Building a Healthy Leadership Development Strategy

What if an organization follows a leadership strategy to hire new talent and leave them alone? Several companies adopt this model and get surprising outcomes. As per the study, 50 to 60 percent of executives fail within the first 18 months of taking a new role. What if an organization provides a training curriculum on leadership training and enrollment management available through online or classroom sessions? This seems to be perfect. But organizations with loosely guided leadership development programs end up having leaders who lack the confidence to make typical decisions, take risks, or inspire their people to work together and better. But this is NOT the ultimate goal.

Leadership development is most impactful when organizations deliver a thoughtful blend of formal and informal development choices well incorporated into the organizational culture and supported by senior leaders. This is a lot to achieve with a single program. By developing healthy leadership development programs, organizations prepare their leaders for future projects and assignments, thereby taking everyone to move forward and attain success.

Most organizations realize they have some tasks and goals to accomplish if they have the right leadership moving in the right direction and at the right time. But this might be a tedious task! They understand the need to analyze the leadership development approach's impact, ensuring all the leaders follow the same trajectories to achieve the desired results.

Organizations can start with an outstanding leadership study and an effective program review. This can help determine the impact of exiting leadership development programs and evaluate where leaders need help in the right direction. Once the organization clearly understands what they already have, the next step is to identify the business need. An efficient leadership competency appraisal can help evaluate the leadership skills and expertise needed to adapt to the changing business environment. To ensure that everyone is going in the right direction, organizations may ask different questions. "Are you preparing your teams to become great leaders who do their job just right?” or “How do the findings help track and measure results of the business strategy?”

As per the Leadership Development Expert John Kotter, "the single most significant way to impact an organization is to focus on leadership development. There is no limit to an organization's potential that recruits talent, raises them as great leaders, and continuously develops them.

A competency assessment that measures the alignment between business strategy and leadership readiness helps build a healthy leadership development plan to ensure sustainable growth and better results.

If organizations poll their HR department, do you think there could be 1 out of 5 employees who believe that their organization’s leadership development program is healthy and effective? Or would they be amongst the group whose leadership pipeline lacks enough courage, competency, confidence, and skills to lead and encourage their teams?

Are you looking to build a healthy leadership development strategy for your organization? Get in touch with us today, and we will help improve your overall business strategy that leads to improved results and a more skilled workforce.

Today, almost every organization is facing technological disruption and therefore, it is essential for the leadership to hold the capability of adapting to the changing work routines. Leadership development has now completely transformed into a more collaborative strategy that drives innovation, encourages teamwork, and fosters productivity.

Watch the video ‘Great Leadership | The ONE Thing’ and understand how great leaders coming from different backgrounds and cultures inspire teams to work together and contribute towards taking the company forward.

#Leadership Development, Leadership Development Program, Leadership Team Development, Benefits of Leadership Development Training