Your organization is only as good as its leaders.
Not just its executives, but all of the leaders that actually organize the work that brings in revenue.
Well run organizations know this, and spend to develop their current and future leaders.
Leadership development does not happen by accident. Are you investing?
Leadership "Sharpens the Axe" of your business - leading to more engagement of your people to meet your business goals.
"In other words, if it’s a superior team you’re after, hiring the right manager is nearly three-fourths of the battle. "
Wall Street Journal, The Economy’s Last Best Hope: Superstar Middle Managers, March 24, 2019
Gallup finds the quality of managers and team leaders is the single biggest factor in your organization's long-term success.
... the sheer size of that correlation—something Gallup calls “the single most profound, distinct and clarifying finding” in its 80-year history...
Average % Market Cap Growth and Total Shareholder Return substantially higher with better leadership.
Chief Executive Magazine, November/December 2010
37% Higher Revenue per employee
9% Higher gross margin
5x better at responding to change
10x better at developing new leaders
Deloitte Study, 2016
Growth is often constrained by a lack of management talent. Leadership development is usually necessary to take new opportunities.
Without solid leaders within an organization, senior leaders end up taking care of daily tasks rather than focusing on strategy and new initiatives.
The direction of the organization is understood by all. Goals are shared. Results are reported. Adjustments are made at the right levels.
Conflict resolved productively at the right level. Importance of Work understood. Personal strengths built upon. Communication between different personalities understood. An environment conducive to motivation.
We have all worked in great organizations and struggling organizations. In the end, the difference between the two is leadership.
Leaders drive culture and processes. Improving either takes time, even for good leaders. But poor leaders will never change either for the better.
If your organization has a cluster of the symptoms of poor leadership, then work on the underlying cause.
The solution to a leadership problem isn't necessarily the replacement of your leaders.
There is a good chance that your leaders are good people who have never been given insight on how to lead effectively.
Nearly 66% of leaders report that the were never given any training for their new roles when they were promoted.
But, it is never too late!