Reasons for organisations to invest in Leadership Development as a compelling priority
An organisation’s success depends on its people, and people’s efficiency is directly linked to the effectiveness of leaders at all levels of the hierarchy. Leaders guide & lead their teams to upscale their performance which enhances efficiency & overall productivity.
Traditionally it was believed that leaders are born, leadership statistics in more recent times have ascertained that while 10 % of people may have natural attitudes to leadership discretion, most of us learn leadership through formal and informal ways.
This learning builds confidence to navigate the way to the top.
Investing in leadership training & development at all levels is a non-negotiable priority for all organisations. Companies are well aware of this priority and have dedicated leadership development/talent management HR professionals.
Let us look at some top-of-the-line benefits that cascade down the line when trained & developed leaders become CATALYSTS of empowerment.
1. Self-Mastery: Leading is not a checklist which can be pulled off the net. It is a continuous journey of imbibing Attitudes of excellence
- Positivity, accountability, creativity
- Appreciation, Gratitude, Humility, Grace
- Unlearn, learn
- Emotional Intelligence to manage own & others’ emotions
- Personal gravitas & power
These are the foundational strong roots which enables people to navigate through the many challenges. Leadership training programmes help leaders to discover the Tatva and unlock their potential. Such developed leaders become rock-solid pillars in the organisation
2. Employee Retention:
– For the leaders: higher levels of engagement as a systematic process for honing new skills/attitudes/competencies leads to a higher ability to manage new challenges
– At the employee level: when leaders invest time in developing their juniors to upskill, employees feel valued and are more likely to stay with the organization
3. Inclusive Work Environments: Trained & developed leaders can facilitate the creation of inclusive work environments, which in turn creates higher employee engagement & morale, increased job satisfaction leading to higher creativity, risk-taking & productivity
4. Team Performance: Inspirational leaders build teams that outshine. Trained leaders can manage conflicts through a culture of open communication, leverage individual strengths, align individuals to personal & organisational goals, give & receive feedback, which leads to happy employees & happier organisations. This further leads to collective & collaborative DECISION-MAKING
5. Increased risk-taking & innovation: In the current business scenario, businesses will not survive unless they take risks & innovate. Most employees are shy of walking on that path for fear of failure & rejection. Leadership training programmes build the risk-taking appetite & ability to take a calculated risk for creativity & innovation. Innovation & creativity are components of organisational culture, which in turn are seeded by leaders through LEAD BY EXAMPLE
6. Impactful Communication: Leadership training programmes teach leaders the techniques & tools of communication they can communicate effectively with employees, customers, and stakeholders, which builds relationships thereby supporting business outcomes.
7. Future Leadership Pipeline: Investing in leadership development can help organizations identify and prepare high-potential employees for future leadership roles, reducing the risk of leadership gaps and ensuring a smooth transition when a leader leaves the organization.
8. Increased Customer Satisfaction: Strong leadership can help create a customer-centric culture that prioritizes delivering excellent customer serviceand meeting customer needs.
9. Competitive Advantage: Companies that invest in leadership development are more likely to be successful and gain a competitive advantage in their industry by developing a skilled and capable leadership team.
We have been in the space of leadership development for more than two decades and are convinced that trained & developed leaders can create magic for themselves, their teams, their departments, their organisation, their country, and the world at large.
This is one investment which will give you very warm & healthy returns.