10 Commandments for Leadership Development
by Daniel R. Tobin | Talent Management
Talent leaders can use this set of expectations to evaluate the success of a leadership development program (LDP).
1. LDP participants will develop the leadership skills, business
acumen and execution skills they need for future leadership roles in the
company. The entire budget for the LDP typically will be less than the
cost of one poor promotional decision.
2. A well-designed internal LDP will expand the company's talent
pool for succession planning. The organization will have a ready supply
of well prepared candidates to fill slots for retirees or other senior
executive attrition.
3. The company will retain some top talent that it might otherwise
have lost. Employees who see the company is investing in their future
are more likely to stay.
4. Action learning projects used in the LDP will solve
long-standing company challenges because they will focus on issues that
never became so urgent that resources were assigned to solve them.
5. Top talent will be more visible to company executives. Most
executives have a limited view of the company's talent - typically a
line of sight that extends no more than two levels below them in their
own lines of business. Through the LDP, executives will get to view
talent from all business units, functional areas and geographies.
6. LDP participants will improve their on-the-job performance. The
skills that are taught in the LDP education sessions can be applied
immediately to participants' current roles.
7. Leaders will weed out high potentials who fail to perform in the
LDP. It is much better to discover fatal flaws in high potentials
before rather than after they are promoted.
8. Through the many roles they will play while teaching, endorsing
and otherwise participating in the LDP, company executives will feel
more connected to the front lines of the business.
9. LDP participants will start building their personal networks and
will learn to trust their fellow participants, resulting in better
communications and working relationships across business unit and
functional borders, and they will have these networks established when
they get promoted in the future.
10. The final test of the LDP's success will be whether senior
executives, having participated in and seen the results from the first
LDP, want to run the program again for another group of high potentials.
[About the Author: Daniel R. Tobin is a consultant, coach and author of Feeding Your Leadership Pipeline.]
No comments:
Post a Comment