Leadership development

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Leadership development

  1. 1. The Leadership Development Group DEVELOPING YOUR PLAN TO PREPARE FOR THE LEADERSHIP NEEDS OF TOMORROW, TODAY.
  2. 2. 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
  3. 3. 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?
  4. 4. 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
  5. 5. Key Areas for a Successful Program Conduct thorough needs assessment Select a suitable audience (the learners) Ensure appropriate support infrastructure Design a learning system Design an evaluation system Create actions to improve the program over time Complete the Checklist exercise
  6. 6. 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
  7. 7. 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
  8. 8. Select a suitable audience Identify your high-potentials Do they know their status? Are you adequately rewarding them to keep them engaged and with your organization?
  9. 9. Ensure appropriate support infrastructure Starts with support from the CEO Accountability for developing leaders should reside at all levels of the organization
  10. 10. Design a learning system Classroom and activity learning Job shadowing Challenging projects Mentoring 360 feedback Networking All tailored for the needs of your organization
  11. 11. 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?
  12. 12. 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
  13. 13. Commonalities of successful programs Executive buy-in and support Clear ties to business needs and strategic alignment Creation of prestige around the program
  14. 14. Closing Are you ready for the challenge ofcommitting to leadership development?

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