5 Ways to Build a Better Leadership Development Program - Webinar 10.09.14
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The document outlines key strategies for improving leadership development programs, emphasizing the importance of tailored competencies, executive involvement, and alignment with business strategy. It highlights the challenges faced by modern leaders and presents various leadership theories and best practices for fostering effective leadership at all organizational levels. Additionally, the success of a corporate leadership program is illustrated through specific outcomes, such as promotions and enhanced collaboration among teams.
5 Ways to Build a Better Leadership Development Program - Webinar 10.09.14
- 1. WAYS TO BUILD A BETTER LEADERSHIP DEVELOPMENT PROGRAM WEBINAR BROUGHT TO YOU BY:
- 2. 7,000+ COURSES . 25 TOPIC AREAS . UNLIMITED ACCESS
- 3. ? We have re-evaluated leadership competencies for our organization in the past 6 – 12 months.
- 4. WHAT WE HOPE YOU’LL LEARN Why leadership development is important Challenges faced by today’s leaders Leadership development best practices
- 5. By 2020… 25% of the workforce will be aged and up55 More than will be Millennials 50%
- 6. With each generation entering the workplace, a greater emphasis is placed on continual development as these new employees know that they are unlikely to stay more than a few years; …IT’S ABOUT WHAT THEY CAN DEVELOP AND ACQUIRE TO TAKE TO THE NEXT STOP IN THE CAREER JOURNEY. We know that effective leaders are one of the most important influences on levels of engagement. Rebecca Ray, Employee Engagement in a VUCA World
- 7. CHALLENGES FACED BY OUR LEADERS UNCERTAINTY SPEED DEMOGRAPHICS WHAT DO YOU NEED YOUR LEADERS TO DO TO BE SUCCESSFUL?
- 8. GREAT MAN THEORIES: Leaders are born not made. GROUP THEORIES: leadership emerges in small group settings TRAIT THEORIES: there are universal leadership traits that can be taught and learned BEHAVIORAL THEORIES: behavior patterns that results in leadership success
- 9. SOCIAL / CONNECTED THEORIES:…. CONTINGENCY/ SITUATIONAL THEORIES: leadership behaviors in specific situations EXCELLENCE THEORIES: the interactions between traits, behaviors, key situations and group facilitations allow people to lead. TRANSACTIONAL / TRANFORMATIONAL THEORIES: leadership behaviors in specific situations
- 10. LEADERSHIP IN YOUR ORGANIZATION VISION: Where are we going and why? STRATEGY: How will we get there?
- 11. LEADERSHIP DEVELOPMENT BEST PRACTICES Strong executive involvement Tailored leadership competencies Alignment with business strategy Target multiple levels of leadership Learn by doing
- 12. Make a clear connection between improving your leadership’s performance and improving bottom line results. EXECUTIVE INVOLVEMENT
- 13. IMPACT ON BUSINESS FINANCIAL RESULTS KEY EMPLOYEE RETENTION IMPROVE ORGANIZATIONAL IQ
- 14. MEASURING THE IMPACT EMPLOYEE ENGAGEMENT CUSTOMER SATISFACTION RETENTION OUTPUT QUALITY COST TIME
- 15. LEADERSHIP COMPETENCIES FOCUS ON PEOPLE DEVELOPMENT LOOK TO THE FUTURE MAXIMIZE POTENTIAL FOCUS ON GROWTH AND EDUCATION CHALLENGE THE STATUS QUO PERFORMANCE!!!
- 16. Training focuses on best practices, while development focuses on next practices. The #1 Reason Leadership Development Fails Mike Myatt, Forbes
- 17. COLLABORATION LEARNING AGILITY PEOPLE DEVELOPMENT DIGITIAL LITERACY GLOBAL CITIZENSHIP Vision Interpersonal Skills Ability To Develop Others Intelligence Character
- 18. ALIGN WITH BUSINESS STRATEGY SUCCESSORS HIGH POTENTIAL BENCH STRENGTH SET STANDARDS CULTURE NORMS DEVELOP AND ENGAGE EMPLOYEES
- 19. TARGET MULTIPLE LEVELS EXECUTIVE LEVEL TECHNICAL OR PROFESSIONAL MID-LEVEL FRONTLINE AND NEW
- 20. EXECUTIVE LEVEL Higher level leadership skills – motivation, strategy and innovation Peer to peer collaboration Highly focused development plans and executive coaching
- 21. EXECUTIVE LEVEL
- 22. TECHNICAL OR PROFESSIONAL Leadership fundamentals, business acumen and communication skills Project Management and formal certification Learning at the time of need and on-demand reference material
- 23. TECHNICAL OR PROFESSIONAL Managing Six Sigma Team Performance Duration: 120 minutes
- 24. Coaching Performance appraisals Developing others Managing change Communications Business acumen SOURCE: Bersin by Deloitte , Current Capabilities by Role, December 2011
- 25. MID-LEVEL MANAGERS Blended learning supported by performance support resources Learning resources targeted to their role of managing other managers Job rotation and stretch assignments for growth Feedback and mentoring
- 26. MID-LEVEL MANAGERS Developing Followers: Developing Yourself as a Leader Empowering Followers Impedership
- 27. Job rotation Action learning Task force or project teams Mentoring
- 29. LEADERSHIP DEVELOPMENT BEST PRACTICES Strong executive involvement Tailored leadership competencies Alignment with business strategy Target multiple levels of leadership Learn by doing
- 30. EXCELLENCE IN LEADERSHIP PROGRAM When leaders understand the big picture, we are able to work together more efficiently and produce the best collection of products and systems for our customers. Kristen Nazario, HR Director, Bally Technologies
- 31. EXCELLENCE IN LEADERSHIP PROGRAM CORPORATE COMMITMENT GOAL ATTAINMENT LEADERSHIP VALUES BALLY PRODUCT CUSTOMER FOCUS INTELLECT OPERATIONAL ISSUES SELF-FOCUS GAMING 101
- 32. OF PARTICIPANTS GRADUATED FROM THE PROGRAM EXCELLENCE IN LEADERSHIP PROGRAM 80% EARNED PROMOTIONS WITHIN THREE MONTHS OF GRADUATING 30%Our Leadership Development Program has contributed to better collaboration and synergy among departments – we are a global company that develops, manufactures, and services numerous systems and products, when leaders understand the big picture, we are able to work together more efficiently and produce the best collection of products and systems for our customers. Kristen Nazario, HR Director, Bally Technologies
- 34. WWW.BIZLIBRARY.COM/FREE-TRIAL 7,000+ COURSES . 25 TOPIC AREAS . UNLIMITED ACCESS
- 35. THURS. 10.23 THE 3 B’S OF A CONTENT DEVELOPMENT STRATEGY www.bizlibrary.com/webinars TUES: 10.14 TAKING THE PAIN OUT OF PERFORMANCE REVIEWS THURS: 10.21 COACHING SKILLS FOR YOUR MANAGERS AND LEADERS
- 36. BIZLIBRARY.COM Chris Osborn Vice President of Marketing [email protected] @chrisosbornstl Jessica Petry Marketing Specialist [email protected] @JessLPetry @BizLibrary