How do we help all leaders succeed every time they face a leadership moment? Executive Consultants Kim Arellano and Ellen Foley shared some fresh thinking on this topic in a recent webinar. Here are the top four takeaways from the full session.
You can listen to the recording by clicking here.
1. The number of inexperienced managers entering the workforce is growing, and they are in need of development.
It isn’t news that more Millennials are stepping into leadership roles. However, what is different about today is the environment they’re coming into as leaders. Baby Boomers and Gen Xers are teaching Millennials leadership principles based on the old methods they learned as they were building their careers, but this is a new workforce. We need to continue to think differently about leadership development and how to adapt leadership principles to new age environments.
2. 90% of CEOs feel their organizations are vulnerable because of talent development deficiencies.
And that’s just them thinking of their current situation. Think of a few years down the road and how this statistic will grow if nothing changes. We’ve already covered how we need to think differently about leadership development to make progress, now is the time to put this into action. This means we may need to push ourselves to try different approaches to enable leadership success.
3. Our resources are very scarce in the learning and development industry compared to the amount of people we serve.
During a live poll among webinar participants, 58% stated smaller discretionary budgets as the #1 resource constraint their organization is experiencing. This was along with responses such as less leader availability, challenge of managing new modalities, and fewer L&D professionals. In fact, we heard an example from a participant that there was 1 of him compared to 1300 employees to serve!
4. We need to give leaders the tools to succeed every time they face a coaching moment.
Some leaders are visual learners, some interactive, some prefer mobile-based and some enjoy gamification to learn. With the widespread of learning types and the shrinking time learners put to developing their skills, how do we help leaders on a large scale? We need to give them the options they need. AchieveForum is developing several new products to fill this gap – AchieveForum Alliance and Everyday Coaching. Our new member organization AchieveForum Alliance provides an abundance of leadership development material along with resources and forums to advance best practices for enabling leadership success. The Alliance leverages the collective knowledge and productive power of many organizations to greatly exceed what’s available to an individual firm. EveryDay Coaching, launching soon, is a just-in-time performance solution to provide leaders with the knowledge and tools needed coach often, coach well, and coach with purpose.
For more insights, listen to the full webinar here.