SlideShare a Scribd company logo
1 of 19
Download to read offline
Your Guide + Workbook to
Developing Employees Into Leaders
HOW?WHY?Intro
The most successful
companies don’t
recruit leaders.
They grow their own.
A leadership shortage is one of the biggest
barriers to growth at companies around the
world. In fact, developing new leaders is the
No. 1 talent challenge facing organizations
worldwide, with 86 percent of companies
rating it as “urgent” or “important.”1
Skilled leaders are in short supply, with
85 percent of executives not confident in
their leadership pipelines.2
of companies say
they do an excellent
job developing
leaders at all levels.
Yikes.
13%
ONLY
1
Deloitte University Press, Leaders at All Levels
2
Development Dimensions International, Global Leadership Forecast, 2014-2015
2Impact Quality Key drivers Goals Buy-in Gaps Culture Champions Tools
HOW?WHY?Intro
These challenges are particularly important as older leaders
retire at accelerating rates and millennials assume leadership
roles. According to Forbes, millennials will comprise 75 percent
of the workforce by 2025. Millennials are no longer the leaders of
tomorrow — they are rapidly becoming the leaders of today.
The data shows that many organizations are not preparing
millennials for management positions. And yet, if millennials aren’t
promoted, there’s a good chance they’ll go elsewhere.
A substantial 66 percent of companies say they’re “weak”
in developing millennial leaders. At the same time, employees
describe opportunities to develop their own leadership skills as
their No. 1 reason for staying with an organization.1
1
Deloitte University Press, Leaders at all levels, 2014
3ToolsChampionsCultureGapsBuy-inGoalsKey driversQualityImpact
HOW?WHY?Intro
Investing in your
talent matters.
We’re experiencing a training gap, not a skills gap.
Companies agree that developing leaders is
critical, and yet research shows they are doing little
about it. Specifically, 61 percent of companies offer
no leadership training. No wonder there is a
leadership shortage.
To sustainably grow, organizations are shifting from
viewing leadership development as a “nice to have”
to a “need to have”. Leadership development programs
are mission critical to organizational success.
Join us in developing the next generation of leaders.
Use this guide to transform the way your leaders are
sourced, developed, and retained.
Three dynamics that
drive successful
leadership development
A culture that identifies and
promotes employees from within
Robust training that actively
develops that talent
A healthy talent pool of
engaged employees
4ToolsChampionsCultureGapsBuy-inGoalsKey driversQualityImpact
HOW?WHY?
Why? How?
This is an interactive workbook
Use the fields in this PDF to take notes, answer
questions, and learn. Go ahead, give it a try!
What’s your name?
Contents
5
Your leaders drive the bottom line1 What are the key drivers?1
Quality talent sticks around2 What are the organization goals?2
How can you get executive team buy-in?3
What are your leadership skills gaps?4
How can you create a learning culture?5
Who are your learning champions?6
What tools will help measure success?7
ToolsChampionsCultureGapsBuy-inGoalsKey driversQualityImpactIntro
HOW?ImpactWHY?
Statistics show that the average organization
is forfeiting over $1 million per year
in untapped potential and lose as much as
50 percent productivity because of
less-than-optimal leadership practices.1
The performance of your
leaders has a massive
impact on your bottom line.
1
1
The Ken Blanchard Companies, The High Cost of Doing Nothing
should you build an organization that invests heavily in its leadership?
Most executives instinctively know that strong leadership
is essential for overall organizational success. However, in
most organizations there is a lack of urgency to improve
leadership skills driven by a belief that an organization’s
current leadership capacity — and subsequent
performance — is good enough. But is it?
Regardless of company size, developing great leaders
deserves investment. That investment serves as a
competitive advantage, as it ensures your managers
are getting the most out of your workforce.
Why
6ToolsChampionsCultureGapsBuy-inGoalsKey driversQualityIntro
HOW?ImpactWHY?
Disengaged employees
cost the U.S. economy up
to $550 billion a year
due to lost productivity.1
Of that, on average
$86 billion annually
in losses results from
disengaged leadership.1
How much are low performing
employees costing your company?
1
Gallup, State of the American Workplace
7ToolsChampionsCultureGapsBuy-inGoalsKey driversQualityIntro
HOW?QualityWHY?
Quality talent sticks around.2
1
Willis Towers Watson, Balancing Employer and Employee Priorities
2
Chicago Tribune, The cost of millennials job hopping
3
Mercer, One in Three Employees Claim to Have a Job Rather than a Career
4
SHRM
It’s not easy to retain top talent. Research shows that 56 percent
of organizations struggle to keep top performing employees.1
Replacing them is even more challenging, costing $20,000 on
average to replace a departed millennial employee.2
Creating an organization that develops
quality talent from within is the
secret sauce for retaining engaged
employees and staying competitive.
The key to retaining your people is providing them with the
professional development they need to advance their career.
This benefits you as well, as it fills your leadership pipeline with
a large pool of strong internal candidates.
78 percent of employees say they’d remain longer with an
employer if they saw stronger career paths.3
Employees who don’t believe
they can achieve their career
goals with a current employer are
12X more likely
to consider leaving.
With new employees, the number
skyrockets to about
30X more likely.4
8ToolsChampionsCultureGapsBuy-inGoalsKey driversIntro Impact
HOW?QualityWHY?
Millennials matter.
They’re rapidly becoming the leaders of today,
but many are not prepared.
By 2025, millennials
will comprise 75% of
the workforce.
of millennial leaders
feel unprepared for their
leadership role.
of companies say they don’t do
an excellent job developing
leaders at all levels.3
1
PWC, Millennial Survey
2
PWC, Millennials at work: Reshaping the workplace
3
Deloitte University Press, Leaders at all levels, 2014
Millennials want to develop as professionals, and while
that feels like a no-brainer, it actually differentiates them
from prior generations. Career progression is their top
desire from a workplace.1
But many do not feel they’re
prepared or receiving the necessary leadership training
to effectively lead.
Use leadership training to develop quality, confident
millennial leaders, as well as to retain them. Help
steer their careers at your organization. Millennials
want to work with purpose, and they want to feel that
their workplace is investing in them. It’s critical for
organizations to recognize the correlation between
leadership development opportunities and high
retention rates.2
75% 65% 87%
9ToolsChampionsCultureGapsBuy-inGoalsKey driversImpactIntro
What are the key
drivers making
leadership training an
organizational priority?
to develop leaders from within.
Developing leaders from within doesn’t happen overnight.
It can take months or years to build a pool of quality
talent. To help jumpstart the process, we’ve put together
a workbook of questions designed to get you thinking
about what an effective leadership program looks like.
There’s a variety of reasons why leadership training
is flagged as a priority. Dig deep to identify what the
key drivers are for your organization. These are a few
examples that we often come across.
•	 An aging workforce. A current cohort of leaders
approach retirement, and new candidates need to
be ready to fill the gap.
•	 First-time managers. A workforce has C-level
executives and VPs, lower level employees, and lots
of first-time managers to upskill for leadership roles.
•	 High attrition rates. An organization suffers high
turnover and needs to retain its current workforce.
•	 Leadership skills gap. An organization has identified
a lack of leadership skills in managers and needs to
course-correct.
How
Your notes:
1
Key driversHOW?WHY? 10ToolsChampionsCultureGapsBuy-inGoalsImpactIntro Quality
GoalsHOW?WHY?
What are the organization goals?2
It’s the role of senior leaders and key stakeholders to determine the specific leadership skills needed
to successfully execute the company’s strategy. Without a clear vision, it’s difficult to inspire new leadership.
Define what success looks like. It’s different for each
organization. For example, a high-growth tech company
may define success as the ability to quickly up-skill
first time managers. Conversely, a government agency
may define success as the ability to teach an aging
workforce new technologies and incorporate them into
their leadership style.
Goal 1:
Goal 2:
Goal 3:
What does success look like for your organization?
Identify organization goals that you’re trying to
accomplish through an effective leadership program.
Examples:
•	 Upskill individual contributors moving into
management roles
•	 Create new products, enter new markets
•	 Ramp up sales operations
•	 Create a flatter corporate structure
11ToolsChampionsCultureGapsBuy-inKey driversImpactIntro Quality
Buy-inHOW?WHY?
How can you get executive team buy-in?3
Success is more likely when senior leadership sees value. Help executives understand short
and long-term pain points that occur when building leaders from within is not made a priority.
Short-term pain points: Long-term pain points:
For tips on how to get executive buy-in, watch our course
Building Business Relationships. In this course, learn how you
can build meaningful rapport, set yourself up for visibility and
success, and develop executive presence.
12ToolsChampionsCultureGapsGoalsKey driversImpactIntro Quality
GapsHOW?WHY?
What are your leadership skills gaps?4
One way to discover leadership skills gaps is by surveying your employees. This gives employees,
both managers and individual contributors, an opportunity to share their voice. It allows you to
measure how employees feel and think about their job, leadership, and the company’s culture —
as well as identify what’s working well and the things that can be done better.
The executive team gives employees a clear
picture of the direction the company is headed.
Example questions focused on leadership
and professional development:
The executive team keeps employees informed
about matters that affect us.
I have had a meaningful career development
discussion with my manager in the last 6 months.
My manager inspires me to do my best work.
I have the opportunity to continually learn and
grow at my organization.
1
Disagree
2
Somewhat
Disagree
3
Neutral
4
Somewhat
Agree
5
Agree
13ToolsChampionsCultureBuy-inGoalsKey driversImpactIntro Quality
CultureHOW?WHY?
How can you create a culture
where learning is valued?
5
Learning experiences are happening daily in your workforce. Do
you have a culture that celebrates learning? Are your employees
empowered to make time to learn? All the training resources in the
world won’t make a difference if you don’t build a strong learning
culture that values self-transformation.
For tips and tricks on how to create a
transformative learning culture, check out our
6 Steps to Create a Culture of Learning guide.
1.
2.
3.
Ideas for empowering employees to learn:
14ToolsChampionsGapsBuy-inGoalsKey driversImpactIntro Quality
ChampionsHOW?WHY?
Who are your
learning champions?
6
To create a learning culture, you’ll need learning
champions to cultivate, motivate and mentor. Learning
champions can be anyone in a leadership role. Often
times you’ll have managers that volunteer to be
champions of learning.
It’s important to acknowledge that part of this process
is teaching managers how to effectively coach.
To ensure learning champions are setup for
success, share with them our course,
Coaching and Developing Employees.
1.
2.
3.
4.
5.
List some of your learning champions:
(Name, Department, Involvement)
15ToolsCultureGapsBuy-inGoalsKey driversImpactIntro Quality
ToolsHOW?WHY?
What tools will help
measure success?
7
Once you’ve defined what success looks like, it’s
time to create a process for measuring overall
performance and growth.
Providing targeted assessments at various stages
of a leadership development program can help
keep future leaders on track. There are a ton
of different assessment types out there, which
measure everything from problem-solving and
decision-making styles to emotional intelligence
to identifying one’s approach to innovation.
PRO TIP:
If you’re using a blended learning
model, online training videos
often include assessments at the
beginning and end of each course.
Use the assessment feature to
measure acquired learning.
Try it yourself — use our
assessment feature in the course,
Body Language for Leaders.
16ChampionsCultureGapsBuy-inGoalsKey driversImpactIntro Quality
HOW?WHY?
By using the tips from this guide, you’re
that much closer to building a culture that
develops and promotes quality leaders.
Whether you’re designing a learning
development program from scratch, or
improving upon a current one, we’re
excited to have you join us in building the
next generation of leaders.
Remember, your leadership is at the heart
of organizational growth. They’re worth
the investment.
Parting thoughts
17ToolsChampionsCultureGapsBuy-inGoalsKey driversImpactIntro Quality
Author
Lindsay Thomson
Content Lead
LinkedIn Learning is a transformative learning solution
that enables individuals and companies to achieve
more. Our goal is twofold: to identify the precise skills
you and your organization need to excel in their career,
and to efficiently deliver relevant, expert-led courses.
The combination of our digital content library of 8,000+
courses and data-driven personalization delivers a
powerful learning experience that transforms how
learners acquire and hone in-demand skills.
Learn more about how LinkedIn Learning can support
your leadership initiatives.
About LinkedIn Learning
Contact us
Lil guide-developing-employees-into-leaders

More Related Content

Recently uploaded

Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...Association for Project Management
 
Q-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITWQ-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITWQuiz Club NITW
 
MS4 level being good citizen -imperative- (1) (1).pdf
MS4 level   being good citizen -imperative- (1) (1).pdfMS4 level   being good citizen -imperative- (1) (1).pdf
MS4 level being good citizen -imperative- (1) (1).pdfMr Bounab Samir
 
Tree View Decoration Attribute in the Odoo 17
Tree View Decoration Attribute in the Odoo 17Tree View Decoration Attribute in the Odoo 17
Tree View Decoration Attribute in the Odoo 17Celine George
 
Narcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdfNarcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdfPrerana Jadhav
 
Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...
Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...
Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...DhatriParmar
 
CLASSIFICATION OF ANTI - CANCER DRUGS.pptx
CLASSIFICATION OF ANTI - CANCER DRUGS.pptxCLASSIFICATION OF ANTI - CANCER DRUGS.pptx
CLASSIFICATION OF ANTI - CANCER DRUGS.pptxAnupam32727
 
Indexing Structures in Database Management system.pdf
Indexing Structures in Database Management system.pdfIndexing Structures in Database Management system.pdf
Indexing Structures in Database Management system.pdfChristalin Nelson
 
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...DhatriParmar
 
4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptx4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptxmary850239
 
Scientific Writing :Research Discourse
Scientific  Writing :Research  DiscourseScientific  Writing :Research  Discourse
Scientific Writing :Research DiscourseAnita GoswamiGiri
 
4.9.24 School Desegregation in Boston.pptx
4.9.24 School Desegregation in Boston.pptx4.9.24 School Desegregation in Boston.pptx
4.9.24 School Desegregation in Boston.pptxmary850239
 
Using Grammatical Signals Suitable to Patterns of Idea Development
Using Grammatical Signals Suitable to Patterns of Idea DevelopmentUsing Grammatical Signals Suitable to Patterns of Idea Development
Using Grammatical Signals Suitable to Patterns of Idea Developmentchesterberbo7
 
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITWQ-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITWQuiz Club NITW
 
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptxDecoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptxDhatriParmar
 
How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17Celine George
 
Congestive Cardiac Failure..presentation
Congestive Cardiac Failure..presentationCongestive Cardiac Failure..presentation
Congestive Cardiac Failure..presentationdeepaannamalai16
 
Concurrency Control in Database Management system
Concurrency Control in Database Management systemConcurrency Control in Database Management system
Concurrency Control in Database Management systemChristalin Nelson
 
Daily Lesson Plan in Mathematics Quarter 4
Daily Lesson Plan in Mathematics Quarter 4Daily Lesson Plan in Mathematics Quarter 4
Daily Lesson Plan in Mathematics Quarter 4JOYLYNSAMANIEGO
 

Recently uploaded (20)

Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
 
Q-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITWQ-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITW
 
MS4 level being good citizen -imperative- (1) (1).pdf
MS4 level   being good citizen -imperative- (1) (1).pdfMS4 level   being good citizen -imperative- (1) (1).pdf
MS4 level being good citizen -imperative- (1) (1).pdf
 
Tree View Decoration Attribute in the Odoo 17
Tree View Decoration Attribute in the Odoo 17Tree View Decoration Attribute in the Odoo 17
Tree View Decoration Attribute in the Odoo 17
 
Narcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdfNarcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdf
 
Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...
Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...
Beauty Amidst the Bytes_ Unearthing Unexpected Advantages of the Digital Wast...
 
CLASSIFICATION OF ANTI - CANCER DRUGS.pptx
CLASSIFICATION OF ANTI - CANCER DRUGS.pptxCLASSIFICATION OF ANTI - CANCER DRUGS.pptx
CLASSIFICATION OF ANTI - CANCER DRUGS.pptx
 
Indexing Structures in Database Management system.pdf
Indexing Structures in Database Management system.pdfIndexing Structures in Database Management system.pdf
Indexing Structures in Database Management system.pdf
 
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
 
4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptx4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptx
 
Scientific Writing :Research Discourse
Scientific  Writing :Research  DiscourseScientific  Writing :Research  Discourse
Scientific Writing :Research Discourse
 
4.9.24 School Desegregation in Boston.pptx
4.9.24 School Desegregation in Boston.pptx4.9.24 School Desegregation in Boston.pptx
4.9.24 School Desegregation in Boston.pptx
 
Using Grammatical Signals Suitable to Patterns of Idea Development
Using Grammatical Signals Suitable to Patterns of Idea DevelopmentUsing Grammatical Signals Suitable to Patterns of Idea Development
Using Grammatical Signals Suitable to Patterns of Idea Development
 
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITWQ-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
 
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptxDecoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
 
How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17
 
Congestive Cardiac Failure..presentation
Congestive Cardiac Failure..presentationCongestive Cardiac Failure..presentation
Congestive Cardiac Failure..presentation
 
Concurrency Control in Database Management system
Concurrency Control in Database Management systemConcurrency Control in Database Management system
Concurrency Control in Database Management system
 
prashanth updated resume 2024 for Teaching Profession
prashanth updated resume 2024 for Teaching Professionprashanth updated resume 2024 for Teaching Profession
prashanth updated resume 2024 for Teaching Profession
 
Daily Lesson Plan in Mathematics Quarter 4
Daily Lesson Plan in Mathematics Quarter 4Daily Lesson Plan in Mathematics Quarter 4
Daily Lesson Plan in Mathematics Quarter 4
 

Featured

How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Applitools
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at WorkGetSmarter
 

Featured (20)

How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work
 
ChatGPT webinar slides
ChatGPT webinar slidesChatGPT webinar slides
ChatGPT webinar slides
 

Lil guide-developing-employees-into-leaders

  • 1. Your Guide + Workbook to Developing Employees Into Leaders
  • 2. HOW?WHY?Intro The most successful companies don’t recruit leaders. They grow their own. A leadership shortage is one of the biggest barriers to growth at companies around the world. In fact, developing new leaders is the No. 1 talent challenge facing organizations worldwide, with 86 percent of companies rating it as “urgent” or “important.”1 Skilled leaders are in short supply, with 85 percent of executives not confident in their leadership pipelines.2 of companies say they do an excellent job developing leaders at all levels. Yikes. 13% ONLY 1 Deloitte University Press, Leaders at All Levels 2 Development Dimensions International, Global Leadership Forecast, 2014-2015 2Impact Quality Key drivers Goals Buy-in Gaps Culture Champions Tools
  • 3. HOW?WHY?Intro These challenges are particularly important as older leaders retire at accelerating rates and millennials assume leadership roles. According to Forbes, millennials will comprise 75 percent of the workforce by 2025. Millennials are no longer the leaders of tomorrow — they are rapidly becoming the leaders of today. The data shows that many organizations are not preparing millennials for management positions. And yet, if millennials aren’t promoted, there’s a good chance they’ll go elsewhere. A substantial 66 percent of companies say they’re “weak” in developing millennial leaders. At the same time, employees describe opportunities to develop their own leadership skills as their No. 1 reason for staying with an organization.1 1 Deloitte University Press, Leaders at all levels, 2014 3ToolsChampionsCultureGapsBuy-inGoalsKey driversQualityImpact
  • 4. HOW?WHY?Intro Investing in your talent matters. We’re experiencing a training gap, not a skills gap. Companies agree that developing leaders is critical, and yet research shows they are doing little about it. Specifically, 61 percent of companies offer no leadership training. No wonder there is a leadership shortage. To sustainably grow, organizations are shifting from viewing leadership development as a “nice to have” to a “need to have”. Leadership development programs are mission critical to organizational success. Join us in developing the next generation of leaders. Use this guide to transform the way your leaders are sourced, developed, and retained. Three dynamics that drive successful leadership development A culture that identifies and promotes employees from within Robust training that actively develops that talent A healthy talent pool of engaged employees 4ToolsChampionsCultureGapsBuy-inGoalsKey driversQualityImpact
  • 5. HOW?WHY? Why? How? This is an interactive workbook Use the fields in this PDF to take notes, answer questions, and learn. Go ahead, give it a try! What’s your name? Contents 5 Your leaders drive the bottom line1 What are the key drivers?1 Quality talent sticks around2 What are the organization goals?2 How can you get executive team buy-in?3 What are your leadership skills gaps?4 How can you create a learning culture?5 Who are your learning champions?6 What tools will help measure success?7 ToolsChampionsCultureGapsBuy-inGoalsKey driversQualityImpactIntro
  • 6. HOW?ImpactWHY? Statistics show that the average organization is forfeiting over $1 million per year in untapped potential and lose as much as 50 percent productivity because of less-than-optimal leadership practices.1 The performance of your leaders has a massive impact on your bottom line. 1 1 The Ken Blanchard Companies, The High Cost of Doing Nothing should you build an organization that invests heavily in its leadership? Most executives instinctively know that strong leadership is essential for overall organizational success. However, in most organizations there is a lack of urgency to improve leadership skills driven by a belief that an organization’s current leadership capacity — and subsequent performance — is good enough. But is it? Regardless of company size, developing great leaders deserves investment. That investment serves as a competitive advantage, as it ensures your managers are getting the most out of your workforce. Why 6ToolsChampionsCultureGapsBuy-inGoalsKey driversQualityIntro
  • 7. HOW?ImpactWHY? Disengaged employees cost the U.S. economy up to $550 billion a year due to lost productivity.1 Of that, on average $86 billion annually in losses results from disengaged leadership.1 How much are low performing employees costing your company? 1 Gallup, State of the American Workplace 7ToolsChampionsCultureGapsBuy-inGoalsKey driversQualityIntro
  • 8. HOW?QualityWHY? Quality talent sticks around.2 1 Willis Towers Watson, Balancing Employer and Employee Priorities 2 Chicago Tribune, The cost of millennials job hopping 3 Mercer, One in Three Employees Claim to Have a Job Rather than a Career 4 SHRM It’s not easy to retain top talent. Research shows that 56 percent of organizations struggle to keep top performing employees.1 Replacing them is even more challenging, costing $20,000 on average to replace a departed millennial employee.2 Creating an organization that develops quality talent from within is the secret sauce for retaining engaged employees and staying competitive. The key to retaining your people is providing them with the professional development they need to advance their career. This benefits you as well, as it fills your leadership pipeline with a large pool of strong internal candidates. 78 percent of employees say they’d remain longer with an employer if they saw stronger career paths.3 Employees who don’t believe they can achieve their career goals with a current employer are 12X more likely to consider leaving. With new employees, the number skyrockets to about 30X more likely.4 8ToolsChampionsCultureGapsBuy-inGoalsKey driversIntro Impact
  • 9. HOW?QualityWHY? Millennials matter. They’re rapidly becoming the leaders of today, but many are not prepared. By 2025, millennials will comprise 75% of the workforce. of millennial leaders feel unprepared for their leadership role. of companies say they don’t do an excellent job developing leaders at all levels.3 1 PWC, Millennial Survey 2 PWC, Millennials at work: Reshaping the workplace 3 Deloitte University Press, Leaders at all levels, 2014 Millennials want to develop as professionals, and while that feels like a no-brainer, it actually differentiates them from prior generations. Career progression is their top desire from a workplace.1 But many do not feel they’re prepared or receiving the necessary leadership training to effectively lead. Use leadership training to develop quality, confident millennial leaders, as well as to retain them. Help steer their careers at your organization. Millennials want to work with purpose, and they want to feel that their workplace is investing in them. It’s critical for organizations to recognize the correlation between leadership development opportunities and high retention rates.2 75% 65% 87% 9ToolsChampionsCultureGapsBuy-inGoalsKey driversImpactIntro
  • 10. What are the key drivers making leadership training an organizational priority? to develop leaders from within. Developing leaders from within doesn’t happen overnight. It can take months or years to build a pool of quality talent. To help jumpstart the process, we’ve put together a workbook of questions designed to get you thinking about what an effective leadership program looks like. There’s a variety of reasons why leadership training is flagged as a priority. Dig deep to identify what the key drivers are for your organization. These are a few examples that we often come across. • An aging workforce. A current cohort of leaders approach retirement, and new candidates need to be ready to fill the gap. • First-time managers. A workforce has C-level executives and VPs, lower level employees, and lots of first-time managers to upskill for leadership roles. • High attrition rates. An organization suffers high turnover and needs to retain its current workforce. • Leadership skills gap. An organization has identified a lack of leadership skills in managers and needs to course-correct. How Your notes: 1 Key driversHOW?WHY? 10ToolsChampionsCultureGapsBuy-inGoalsImpactIntro Quality
  • 11. GoalsHOW?WHY? What are the organization goals?2 It’s the role of senior leaders and key stakeholders to determine the specific leadership skills needed to successfully execute the company’s strategy. Without a clear vision, it’s difficult to inspire new leadership. Define what success looks like. It’s different for each organization. For example, a high-growth tech company may define success as the ability to quickly up-skill first time managers. Conversely, a government agency may define success as the ability to teach an aging workforce new technologies and incorporate them into their leadership style. Goal 1: Goal 2: Goal 3: What does success look like for your organization? Identify organization goals that you’re trying to accomplish through an effective leadership program. Examples: • Upskill individual contributors moving into management roles • Create new products, enter new markets • Ramp up sales operations • Create a flatter corporate structure 11ToolsChampionsCultureGapsBuy-inKey driversImpactIntro Quality
  • 12. Buy-inHOW?WHY? How can you get executive team buy-in?3 Success is more likely when senior leadership sees value. Help executives understand short and long-term pain points that occur when building leaders from within is not made a priority. Short-term pain points: Long-term pain points: For tips on how to get executive buy-in, watch our course Building Business Relationships. In this course, learn how you can build meaningful rapport, set yourself up for visibility and success, and develop executive presence. 12ToolsChampionsCultureGapsGoalsKey driversImpactIntro Quality
  • 13. GapsHOW?WHY? What are your leadership skills gaps?4 One way to discover leadership skills gaps is by surveying your employees. This gives employees, both managers and individual contributors, an opportunity to share their voice. It allows you to measure how employees feel and think about their job, leadership, and the company’s culture — as well as identify what’s working well and the things that can be done better. The executive team gives employees a clear picture of the direction the company is headed. Example questions focused on leadership and professional development: The executive team keeps employees informed about matters that affect us. I have had a meaningful career development discussion with my manager in the last 6 months. My manager inspires me to do my best work. I have the opportunity to continually learn and grow at my organization. 1 Disagree 2 Somewhat Disagree 3 Neutral 4 Somewhat Agree 5 Agree 13ToolsChampionsCultureBuy-inGoalsKey driversImpactIntro Quality
  • 14. CultureHOW?WHY? How can you create a culture where learning is valued? 5 Learning experiences are happening daily in your workforce. Do you have a culture that celebrates learning? Are your employees empowered to make time to learn? All the training resources in the world won’t make a difference if you don’t build a strong learning culture that values self-transformation. For tips and tricks on how to create a transformative learning culture, check out our 6 Steps to Create a Culture of Learning guide. 1. 2. 3. Ideas for empowering employees to learn: 14ToolsChampionsGapsBuy-inGoalsKey driversImpactIntro Quality
  • 15. ChampionsHOW?WHY? Who are your learning champions? 6 To create a learning culture, you’ll need learning champions to cultivate, motivate and mentor. Learning champions can be anyone in a leadership role. Often times you’ll have managers that volunteer to be champions of learning. It’s important to acknowledge that part of this process is teaching managers how to effectively coach. To ensure learning champions are setup for success, share with them our course, Coaching and Developing Employees. 1. 2. 3. 4. 5. List some of your learning champions: (Name, Department, Involvement) 15ToolsCultureGapsBuy-inGoalsKey driversImpactIntro Quality
  • 16. ToolsHOW?WHY? What tools will help measure success? 7 Once you’ve defined what success looks like, it’s time to create a process for measuring overall performance and growth. Providing targeted assessments at various stages of a leadership development program can help keep future leaders on track. There are a ton of different assessment types out there, which measure everything from problem-solving and decision-making styles to emotional intelligence to identifying one’s approach to innovation. PRO TIP: If you’re using a blended learning model, online training videos often include assessments at the beginning and end of each course. Use the assessment feature to measure acquired learning. Try it yourself — use our assessment feature in the course, Body Language for Leaders. 16ChampionsCultureGapsBuy-inGoalsKey driversImpactIntro Quality
  • 17. HOW?WHY? By using the tips from this guide, you’re that much closer to building a culture that develops and promotes quality leaders. Whether you’re designing a learning development program from scratch, or improving upon a current one, we’re excited to have you join us in building the next generation of leaders. Remember, your leadership is at the heart of organizational growth. They’re worth the investment. Parting thoughts 17ToolsChampionsCultureGapsBuy-inGoalsKey driversImpactIntro Quality
  • 18. Author Lindsay Thomson Content Lead LinkedIn Learning is a transformative learning solution that enables individuals and companies to achieve more. Our goal is twofold: to identify the precise skills you and your organization need to excel in their career, and to efficiently deliver relevant, expert-led courses. The combination of our digital content library of 8,000+ courses and data-driven personalization delivers a powerful learning experience that transforms how learners acquire and hone in-demand skills. Learn more about how LinkedIn Learning can support your leadership initiatives. About LinkedIn Learning Contact us