How to Develop Leaders
As you seek to nurture the talent that can step confidently and effectively into leadership roles at your organization, do not forget to see that these high potentials develop the underestimated characteristic of bold and creative thinking.
Leadership Bench Strength
We all know how important it is to build leadership bench strength to plan ahead for succession in the most critical roles. Every forward-thinking and responsible executive looks to the future. If these current leaders truly have the interests of their company at heart, they will include in their talent management strategy the grooming of top talent that can succeed them.
Leadership and Organizational Change
Change is the name of the game in today’s global and fast moving marketplace. Sometimes the change is under a leader’s control. But often stuff happens that is out of their control…a technological breakthrough that makes your offering suddenly obsolete (digital cameras nearly sunk Kodak that depended in great part on selling film), a fickle change in styles (cargo pants are now oh-so-passé), a downturn in the economy (the 2008 market crash).
For a company to pick up the pieces and survive after major change, leaders have to think creatively, respond quickly, adapt to the rapid change, and solve the problem at hand. Companies need thought leaders who have the ideas and the courage to move forward. They need to be up to the challenge of changing direction and crafting a new direction.
Expose High Potential Talent
The key is to expose your high potential talent to as many different situations as possible to test their resilience and ability to sort through priorities in an increasingly complex environment.
Prepare New Leaders
Help prepare them for leadership by:
The Bottom Line
They will learn by doing and you, in the meantime, will have an opportunity to observe who is able to both think boldly and then follow through effectively.
To learn more about how to take your leaders to the next level, Download Talent Whitepaper: 1/3rd of the Talent Management Recipe for Success
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