Many organizations are facing a potentially disastrous drain on top talent as an increasing number of employees approach retirement. Unfortunately, most employers don’t have strategic-level initiatives in place to capture and retain the knowledge that's about to leave, and they don't have replacement talent ready to step into leadership as these roles open up.
Employers also feel they can't engage and retain early career talent long enough to fill leadership roles…but what if you approached the whole challenge a little bit differently? What if you looked at creative ways to tap into the vast talent pool of our emerging leaders today, and not wait until we promote them into designated leadership positions?
In this webinar you'll learn:
- 5 best practices to unlock the hidden value in your emerging leaders
- The business impact of investing in your current talent
- How to approach leadership with an intelligent, forward-thinking outlook that will return excellent results and inspire others
4. What are the primary objectives of
your leadership development program?
5. We have re-evaluated leadership
competencies for our organization in
the past 6 – 12 months.
6. “The most successful
strategies are those that
make learning a
continuous process,
hardwired into a
company's metabolism.“
Meghan Biro, The New
Rules of Leadership
7. 86%
see leadership
shortfalls as a top-3
issue
Two out of three
employees say
training plays an
important role in
their decision to stay
with their employer.
Professional
development is 27%
more important to
millennials then baby
boomers
SOURCE: Bersin by Deloitte: Global Human Capital Trends 2015
11. Employee Engagement
81% of people who report to a trained
leader said they were more engaged in
their jobs.
SOURCE: The Business Case for Leadership
Development, CLO, 2017
Leadership Development Practices
Positively Impact
12. Customer Satisfaction
Better leadership can generate 71%
percent higher customer satisfaction
ratings and a 114% increase in sales.
SOURCE: The Business Case for Leadership
Development, CLO, 2017
Leadership Development Practices
Positively Impact
13. Employee Productivity
Leadership development can cause a 26%
decrease in production time and a 36%
increase in productivity.
SOURCE: The Business Case for Leadership
Development, CLO, 2017
Leadership Development Practices
Positively Impact
16. Up to 40 to 50% of imported executives
fail within the first 18 months – internal
development is key to success!
SOURCE: McKinsey Global Institute
17. Knowledge transfer might be the single best reason to
improve your leadership development program . . . now.
25%
By
2020
of the workforce will be older adults
aged 55 and up.
SOURCE: U.S. Census Bureau
48%
of companies have no intention to do any
strategic planning about how retirement
affects their business!
SOURCE: AARP Poll
Experience,
knowledge, and
skills!
18. 42% of companies surveyed reported hiring
retired employees as “consultants”
Informal Knowledge Transfer
Driving a culture of knowledge,
sharing and communication
Some specialized knowledge
WILL be lost
20. Leadership
Models For
Development
Behavioral
Theories
Behavior patterns that
results in leadership
success
Trait
Theories
Universal leadership
traits that can be taught
and learned
Great Man
Theories
Leaders are born,
not made
Group
Theories
Leadership emerges in
small group settings
22. SOURCE: http://2020workplace.com/blog/?p=388
• Inclusive decision making
• Genuine solicitation of feedback
Collaborative Mind-set
• Mentors and coaches team
• Provides straight feedback
Developer of People
• Use technology to connect customers and
employeesDigitally Confident
• Has a diverse mind-set
• Prioritizes social responsibility
Global Citizen
• Builds accountability across levels
• Champions innovation
Anticipates and Builds for
the Future
Leadership 2020 Model
23. Emotional intelligence is the
foundational skill set.
Self-
Awareness
Self-
Management Social
Awareness
Relationship
Management
25. Continual Re-Alignment with Business Strategy
Identify successors
for critical roles
Enhancing
effectiveness of
current leaders
Develop leadership
Bench strength
Accelerate the
Development of
High potentials
Influence or change
Company culture
Increase employee
Engagement and
productivity
26. What do you need your leaders to do to be successful?
Key Challenges Faced By Our Leaders
Uncertainty Changing DemographicsNeed for Speed
27. Leadership in Your Organization
VISION
Where are we going and why?
STRATEGY
How will we get there?
RESOURCES
What’s available and needed?
28. Target Multiple Levels
High Potential
Employees
Supervisory and
Team Lead
Managing Advanced
Leadership
Executive
Development
New Managers &
Newly Promoted
Mid And Senior Level
Managers
Technical And
Professional
Senior Directors And
Vice Presidents
29. Supervisory
and Team Lead
• Changing roles and
communication
• What is leadership
• Working with peers
• Delegation
• Establishing
credibility
New Managers
• The management /
leadership mix
• Working with peers
• Developing others
• Emotional
intelligence
Mid-Level
Managers
• Learning resources
targeted to their
role of managing
other managers
• Job rotation and
stretch
assignments for
growth
• Feedback and
mentoring
Technical and
Professional
Leaders
• Leadership
fundamentals,
business acumen
and
communication
skills
• Learning at the
time of need and
on-demand
Executives and
Senior
Leadership
• Higher level
leadership skills –
motivation,
strategy and
innovation
• Peer to peer
collaboration
• Highly focused
development plans
and executive
coaching
Developing Learning Plans at
Different Levels
32. Learning Agility Defined:
The willingness and ability to learn from
experience and the ability to apply what you’ve
learned for effective performance in new or
unfamiliar conditions.
33. Having a Growth Mindset
Mastery & Passion
FIXED MIXED GROWTH
36. Establishing a Culture of Agility Video Lesson
From this lesson, the viewer will learn
about the four areas that must be
understood and modified in a culture of
agility. The lesson also describes
applicable strategies for creating an
agile organization, such as
communicating well, supplying
resources, and increasing tolerance of
mistakes.
Establishing a
Culture of Agility
37. Using Emotional Intelligence Video Course
This eight-lesson video course covers
the major components of EI: self-
awareness, self-regulation, social
awareness, and relationship
management. In this video lesson, we
will introduce the concept of emotional
intelligence, describe how it differs
from other types of intelligence, and
summarize the different parts of EI.
Using Emotional
Intelligence
38. Let us know through the poll if you’d like a free demo of
BizLibrary’s online course collection.
www.bizlibrary.com/demo
Try out these video lessons
and more!
39. Thank you for attending!
Katie Miller
Marketing Specialist
BizLibrary
Daniel Binkholder
Client Success Consultant
BizLibrary