By Jessica Merrill
Laying a foundation for your organization by developing solid leaders is always worth the investment. But why is it that only 10% of CEOs believe that their leadership development initiatives have a clear business impact?
It’s because there is no such thing as a one-size-fits-all leadership program. Every company is different. Every leader is different. Every team needs something different. But one thing is always true: effective leadership is vital for an organization’s success, and to get the most out of any leadership development program, it must be tailored to a company’s specific needs.
When trying to identify the leadership training that would be the most beneficial, a company should look at a program that meets its specific needs. The program should align with the strategic objectives of your organization. It should also be reinforced by managers and senior leaders in order to make long-term change.
So how do you determine who receives the training? Well, it’s simple – identify any employee who has a strong desire to grow their leadership skills and/or who are relatively new in their leadership roles.
Often, high performers are promoted to the next level of their careers and are left to figure out managerial skills for themselves. Once you’ve identified the prime candidates for leadership training, continue to invest in their success. Improving leadership abilities at any management level will increase employee engagement, profitability and customer satisfaction.
Most leadership development programs miss out on key features that would help employees retain their lessons and integrate them into their everyday work life. That’s why KWI has developed a resource to outline what most companies get wrong about leadership development and how a tailored approach to management training can make all the difference.
Interested in learning more? Contact us to discuss your organization’s leadership needs and our approach.