With 10,000 Baby Boomers retiring each day, your organization will soon be, or may already be, hiring for leadership positions. Filling these positions can seem like a daunting task if you’re not properly prepared as an organization. Hiring from your internal candidate pool can be a cost-effective and advantageous strategy when done correctly.
Leadership development programs are often overlooked and underfunded, leaving potentially great future leaders without the training or mentorship they need for a smooth transition to leadership roles.
Many believe that a great leader is simply a person who has the ability to command a room and the charisma to influence others to rally around their message. But, those are not necessarily the attributes of a great leader. Behavioral science reveals great leadership is much more than just good speaking skills and charm. In today’s workforce, good leadership is characterized by a person’s ability to effectively connect and collaborate with people throughout various contexts of the organization. While the practice of connecting with people is not something that is natural for everyone, the ability to effectively collaborate with others is widely recognized as a critical business skill.
Few would argue the importance of strong company culture. In fact, 94% of executives believe a distinct workplace culture is vital to a business’ success. Yet, only 12% of executives believe their companies have the right culture. Why the disconnect?
Your company culture is a set of shared values and goals that unite every employee, regardless of background or department. Company culture is the personality and heartbeat of an organization. It's what sets a company apart from its competitors and ties its employees together. Your culture could also be your biggest liability if it doesn’t enhance your organizational growth. A commitment to cultivate company culture doesn’t just make your company look like a fun place to work; it also makes for a more engaged, productive, and committed employee.
Leaders are always seeking new insights into the art and science of influencing others toward a common purpose. One of the most valuable resources for leaders looking to grow and develop their core competencies is found inside great books on the topic of leadership.
Leaders wear many hats. From planning and setting goals to monitoring success and providing feedback, a leader’s to-do list is often lengthy but great leaders are always looking for a place to improve. Do you know what your best leadership quality is? Take this quiz and discover if your strongest practice is preparing, envisioning, initiating, assessing or responding and learn how you can work on the others!
With resolutions fresh on the mind, it’s important to think beyond some of the most common resolutions like losing weight, eating healthier or exercising more. Instead, start thinking about professional resolutions and aspirations like becoming a great leader.
Developing leaders within your current talent pool has become increasingly important in the past few years due to current war for talent and changes in technology. In order to stay on top, building leaders from within has become an important topic for employers and employees. According to Brandon Hall’s State of Leadership Development Survey, 84% of organizations surveyed anticipate a shortfall of leaders in the next five years. With more than over 10,000 baby boomers retiring each day, leadership development is more important than ever to sustain your business.
Leadership is one of the most important of aspects of successful business or thriving communities. Yet, the practice of leadership remains a mystery when it comes to clearly explaining what great leadership is. You know it when you see it, but what are the essential principles of great leaders in a 21st century knowledge workforce?