feedback tool for participants
Coaching, action learning
Key Areas for a Successful Program
Conduct thorough needs assessmentSelect a suitable audience (the learners)Ensure appropriate support infrastructureDesign a learning systemDesign an evaluation systemCreate actions to improve the program over timeComplete the Checklist exercise
Conduct a thorough needs assessment
Current leadership team should discuss…What is the need for leadership development at
your organization?What leadership traits does your organization
value in successful leaders? Complete the Leadership sort exercise
What are your talent gaps? Complete the Organizational Chart exercise
Conduct a thorough needs assessment
Current leadership team should discuss…What is the need for leadership development at
your organization?What leadership traits does your organization
value in successful leaders? Complete the Leadership sort exercise
What are your talent gaps? Complete the Organizational Chart exercise
Select a suitable audience
Identify your high-potentialsDo they know their status?Are you adequately rewarding them to keep them
engaged and with your organization?
Ensure appropriate support infrastructure
Starts with support from the CEOAccountability for developing leaders should reside
at all levels of the organization
Design a learning system
Classroom and activity learningJob shadowingChallenging projectsMentoring360 feedbackNetworkingAll tailored for the needs of your organization
Design an evaluation system
Has the program allowed you to fill key leadership roles from within?
Do you have greater commitment to strategic direction?
Do you have more teamwork and collaboration?
Create actions to improve the program over time
Make continuous improvements over time based on feedback from participants and leaders
Changes in the organization’s vision and strategy should be reflected in the program
Commonalities of successful programs
Executive buy-in and support
Clear ties to business needs
and strategic alignment
Creation of prestige around
the program
Closing
Are you ready for the challenge of committing to leadership development?