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Guiding Principles of Leadership Development Tony Loyd [email protected]

Guiding Principles of Leadership Development

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Sustainable, profitable growth depends on a full leadership pipeline. World class leadership development is mission critical to growth strategies. This presentation captures some guiding principles for the creation of world-class leadership development program.

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Page 1: Guiding Principles of Leadership Development

Guiding Principles of Leadership Development

Tony [email protected]

Page 2: Guiding Principles of Leadership Development

The Challenge

• The market rewards sustainable, profitable growth.

• Sustainable, profitable growth leads to lower cost of capital, more investments from the public and shareholder value

• For most companies, the leadership pipeline is a critical input to their growth strategy

• Leadership development prepares a pipeline of ready-now successors.

Page 3: Guiding Principles of Leadership Development

A few benefits of a robust leadership development program:

• Supports corporate growth initiatives

• Fills the leadership pipeline

• Provides career development opportunities

• Increases employee engagement and retention

• Attracts new talent

• Creates an aligned, executing leadership team

Benefits of Leadership Development

Page 4: Guiding Principles of Leadership Development

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Leading Self Leading Others

Leading the Business

Leading Across the Enterprise

Self-AwarenessChange AgilityResilienceEmotional IntelligenceLeadership PresenceInfluence

Quality OperationsCustomer FocusSales / ProfitsOperating MechanismsMarketingCommunity PartnershipBusiness AcumenSafety / Compliance

Providing DirectionDecision MakingMotivationCoaching / FeedbackDifficult ConversationsSituational LeadershipDeveloping Others

StrategyBusiness ModelsAlignmentInnovationConflict ManagementCollaborationCultureValues

Four Quadrants of Leadership

Leaders need more than technical / functional skills

Page 5: Guiding Principles of Leadership Development

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Early Leaders(Managers)

Mighty Middle(Leaders)

Executive Leaders(Sr. Leaders / Executives)

Leader-ledDevelopment

Leader-ledDevelopment

Leaders Develop Leaders

Alumni from advanced programs co-facilitate lower-level programs

Page 6: Guiding Principles of Leadership Development

70 % Work Experience

20 % Feedback &Observation

10 % FormalTraining

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Michael M. Lombardo and Robert W. Eichinger of the Center for Creative Leadership

70 / 20 / 10 – Adult Learning

Formal training comprises 10% of what is learned by a leader

Page 7: Guiding Principles of Leadership Development

Define my Sense of Self – Personal & Professional Aspirations

Feedback, Self-

Assessment, Reflection – Notice the

Gap

Prioritize Development

– Build on Strengths,

Prioritize One Gap

Create a Development Plan Aligned to 70 / 20 / 10

Implement your

Development Plan

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Learning Cycle

Create a Support System

Manager, Peers, Coach,Mentor, Friends

Learning begins with a recognized gap and is completed with support from a network

Page 8: Guiding Principles of Leadership Development

World-Class Leadership Development

•Blended Learning•Common models•Shared meaning•Alignment of expectations•Leader-led

•Stretch assignments•Action learning•Real work

•Executive coach•Peer coaching•Mentor relationships

•360 Degree Feedback•Cultural Profile•Emotional Intelligence•Leadership Competencies

•Career Development Plan

Assessment & Feedback

Coaching & Mentoring

Training & Education

Work & Experience

70 / 20 / 10 Model + Learning Cycle = World Class Leadership Development

Page 9: Guiding Principles of Leadership Development

Common Models

9Common Models = Alignment and Agility

Page 10: Guiding Principles of Leadership Development

Common Themes – Red Threads

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Lead with Heart

Working in a Matrix is

Complex, and it’s how we Grow the Business

Seek First to Understand,

and then to be Understood

Match Your Leadership

Style with the Situation

Find Your Unique

Leadership Voice

Red Threads, or Common Themes, create a unifying structure across the curriculum