Investing in Leadership Development is the Key to Organizational Growth

Leadership is a responsibility many people desire to take on. While some are innate leaders, most require experience, mentorship, and training to obtain true success in achieving cultural vision while developing team members with the right challenges and guidance. It is more than a title. It is the responsibility of anticipating the future, adapting to change, and attaining specific goals in the face of many obstacles.

 

It is not an easy task, despite some of the overnight success stories we all hear about (which clearly omit struggle to convey a more interesting tale).

 

New demands on leadership require constant learning

 

The 21st century has new demands on leadership that complicate an already challenging career. In addition to traditional leadership skills, leaders must now understand the demands of a technology-driven business environment with new complexities and much ambiguity, along with a changing landscape of customer and talent demographics and cultural differences. Deloitte’s article Leadership for the 21st Century: The Intersection of the Traditional and the New highlights these unique demands with survey results from the 2019 Deloitte Global Human Capital Trends research with CEOs and C-suite executives.

 

  • 81% believe the ability to lead through more complexity and ambiguity is important
  • 65% believe the ability to lead through influence in critical
  • 50% believe the ability to manage on a remote basis is a necessary skill

 

These unique complications for leadership will only continue to evolve, as we saw throughout 2020 and 2021. Leadership development and coaching is critical to achieve success and to maintain it as we move into 2022.

 

Leadership investment: Education and coaching

 

One thing all successful leaders do is invest in their journey, from its very beginnings and throughout their experience. That investment is leadership development through education and coaching. And its returns are exponential.

 

Research demonstrates leadership development’s impact on companies. Courses like the EmC Leaders virtual Leading the Journey to Thriving help leaders of all levels develop core competencies relevant to today’s companies, 21st century challenges, and their desire to develop thriving organizational cultures that enhance productivity, employee satisfaction, company growth, and transparency.

 

  • Leadership development’s impact on companies results in a 25% increase in organizational outcomes (Lacerenza et al, 2017).
  • Over 70% of individuals who receive coaching benefit from improved work performance, relationships and more effective communication skills. – Institute of Coaching
  • A recent study of executive coaching in a Fortune 500 firm reported a 529% return on investment and significant intangible benefits to the business. - MetrixGlobal
  • A third of all Fortune 500 companies utilize executive coaching as standard leadership development for their elite executives and talented up-and-comers. – The Hay Group

 

Invest in leadership

 

New challenges continue to transform the ways we do business and lead our teams. It is more critical than ever to evolve with the times. Leadership education and coaching can guide with continual understanding of changing organizational cultures to better develop leaders as they face continued complexities. Participating in leadership workshops, trainings, and working with coaches can help leaders lead the way to continued organizational growth.

 

Sign up for Leading the Journey to Thriving: Emotional Connection Core Competencies virtual course designed for leaders to learn and apply principles and research-based techniques from the innovative field of attachment and the science of emotional connection for improved team dynamics, communication, and impact.

 

 

Looking for more on this subject? Watch a recorded webinar on The New Science of Leadership.

 

 

Learn more about EmC Leaders solutions to help you develop your leadership skills for 21st century business demands and build thriving teams who succeed together. Request a free consultation to learn how you can develop a robust organizational culture using emotional connection strategies and skills.

 

 

References:

Lacerenza, C., Reyes, D., Marlow, S., Joseph, D., Salas, E. (2017). Leadership Training Design, Delivery, and Implementation: A Meta-Analysis. Journal of Applied Psychology, 102 (12), 1686-1707 Retrieved from researchgate.net