5 ways to build a better leadership development program | webinar 02.10.15

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LEADERSHIP DEVELOPMENT

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LEADERSHIP DEVELOPMENT

?We have re-evaluated

leadership competencies

for our organization in

the past 6 – 12 months.

WHAT YOU’LL TAKE-AWAY

Poor leadership skills are costly to an organization.

Organizations need to develop leaders faster, and build

deeper bench strength.

Employee focused leadership development strategies help

meet the challenges faced by today’s leaders.

360MILLION

WORKERS WILL RETIRE FROM THE

GLOBAL LABOR FORCE BY 2030

Up to 40 to 50% of imported

executives fail within the first 18 months – internal development is key to success!

SOURCE: McKinsey Global Institute

Employee Retention

Customer Satisfaction

Employee Productivity

Poor leadership practices negatively impact…

SOURCE: Making the Business Case for Leadership

Development, The Ken Blanchard Companies, 2011.

Employee Retention

As much as 32% of an organization’s

voluntary turnover can be avoided through

better leadership skills.

Poor leadership practices negatively impact…

SOURCE: Making the Business Case for Leadership

Development, The Ken Blanchard Companies, 2011.

Customer Satisfaction

Better leadership can generate 3-4%

improvement in customer satisfaction

scores…corresponding to 1.5% increase in

revenue growth.

Poor leadership practices negatively impact…

SOURCE: Making the Business Case for Leadership

Development, The Ken Blanchard Companies, 2011.

Employee Productivity

Better leadership practices could eliminate

5-10% of productivity drag.

Poor leadership practices negatively impact…

SOURCE: Making the Business Case for Leadership

Development, The Ken Blanchard Companies, 2011.

CHANGING DEMOGRAPHICS

NEED FOR SPEED

UNCERTAINTY

CHALLENGES FACED BY OUR LEADERS

WHAT DO YOU NEED YOUR LEADERS

TO DO TO BE SUCCESSFUL?

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

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

VISION:

Where are we going and

why?

STRATEGY:

How will we get there?

LEADERSHIP IN YOUR ORGANIZATION

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

LEADERSHIP DEVELOPMENT BEST PRACTICES

Strong executive

involvement

Tailored leadership

competencies

Alignment with

business strategy

Target multiple levels

of leadershipLearn by doing

Make a clear connection

between improving your

leadership’s performance and

improving bottom line results.

EXECUTIVE INVOLVEMENT

FINANCIAL RESULTS

KEY EMPLOYEE RETENTION

IMPROVE ORGANIZATIONAL IQ

BUSINESS IMPACT

LEADERSHIP COMPETENCIES

FOCUS ON PEOPLE

DEVELOPMENT

LOOK TO THE FUTURE

MAXIMIZE POTENTIAL

FOCUS ON GROWTH AND

EDUCATION

CHALLENGE THE STATUS QUO

PERFORMANCE!!!

Training focuses on best

practices, while

development focuses on

next practices.

The #1 Reason Leadership Development Fails

Mike Myatt, Forbes

INTERPERSONAL

SKILLS

ABILITY TO

DEVELOP

OTHERS

INTELLIGENCEVISION CHARACTER

PEOPLE

DEVELOPMENT

LEARNING

AGILITY

DIGITAL LITERACYCOLLABORATION GLOBAL

CITIZENSHIP

EMERGING COMPETENCIES

ALIGN WITH BUSINESS STRATEGY

SUCCESSORS

HIGH POTENTIAL

BENCH STRENGTH

SET STANDARDS

CULTURE NORMS

DEVELOP AND ENGAGE

EMPLOYEES

TARGET MULTIPLE LEVELS

EXECUTIVE LEVEL

TECHNICAL OR PROFESSIONAL

MID-LEVEL

FRONTLINE AND NEW

EXECUTIVE LEVEL

Higher level leadership skills –

motivation, strategy and

innovation

Peer to peer collaboration

Highly focused development

plans and executive coaching

EXECUTIVE LEVEL

Leadership fundamentals,

business acumen and

communication skills

Project management and

formal certification

Learning at the time of need

and on-demand reference

material

TECHNICAL OR PROFESSIONAL

TECHNICAL OR PROFESSIONAL

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

MID-LEVEL MANAGERS

MID-LEVEL MANAGERS

JOB ROTATION

ACTION LEARNING

TASK FORCE OR PROJECT

TEAMS

MENTORING

LEARN BY DOING

LEADERSHIP DEVELOPMENT BEST PRACTICES

Strong executive

involvement

Tailored leadership

competencies

Alignment with

business strategy

Target multiple levels

of leadershipLearn by doing

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

CORPORATE

COMMITMENT

GOAL ATTAINMENT

LEADERSHIP

VALUES

BALLY PRODUCT

CUSTOMER FOCUS

INTELLECT

OPERATIONAL ISSUES

SELF-FOCUS

GAMING 101

EXCELLENCE IN LEADERSHIP PROGRAM

OF PARTICIPANTS GRADUATED FROM THE PROGRAM80%

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

EXCELLENCE IN LEADERSHIP PROGRAM

KEY TAKE-AWAYS

Poor leadership skills are costly to an organization.

Organizations need to develop leaders faster, and build

deeper bench strength.

Employee focused leadership development strategies help

meet the challenges faced by today’s leaders.

BizLibrary provides leadership development resources

targeted to key competencies and leaders across your

organization.

CREATING MENTORING PROGRAMS THAT WORK!

Course: Mentoring: Creating a Mentoring Program

Course: Mentoring: Why a Mentoring Program

NO RISK EXPERIENTIAL LEARNING

Course: Problem Solving:

Process, Tools, and Techniques

Provide leaders with scenario-

based learning that enables

them to experience real world

situations in safe, exploratory

environments.

WWW.BIZLIBRARY.COM/FREE-TRIAL

FREE 30-DAY TRIAL!

no risk – no obligation

THOUSANDS OF COURSES .

25 TOPIC AREAS . UNLIMITED ACCESS

Jessica Petry

Sr. Marketing Specialist

[email protected]

@JessLPetry

@BizLibrary

Chris Osborn

Vice President of Marketing

[email protected]

@chrisosbornstl

#BIZWEBINAR