According to a recent Gallup poll, 87% of millennials stated that receiving professional development was important to them1 while a LinkedIn survey reports 94% of employees would stay at their job longer if their organization invested in their development.2 These surveys highlight the need for companies to invest in development in order to keep talent within their organization.
Ongoing leadership assessment is extremely important, but it’s equally important to use the right software. In order to be effective, leadership assessment software should be unbiased, use a validated and reliable methodology and be easy to use and implement.
Leaders are people in your organization that can inspire, motivate and encourage others to work towards a common strategic goal. Managers are those that plan, organize and coordinate. While many people use the two words interchangeably, they are two distinct roles and one should not be confused for the other. Leaders provide direction for an organization and get people working towards the same goal or objective, while managers execute that vision by leading day-to-day operational tasks.
Succession Planning and Talent Development is Important More than Ever Before
Wednesday, March 27, 2019 - 06:59
Too many companies overlook the importance of succession planning and the role talent development plays in not only ensuring your business keeps thriving during times of change but also in keeping employees happy within your organization.
How Often Should Corporate Leadership Assessment Occur?
Wednesday, March 20, 2019 - 07:38
Evaluating leadership behaviors and developing employee competencies should be an ongoing process in every organization. When corporate leadership assessment is an ingrained part of the company culture, it allows for continued development of the leadership pool; which is beneficial during times of management change.
First Step of a Successful Leadership Development Program
Wednesday, March 13, 2019 - 06:35
The best leadership development program won’t succeed if you’re not focusing resources on the right candidates. The first step of any development program should be to identify those within your organization that display behaviors which are consistent with successful leadership. By allocating resources to the right people, you can increase your chances of building a successful leadership pool.
When assessing an organization’s talent pool, it’s critical to get a complete overview, which includes screening for leadership derailers. Identifying behaviors that could diminish a person’s ability to influence—or lead—is just as important as identifying positive behaviors. Pinpointing derailers that need to be addressed can provide a developmental roadmap for a person to reach their full leadership potential.
Effective Leadership is Crucial for Organizational Success
Wednesday, February 27, 2019 - 07:49
There are many factors that contribute to organizational success, but none are as important as effective leadership. A capable leader has the strategic ability to visualize company goals and the skills to motivate, encourage and engage employees to reach—or exceed—those objectives.
When a person exhibits 5 specific behaviors, it’s a strong indication they have the ability to be a successful leader. However, it can be difficult to identify people within an organization that display these 5 essential leadership traits in an objective and efficient manner.
Too often, leadership development, and assessment, only focus on upper management positions. Many businesses overlook the benefit of identifying and cultivating leaders in all levels of their business, which can provide stability during times of change and can actually create a more productive and engaged workforce.
By developing leaders at all levels of business, you can help minimize disruptions during times of change. When a CEO or other high-level position unexpectedly leaves, it can create confusion among employees, affecting productivity and morale.