Low Cost Leadership Development And Its Importance

By Gary Smith


Business organizations have to have their leaders, and developing them either through recruitment or by picking them out of the office pool will entail the use of time and resources. Also, the search for good talent who can provide guidance and management is intensely competitive. Today, these are the people tasked to provide strategic and tactical strength to organizations in conducting business.

Leaders are not born but made, trained to be the movers and shakers in the business environment. Low cost leadership development is something that is organic to an organization, and a much needed resource today. It is also a program made to search out, monitor and guide talent in preparation for bigger roles.

Companies find it necessary to have potential leaders develop into bigger pictures, to help them adjust and fit into the culture and policies. Leadership development will take time and when rushed could spell failure for a program. The management is always studying how their programs are able to develop better and more effective leaders.

Vision, diversity, innovation and flexibility are the most important drivers of these programs. And keeping the costs low means that companies should ideally start from the bottom up. That is, they need to find the best talent on the entry levels and not in mid careers, when attracting talent becomes highly specific on an individual and costly basis.

Organizations should keep a system of leadership mentoring that starts with recruitment, HR or personnel departments. This means that the eye for leaders is something basic in hiring, and it is a must to tag those hires specifically taken for future leadership roles. In this way development is organic to any organization.

Attracting leaders from other companies is always dependent on what a company wants. This is not development per se, but recruitment, but there is also a need for developing these people. They need to be wined, dined, felt out and made to understand the needs and vision of your company to develop their interest and sympathies for it.

These are the most expensive processes for talent development, so there is a necessity to make your decisions count. Getting the right people in is cost effective and can give more in the long run. Since the costs are heavy, these must realize the potential for creating great success and be able to demonstrate it almost from day one.

Volunteerism and initiatives based work should also be part of the running of your company. These enable your people to know what they can do based on their own understanding of their skills. And when they display an interest for getting into leadership positions, some benefits and relevant training for more skills should be offered for those who pass the qualifications.

Leadership development starts with the basic need and a commitment to get the right people into your company. When stepping up, consensus should also be something present, so that the person can work well, and direct hires should be a balancing decision. A good company will know its weaknesses and strengths in this area and know how to work from there.




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