Regardless of where you are in your journey as a leader, investing in management and leadership training can improve your performance and the performance of those around you. The most effective leadership training programs are holistic and serve leaders at all levels of an organization. Here are four reasons why investing in your leadership development is essential.
1. Set yourself up for success
When you’re promoted to a supervisory or management position for the first time, it is often because you have perfected the skills related to your job. But when it comes to serving in an on-going leadership role, you may have little to no experience until you are promoted. Without proper training or preparation for the new role in management, there is a higher likelihood of turnover and frequent mistakes.
“After undergoing leadership training, participants were found to have a 25% increase in learning and 20% in overall job performance. They also exhibited a 28% increase in leadership behaviors and an 8% climb in subordinate performance.” Source Journal of Applied Psychology
2. Improve your team’s performance
Improving your leadership capacity can help you enhance your team’s performance and avoid micromanaging staff, which has been proven to be detrimental to the health of organizations and their employees. By understanding your strengths and the strengths of others, you’ll learn how to motivate your staff and empower your team.
3. Reinvigorate your career
After years in the workforce, it’s not uncommon to develop burnout or a lack of interest in your work. One of the best ways you can combat this problem is to invest in leadership training. Leadership development programs can help you create a plan for growth and future advancement, ultimately improving your job satisfaction.
“Everybody can benefit from looking at themselves and the world around them. They can take a strategic approach to how they run their day, how they support their team, and how they’re perceived in their organization,” said Paul Adams, director of Corporate Support and Underwriting at Capital Public Radio in Sacramento and a seasoned leader with an understanding of how important good leadership is to the health of an organization.
4. Prepare to face new challenges and ambiguity
According to the 2019 Global Human Capital Trends survey by Deloitte Insights, 80 percent of executives said that 21st-century leadership has unique and new requirements that are important or very important to their organization’s success. Bolstering your leadership development can help you manage your team during times of ambiguity or crisis, adapt to changing technologies, appeal to changing customer needs, attract new talent demographics, and respond more effectively to national and cultural differences, according to experts.
“Now, more than ever, leaders need to be ready to take on unforeseen challenges and lead their teams through continuous change,” said Joanna Siebert, associate director of Business Programs at UC Davis Continuing and Professional Education (CPE). “I’ve seen the value of leadership training firsthand, as supervisors and managers enhance their skills and bring renewed energy and creativity to moving their teams forward.”