Are your leadership programs making a measurable business impact?
LSA Global won the Bersin Leadership Development Excellence Award by using action learning for leaders at a leading Financial Services firm to develop key high potential leaders while driving $13m to their bottom line.
Are your leadership development programs having a big enough impact?
LSA Global, the premier consulting, training, and coaching firm that aligns organizational culture and talent with business strategies to get measurable business results, today announced that their client, Redwood Trust (NYSE: RWT), was selected by Bersin & Associates as the Learning Leader in the Leadership Development Excellence category.
The prestigious award recognizes organizations that have developed and implemented best practice approaches to employee learning and talent management resulting in significant business improvement.
According to Bersin & Associates, Redwood Trust was saluted “for its integrated leadership development, role realignment, and performance systems — all part of an initiative to change how the company develops talent. The effort includes programs which put emerging executives into actual business challenges.”
According to Tristam Brown, Chairman & CEO of LSA Global, “Redwood’s Leadership initiative exemplifies LSA’s action learning approach to leadership development that drives meaningful business results while simultaneously building leadership capabilities. In Redwood’s case, the results added up to a $13 million dollar increase to their bottom-line over 18 months.”
While those results may seem extraordinary for a leadership development initiative, Brown noted they are the result of designing an action learning leadership solution that is executed within the context of achieving a company’s key strategic objectives.
This Action-Learning approach to Leadership Development puts managers and executives into situations that are highly relevant to the current and future success of the individual and the company. The action-learning process is designed around the real work of executives and has a strong results-based format. Brown explains that “LSA’s three foundational programs at Redwood included:
Each of these programs places leaders in situations where they must make meaningful executive-level decisions and take important executive actions. The highly customized programs also provide an ideal platform for Senior Leaders to share their knowledge, coach, and mentor developing executives.”
Brown continues, “While developing executives’ ability to execute on Redwood’s strategy was a prominent component, institutionalizing Redwood’s unique culture, leadership, and organizational values were equally as important. To insure this leadership legacy, LSA has helped executives at all levels improve their coaching capabilities, developed a behavioral 360 degree survey that provides leadership feedback, and designed a performance measurement system that facilitates performance alignment and coaching conversations.
The end result is a high performance environment where individuals are responsible for their performance and leaders are true facilitators of learning and development.”
The Bersin & Associates report, “Learning Leaders: Lessons from the Best,” provides an in-depth look at the best practices of the 25 award winning companies, including Redwood Trust in the Leadership Development Excellence category.
Read the full case study here.
Doug Hansen | President and Director | Redwood Trust
“It was a challenge to find a consultant with an approach to performance improvement that fit our unique culture and style.
When we met with LSA we were surprised to discover their depth of expertise in the fields of motivation, developmental coaching, performance management and measurement.
Specifically, we were pleasantly surprised to find a company that could seamlessly integrate those three components without our folks feeling like the intervention was forced. LSA understood what we were trying to accomplish, helped us clarify our objectives, created a solid, refreshing approach that quickly got us moving with engaged people at all levels.
As they began to implement, I was thoroughly impressed with how they listened and made adaptations focused on our needs and business objectives. Overall, I couldn’t be happier that we found a true business partner in LSA Global.”
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