5 Steps To Creating a Successful Leadership Development Plan
Table of Contents
- jaro education
- 23, July 2023
- 3:00 pm
In today’s rapidly changing business landscape, organisations recognise the critical role of effective leadership in driving success and achieving strategic objectives. Human resources executives are increasingly prioritising the development of leaders and managers within their companies.
According to a survey conducted by global research and advisory firm Gartner, an impressive 60% of HR executives have identified the cultivation of leader and manager effectiveness as a key focus for 2023.
To keep up with the ever-growing demands of individuals with leadership qualities, Wharton Interactive has designed the Advanced Strategy & Leadership Program. Built upon the renowned expertise and cutting-edge research of the Wharton, this leadership program equips participants with the skills and insights needed to thrive in today’s complex business environment.
What Does a Leadership Development Plan Stand for?
A leadership development plan is a thoughtfully designed strategic roadmap that aims to cultivate and enhance employees’ leadership competencies, enabling them to thrive in management and leadership positions within an organisation.
This comprehensive plan is typically characterised by its structured, long-term nature, tailored to address the specific needs of both the employee and the organisation. By delineating clear learning objectives and mapping out relevant activities, the plan guides employees on their journey towards achieving their leadership goals.
5 Essential Steps to Designing Your Development Plan
By following these five essential steps, you can craft a plan that will propel you towards your leadership goals.
#1 Self Assessment
To map your leadership development, begin with understanding yourself and your professional standing. Assess your strengths, weaknesses, and workplace tendencies to identify areas for improvement and anticipate potential challenges.
Reflect on your motivational drivers and limitations through self-assessment and seek feedback from colleagues and peers via a 360-degree assessment. This holistic approach fosters self-awareness and emotional intelligence, empowering you to embark on a transformative leadership development journey.
#2 Goal Setting
Goal setting is a vital aspect of leadership development. It provides clarity and direction, guiding individuals towards their desired outcomes.
According to Bernstein, author and leadership expert, the PACE model is a valuable tool for goal setting. PACE stands for Pick a leadership goal, Apprise others, Collect ideas, and