Some say good leaders are born, not made. Others would say the opposite is true. Either way, it has become glaringly clear that good leadership practices have a direct impact on the success of a company.
As business continues to evolve at an accelerated rate, management often tends to focus only on the ‘here and now’ and can sometimes pay less attention to the essential long term elements that can drive lasting success. One of those essential elements, which has increasingly become a larger issue, is leadership and coaching development.
Research has shown that there is an absolute connection between the quality of an organization’s leadership and future intentions by employees to stay with an organization, perform at high levels and apply their best effort. With superior leadership, work passion, customer devotion, productivity and overall morale increases which has been proven to dramatically improve a company’s bottom line.
Most organizations instinctively know that they could be doing a better job in developing leadership skills, but face concerns about time and cost. However, putting off skill development brings losses of its own. With management often working on a deadline to deadline basis, projects do get completed but are usually not as well executed, planned or efficient as they could be. Without good leadership, resources may be squandered, employees may be working extended hours, sight of the goal may be lost and well-being, for employees and the company as a whole, suffers.
It’s important for organizations to take a step back and consider the quality of their leadership practices by taking a look at a few key measures, most importantly; employee engagement, productivity, and employee retention. All of which have an impact on customer satisfaction and revenue. According to recent data, there is a significantly large gap between where organizations are vs. where they want to be in this regard.
Addressing leadership skills in their organization is important for many businesses; however, many are unsure where to start. A good first step would be to enroll employees in a Leadership Development Program. The result of such training has proven to be very positive and far outweigh the costs and concerns. For example, employees from a large coffee retailer who have undergone such training have reported improved store sales, increased productivity in lower performing stores, stronger teams and relationships, and improved employee retention. A global IT firm reported decreased employee turnover, a significant improvement in repeat customer business and high marks for employee engagement and satisfaction. And a temporary staffing firm showed significant increases in sales call activity and revenue.
Good leadership training provides employees with the tools and skills they need to inspire and drive their team while cultivating a sense of alignment, purpose and connection with their staff. Organizations that don’t address leadership practices suffer a persistent drag on performance, keeping results down. For companies to succeed in today’s ever-changing market it is critically important that everyone perform at their best, especially in terms of creativity, innovation and breakthrough thinking. This can only be achieved by breeding a highly passionate and engaged workforce. When that happens you have a team that is more focused, more efficient and more effective in meeting customer’s needs. It’s an environment that brings out the best in people and translates into an improved bottom-line.
WOULD YOU LIKE TO IMPROVE LEADERSHIP IN YOUR OWN ORGANIZATION?
Join us at our 3-Day Accredited Leadership & Coaching with Impact Workshop!
October 28-30, 2015 – 9:00am to 4:30pm at Woodbine Entertainment Centre.
This accredited program is designed to educate leaders who want to make a difference. Tailored for professionals required to lead and coach others, this workshop helps shape individuals with integrity and the capacity needed to build effective and dynamic teams. Learn how to take the first steps in creating a work environment where people enjoy coming to work, are engaged and perform at their very best.
Learn more about the 3-Day Accredited Leadership & Coaching with Impact Workshop here.