As an expert in
leadership development, I am often asked about the best time for companies to
initiate programs for management development, and more specifically, how large
companies should be before they start one. I wish I had a simple answer, but
there is no magic number (turnover or employee -wise) to whom such a program is
necessary.That CEOs of
companies of all sizes need to ensure is whether they are willing to make an
investment in the "bench ", the people who will lead the
organization in the future. The goal of leadership development programs, after
all, is not exclusive, it is to affect the pipeline of key talent by increasing
the number of internal candidates who are willing to fill positions.
A critical factor in
the success of any program of management development is actively supported by
senior leaders of the organization. Making it a priority can be difficult to
crises of the day, but the signal sent by the cancellations and postponements
may affect the severity of the investment
Large organizations
may have the luxury of creating leadership development programs internally,
while small companies often try to send future leaders of institutions like
Harvard and Duke for training. Internal programs are obviously designed for the
specific needs of the company and subcontracting programs can be customized
well at an additional cost.
Whatever type of
management development in your company pursues its objectives should be the same:
1-Provide high-potential
leaders with a broad understanding of the business, including the external
environment in which it operates
2-Allow participants
to make material contributions as they are formed, and not only read, but to be
"busy in making"
3-Provide ongoing
education that is not complicated or expensive, including activities related to
the acquisition of skills and what they need to know to be prepared for senior
management
All executive
development programs must include a well-designed plan that combines the
features and is aligned with the business strategy in the long term. Participants
must learn strategic skills and behaviors that
may be important to business success and also be exposed to projects that will help retain and maintain.
may be important to business success and also be exposed to projects that will help retain and maintain.

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