5 Actions to Improve Leadership Development in Your Firm

Jun 15, 2010

When it comes to leadership development, sweeping corporate mandates and expensive training initiatives are rarely as effective as consistent blocking and tackling. Your own practices are capable of creating a new and next generation of professionals that carry the right approaches and ultimately innovate and improve upon your achievements.

building leadersWhen it comes to leadership development, sweeping corporate mandates and expensive training initiatives are rarely as effective as consistent blocking and tackling.

Your own practices are capable of creating a new and next generation of professionals that carry the right approaches and ultimately innovate and improve upon your achievements.

5 Actions You Can Take Now To Start a Leadership Revolution in your Firm:

1.  Always strive to set the the example of the effective leader. No one is perfect, but word travels fast through an organization when some one and some team is meeting and beating targets, innovating, problem solving and somehow becoming a magnet for talent from other areas.

2.  Be a relentless developer of talent: your support of the development of others through coaching, feedback, a supply of increasingly more difficult challenges and your encouragement of risk-taking in pursuit of innovation are all powerful tools at your disposal. You don’t need a budget or a training program to do any of this.

3. Encourage your team members to branch out into the organization. The better a developer of talent and the more success that you have at propagating your former team members into roles around the organization, the more likely you are to see your best leadership practices popping up all over the place.

4. Work leadership development into the corporate conversation. Ensure that strategy discussions ultimately encompass talent discussions…because no strategy can be executed without the right talent in place.  Once there is broader awareness, encourage your peers to engage in activities that promote discussions and that lead to actions. An example is the simple, low-cost “leadership book club” activity that I’ve seen work so successfully at the senior and front-line leadership levels. Tie development actions to lessons-learned from the reading activities.

5. Build leadership development accountability into the organization. Hold your managers accountable for proving that they get it and are living it in the prosecution of their jobs.

NOTE: Don’t miss the latest Management Excellence newsletter with newsletter-only features on “Coping with Leadership Fatigue” and “A Summer of Ideas.” Register to receive the newsletter at either Building Better Leaders or at the Management Excellence blog. (Right column)

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