Difference Between Transactional and Transformational Leadership
Wednesday, May 15, 2019 - 06:15
There are many ways to categorize leaders. A useful way for many organizations is to differentiate transactional leaders from transformational leaders. It’s important to understand different leadership styles because certain organizations—or positions—benefit more from one over the other.
Emotional intelligence is the ability for a person to perceive, use, understand and manage their emotions and has been shown to be as important as mental intelligence for effective leadership. Three specific traits have been associated with high emotional intelligence: self-management, social awareness and relationship management.
What Sets LeaderNAVTM Apart from Other Leadership Assessment Tools
Wednesday, May 1, 2019 - 10:53
There are a variety of leadership assessment tools available. It’s important to choose the one that can easily—and efficiently—identify and build talent within your organization. Envision Global Leadership (EGL) has developed a proprietary software, LeaderNAVTM, that can assess key leadership competencies and compare results from multiple leadership candidates. Additionally, EGL provides individual feedback sessions and development planning, as well as ongoing support, coaching, and reviews.
Progression planning is a way to ensure your organization can meet its future leadership goals while also providing employees with professional development—which is extremely important to today’s workforce. By utilizing empirically designed and validated leadership assessment software, an organization has the information it needs to successfully develop plans to help strengthen competencies of future leaders.
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.