INTRODUCTION
- What is the most important asset an organization has? — its people!
- People produce the best results when they are motivated
- How does an organization motivate its people? — through its leaders!
- What is top priority in normal times? — Effective Leadership!
- What is top priority in tough times? — Effective Leadership!
- Greatest Return on Investment (ROI) comes from investing in organizational leaders
- Leadership bench strength — succession plans for key leaders — is critical
- In these turbulent times, orgranizations need every advantage they can get — THE GREATEST ADVANTAGE LIES IN DEVELOPING EFFECTIVE LEADERS
AN ESSENTIAL INVESTMENT IN ALL ECONOMIC CONDITIONS
- ELP uses a relatively small number of leadership factors that account for a significant portion of the variance in leadership effectiveness
- ELP identifies the levers that will make the greatest difference
- ELP is practical, works quickly — leaders can apply what they have learned immediately upon return to work
- ELP cuts across personality and culture differences
- ELP can be structured at acceptable cost levels to fit client needs
- ELP can target work where it’s needed most
- ELP can target work when it’s needed most
- ELP provides companies with a comprehensive, cutting-edge, effective Leadership Development (LD) plan at reasonable cost that includes valid and reliable analysis, training, follow-up, and working toward individual leader and company objectives
THE ELP PROCESS
- Initial Phase
- Questionnaire analysis
- Effective Leadership Seminar
- Individual meetings to identify each leader’s critical issue(s) (CI)
- Implement “Leadership By Objectives” (LBO)
- Set major objectives according to questionnaire analysis and CI(s)
- Prepare self-development plan with each leader
- Empower individual leaders — 4 elements
- Periodic progress analysis and plan adjustment
- Where possible work with natural teams — teams of people who work together on a regular basis
- Follow up with Action Learning to maintain momentum and Coaching for targeted individuals
Note: The above process may be structured according to client needs
ADDITIONAL BENEFITS OF ELP
- Increase leaders’ ability to delegate effectively
- Enhance leaders’ effectiveness in their interpersonal relations with their employees, colleagues, superiors, and people outside the organization
- Improve employees’ attitude toward the organization’s objectives
- Increase employees’ intention to work toward achieving the organization’s objectives — i.e. increase their intention to get the job done
- Increase employee satisfaction on the job
- Increase employees’ enthusiasm on the job
- Increase employees’ commitment to their leaders
- Align organization members to pull together toward the same objectives
- Reduce human resources and labor costs through:
- Increased retention of leaders
- Reduced employee turnover
LEADERSHIP TEMPERATURE CHECK
Conducted periodically to monitor company and individual leader progress
- Leadership structure
- Succession plans
- Individual leader performance including progress on LBO
- Identify new high-potential individuals (hi-pots)
- Periodic review — monthly/quarterly
- Additional LD work as required
- Do study of what it has cost the company to lose good people