Do you ever watch a movie or a tv show and notice the similarities between the fictional company or organization and your own place of work? Take the 1999 film Office Space for example. Just because you have Hawaiian Shirt Fridays doesn’t mean your teams are going to be productive and efficient leaders in their own space. Employees need opportunities for growth and development to thrive in what they do. That’s where leadership development comes in:
Traditional leadership models typically refer to the top-down leadership approach. Most traditional programs focus leadership development opportunities on improving the skills of executives and managers. The key message they miss is that their entire organization also needs these skills to succeed. This explains why 77% of organizations say they are experiencing a leadership gap.
Performance management. Two words that, when thrust together, mean the development and management of an employee’s productivity, efficiency and overall output capability. But what does this really mean for your organization?
Leadership is not just for those with a corner office or an MBA hanging on the wall. Leadership is not just for those with the title “Chief” or “Vice President.” The reality is that leadership happens in different contexts, including in the self-context, and at every level of an organization.
We all love new things, right? Picture that special smell of a freshly opened can of tennis balls or brand-new leather jacket. That thick, robust aroma that lets you know the product is fresh off the press. It’s like that “new car smell” that’s crisp, pristine and mint. It’s like shopping for a new pair of shoes or a new tablet. The old version you own is worn-down, overworked or over-used and obsolete, so replacing it with a new version brings a level of excitement and anticipation.
Implementing learning and development software is a step towards improving your organization’s overall talent. Why? Because it’s an investment in the individual skills and leadership abilities of your employees. Some of the benefits new learning and development software include:
Performance Management strategies are essential for any company. However, the traditional routes taken by business and organizations are dated and ineffective. These aged methods usually include an annual performance review which offers no constructive feedback or opportunities to improve until those are addressed.
One of the most common factors for young talent leaving their company is the lack of development in their professional skills. These skills are often neglected, leaving your employees frustrated and searching for their next opportunity. In fact, 22% of those who left their jobs attributed their resignation to a lack of development. Creating a leadership development plan is essential for the future of your company.
There is more than one way to create a culture that employees and clients crave. The office perks, extreme benefits and company outings come to mind first, but building a culture that lasts needs to be more than external.
Executives at your organization will inevitably leave your company at some point in time, whether through traditional attrition, retirement or simply to change places within your company. The question is, do you have a plan to replace them? Do you know how important succession plans are?