In this webinar we discuss five best practices from Fortune 500 companies that have successfully met the challenges faced by today's leaders and offer you tools for implementing leadership development initiatives in your organization. What you'll learn: - Importance of Leadership Development Best Practices including: - Strong executive involvement - Use of tailored leadership competencies - Alignment with the business strategy - A “leaders at all levels” approach www.bizlibrary.com/webinars

1. WAYS TO BUILD A BETTER
LEADERSHIP DEVELOPMENT
PROGRAM

2. Chris Osborn
Vice President of Marketing
cosborn@bizlibrary.com
@chrisosbornstl
Jessica Batz
Marketing Specialist
jbatz@bizlibrary.com
@jessbatz
@BizLibrary
BIZLIBRARY.COM

3. 4,000+ Courses. 25 Topic Areas. Unlimited Access.

4. POLL QUESTION
We have re-evaluated
leadership
competencies for our
organization in the past
6 – 12 months.
A. True
B. False

5. What you’ll
learn:
• Why leadership
development is
important
• Challenges faced
by today’s leaders
• Leadership
development best
practices

6. The number of people aged 65
and older will double between
2010 and 2050.
By 2020, 25% of the
workforce will be older
adults aged 55 and up.
More than 50% will be
Millennials.
U.S. Bureau of Labor Statistics

7. With each generation entering the workplace, a
greater emphasis is placed on continual
development as these new employees know
that they are unlikely to stay more than a few
years;
it’s about what they can develop and acquire to
take to the next stop in the career journey. We
know that effective leaders are one of the most
important influences on levels of engagement.
Rebecca Ray, Employee Engagement in a VUCA World
(research report), New York: The Conference Board, 2011.

8. Challenges Faced By Our Leaders
External
Internal
What do you need your
leaders to do to be successful?
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9. LEADERSHIP THEORIES:
1. Great Man Theories
2. Group Theories
3. Trait Theories
4. Behavioral Theories
5. Contingency/
Situational
6. Excellence Theories
7. Transactional and
Transformational
THE SOCIAL LEADER?

10. Leadership in Your
Organization
Where we are going and why?
VISION
How we will get there?
STRATEGY
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11. LEADERSHIP DEVELOPMENT BEST
PRACTICES
Leadership
Strong executive involvement
Development
Best Practices
Tailored leadership competencies
Alignment with business strategy
Target multiple levels of leadership
Learn by doing
BIZLIBRARY.COM

12. Executive Involvement
Make a clear
connection
between improving
your leadership’s
performance and
improving bottom
line results.

13. Impact on Business
•
•
•
Financial Results
Key Employee
Retention*
Improve
Organizational IQ
* The American
Management Association
estimates that the direct
cost of losing a key
employee is between one
year and 18 months’
salary.

14. Measuring the Impact
•
Employee
engagement
Customer satisfaction
•
•
•
•
•
Retention
Output
Quality
Cost
Time
•

15. Leadership Competencies
• Focus on development
of people
• Look to the future
• Maximize potential
• Focus on growth &
education
• Challenge the status
quo
• PERFORMANCE!!!!!

16. Training focuses on best
practices, while development
focuses on next practices.
The #1 Reason Leadership Development Fails
Mike Myatt, Forbes

17. Leadership Competencies
•
•
•
•
•
Vision
Interpersonal skills
Ability to develop others
Intelligence
Character
Organizational
governance
ETHICS
•
•
•
•
•
Collaboration skills
People development
Digital literacy
Global citizenship
Anticipate the future

18. Align with Business Strategy
• Successors
• High potentials
• Bench strength
• Set standards
• Culture norms
• Develop and engage
employees

19. Target Multiple Levels
Executive Level
Technical or
Professional
Mid-level
Frontline and New

20. EXECUTIVE LEVEL
Higher level leadership skills
such as motivation, strategy
and innovation
Peer to peer collaboration
Highly focused development
plans and executive
coaching

21. TECHNICAL OR
PROFESSIONAL
Leadership fundamentals,
business acumen and
communication skills
Project Management and
formal certification
Learning at the time of need
and on-demand reference
material

22. Major Managerial Skills Gaps
1. Coaching
2. Performance appraisals
3. Developing others
4. Managing change
5. Communications
6. Business acumen
Mid-Level
Leaders
Bersin by Deloitte , Current Capabilities by Role, December 2011
BIZLIBRARY.COM

23. MID-LEVEL
Blended learning supported
by performance support
resources
Learning resources targeted
to their role of managing
other managers
Job rotation and stretch
assignments for growth
Feedback and mentoring

24. FRONTLINE
Leadership fundamentals,
business acumen and
communication skills
Hands-on direction,
mentoring and training
opportunities
Engaging, self-paced,
technology-based learning
solutions
Learning at the time of need
and performance support

25. Learn By Doing
Rotational
Assignments
Action Learning
Projects
Mentoring
Coaching

26. LEADERSHIP DEVELOPMENT BEST
PRACTICES
Leadership
Strong executive involvement
Development
Best Practices
Tailored leadership competencies
Alignment with business strategy
Target multiple levels of leadership
Learn by doing
BIZLIBRARY.COM

27. Excellence in Leadership Program
When leaders understand the big
picture, we are able to work together
more efficiently and produce the best
collection of products and systems
for our customers.
Kristen Nazario, HR Director,
Bally Technologies
BIZLIBRARY.COM

28. Excellence in Leadership Program
Corporate Commitment
Customer Focus
Goal Attainment
Intellect
Leadership
Operational Issues
Personal Interaction
Self-Focus
Values
Gaming 101
Bally Product
BIZLIBRARY.COM

29. Excellence in Leadership Program
“Our Leadership Development Program has contributed to
better collaboration and synergy among departments – we
are a global company that develops, manufactures, and
services numerous systems and products, when leaders
understand the big picture, we are able to work together
more efficiently and produce the best collection of products
and systems for our customers.”
Kristen Nazario, HR Director, Bally Technologies
BIZLIBRARY.COM

30. In a world of learning and development where
complexity is the enemy, BizLibrary has developed a
simple and nimble approach to delivering high
quality learning, anywhere, anytime.
MICHAEL ROCHELLE
Chief Strategy Officer
Brandon-Hall Group
BIZLIBRARY.COM

31. LEADERSHIP LESSON VIDEOS
2-5 minutes long
CEOs, business authors and experts share an action-
oriented key takeaway on very specific topics.
Global business leaders share lessons learned.
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32. Free trial of the BizLibrary Collection
or Demo of Technology Solutions
4,000+ Courses. 25 Topic Areas. Unlimited Access.
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