the cure for ineffective leadership training
DESCRIPTION
Traditional leadership training programs are outdated and ineffective for senior leaders. We've all seen them - a two or three-day retreat offsite; a witty presenter armed with funny video clips, and the nice shiny binder of slick materials (don't forget the binder!). But when participants come back to a blinking light of dozens of voice mails, hundreds of unread emails, and missed deadlines - the great ideas they may have considered last week get buried under the pile. The binder takes its place on the shelf alongside so many others. Further compounding the problem is the fact that the average adult learner has a difficult time retaining and applying information delivered in a traditional, 'one-to-many' type of format. If the learning is not applied - it will be lost. These training programs often include "leadership lessons" from sports, or ancient cultures, or worse - case studies. Participants may be entertained, but walk away wondering how to really apply any of those lessons on a daily basis. These programs are simply not rooted in reality. Finally, many executives don't feel like they "need" development. After all, if they weren't great leaders, how did they manage to rise to this level of their organization? "Leadership training is for the next generation!" they say. When leaders have no buy-in, no say in the process that is their own development, it's no wonder that they're not enthusiastic about spending time away from the job. Luckily, there's a new approach. A leadership development program that isn't time away from the business, but instead time working ON the business. A program that isn't theoretical, but tackles real daily challenges that leaders face. A program that doesn't ignore other parts of the business, but instead includes all functions for broader perspectives. A program that develops the individual (through executive coaching), while simultaneously increasing the capability of the team. A process that helps identify the root cause of problems, rather than misdiagnosing the symptoms. An experiential, iterative program that evolves with its participants. A program that infuses external thought leaders with an experienced, impartial facilitator who is the common thread throughout. A program that strengthens relationships, improves collaboration, breaks down silos, establishes a common language, increases daily execution, improves communication, and above all - helps participants hold each other accountable for the learning. Oh yeah, and no binders. Just real, honest, open discussions that change behaviors. And finally, a leadership development program that executives are excited to attend because it really engages them - and increases their sense of ownership in their own development and ownership in the future of the business. Sound too good to be true? It's happening every day in companies around the U.S. www.vistage.com/insideTRANSCRIPT
For internal use only. ©Vistage International. All rights reserved 1
2For internal use only. ©Vistage International. All rights reserved
Top Three Challenges Business Leaders Face
2 31
Human Capital
Operational Excellence
Innovation
Source: Conference Board (2013)
3For internal use only. ©Vistage International. All rights reserved
Only 7% of companies surveyed have a strategic talent management program.
Growing Revenue& Profits
Lowerturnover rate
Higher levelsof employee engagement
2x 40% 38%Those that do enjoy…
Source: Forbes.com; “A Microsoft Turnaround in the Making: Ballmer Gets Religion” published Jan 22, 2012
93%
7%
4For internal use only. ©Vistage International. All rights reserved
The New RealityFew organizations have talent development programs in place.
Even fewer are satisfied with those efforts.
Those with the highest satisfaction are using peerbased development methodsand mentoring / coaching.
Source: “Driving Performance and Business Results with Collaborative Executive Development” Human Capital Institute, 2011.
5For internal use only. ©Vistage International. All rights reserved
How are you developing your executives to take your business to the next level?
How well is your leadership team aligned to your strategic initiatives?
What are your key organizational objectives?
6For internal use only. ©Vistage International. All rights reserved
What If You Could… Develop your leaders
Increase engagement
Gain alignment & inspire collaborationIn one comprehensive, configurable,and iterative program?
7For internal use only. ©Vistage International. All rights reserved
You CAN with
8For internal use only. ©Vistage International. All rights reserved
GROUP MEETINGSFull day executive sessions, facilitated by your Vistage Chair increase communication, collaborationand alignment.
9For internal use only. ©Vistage International. All rights reserved
EXPERT SPEAKER WORKSHOPSVistage expert speakers provide outside perspective and immediately actionable takeaways on specific topic areas
10For internal use only. ©Vistage International. All rights reserved
ONE-ON-ONECOACHINGIndividual coaching sessions with your Vistage Chair ensure application of learning and accountability for action
11For internal use only. ©Vistage International. All rights reserved
ONLINE CONTENT & CONNECTIVITYMy Vistage provides a confidential online forum for collaborating between meetings, and connects members to the greater Vistage community and digital resources.
12For internal use only. ©Vistage International. All rights reserved
Highly experienced, carefully selected, and meticulously trained, Vistage Chairs are former senior executives and CEOs who will push your team to perform at its best and achieve breakthrough results.
YOUR VISTAGECHAIR
13For internal use only. ©Vistage International. All rights reserved
Sample Program Configuration
10 Executive Sessions6 Expert Speaker Workshops
Quarterly on-to-one coaching (90 minutes per member, per quarter)
Month 1 Emotional Intelligence Month 7 Transformational Leadership
Month 2 Full day executive session Month 8 Full day executive session
Month 3 Team Communication &Presentation Skills Month 9 Team Alignment
Month 4 Full day executive session Month 10 Full day executive session
Month 5 Building an IntentionalCorporate Culture Month 11 Strategic Execution
Month 6 Mid-program assessment Month 12 Year-in-review / Plan for year two
14For internal use only. ©Vistage International. All rights reserved
RESULTSDevelop deeper personal andprofessional commitment
Establish a common language
Teams will improve communicationand collaboration
Leaders learn to hold each otheraccountable for results
Achieve higher levels of performance
Engagement
Alignment
Relationships
Accountability
Execution
15For internal use only. ©Vistage International. All rights reserved
“Vistage Inside provides a balanced scorecard of executive development…Vistage Inside brings what you can’t get in any other type of leadership development program. It’s this development of the leader as a ‘total person’ that is Vistage Inside’s unique differentiator.”
Margaret H. FroggeSenior VP for Corporate Strategy
Riverside HealthCare
“One of the challenges of traditional leadership training programs is that there isn’t a lot of accountability to apply what you’ve learned… Everything about the Vistage Inside program is geared towards applied learning.”
Tim KnezevichVice President, Global Talent Management
Equifax, Inc
16For internal use only. ©Vistage International. All rights reserved
More than 17,000 executive leaders can’t be wrong.With more than 17,000 members in 15 countries,
Vistage delivers the vital perspectives chief executives need to test ideas, overcome obstacles, and seize opportunities. Our members achieve lasting results because Vistage works.
17For internal use only. ©Vistage International. All rights reserved
John RuzickaManager, Senior Executive [email protected]
Learn more at www.vistage.com/inside