Internal leadership development is crucial for organisations, but programs need to be well developed

Leadership development programs help to create a positive company culture built on communication, inclusivity and shared productivity
By: Pursuit Technology
 
CANBERRA, Australia - May 31, 2023 - PRLog -- Leadership development is a strategic process designed to help employees develop their leadership skills and competencies to prepare them for management and leadership roles within an organisation. The Acorn subject matter experts believe it's best to develop leaders from within rather than finding them externally. To achieve this, organisations need a strong leadership development program. In a recent article, the Acorn experts dive into the benefits of such a plan as well as how to structure one.

Leadership development programs (LDPs) are structured plans designed to help employees develop the critical skills they require for success in their careers by providing the necessary guidance and knowledge. They are usually structured and tailored to the unique needs of the individual employee and the organisation as a whole.

Utilising a strong LDP makes it easier for organisations to attract and retain talent, improve financial performance, drive strategy, increase productivity, train future leaders and foster culture. Poor or no leadership development can negatively impact areas like employee retention or result in decreased productivity.

"Leadership development programs help to create a positive company culture built on communication, inclusivity and shared productivity," said Blake Proberts (CEO and Co-Founder). "It will improve the overall health of your organisation and drive your business strategy."

While an LDP should be unique to an organisation, there are some essential building blocks that should also be considered. These include practical mentoring and coaching opportunities, clearly defined goals and milestones, a culture of responsibility, clear communications and supportive leaders.

You can read the Acorn experts' full article on Acorn Labs: https://hubs.ly/Q01LCNB20

Pursuit Technology is a fast growing HR technology company. Pursuit, via Acorn LMS, takes a different view to strategically enabling HR and L&D teams compared to traditional providers. Rather than focusing on analytics after learning experience, their products use workforce planning and capability frameworks prior to any learning. By linking to a company's strategy, Pursuit products can inform organisational capability gaps and suggest education, deliver this education, then measure the impact – proving business impact by the HR and L&D team in a quantifiable way.

Contact
Dean Walters
***@pursuittechnology.com
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Source:Pursuit Technology
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Tags:Leadership
Industry:Business
Location:Canberra - New South Wales - Australia
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