One
can work magic inside organizations when one views leadership
training as a process, not an event.
Anonymous
Leadership development can be a difficult, tough
road to travel. Below are some of the better resources we have
found on different
aspects of organizational leadership development.
The
best organizations in the world have long realized that leaders
must be grown, cultivated and nourished. To not due
so risks falling into decline as dictated by the organizational
life cyle.
Presented below are some of the recent insights
from articles all over the world addressing organizational leadership
development and organizational performance.
While it is
nearly impossible to do an ROI
calculation on leadership development, a number of studies
and books have repeatedly found
a positive
relationship between organizational leadership development and
organizational performance (see below).
This
was documented in a 2003 study that asked 1900 professionals
who helped troubled companies. These individuals were asked
to identify the most common reasons businesses get into trouble
or failed.Reasons
included:
Factor*
%
Too
much Debt
28%
Inadequate
Leadership
17%
Poor
Planning
14%
Failure
to Change
11%
Inexperienced
Management
9%
Not
Enough Revenue
8%
*Source:
Buccino and Associates: Seton Hall University Stiffman
School of Business, As reported in August 25, 2003, Business
Week.
Adding the "inadequate leadership" and "failure to change" categories
together means that about 30% of the reasons for looming bankruptcy are due
to managers who cannot lead.
Organizational Performance and Leadership Development
Organizational
leadership development works as a method of enhancing
organizational performance. However, a number of factors
within the control of management can prevent organizations
from realizing any kind of meaningful benefits.
International
Study: Watson Wyatt: Leadership: The Critical Key to
Financial Success
U.S.
Study. Top U.S. Companies For Leadership. A summary of
some of the leadership practices at the top organizations
for leadership development.
Hewitt
Data. Even in Asia, leadership development
and having a large number of leaders makes a difference.
Corporat Boards. Often boards adapt a hands off approach to leadership development, figuring the CEO will assume this responsibility. This is not a good assumption.
Some studies, however, have found success to
be elusive.
US
Article: SHRM: Who's Next? Creating a formal program
for leadership development can pay huge dividends, but
many firms aren't reaping the reward
Leading
the Way. The book talks about practical tools for leadership
development starting with the Board of Direcectors.
Best Leadership Practices. This article is about a Canadian organization and the practices they instill inside the organization.
How Companies Generate Leaders, Fortune, September 2007. The top companies have figured out something the rest have yet to learn—i.e sustainable competitive advantage depends on leadership development.
One of the more comprehensive, academic sources
on leadership
development is Carter McMamara's page titled "Leadership
Development Planning." It contains a number of sources to help
one develop The Plan.
Leadership
Development Magazine is an on-line magazine that started
publishing in late 2006. It bills itself as the a source
of "practical ways to do things right." Articles
come out each month by a number of different authors.
On
Leadership: Both executive training methods can help Pittsburgh Post Gazette -
Pittsburgh,PA,USA, September 18, 2004 The article mentions that corporate investments
in executive leadership development are at an all-time high
and
covers two general methods
currently in vogue.
The
Pitfalls of Executive LeadershipMarketingProfs, I've worked at companies with smart, charismatic
leaders who have run a good idea right into the ground.
A leader without a sound strategy is like a guide without
a compass.
. .
Why
Most Managers Can't Lead, eMediaWire, Why most
managers have never learned leadership. Leadership can be
learned, but it takes time, effort, intention,
and a sin.
Poll:
Companies Face Leadership Vacuum. SmartPros Editorial Staff, Global companies need more effective executive
leaders and better leadership development, according to
a poll of 200 global human resource executives.
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us by email for a free consultation. Or leave a message on our voicemail system 24 hours a day. Call 1-805-409-0180.
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