How Leadership Training Works
Every businessperson and business considers continuing training and evaluates the advantages of self-training compared to professional, more structured training. If the training is for key employees or for the whole organisation, internal training will not accomplish the same goals as professionally structured on-site or off-site programs will accomplish. Even for individuals wishing to expand their individual leadership qualities, self-training has many weaknesses. To better understand the shortcomings, we should investigate the processes used by professional leadership trainers.
Developing professional leadership skills should begin with a third-party professional assessment. Most individual and HR departments lack the tools and skills to properly assess the many challenges companies or individuals need to be competitive and gain an edge in today’s global marketplace. These are some of the benefits of a third-party assessment program.
- An evaluation as to capabilities of the organisation’s workforce.
- An assessment of the organisation’s talent and identification of areas in which training is needed. The assessments are developed with the highest standards of reliability and validity.
- Succession planning decisions can be evaluated and recommendations will be submitted.
- A program will be designed to focus the organisation’s training investments on areas with the highest returns.
- The assessment will leverage your talent pool to achieve the organisation’s best competitive advantage.
- A professional assessment will seek to develop leaders at every level of the organisation.
- The assessment will chart a course to build leadership bench strength where it can benefit the company the most.
- Charter a course to raise the skills of the organisation or individual with customised training solutions.
Most individuals or internal departments do not have the ability to accurately and objectively perform this critical assessment. Usually, a leadership training program will utilise several experienced people to assess an organisation.
After The Assessment
Once the assessment is completed, the leadership company such as Adhere will take several steps prior to submitting a plan for development of the group or individual.
If you are like most CEO’s, small business managers and entrepreneurs, you treasure your time and wish you had more of it. A recent study by McKinsey Quarterly polled 1,500 international business leaders. Only 9 percent of these leaders said they were “very satisfied” with their time management abilities.
Some interesting observations came from the McKinsey Quarterly study. 25 percent of small business owners said they would pay $500.00 for one extra hour per day. It doesn’t sound like small business leaders have figured out the best time management techniques…
Business owners and entrepreneurs are turning to business coaching for a variety of reasons. In the profession of business coaching, one size does not fit all. General business solutions can help but business coaching at its best and most effective is a bespoke program.
Small business owners are especially challenged in the current environment. They are struggling to manage tight credit, discover new markets and expand in the face of declining consumer confidence.
Business coaching is used to perfect specific strategies for growth envisioned by the business owner and management. Small business owners often have their own vision for the future of their business.
A business coach can analyse that vision and determine the steps necessary to implement a specific course of action that accomplishes the goals.
Business coaching takes time. Business coaching is a commitment to the sustainability of the business. Business coaching will not succeed without proper goal setting, a worthwhile investment of the busy business owner’s time.
It is easy for the business owner to become distracted. In particular, the small business owner who wears many hats can find many credible reasons to be too busy to invest the necessary time. However, business coaching is often about moving a business from one level to the next. In order to be successful, the business owner must learn to delegate responsibly, often a challenge for the autocratic entrepreneur.
These are difficult times to justify any extra expense but the College of Executive Coaching reports tremendous growth in the business development, training and coaching industry. In fact, 58 percent of UK businesses increased their business development/training budget last year.
Some of the biggest gains were made in the area of small business. In 2011, only 4 percent of UK small businesses retained business coaches and consultants. In 2012, that figure ballooned to an impressive 20 percent. One study states that 79 percent of UK SMEs have used or have considered investing in external business advice. Continue reading
Owning and operating a small business is more demanding than consumers realize, especially if the business is running smoothly. The small business owners works countless hours, fine tunes every aspect of the business and hopefully grows the business to profitability.
What successful small business owners are finding in the 2013 marketplace, is that the strong are not only surviving but growing. Growth may be the result of other business failures or it can be the result of increased demand from unfamiliar markets.
Whether your business is growing or managing to hang on until the economy fully recovers, you know the job you assumed in earlier times is not the job you are filling today. Today’s small business owners and managers have new and exciting challenges and opportunities that often require reshaping the business model and the leadership role.