5 Ways to Build a Better Leadership Development Program - Webinar 05.14.14

WAYS TO BUILD A BETTER

LEADERSHIP DEVELOPMENT

PROGRAM

6,000+ Courses. 25 Topic Areas.

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We have re-evaluated

leadership competencies for

our organization in the past 6 –

12 months.

a. No, we don’t have

established

competencies.

b. No, we haven’t re-

evaluated.

c. No, but we’d like to.

d. Yes, we have.

What You’ll Learn:

1. Why leadership

development is important

2. Challenges faced by

today’s leaders

3. Leadership development best practices

and more than 50% will be

Millennials.

U.S. Bureau of Labor Statistics

The number of people aged 65 and older will

double between 2010 and 2050.

By 2020, 25% of the workforce will be older

adults aged 55 and up…

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

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External Internal

What do you need your

leaders to do to be successful?

Challenges Faced By Our Leaders

Great Man Theories – leaders are born, not made.

Group Theories – leadership emerges in small group settings.

Trait Theories – there are universal leadership traits that can be

taught and learned.

Behavioral Theories – behavior patterns that results in leadership

success.

Contingency/ Situational – leadership behaviors in specific

situations.

Excellence Theories – the interactions between traits, behaviors,

key situations and group facilitations allow people to lead.

Transactional and Transformational – motivation, alignment

and sometimes values.

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Leadership in Your Organization

Where we are going and why?

VISION

How we will get there?

STRATEGY

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Leadership

Development

Best Practices

Strong executive involvement

Tailored leadership competencies

Alignment with business strategy

Target multiple levels of leadership

LEADERSHIP DEVELOPMENT BEST PRACTICES

Learn by doing

Executive Involvement

Make a clear

connection

between improving

your leadership’s

performance and

improving bottom

line results.

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.

Measuring the Impact

• Employee

engagement

• Customer satisfaction

• Retention

• Output

• Quality

• Cost

• Time

Leadership Competencies

• Focus on development

of people

• Look to the future

• Maximize potential

• Focus on growth &

education

• Challenge the status

quo

• PERFORMANCE!!!!!

Training focuses on best

practices, while development

focuses on next practices.

The #1 Reason Leadership Development Fails

Mike Myatt, Forbes

COLLABORATION

LEARNING AGILITY

PEOPLE

DEVELOPMENT

DIGITIAL LITERACY

GLOBAL

CITIZENSHIP

Vision

Interpersonal Skills

Ability To Develop

Others

Intelligence

Character

Align with Business Strategy

• Successors

• High potentials

• Bench strength

• Set standards

• Culture norms

• Develop and engage

employees

Target Multiple Levels

Executive Level

Technical or

Professional

Mid-level

Frontline and New

EXECUTIVE LEVEL

Higher level leadership skills

such as motivation, strategy

and innovation

Peer to peer collaboration

Highly focused development

plans and executive

coaching

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

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

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

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

LEADERSHIP DEVELOPMENT BEST PRACTICES

Learn by doing

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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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Corporate Commitment Customer Focus

Goal Attainment Intellect

Leadership Operational Issues

Personal Interaction Self-Focus

Values Gaming 101

Bally Product

Excellence in Leadership Program

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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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2-5 minutes long

CEOs, business authors and experts share an action-

oriented key takeaway on very specific topics.

Global business leaders share lessons learned.

LEADERSHIP LESSON VIDEOS

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Course: Let Managers Learn From

Their Mistakes

Target: Managers

Course Title:

QuickTalks: Rob Kaplan:

Leadership Lesson: You Must

Ask the Right Questions to

Adapt

Target: Leaders at All Levels

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Free trial of the BizLibrary Collection

6,000+ Courses. 25 Topic Areas.

Unlimited Access.

Improve your employees' performance with the

largest and fastest-growing library of on-demand

training videos and eLearning courses today!

BIZLIBRARY.COM

Chris Osborn

Vice President of Marketing

[email protected]

@chrisosbornstl

Jessica Batz

Marketing Specialist

[email protected]

@jessbatz

@BizLibrary