In this webinar we'll provide you with four best practices from Fortune 500 companies that have successfully met the challenges faced by today's leaders and offer you tools for implementing leadership development initiatives in your organization.
What you'll learn:
- Importance of Leadership Development
Best Practices including:
- Strong executive involvement
- Use of tailored leadership competencies
- Alignment with the business strategy
- A “leaders at all levels” approach
- An integrated talent management strategy in which leadership development plays an integral role
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5 Ways to Build a Better Leadership Development Program - Webinar 05.14.14
1. WAYS TO BUILD A BETTER
LEADERSHIP DEVELOPMENT
PROGRAM
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3. We have re-evaluated
leadership competencies for
our organization in the past 6 –
12 months.
a. No, we don’t have
established
competencies.
b. No, we haven’t re-
evaluated.
c. No, but we’d like to.
d. Yes, we have.
4. What You’ll Learn:
1. Why leadership
development is important
2. Challenges faced by
today’s leaders
3. Leadership development
best practices
5. and more than 50% will be
Millennials.
U.S. Bureau of Labor Statistics
The number of people aged 65 and older will
double between 2010 and 2050.
By 2020, 25% of the workforce will be older
adults aged 55 and up…
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
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.
Contingency/ Situational – leadership behaviors in specific
situations.
Excellence Theories – the interactions between traits, behaviors,
key situations and group facilitations allow people to lead.
Transactional and Transformational – motivation, alignment
and sometimes values.
11. Executive Involvement
Make a clear
connection
between improving
your leadership’s
performance and
improving bottom
line results.
12. Impact on Business
• Financial Results
• Key Employee
Retention*
• Improve
Organizational IQ
* The American
Management Association
estimates that the direct
cost of losing a key
employee is between one
year and 18 months’
salary.
13. Measuring the Impact
• Employee
engagement
• Customer satisfaction
• Retention
• Output
• Quality
• Cost
• Time
14. Leadership Competencies
• Focus on development
of people
• Look to the future
• Maximize potential
• Focus on growth &
education
• Challenge the status
quo
• PERFORMANCE!!!!!
15. Training focuses on best
practices, while development
focuses on next practices.
The #1 Reason Leadership Development Fails
Mike Myatt, Forbes
19. EXECUTIVE LEVEL
Higher level leadership skills
such as motivation, strategy
and innovation
Peer to peer collaboration
Highly focused development
plans and executive
coaching
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Major Managerial Skills Gaps
1. Coaching
2. Performance appraisals
3. Developing others
4. Managing change
5. Communications
6. Business acumen
Mid-Level
Leaders
Bersin by Deloitte , Current Capabilities by Role, December 2011
22. MID-LEVEL
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
23. FRONTLINE
Leadership fundamentals,
business acumen and
communication skills
Hands-on direction,
mentoring and training
opportunities
Engaging, self-paced,
technology-based learning
solutions
Learning at the time of need
and performance support
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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
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Corporate Commitment Customer Focus
Goal Attainment Intellect
Leadership Operational Issues
Personal Interaction Self-Focus
Values Gaming 101
Bally Product
Excellence in Leadership Program
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Excellence in Leadership Program
“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
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2-5 minutes long
CEOs, business authors and experts share an action-
oriented key takeaway on very specific topics.
Global business leaders share lessons learned.
LEADERSHIP LESSON VIDEOS
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Course: Let Managers Learn From
Their Mistakes
Target: Managers
Course Title:
QuickTalks: Rob Kaplan:
Leadership Lesson: You Must
Ask the Right Questions to
Adapt
Target: Leaders at All Levels
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Free trial of the BizLibrary Collection
6,000+ Courses. 25 Topic Areas.
Unlimited Access.
Improve your employees' performance with the
largest and fastest-growing library of on-demand
training videos and eLearning courses today!
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Chris Osborn
Vice President of Marketing
cosborn@bizlibrary.com
@chrisosbornstl
Jessica Batz
Marketing Specialist
jbatz@bizlibrary.com
@jessbatz
@BizLibrary