 What Makes an Effective Leader?
Hundreds,
if not thousands, of books have been written about how to lead well...not to
mention all the leadership development programs that purport to prepare new
leaders for the challenges that lie ahead.
While
it can be daunting to try to assess whether leaders have what it takes to be
successful, developing successful leaders can and should be a competitive
advantage for companies.
Leadership
Gaps Exist
Our
clients tell us important leadership gaps exist in their organizations, and
that they feel unprepared to adequately meet current and future business
needs.
Even
though the productivity gains and positive cultural implications of internal
promotions have been well documented, too many organizations lack a defined
leadership pipeline and succession plan for critical roles.
Leadership
Training Investments Are High
While
companies report that leadership gaps exist, the investment in management and
leadership training remains the highest spend (approximately 35%) of any
corporate training investments. How do you connect this disconnect?
Forty-two
Leadership Competencies
While
all businesses are unique, leadership competencies can be used to effectively
select, develop and promote high performing leaders. Over the years, our
clients have identified forty-two leadership competencies that play a role in
being an effective and high performing leader depending upon your specific
strategy, culture and situation.
A
long list to be sure.
While
the list is certainly not perfect or exhaustive, it does highlight a major
leadership challenge - leaders cannot be great at forty-two things and
companies cannot invest the time or money in all forty-two competencies.
Some
Leadership Skills Matter More Than Others
Our
twenty-five years helping leaders identify and build the skills to be high
performers has taught us that some leadership skills matter more than others
- especially when people take on a new leadership role. And the leadership
skills that matter most at one company may not matter most at another because
of the different strategies and cultures.
Leadership
is very contextual.
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Voice
of the Customer
"We
engaged LSA Global to help redesign our core management curriculum. Not only
did LSA provide masterful facilitation, but they consistently grounded and
connected our thinking back to business relevance and impact. The results
were innovative, thought provoking and exciting - exactly what we needed. I
can't thank them enough."
Amanda
Garrett | Associate Director, Talent Management | Gilead Sciences
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About LSA Global
Founded in 1995, LSA Global is a leading performance consulting and training firm that helps high growth technology, services, and life-science companies create a competitive advantage by powerfully aligning their culture and talent with their strategy. Learn more about getting aligned
