Develop a presentation proposal related to your current view of leadership. Identify a specific area of leadership and discuss your rationale for selecting this topic. Use 3-4 references to support the introduction and the benefits of this presentation to the leadership environment.
The proposal should be 3-5 slides reviewing the intended topic and your rationale for selection.
What is leadership development?
Leadership development is the process of improving leadership skills and competencies through various activities.
In leadership development, staff at all levels are taught the invaluable leadership skills that allow them to properly lead, inspire and guide their teams to success.
This type of development is important to properly cultivate a culture of leadership throughout an organization.
Leadership development training can take on many forms, both on-site, such as internal training and mentorship programs, and off-site, such as training seminars, conferences, online training, or graduate programs.
To effectively action leadership development, an organization should create a leadership development plan.
This plan will lay out the steps that the organization will take, what is expected of staff who undergo this development, and how the development will help both the organization and the staff.
Why is leadership development important?
Leadership development benefits an organization in a multitude of ways.
1. It drives better business results
Including higher financial performance and more consistent achievement within departments guided by proficient leaders.
2. Skilled leaders are more agile
An organization with empowered leaders can navigate today’s complex business environment and solve problems quickly and effectively.
3. Good leadership drives innovation
A workforce with effective leaders will be inspired to believe in, and work for, a greater vision.
4. Skilled leaders attract and keep employees
Good leadership can inspire higher engagement from their staff and reduce turnover. A great leader will attract talented new employees and will be able to keep the ones that they have, which leads to better work satisfaction.
5. Improves employee engagement
More than half of American workers are disengaged at work. Effective leadership that knows how to increase engagement within teams using purpose and recognition has been shown to increase profitability within an organization.
6. Improves communication inside and outside the organization
Good communication can make or break a company. If the leaders within a company make effective communication a priority, it leads to increases in productivity, better speed of execution of tasks, and a more positive organizational culture.
7. Improves Customer retention
Customers will be more loyal when leaders are effective in engaging employees. Leading by example improves the customer experience.
8. Increases employee loyalty
Inhouse leadership development inspires loyalty from employees, as it shows that there are growth opportunities available for them. It is also cheaper, and requires less time, than finding, hiring and training leaders from outside.
9. Proper leadership development strategy fuels business strategy
A properly developed leadership development strategy is an invaluable tool for driving and achieving the organization’s business strategy. In taking the time to understand what your organization needs from its leaders, you will better understand the business strategy that will work best for you. These two strategies go hand-in-hand, developing one will help in achieving the other.
No matter the industry, every organization can benefit from developing leadership skills from within their organization and prioritizing leadership in their company culture.
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