Considering recent changes around the world, leadership development training is probably more important than ever before.

Change is often hard and even unwanted, but effective leaders can keep employees excited about change, engaged, informed and productive.


Steering Knowledge And Business Acumen:

A study by Economist Intelligence Unit found a correlation “between companies that do better at [strategy] implementation and those that focus more heavily on obtaining the requisite business and leadership skills.” Building this knowledge is a responsibility that rests squarely on the shoulders of leaders. Continuous development is required for leaders to improve engagement and develop the right approaches for nurturing knowledge transfer, innovation and decision-making skills.


Building Innovation And Agility:

Business models of the past are being upended. Companies are switching to newer niches as economic shocks and social-political crises continue to hit. The fast-paced wave of technology similarly demands readiness in terms of implementing new forms of product and service delivery. The story of Nokia serves as a perfect reminder.


Sustaining Passion And Drive In Every Stage Of Strategy Execution:

Leaders shape a successful strategic transformation by creating driven teams. It is possible to amplify employee morale and build cohesiveness in teams and collaboration in departments. This process begins with encouraging engaging, expanding perspectives; letting power and autonomy trickle down; and encouraging exceptional ideas.


Visioning And Leading The Strategic Direction:

95% of organizations are investing in leadership training development as a solution for the social, cognitive and functional roadblocks on the path of change. They have realized that the right leadership team can steer a unified strategy to change. Training can create leaders who effectively manage change communication and ensure that the transition is widely supported.


Strategic Exposure:

Leadership training development improves the strategic exposure of employees, who earn the cross-functional abilities needed for smoother transitions. Further, the training strengthens collaboration and reduces conflicts. The result is improved participation in the change process from frontline and mid-level employees. These individuals are rich sources of data and knowledge of your business processes. 


Leveraging Rationale And Emotions:

A company’s estimations of revenue growth and market reach can sound abstract and unrelatable. The best leaders know how to reach people emotionally when communicating this information. They do so by creating calls to action that inspire and captivate hearts and minds. Using business simulations within leadership development can help make that inspiration possible.


Leading Outside Conventional Lines:

Rigidity in organizational structures and leadership styles is another factor to blame for stagnation in strategic change. Leaders need fresh approaches that transcend “cut-and-paste” methods of change management. 

Original Article Source: trainingindustry.com - Writer: Bill Hall