2x Improvement in production rate when employees are passionate about their work
2x Improvement in leadership effectiveness when the focus is set on strengths not weaknesses
There are three types of leaders
- Motivates people by making clear how their work fits into a larger vision for the organization.
- Gives people the freedom to innovate, experiment, and take calculated risks.
- Maximizes commitment to an organization’s goals and strategy.
- Gives performance feedback — whether positive or negative. The standards for success are clear to all
- Chooses experienced and knowledgeable people.
- Gives up the power when it comes to decision making to the team with a minimal supervision.
- If the leader does not closely monitor and handle the problems that arise, then it could cost the company.
- Brings together people from different levels of an organization to work together toward solving problems or meeting goals.
- Involves employees in the decision-making process; leading to empowerment of employees because it gives them a sense of responsibility
- creates an ideal environment for collaborative problem-solving
83% of organizations say it is important to develop leaders at all levels.
5% it actually implemented
71% of companies do not feel their leaders are able to lead their organization in the future
More money is spent on leadership development than any other area of corporate learning.