5 Ways to Build a Better Leadership Development Program - Webinar 10.09.14

WAYS TO BUILD A BETTER LEADERSHIP DEVELOPMENT PROGRAM

WEBINAR BROUGHT TO YOU BY:

7,000+ COURSES . 25 TOPIC AREAS .

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? We have re-evaluated leadership competencies for our organization in the past 6 – 12 months.

WHAT WE HOPE YOU’LL LEARN

Why leadership development is important

Challenges faced by today’s leaders

Leadership development best practices

By 2020…

25% of the workforce will be aged and up 55

More than will be Millennials

50%

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

CHALLENGES FACED BY OUR LEADERS

UNCERTAINTY SPEED DEMOGRAPHICS

WHAT DO YOU NEED YOUR LEADERS TO DO TO BE SUCCESSFUL?

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

SOCIAL / CONNECTED THEORIES:….

CONTINGENCY/ SITUATIONAL THEORIES: leadership behaviors in specific situations

EXCELLENCE THEORIES: the interactions between traits, behaviors, key situations and group facilitations allow people to lead.

TRANSACTIONAL / TRANFORMATIONAL THEORIES: leadership behaviors in specific situations

LEADERSHIP IN YOUR ORGANIZATION

VISION: Where are we going and why?

STRATEGY: How will we get there?

LEADERSHIP DEVELOPMENT BEST PRACTICES

Strong executive involvement

Tailored leadership competencies

Alignment with business strategy

Target multiple levels of leadership

Learn by doing

Make a clear connection between improving your leadership’s performance and improving bottom line results.

EXECUTIVE INVOLVEMENT

IMPACT ON BUSINESS

FINANCIAL RESULTS

KEY EMPLOYEE RETENTION

IMPROVE ORGANIZATIONAL IQ

MEASURING THE IMPACT

EMPLOYEE ENGAGEMENT CUSTOMER SATISFACTION

RETENTION OUTPUT QUALITY COST TIME

LEADERSHIP COMPETENCIES

FOCUS ON PEOPLE DEVELOPMENT

LOOK TO THE FUTURE

MAXIMIZE POTENTIAL

FOCUS ON GROWTH AND 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 POTENTIAL

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 – motivation, strategy and innovation

Peer to peer collaboration

Highly focused development plans and executive coaching

EXECUTIVE LEVEL

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

TECHNICAL OR PROFESSIONAL

Managing Six Sigma Team Performance Duration: 120 minutes

Coaching

Performance appraisals

Developing others

Managing change

Communications

Business acumen

SOURCE: Bersin by Deloitte , Current Capabilities by Role, December 2011

MID-LEVEL MANAGERS

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

MID-LEVEL MANAGERS

Developing Followers: Developing Yourself as a Leader Empowering Followers

Impedership

Job rotation

Action learning

Task force or project teams

Mentoring

LEADERSHIP DEVELOPMENT BEST PRACTICES

Strong executive involvement

Tailored leadership competencies

Alignment with business strategy

Target multiple levels of leadership

Learn by doing

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

EXCELLENCE IN LEADERSHIP PROGRAM

CORPORATE COMMITMENT

GOAL ATTAINMENT

LEADERSHIP

VALUES

BALLY PRODUCT

CUSTOMER FOCUS

INTELLECT

OPERATIONAL ISSUES

SELF-FOCUS

GAMING 101

OF PARTICIPANTS GRADUATED FROM THE PROGRAM

EXCELLENCE IN LEADERSHIP PROGRAM

80%

EARNED PROMOTIONS WITHIN THREE MONTHS

OF GRADUATING

30% 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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Chris Osborn

Vice President of Marketing

[email protected]

@chrisosbornstl

Jessica Petry

Marketing Specialist

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@JessLPetry

@BizLibrary