In this webinar we discuss five best practices from Fortune 500 companies that have successfully met the challenges faced by today's leaders and offer you tools for implementing leadership development initiatives in your organization.
What you'll learn:
- Importance of Leadership Development
Best Practices including:
- Strong executive involvement
- Use of tailored leadership competencies
- Alignment with the business strategy
- A “leaders at all levels” approach
www.bizlibrary.com/webinars
4. POLL QUESTION
We have re-evaluated
leadership
competencies for our
organization in the past
6 – 12 months.
A. True
B. False
5. What you’ll
learn:
• Why leadership
development is
important
• Challenges faced
by today’s leaders
• Leadership
development best
practices
6. The number of people aged 65
and older will double between
2010 and 2050.
By 2020, 25% of the
workforce will be older
adults aged 55 and up.
More than 50% will be
Millennials.
U.S. Bureau of Labor Statistics
7. 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.
Rebecca Ray, Employee Engagement in a VUCA World
(research report), New York: The Conference Board, 2011.
8. Challenges Faced By Our Leaders
External
Internal
What do you need your
leaders to do to be successful?
BIZLIBRARY.COM
9. LEADERSHIP THEORIES:
1. Great Man Theories
2. Group Theories
3. Trait Theories
4. Behavioral Theories
5. Contingency/
Situational
6. Excellence Theories
7. Transactional and
Transformational
THE SOCIAL LEADER?
11. LEADERSHIP DEVELOPMENT BEST
PRACTICES
Leadership
Strong executive involvement
Development
Best Practices
Tailored leadership competencies
Alignment with business strategy
Target multiple levels of leadership
Learn by doing
BIZLIBRARY.COM
12. Executive Involvement
Make a clear
connection
between improving
your leadership’s
performance and
improving bottom
line results.
13. Impact on Business
•
•
•
Financial Results
Key Employee
Retention*
Improve
Organizational IQ
* The American
Management Association
estimates that the direct
cost of losing a key
employee is between one
year and 18 months’
salary.
15. Leadership Competencies
• Focus on development
of people
• Look to the future
• Maximize potential
• Focus on growth &
education
• Challenge the status
quo
• PERFORMANCE!!!!!
16. Training focuses on best
practices, while development
focuses on next practices.
The #1 Reason Leadership Development Fails
Mike Myatt, Forbes
20. EXECUTIVE LEVEL
Higher level leadership skills
such as motivation, strategy
and innovation
Peer to peer collaboration
Highly focused development
plans and executive
coaching
22. Major Managerial Skills Gaps
1. Coaching
2. Performance appraisals
3. Developing others
4. Managing change
5. Communications
6. Business acumen
Mid-Level
Leaders
Bersin by Deloitte , Current Capabilities by Role, December 2011
BIZLIBRARY.COM
23. MID-LEVEL
Blended learning supported
by performance support
resources
Learning resources targeted
to their role of managing
other managers
Job rotation and stretch
assignments for growth
Feedback and mentoring
24. FRONTLINE
Leadership fundamentals,
business acumen and
communication skills
Hands-on direction,
mentoring and training
opportunities
Engaging, self-paced,
technology-based learning
solutions
Learning at the time of need
and performance support
26. LEADERSHIP DEVELOPMENT BEST
PRACTICES
Leadership
Strong executive involvement
Development
Best Practices
Tailored leadership competencies
Alignment with business strategy
Target multiple levels of leadership
Learn by doing
BIZLIBRARY.COM
27. Excellence in Leadership Program
When leaders understand the big
picture, we are able to work together
more efficiently and produce the best
collection of products and systems
for our customers.
Kristen Nazario, HR Director,
Bally Technologies
BIZLIBRARY.COM
28. Excellence in Leadership Program
Corporate Commitment
Customer Focus
Goal Attainment
Intellect
Leadership
Operational Issues
Personal Interaction
Self-Focus
Values
Gaming 101
Bally Product
BIZLIBRARY.COM
29. Excellence in Leadership Program
“Our Leadership Development Program has contributed to
better collaboration and synergy among departments – we
are a global company that develops, manufactures, and
services numerous systems and products, when leaders
understand the big picture, we are able to work together
more efficiently and produce the best collection of products
and systems for our customers.”
Kristen Nazario, HR Director, Bally Technologies
BIZLIBRARY.COM
30. In a world of learning and development where
complexity is the enemy, BizLibrary has developed a
simple and nimble approach to delivering high
quality learning, anywhere, anytime.
MICHAEL ROCHELLE
Chief Strategy Officer
Brandon-Hall Group
BIZLIBRARY.COM
31. LEADERSHIP LESSON VIDEOS
2-5 minutes long
CEOs, business authors and experts share an action-
oriented key takeaway on very specific topics.
Global business leaders share lessons learned.
BIZLIBRARY.COM
32. Free trial of the BizLibrary Collection
or Demo of Technology Solutions
4,000+ Courses. 25 Topic Areas. Unlimited Access.
BIZLIBRARY.COM