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The following article was published in our article directory on November 27, 2013.
Learn more about SpinDistribute Article Distribution System.
Article Category: Advice
Author Name: Wayne Messick
And when your employees are actively involved with the leadership development strategy they help you and your organization develop sustainable growth and profitability.
I hope your leadership development strategy is one whose focus is on helping your employees realize their full potential.
There are just way too many so-called leaders whose leadership development strategy is really all about them - they are only happy when they look good, meaning that the best of their people leave eventually. Often sooner rather than later.
Are you like that or are you one of the successful business leaders who know full well that a successful leadership development strategy, whether it involves formal training or not, is the key to their organization's long-term success.
An effective leadership development strategy empowers their followers to be more productive tomorrow than they were yesterday.
What type of leadership development strategy development is right for you, internal and external. If you had the staff and resources to offer in-house training for your people you 'd do it, wouldn't you?
Most businesses find this impossible for two reasons, the employees who can and would be the chosen internal trainers are too busy doing what they're being paid to do, their jobs. Or you don't have employees who can bring fresh insights and creative thinking to the table.
What if there was another way, one that helped your people realize their true potential, one that you could begin implementing immediately, and one with few direct and no variable costs linked to it? If that were the case then there would be no reason not to include every member of your organization in the process would there?
Many business owners and senior level managers, people who will never be considered leaders, are under the mistaken impression that knowledge is for them to have and for them to pass down to the troops. In numerous ways they have it upside down.
While they are thinking deep thoughts, strategizing, attending retreats and conferences the people on the shop floor can more directly impact the organization's profitability much more quickly by knowing what their most successful peers are doing in their companies.
Think about it. People in your organization who are actually doing the day-to-day things that impact the company collaborating with people in the same job at leading businesses in your industry. They learn from one another what's working and what's not - all without missing a beat or having to be off site at a time wasting meeting.
An effective leadership development strategy emphasizes competitive intelligence by leveraging what works. No company has the time or money to realize their potential alone.
Information like this, tips and strategies that can add profit to your bottom line, is not universally available to everyone at the same time. Isn't that why you attend trade association meeting, to pick up trends and techniques before it's too late to take advantage of them?
If you are not already doing so, wouldn't it be smart for your company if you took your key managers and supervisors to the next association event where they will have access to programs with their peers, learning about the best practices in their departments?
Before, during and after these programs, they will have the opportunity to network with their counterparts, fellow employees in companies like yours that are located around the country and who are not your competitors.
Then, using the simple peer to peer mastermind collaboration process they could regularly connect with them after everyone returns home, meeting month in and month out to leverage the productive relationships that were created or expanded at the event.
Imagine the possible benefits for your company if you took just 3 managers (with different responsibilities) with you and they each of them connected with five of their peers and began meeting regularly over the phone.
That would be 18 people (your 3 plus 15 of their peers) with their ears to the ground across the country or around the world, creating competitive advantages for one and all in their individual battles with competition! Doesn't this sound like a successful leadership development strategy?
Let's say your production supervisor and five others from companies in your industry convene regularly via a peer to peer mastermind collaboration group.
Their continual systematic injections of wisdom will add more money to the bottom line than almost any other activity your employees can possibly be a part of!
Here is a simple way to leverage your overall leadership development strategy wouldn't it? While they are taking part in the leadership development strategy programs already in place they leverage and extend the life of the learning process by encouraging your participating employees to team up with their peers from the sessions and continue as a peer group.
Your employees will bring new and valuable insights to their specific functions that will make them more effective and they will introduce new ideas from their contemporaries.
Just consider the benefits.
Keywords: leadership development strategy, business development strategies, what are leadership skills, definition of leadership, leadership definition, what is leadership strategy, list of leadership skills, small business strategies
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