FOLLOW Failing to measure results
Many companies understand the importance of developing leadership skills but
do not quantify the value of their investment.
Evaluation of leadership development can include:
Participant feedback that includes set targets. Assessing the extent of behavioral change. Perhaps by a feedback exercise at the start of the program and again 12 months later. Monitoring of participants' career development after the training. Monitor the business impact. It might include cost savings or increased sales. Or, comparing the average productivity of participants' teams before and after a training program.
RELATED ARTICLES & IDEAS
FOLLOW Leadership disrupted: Pushing the boundaries
Leadership development continues to be a significant challenge for companies around the world, as the transition to the new digital organization creates even larger leadership gaps. High-performing leaders today need different skills and expertise than in generations past, yet most organizations have not moved rapidly enough to develop digital leaders, promote young leaders, and build new leadership models.
The biggest risk is not taking any risk. In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.
Skills Needed In Digital Leaders Work together, complement each other, and function as a team. Able to operate on and enable environments that are more dynamic, team-centric, and connected. Lead and build teams and partner with the broader ecosystems, keep people connected and engaged, and drive a culture of innovation, learning, and continuous improvement. Lead a workforce that includes contractors, the contingent workforce, and crowd talent. Understand how different business functions, industries, and technologies come together to form solutions. Comfortable and competent with risk-taking. Demographics And Leadership Destiny Millennials expect to be developed via opportunities, mentoring, and stretch assignments. However that is hard to come by in top-heavy companies.
Most millennials think their roles provide little development while most companies report they have excellent or adequate programs for Millennials.
FOLLOW 6 Ways to Take Control of Your Career Development If Your Company Doesn't Care About It
Executive Summary We are now in the era of do-it-yourself career development. Companies less frequently offer formal training than ever before, so employees at all levels must learn to identify their weaknesses, uncover their blind spots, and strengthen their skills. Here are six things you can do to take control of your career and learning: Understand what you're evaluated on.
Understand Your Performance Evaluation
Find out if your performance evaluation is according to what you understand. Identify your goals and key performance indicators with your manager, and discuss accordingly.
Solve your Blind Spots
Ask for feedback, learn from it and adjust your performance (or behavior) according to the areas of improvement that you get to know from others.
Example: After giving a presentation, talk about what went well and ask if there is something that you could have done better. Keep a Journal
Keeping a journal with a record of your learnings and feedback (areas of improvement) can keep us on the right path, and speed up our progress, and learning too.
Listing out 5 or 10 areas of improvement and tracking the progress in weekly or monthly reviews is a great way to develop your career.
FOLLOW Managers vs. leaders
managers' objectives include providing a more stable organization of the enterprise as a whole, leaders are more driven by the idea of setting new and challenging directions, that coul... Overconfident leaders
Nowadays, we tend to believe that individuals showing too great self-confidence behave this way mainly because they are more qualified than others to get a leadership position.
However, it is often soon afterwards that we come to realize that those very same persons are not competent enough, but only rather narcissistic.
A successful leader
Successful leaders do not only have to work hard, but they should also bear in mind the importance that a motivated team can have in the company's growth.
Moreover, enterprises that encourage the development of their own young employees to positions of leadership get to know profit for longer periods of time.
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