Best Practices in Leadership Development Webinar 07.24.13

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Transcript of Best Practices in Leadership Development Webinar 07.24.13

Page 1: Best Practices in Leadership Development Webinar 07.24.13
Page 3: Best Practices in Leadership Development Webinar 07.24.13

Online content libraries

include:

• Streaming videos

• Interactive e-learning

courses

• Reference materials

• Ebooks

Technology solutions include:

• Cloud-hosted LMS

• Performance Management

• Social Learning applications

Award-winning

Learning and

Performance

Management

Solutions

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POLL QUESTION

We have a

tailored set of

competencies for

our organization

and leaders?

A. True

B. False

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POLL QUESTION

Our leadership

development

program is:

A. Supported at the

executive level

B. Aligned with

business strategy

C. Targeted to

leaders at all

levels

D. All of the above

E. None of the

above

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What you’ll

learn:

• Why leadership

development is

important

• Challenges faced

by today’s leaders

• Leadership

development best

practices

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With each generation entering the workplace, a

greater emphasis is placed on continual

development as these new employees know

that they are unlikely to stay more than a few

years;

it’s about what they can develop and acquire to

take to the next stop in the career journey. We

know that effective leaders are one of the most

important influences on levels of engagement.

Rebecca Ray, Employee Engagement in a VUCA World

(research report), New York: The Conference Board, 2011.

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Challenges

faced by our

leaders

Uncertainty

Need for speed

Changing workplace

demographics

What do you need

you leaders to do to

be successful?

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LEADERSHIP THEORIES:

1. Great Man Theories

2. Group Theories

3. Trait Theories

4. Behavioral Theories

5. Contingency/

Situational

6. Excellence Theories

7. Transactional and

Transformational

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Leadership

Development

Best Practices

Strong executive

involvement

Tailored leadership

competencies

Alignment with

business strategy

Target multiple levels

of leadership

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Executive Involvement

Make a clear

connection

between improving

your leadership’s

performance and

improving bottom

line results.

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Impact on Business

• Financial Results

• Key Employee

Retention*

• Improve

Organizational IQ

* The American

Management Association

estimates that the direct

cost of losing a key

employee is between one

year and 18 months’

salary.

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Measuring the Impact

• Employee

engagement

• Customer satisfaction

• Retention

• Output

• Quality

• Cost

• Time

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Leadership Competencies

• Identify essential traits

and behaviors

• Assessments can be

used to identify

strengths and

weaknesses

• Individual development

plans can help create a

tailored program

• Consider “traditional

and “modern”

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Leadership Competencies

• Vision

• Interpersonal skills

• Ability to develop others

• Intelligence

• Character • Collaboration skills

• People development

• Digital literacy

• Global citizenship

• Anticipate the future

ETHICS

Organizational

governance

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Align with Business Strategy

• Identify successors

• Develop high

potentials

• Develop bench

strength

• Set standards

• Culture norms

• Develop and engage

employees

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Target Multiple Levels

Executive Level

Technical or

Professional

Mid-level

Frontline and New

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EXECUTIVE LEVEL

Higher level leadership skills

such as motivation, strategy

and innovation

Peer to peer collaboration

Highly focused development

plans and executive

coaching

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TECHNICAL OR

PROFESSIONAL

Leadership fundamentals,

business acumen and

communication skills

Project Management and

formal certification

Learning at the time of need

and on-demand reference

material

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Major Managerial Skills Gaps

1. Coaching

2. Performance appraisals

3. Developing others

4. Managing change

5. Communications

6. Business acumen

Mid-Level

Leaders

Bersin by Deloitte , Current Capabilities

by Role, December 2011

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MID-LEVEL

Blended learning supported

by performance support

resources

Learning resources targeted

to their role of managing

other managers

Job rotation and stretch

assignments for growth

Feedback and mentoring

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FRONTLINE

Leadership fundamentals,

business acumen and

communication skills

Hands-on direction,

mentoring and training

opportunities

Engaging, self-paced,

technology-based learning

solutions

Learning at the time of need

and performance support

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Learn By Doing

Rotational

Assignments

Action Learning

Projects

Mentoring

Coaching

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Leadership

Development

Best Practices

Strong executive

involvement

Tailored leadership

competencies

Alignment with

business strategy

Target multiple levels

of leadership

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Excellence in Leadership Program

When leaders understand the big

picture, we are able to work

together more efficiently and

produce the best collection of

products and systems for our

customers.

Kristen Nazario, HR Director,

Bally Technologies

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Excellence in Leadership Program

“Our Leadership Development Program has contributed to

better collaboration and synergy among departments – we

are a global company that develops, manufactures, and

services numerous systems and products, when leaders

understand the big picture, we are able to work together

more efficiently and produce the best collection of products

and systems for our customers.”

Kristen Nazario, HR Director, Bally Technologies

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Online Content Leadership Development

HR as Business Partner: Managing

Talent for Organizational Success

The Extraordinary Leader: Going

from Good to Great

Implementing and Assessing a

Succession Planning Program

The Art of Effective Coaching

The Emotionally Intelligent Leader

Leadership Essentials (Eight 1-hour

courses)