Is your Leadership Talent Development Program Aligned to Your Business Realities?
Creating goals is easy. Measuring results after the fact is easy. Executing while continuing to engage is another story. And without the full engagement of those that execute these plans,
Outcome Leaders are Execution Masters. Relentless executors translate strategy and vision into operational plans to achieve the desired results. They drive execution of these plans through clear expectations, exceptional communication and leadership that engages employees and compels them to act. These leaders establish high performance standards and hold themselves and others accountable. They are masters at delegating responsibility and authority at the right levels of the organization. Relentless executors find ways to address challenges and remove obstacles to keep moving forward.
Outcome Leaders are Realistic Goal Setters. These leaders establish realistic goals and targets that are clear, measurable and achievable. They involve others to ensure these goals are aligned with the organization’s strategy and vision. These leaders are exceptional at optimizing the efforts of their teams and working with other business units to create synergy, reduce unnecessary work and streamline business processes. They identify potential risks and anticipate problems at the planning stages, so they can develop contingent plans.
Outcome Leaders are Process Reformers. Process reformers are never content with producing anything less than optimum results. The set expectations for quality outcomes by developing common, streamlined work processes that facilitate instead of encumber. They identify and examine core processes on a regular basis and identify areas of improvement. They research best practices, make use of process improvement methodologies and invite feedback from multiple stakeholders to analyze, evaluate and prioritize improvement efforts. These leaders are diligent in ensuring accessible documentation for core processes to facilitate the training of new employees and provide a reference for existing employees.
Outcome Leaders are Astute Financial Managers. Financially astute leaders are exemplary forecasters and use key financial metrics to track trends. They leverage the expertise and financial acumen of their corporate financial department to make well informed decisions to invest the company’s financial resources and excel by conducting “what if” analyses and developing contingency plans to ensure the profitability of new and existing product and services. These leaders understand the levers that pinpoint successful trends and troubling areas and use scorecards, performance checks and monitor progress to redirect efforts when goals are not being met. Astute leaders and understand the benefits of conducting post-audits to glean the lessons that can be applied to future endeavors.
Outcome Leaders are Meeting Masters. These leaders understand that meetings are critical to achieving goals and operations plans and they are role models for running effective meetings. They set clear, achievable agendas and expected outcomes. They identify the critical participants for each meeting to keep meetings short and focused for those in attendance. Their meetings are focused on sharing timely information, clarifying problems, inviting feedback, finding solutions and making informed decisions to achieve desired results. Meeting masters jointly set meeting agendas with participants to get the highest productivity and contribution. These leaders ensure follow-up on items that cannot be completed during the meeting and use meetings as learning and engaging environments for all participants.
Join me next time to explore a variety of opportunities for developing the leadership competencies today's leaders need to excel.
There is no denying that leaders are bombarded with new business realities on a daily basis. Customer expectations are increasingly more demanding. Global competition is fiercer than ever and businesses are expected to operate 24/7, see at the same time technological advances force them to constantly adapt their products and services. The pressure to change business processes and strategy is relentless. Furthermore,
Many leaders are unprepared to deal effectively with today’s challenges and this is the single biggest issue that is causing stress. And organizations aren’t certain where to begin to create leadership development programs that are both effective for the individual and sustainable for the organization.
They are hesitant to invest in expensive and lengthy development programs without assurances those program will have the desired results for both the individuals and the organization. Some struggle to clearly articulate what development is needed, and which is priority. The issue stems from the multitude of skills and talents that are required of leaders to be effective in today’s complex environments. Development is a complex issue and a one size fits all recipe simply won’t work. A new approach that is pragmatic and sustainable is needed to develop current leaders and to fast track the development and integration of new leaders.
A new model for leadership competencies, aligned with your business strategy and goals is needed to achieve the success you need today and tomorrow. And any new model must include an integrated strategy that addresses the development needs of existing and future leaders. Join me next time as I propose such a new model of leadership competencies and development.