- Looming talent shortages have motivated organizations to place leadership development among their top priorities for the past four years.
- Leadership development goes hand-in-hand with succession planning. It prepares pipeline candidates to move into critical roles.
- It is also critical due to its ability to improve engagement and reduce turnover rates, which impact the organization’s ability to achieve strategic goals.
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Our Advice
Critical Insight
- Organizations are often overwhelmed with developing their leadership competencies, getting traction for the program, and not over-engineering the program.
- Selecting employees with leadership potential and creating effective development opportunities can be a challenging undertaking.
- Build a leadership development program that uses experiential, relational, and formal learning techniques.
- The greatest amount of learning occurs in on-the-job experiences, but development is made more successful when experiential learning is combined with both formal training and feedback.
Impact and Result
- Develop a tailored leadership program by aligning leadership competencies with organizational needs and prioritizing the largest competency gaps.
- Assess employees for leadership potential by observing and evaluating their performance of core leadership competencies, and through the use of a 9-Box Grid.
- Gain buy-in for the program with a clear business case and showing results-based success as an outcome of the program.
- Ensure that leadership development is a company-wide initiative and that participants’ managers are onboard with the program, as they will be responsible for a lot of the development oversight.
Workshop: Build a Leadership Development Program
Workshops offer an easy way to accelerate your project. If you are unable to do the project yourself, and a Guided Implementation isn't enough, we offer low-cost delivery of our project workshops. We take you through every phase of your project and ensure that you have a roadmap in place to complete your project successfully.
Module 1: Identify Candidates for the Leadership Development Program
The Purpose
- Identification of the participants for the leadership development program and the leadership competencies that require improvement.
Key Benefits Achieved
- Ensure that you are spending the effort on developing the best candidates to move into leadership roles.
- Align development effort with business goals to support their achievement.
Activities
Outputs
Make the case for prioritizing leadership development.
- Understand the importance of leadership development.
Use a 9-box grid to assess talent based on performance and potential.
- Identify candidates for the program.
Review your business’ strategic goals and related leadership competencies.
- Determine the focus of the leadership program.
Module 2: Build the Leadership Development Program
The Purpose
- Put in place a decisive plan of action for the pre-work that will need to take place prior to launching the program.
- Create effective individual action plans.
Key Benefits Achieved
- Decide on formal training content and delivery methods, plan to implement a mentoring program and/or coaching, and communicate with participants’ managers.
- Ensure adherence to the 70-20-10 principle of leadership development.
Activities
Outputs
Decide what formal training will be offered in-house.
- Align formal training to real business and leadership requirements.
Determine mentoring and coaching initiatives.
- Ensure that relational learning is occurring for program participants.
Finalize development opportunities that will be made available for participants.
- Provide participants with a variety of experiential, relational, and formal leadership development opportunities.
Module 3: Communicate and Evaluate the Leadership Development Program
The Purpose
- Communicate the leadership development program.
- Select evaluation metrics to track progress and impact.
Key Benefits Achieved
- Gain buy-in and momentum for the program.
- Demonstrate the program’s impact and success.
Activities
Outputs
Calculate an ROI.
- Create an effective business case with a clear cost-benefit analysis.
Create a communication plan for each target audience.
- Communicate using impactful materials and techniques to drive program interest and set realistic expectations.
Determine evaluation criteria.
- Effectively measure the program’s success and make improvements based on feedback.