Transforming strong workers into strong leaders is becoming a priority for most businesses. Leadership, according to a survey from Deloitte, remains the No. 1 talent issue facing organizations around the world,” with 86% of respondents to the survey rating it “urgent” or “important.” Yet, the survey revealed that only 13 percent of companies do an excellent job of developing leaders.
Some feel it is risky for their companies to invest in individuals who might leave. But if you don’t make transforming strong workers into strong leaders a priority, where do you find and keep your edge over your competitors? And “If you think training is expensive, try ignorance” ().
By investing in the leadership growth of your people, you can gain a distinct advantage — not only in terms of the effectiveness of talent, but also in being more attractive when hiring and even when driving your operations.
Ok, growing in your leadership skills and abilities is needed, but where do you start? I would suggest the following:
1. To grow your people in leadership, find a Business Leadership Mentor – someone to challenge you to try new things, get unstuck, provide support and encouragement, identify and grow in your strengths and minimize your weaknesses. This will keep you future focused and results based.
2. Assess your executives, use the L.E.A.D. Audit www.business-achieve.com with your Business Coach/Mentor to determine and refine your leadership styles and traits and the business priorities to work on.
3. Create your leadership vision to focus and prioritize issues and create a custom roadmap to get you the results that you seek faster.
4. Set and achieve your goals to improve the leadership, communications, and customer experience of your company while engaging your people.
How can companies bridge the leadership gap? One of the most successful approaches is Executive Coaching/Mentoring. Steve Jobs, Meg Whitman (HP), Microsoft’s Bill Gates, Dell’s Michael Dell, Google’s Eric Schmidt, Ford’s Alan Mulally and almost all other top executives had coaches.
Does an investment in developing leaders pay off? Research shows 15% increase in financial performance. What would that add to your bottom line?
Today’s market environment places a premium on speed, flexibility and the ability to lead in uncertain situations. At the same time, the flattening of organizations has created an explosion in demand for leadership skills at every level.
I would love to talk with you about getting greater results in your marketing and achieve effective leadership.