Most Companies Need to Develop Better Leaders
Unfortunately, most corporate leaders are not ready to lead their teams or to make effective decisions when the stakes are high. Research by CEB found that almost two-thirds of new leaders underperform during their first two years, and only 1-in-10 respondents to a recent McKinsey survey said their companies are effective at preparing leaders to lead. Our own leadership simulation assessment data tells us that companies need to develop better leaders if they wish to achieve their business AND people objectives.
Whether you are new to your leadership role or you have had lots of experience leading others, wouldn’t you agree that you can always get better? In looking at the best corporate leaders we have come across in more than three decades working with clients from a variety of organizations, small and large, and representing multiple industries, we have compiled a list of “basics” for what it takes to be better at leading others.
The Mindset of a Great Leader
If you aim to be admired by your workers as a great leader and to fully engage them in the purpose of your organization, you first need to show up as a leader with the right mindset and attitude that commands respect and loyalty because you care about your team, are open to new ideas and learning, communicate clearly, have integrity, focus on developing others, and have a knack for seeing the big picture.
The Bottom Line
Effective leaders become so over time and with conscious effort and support. With a clear picture of what it takes to develop a better leader, how does your leadership development program compare?
To learn more about how to develop better leaders, download How to Fast Track Your Leaders with Just-in-Time Action Learning
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