A great leader can motivate and inspire employees by making them feel as though they are working alongside management and not for them. Poor leadership can have as great an impact on the organization’s success or failure as a recession.
Ongoing development for leaders helps companies. Businesses that invest in leadership development enjoy distinct advantages. These advantages include:
- Improved bench strength
- Improved employee retention
- Improved bottom-line performance
- Improved ability to attract talent
- Solving problems earlier and at lower levels
- Increased organizational agility
- Improved business sustainability
- Greater market value over time
- Development of leader, team, and organization competencies
- Ability to outperform the competition with increased market share, revenue, profitability, and rising stock prices
- Sustained performance
- Distributed leadership at all levels
While it is common for companies to measure engagement levels within employees, top companies are now paying particular attention to engaging leaders and employees with strong leadership potential. They are starting to look at what actions and behaviours demonstrated by leaders create engagement within their workplace. The idea being to then replicate it and drive engagement in their company.
In top companies leaders are being tasked with fostering organisational talent within their company, this contradicts the attitude of many other organisations. Effective leadership development produces leaders who can coach, mentor, and develop other leaders in the organization, providing a steady stream of leaders at all levels.
Leadership development can no longer focus solely on the senior team. Leaders must be developed at all levels throughout the organization to ensure an organization’s
success.
Although it’s typical to evaluate leaders on their past performance, top companies are assessing leaders on their potential more frequently and thoroughly. These companies are using personality profiling to ensure a perfect fit for an organisation instead of simply assessing their skills.
One of the greatest benefits of training employees and leadership development is that it can discover diamonds in the rough among your workforce. Often some of the best leaders are in fact already working for you bur have not had the opportunity to develop or display their skills.

Regular leadership development can create a culture of lifelong learning among your employees. No matter what business you are in there is always something your employees can learn that will benefit your business.

When employees and management obtain significant and effective relevant training and work together with mutual respect, everybody benefits from it the end result is increased productivity.
By developing leaders in this way, the main measure of success is organisational performance as opposed to divisional performance.‚Ä®