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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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Guiding Principles of Leadership Development
Tony [email protected]
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.
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
4
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
5
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
70 % Work Experience
20 % Feedback &Observation
10 % FormalTraining
6
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
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
7
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
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
Common Models
9Common Models = Alignment and Agility
Common Themes – Red Threads
10
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