How can we and why should we implement leadership development strategies for success?

In the fast-paced world of business, where success hinges on effective leadership, alarming statistics shed light on a pressing concern: a significant percentage of companies doubt their leaders’ capability to nurture future leaders. Coupled with the revelation that over half of managers have received no training since the onset of their careers, the need for revamped leadership development strategies becomes evident. As individuals entrusted with steering the course of organizations, these findings prompt essential questions about personal and team growth. When was the last deliberate effort made to foster personal growth? How frequently are team members empowered to expand their skill sets?

Did you know…

“71% of companies doubt their leaders’ ability to develop future leaders, highlighting the need for revamped strategies, and 56% of managers haven’t received any training since they started their careers” (Sturt & Nordstrom, 2018).

As someone in a position of leadership, these statistics should be alarming, because ultimately, the success of any company falls on the leadership development of those placed in a position of authority.

Some questions to consider for leadership development strategies for success:

1. When is the last time you intentionally placed yourself in a position to grow?
2. When is the last time you intentionally placed your people in a position to grow?
3. How often do you meet with your direct reports to discuss the desired growth in their individual and collective work?

Converge is a great place to start when it comes to personal leadership development and the leadership of your team. Reach out today to have a conversation with Jeff Williamson to make this happen!