Sunday, May 9, 2010

Leadership Development - 7 Quick Steps to Business Success

I have spent thousands of hours in the business world developing programs to develop leaders. I have also wasted hundreds of hours doing this because some organizations are not ready to develop leaders, do not believe in it, can't afford it or want to spend the money on it. There are a whole host of excuses but to succeed in the business world today and to retain your best talent you better rethink your position. 


A successful leadership development program starts with alignment to company strategy and understanding the leadership style needs. If you are the number 2 person in your organization or have a day-to-day close working relationship with the CEO you should have no problem with this.


Here are sever(7) quick steps that will lead you to business success: 

  1. Develop a leadership style - that is identifying the type of work, complexity of the organization, and qualifications of  the followers. 
  2. Identify your leaders and up and comers - if you know your human capital you would not need someone to tell you who are the leaders
  3. Identify leadership gaps - yes you can do gap analysis all day long but if you understand the business you can see it in plain sight
  4. Develop succession plans - simple to do without all the bells and whistles of expensive on-line cloud computing or software. You can dumb this down if need be or ramp it up based on budget
  5. Develop career plans for the potential leaders 
  6. Develop a leadership roadmap - there should be an end and time frame so the potentials will not walk away because of no action
  7. Develop a retention program
This process is simple or it can be complicated based on your organization. I can tell you from first hand experience if you have a leadership development program that goes no place you will see your human capital walk out the door, that includes your HR team. There can be a lot of hard work that goes into this and if there is no activity and just an exercise you have lost your credibility. So what do you think of that?