Nurturing Leadership Excellence: Establishing an Ecosystem for Long-Term Development Programs
Forbes reports that investing in development of managers and then future leaders ranks on top of the organisational development initiatives. In today’s fast-paced, competitive, and completely dynamic business landscape, investing in the development of managers and future leaders has emerged as a top priority for organisations. Also, according to Harvard Business Review, every year companies spend $60 billion annually on leadership development; however, despite the significant financial investments, many organisations are dissatisfied with the return on their efforts. So then, why do investments in certain initiatives often fall short of achieving the desired outcomes? What are the reasons behind the occasional inability of well-trained leaders to effect change, particularly when confronted with entrenched systems and practices? To what extent do power dynamics hinder their ability to shape the system according to their vision?
The answer lies in the complex interplay between participants and the organisations that support them. While participants may struggle to retain and apply their learnings in a meaningful way, organisations must also shoulder the responsibility of creating an environment conducive to driving lasting change. Organisations should ensure that leadership development initiatives lead to transformative outcomes and propel the organisation towards sustainable success. But how can organisations create an ecosystem that translates the success of leadership development programs? Let us deep dive into ways organisations can do that:
1. Provide them with Opportunities of Self-reflection :
While many organisations prioritise the development of technical competencies during leadership interventions, they often overlook the crucial element of self-reflection which needs Patience as a Virtue. To effectively shift their behaviours and add value to the organisation, leaders must first engage in self-reflection, examining their current beliefs, strengths, weaknesses, actions, and assumptions. This process can be facilitated by offering leaders structured opportunities for self-reflection, such as review meetings in which they discuss the successes or failures of one initiative; by asking probing questions leaders can introspect and understand – what belief of theirs or team played a role in the success or failure of the given situation.
These sessions create a space for leaders to critically analyse & review their own behaviours, identify areas for change, and reinforce the learnings imparted during the development interventions. Additionally, encouraging leaders to openly share insights, challenges, and lessons learned from their experiences promotes a culture of continuous learning and growth. Self -reflection enables leaders to make better decisions, empowering their decisions with the right action.
2. Create Psychological Safety :
It is often difficult for managers to confront leaders about change initiatives in an organisation, which is why ideas are not brought to life or changes aren’t executed. It is because organisations lack a ‘psychologically safe environment’ wherein leaders feel comfortable sharing their initiatives or challenging the status quo without fear of social repercussions. Conversely, organisations that allow people to ask for help are more likely to adapt to change faster, innovate and create teams that can handle complexities without bureaucracy.
Organisations must create a safe environment for future leaders where they can share their ideas and challenge the status quo by supporting them and giving them the benefit of doubt for taking on the initiatives and change. Business leaders who act as catalysts encourage the new leaders to take on initiatives and make a positive impact on the organisation through reinforcing their expectations.
3. Lead by Example :
Another way business leaders can create an ecosystem is by leading through example. As the saying goes, Don’t ask your future leaders to do something if you don’t do it yourself. Leaders who model the desired behaviours and values set the tone for the entire organisation and a benchmark for other leaders to follow. In this way, participants are more likely to develop similar qualities when they observe leaders embodying qualities they admire.
Further, their active involvement demonstrates their commitment to the intervention and sets a positive example for participants. Workshops also provide leaders with opportunities to share their experiences, provide guidance, and reinforce the importance of leadership development. A leader who leads by example becomes a champion of change, demonstrating the mindset and behaviours needed for success. By creating a supportive environment, others feel empowered to embrace change, take risks, and adapt.
4. Provide Dedicated Time and Resources :
It is often said that time is the enemy of growth. Managers who enrol in such long-term interventions are often too busy juggling assignments and meetings to devote time to their learning. The task completion mindset wins over the development mindset leading to a loss of value for both the individual’s growth and the organisation investment. Organisations can overcome this mindset by prioritising leadership development interventions and ensuring that participants get enough time to learn.
Through honest and open conversations leaders can understand the participants’ schedules, commitments and responsibilities and gain insights into their specific challenges and priorities. Further, through collaborating with the participant they can help them identify time-saving strategies. This may involve delegating tasks, streamlining processes, eliminating non-essential activities, and re-prioritize work. Through these approaches, organisations can assure that leaders have the dedicated time to balance their responsibilities and learning.
5. Foster a Supportive Network :
The 70:20:10 model of learning and development states that 90% of learning is through observation. In the hybrid work world, a social learning experience helps leaders connect with like-minded people and learn and grow from them. Organisations can facilitate this by creating a support network or community within the organisation to propel the ongoing leadership development of employees. Besides serving as a platform for leaders to understand different perspectives, the network also fosters knowledge sharing and a sense of camaraderie.
Furthermore, by establishing such networks leaders can seek guidance, feedback from their peers to apply them to their own challenges and situations. In addition, they can learn new cognitive skills and behaviours, which ultimately alters their behaviour. By promoting a culture of continuous learning through social interactions, organisations can support rather than dictate the leadership development initiative.
Investing in long-term leadership development interventions is strategic decision organisations make to unlock the full potential of their employees. However, the success of these initiatives relies not only on the participants’ commitment but also on the organisation’s unwavering support throughout the journey. By fostering a culture of growth, organisations can maximise the impact of their leadership development investments. When organisations demonstrate their commitment towards such development initiatives at every step employees also feel motivated to go above and beyond to get to the desired outcomes.
Furthermore, to cultivate growth in the organisation, business leaders need to align their expectations regarding the program with business consultants for it to succeed and lead to desired outcomes. Through proper alignment such programs can lead to deep personal growth and boost the happiness, meaning, and vitality leaders experience at work and in life. Of course, there are no magic bullets when it comes to leadership development programs. At NamanHR, with our approach to align the right leaders in the right place and time we help you lead your organisation towards sustainable success. Talk to our experts today to find if your leadership development initiative is designed to create impact OR create noise: https://bit.ly/3Nscvlz