Leadership succession planning plays a vital role in the long-term growth and development of any organization, regardless of its size or industry. To effectively prepare professionals for leadership roles, organizations need to invest in leadership development programs that focus on the skills necessary to manage and inspire professionals within the organization.
As you seek to establish your leadership development goals, you can rely on evidence-based strategies that will allow you to plan and prepare for the future.
Assessing Leadership Needs
Before you invest in leadership training for managers and other professionals in your organization, you will want to assess the leadership needs within your organization. Taking the time to evaluate your current leadership progress and identify skills in demand at your organization will allow you to offer the most rewarding leadership training modules.
Identifying Skills Gaps
The skills needed to succeed in your organization will change as people progress into higher-level positions. Knowing where your current leadership strengths lie and what skills need to be further developed can help you identify the resources that will best benefit your organization.
Some of the leadership skills that may need to be prioritized in your organization include:
- building confidence in up-and-coming leaders.
- developing an empathetic leadership style.
- learning how to communicate effectively as a leader.
- learning how to leverage technology as a leader.
Setting Leadership Development Goals
To implement a strategic leadership success strategy, you will need to establish leadership development goals. According to Qualtrics Experience Management, some common goals include:
- improving the overall culture of the organization.
- attracting and retaining top talent in the industry.
- promoting continuity and consistency during organizational change.
- increasing employee engagement.
- reducing employee attrition.
Tailoring Development Programs
When it comes to leadership development in the 21st century, personalization is the key to success. You should tailor your development programs based on the individual needs of the professional as well as the requirements of the position you are preparing them for.
Personalized Learning Paths
By offering personalized learning paths, you give professionals at your organization the opportunity to select a leadership training curriculum that aligns with their personal interests and career goals. Customized leadership development is more likely to appeal to professionals and, therefore, be more effective.
Integrating Leadership Theories and Models
As you build these customized programs, you will want to integrate the most effective leadership theories and models. According to the Center for Creative Leadership, the 70-20-10 model works well for customized leadership development programs. This model requires you to create a program that is:
- 70 percent experiential learning
- 20 percent relationship building
- 10 percent coursework and skills training
Implementing Effective Training Techniques
Once you have developed the leadership program that best fits your organization’s needs, you will need to implement it using the most effective training techniques.
Interactive Workshops and Seminars
Interactive workshops and seminars are an ideal way to offer leadership and management development programs. These short-term programs provide professionals with an opportunity to contribute to the program and engage with the material and other professionals, which will result in long-lasting leadership training outcomes.
Role-Playing and Simulations
Role-playing and simulations are well-suited to leadership development programs because they require aspiring leaders to put themselves in the moment and think quickly—something that they will certainly be required to do once they assume a leadership position! By acting out scenarios in real-time, professionals at your organization can try out the management experience for themselves.
Leveraging Technology in Leadership Development
Technology can enhance your leadership skills development programs and improve overall outcomes. By leveraging the best technology, you can make leadership development more accessible in your organization.
Digital Learning Platforms
Digital learning platforms allow your employees to engage in remote leadership development training, which can be more feasible for busy professionals trying to balance professional development with their existing workload.
Utilizing Data and Analytics
Technology also allows you to collect data and measure progress using analytics, giving you accurate insight into the success of your leadership development programs.
Fostering a Culture of Continuous Improvement
One of the most significant benefits of leadership development is that these programs help foster a culture of continuous improvement in your organization. This allows your employees and existing leaders to recognize the power of a growth mindset.
Encouraging Feedback and Reflection
Through professional development and online leadership courses, you can give your employees an opportunity to reflect on their experiences and provide valuable feedback that can fuel organizational change.
Creating Opportunities for Growth
Customized leadership training helps create additional opportunities for personal and professional growth within an organization. Your employees will appreciate your willingness to invest in them and allow them to continue to grow and develop throughout their careers.
Overcoming Common Challenges
Of course, implementing a leadership succession plan and prioritizing leadership development are not without their challenges. Being aware of some of the most common challenges—and knowing how to implement streamlined solutions—can help you navigate those difficult moments with ease.
Addressing Resistance to Change
In some cases, your employees may feel resistant to change. It's not uncommon for employees at all levels to get comfortable with the status quo and feel anxious about the idea of large-scale organizational change. By highlighting the fact that leadership development programs will help everyone at the organization grow and improve and showcasing the actual benefits they will enjoy from these programs, you can help minimize some of that fear.
Budget Constraints
Leadership development is an investment, and it can be challenging to incorporate it into a tight budget. However, the long-term cost savings associated with effective leadership development can significantly offset the initial investment. Leadership development may help you reduce turnover and improve retention rates, which lead to significant long-term savings.
Measuring the Impact of Leadership Development
Once you have implemented a leadership development strategy, you will want to track and monitor the results. By measuring the impact of leadership development, you can continue to adapt and improve your offerings.
Evaluating Program Effectiveness
You can evaluate the effectiveness of your program by:
- collecting data and using analytics to measure results.
- seeking anecdotal feedback from your employees.
- assess the leadership succession in real-time.
ROI of Leadership Training
Generally speaking, leadership development and training programs offer a significant return on investment. According to Management Consulted, businesses and organizations that invest in leadership training for managers earn nearly $4.15 for every $1 spent on leadership development, making this an incredibly valuable investment for organizations across all industries.
Explore Online Leadership Training
At the University of Minnesota College of Continuing and Professional Studies, we offer online leadership courses for workforce development and professional development leadership training. These courses and certificate programs allow professionals across all industries to build the skills they need to take on higher-level positions within their organizations. By investing in organizational leadership training, you will find that it's easier to maintain consistency during transitional periods and accomplish your long-term goals.
Request more information about our online leadership courses today.
Sources
- How to create and improve your leadership development program (Qualtrics)
- The 70-20-10 Rule for Leadership Development (Center for Creative Leadership)
- Don’t Let Your Company’s Culture Stifle Leadership Development (Harvard Business Review)
- When Designing Employee Learning Programs, Less Is More (Harvard Business Review)
- The Psychological Price of Meetings (Calendar)
- Unmasking the other face of flexible working practices: A systematic literature review (ScienceDirect)
- ‘Zoom Fatigue’ Is Real — Here’s How to Cope (and Make It Through Your Next Meeting (healthline)
- Five Leadership Gaps That Might Hold You Back (LinkedIn)
- Leadership Training: What’s The ROI? (Management Consulted)