DEVELOPING YOUR PLAN TO PREPARE

FOR THE LEADERSHIP

NEEDS OF TOMORROW, TODAY.

The Leadership Development Group

Value and Importance of a Leadership Development Program

Leadership Development can be a competitive advantage for successful organizations

Provide successors and build a culture of supporting personal development and

growth more committed employees

Each Leadership Development

program is as unique as the

business forming it

Why is it necessary to have a LDP?

Less than half of the organizations in a research survey actually had a formal method of developing leaders

CEO turnover rates are increasing

The Talent Gap There are 76 million baby boomers in the workplace, many in

leadership roles and eligible to retire in the next 5 years There are only 40 million Gen X’ers in the workplace today Is your organization ready for the pending gap?

Research and Best Practices

Leader development (self-awareness, self-regulation, and self-motivation) needs to work with Leadership development (growing social capital)

Programs need to include a 360 feedback tool for participants

Coaching, action learning

Key Areas for a Successful Program

Conduct thorough needs assessmentSelect a suitable audience (the learners)Ensure appropriate support infrastructureDesign a learning systemDesign an evaluation systemCreate actions to improve the program over timeComplete the Checklist exercise

Conduct a thorough needs assessment

Current leadership team should discuss…What is the need for leadership development at

your organization?What leadership traits does your organization

value in successful leaders? Complete the Leadership sort exercise

What are your talent gaps? Complete the Organizational Chart exercise

Conduct a thorough needs assessment

Current leadership team should discuss…What is the need for leadership development at

your organization?What leadership traits does your organization

value in successful leaders? Complete the Leadership sort exercise

What are your talent gaps? Complete the Organizational Chart exercise

Select a suitable audience

Identify your high-potentialsDo they know their status?Are you adequately rewarding them to keep them

engaged and with your organization?

Ensure appropriate support infrastructure

Starts with support from the CEOAccountability for developing leaders should reside

at all levels of the organization

Design a learning system

Classroom and activity learningJob shadowingChallenging projectsMentoring360 feedbackNetworkingAll tailored for the needs of your organization

Design an evaluation system

Has the program allowed you to fill key leadership roles from within?

Do you have greater commitment to strategic direction?

Do you have more teamwork and collaboration?

Create actions to improve the program over time

Make continuous improvements over time based on feedback from participants and leaders

Changes in the organization’s vision and strategy should be reflected in the program

Commonalities of successful programs

Executive buy-in and support

Clear ties to business needs

and strategic alignment

Creation of prestige around

the program

Closing

Are you ready for the challenge of committing to leadership development?