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07 March 2017

Low Cost Leadership Development And Its Importance

By Gary Smith


Companies are always in need of good leaders, but developing these from the talent pool or searching them out for recruitment takes time and resources to do. The competition for skilled personnel who can manage and provide guidance for departments or teams is intense. In this day and age, these are considered the tactical or strategic game changers that play the game on a daily basis.

Leaders are not born but made, trained to be the movers and shakers in the business environment. Low cost leadership development is something that is organic to an organization, and a much needed resource today. It is also a program made to search out, monitor and guide talent in preparation for bigger roles.

For most companies, the necessity is for fitting candidates into conflated roles, to make them work for bigger stakes. There is also need for fitting them into culture and mission, so that it will take time to develop them, and this can fail when rushed. Management always studies the lay of the land and make programs for the creation of leaders, and should have a very flexible view on these matters.

Diversity, innovation, flexibility and vision are the needed drivers for this kind of program. And to save on spending for it entails the need for starting out right where everything starts for most everyone. And this should be at the entry level, while recruitment for midcareerists should be limited, because this is one thing that makes development costlier.

Organizations should keep a system of leadership mentoring that starts with recruitment, HR or personnel departments. This means that the eye for leaders is something basic in hiring, and it is a must to tag those hires specifically taken for future leadership roles. In this way development is organic to any organization.

In attracting established leaders from other organizations, your company probably has some things in mind. This might be a recruitment thing, but the need here is also a developmental thing. From the start, these candidates need to connect to your vision of what they could be and should be for your company, and this takes some development to do.

This is the costliest of processes and are specific and targeted so that it is not done often. Also, the benefits of having these people in should be weighed against the costs. This means that these have the most potential of creating success for your company and they should be able to deliver on this almost from the start.

Volunteerism and initiatives based work should also be part of the running of your company. These enable your people to know what they can do based on their own understanding of their skills. And when they display an interest for getting into leadership positions, some benefits and relevant training for more skills should be offered for those who pass the qualifications.

Getting to know the people who can fill leadership roles is something basic to your company. Step ups must be acceptable to everyone, while direct hires stand a good chance of turning into bad decisions, so balance is only achievable in well run organizations. A company must always be on its toes for using its strengths and eliminating its weaknesses in this area.




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