What is Leadership Development and How Does it Work?

Leadership development is an essential component of any successful organization. If you have been tasked with developing leaders or invited to be part of a leadership development program, you might wonder what a leadership program should include, what components it includes, and, importantly, what participants can really learn. We’ll be taking a closer look at those questions in a two-part blog series that will answer all your questions!

PART 1: Why Leadership Development is Essential for Any Organization

Leadership development is essential for the success of any organization, and it helps managers become more effective leaders and better able to inspire and guide their teams. Sometimes organizations are reluctant to pursue a leadership development program due to the cost or time commitment. However, there is no better way organizations can ensure that they have strong leaders able to build high-performing teams and create a positive work culture that attracts top talent that gets results.

4 Reasons Leadership Development is Essential

  1. Personal Development — One of the key benefits of leadership development is that it helps individuals grow and learn. Participating in leadership development programs teaches individuals new skills and techniques that will help them become more effective leaders. New leaders can gain an understanding of their leadership style and how to adapt it to different situations.
  2. Attracting and Retaining Top Talent — Offering a leadership development program like Crestcom’s signature interactive leadership development program boosts employee engagement, attracts emerging leaders and reduces turnover. Developing strong leaders is essential for building high-performing teams and creating a positive work culture.
  3. Strategy Execution — Leadership development is essential to shaping the culture and strategy of the business. Taking the time to develop, coach and mentor employees will improve their understanding of the overall business strategy and teach them how to execute it effectively. In today’s uncertain business environment, leaders need the right skills to adapt quickly and guide their teams through change.
  4. Succession Planning — As leaders retire or move on to new opportunities, a pool of talent must be ready to step up and take on leadership roles. Leadership development is essential for organizations to ensure a smooth transition and maintain continuity of leadership.

Overall, leadership development is an essential investment for both individuals and organizations. Research suggests that investing in a leadership training program can result in a 25% improvement in learning, a 28% improvement in leadership behaviors at work, a 20% improvement in job performance and a 25% improvement in organizational outcomes.

Today’s emerging leaders are looking for opportunities for personal growth, and organizations need strong, effective leaders to navigate a rapidly changing business environment. When organizations invest in a comprehensive leadership development program, everyone wins!

Part 2: What is Leadership Development, and How Does it Work?

In part one of this blog series, we looked at why leadership development is essential for any organization. Leadership development is a great tool for personal development, attracting and retaining top talent, achieving better strategy execution, and creating smoother leadership transitions when succession planning.

You might think, that’s great, but what exactly is leadership development, and how does it work to improve leadership skills?

Leadership Development Defined

Leadership development is essentially a program, curriculum, or set of activities intended to prepare current and future leaders to excel in their roles and contribute to the success of an organization. There are various methods and approaches to developing leaders. However, the goal is to improve employees’ skills, abilities, confidence and competence in preparation for taking on additional leadership responsibilities.

Crestcom’s Approach to Developing Leaders is Different

Crestcom International is a management training and leadership development organization that provides training programs to businesses and organizations worldwide. The company was founded in 1985 and has grown to become one of the world’s largest providers of management training programs.

Crestcom’s training programs are designed to help organizations improve their leadership, management, and sales skills through a combination of interactive workshops, coaching, and online resources. The company’s training programs are based on real-world experiences and are delivered by experienced trainers who bring a wealth of practical knowledge and experience to each workshop.

Unlike leadership development options that consist of a one-off seminar, or an individual online class, Crestcom’s BPM program consists of 24 core leadership topics taught over 12 months. This format is designed to create a deep understanding of management skills at all levels of leadership. Our leadership facilitators guide participants through live interactive exercises and group discussions to work through real-world leadership challenges. In addition, our classes are a unique opportunity for new leaders to develop a strong network, as participants consist of local business professionals from various industries that can share valuable ideas and insight.

Crestcom also believes that great leaders never stop learning. So once participants have completed the initial 12-month BPM program, they can enroll in our Crestcom Continuing Education program. This program allows our alums to keep their leadership skills sharp by attending quarterly meetings featuring new topics and leadership skills based on current business trends and the latest studies.

How Leadership Development Can Get Real Results

Leadership development programs can be a significant investment for an organization, and choosing the right program is important. We use a proven approach to develop results-driven leadership competencies in management teams around the world. Participants learn and apply skills over time, report progress to their management training facilitators, and share their experiences with their peers. They then have the opportunity to participate in continuing education initiatives to reinforce their skills and ensure success

A great leadership development program gets results by setting goals, creating action plans, and holding participants accountable for progress. Crestcom believes in a hands-on approach featuring live facilitation (in-person or virtual classes). We also offer an online learning portal to track progress, modules featuring content and videos from subject matter experts, and peer group discussions that provide an opportunity to practice new concepts and receive constructive feedback.

Want to Learn More About How Crestcom’s Leadership Development Programs Work?

If you want to know more about leadership development and how it works, please reach out to a leadership development expert in your area. Crestcom has facilitators all over the globe, ready to answer your questions!