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Low Cost Leadership Development And Its Importance

By Gary Smith


Companies are always in need of good leaders, but developing these from the talent pool or searching them out for recruitment takes time and resources to do. The competition for skilled personnel who can manage and provide guidance for departments or teams is intense. In this day and age, these are considered the tactical or strategic game changers that play the game on a daily basis.

Those tasked to lead are made and not born, processed in a system for those who need to move businesses forward. Low cost leadership development for companies has need for being organic, because this is an important resource in running businesses today. Companies have programs that monitor for those who have the talent that can be developed for leadership roles.

For any company, it is always necessary to fit people into the bigger picture, to acclimatize them to culture, mission and policies. Developing leaders is no easy task and can fail when rushed or the development is haphazard. Top management takes its time to study and create programmatic models for creating its company leaders.

Diversity, innovation, flexibility and vision are the needed drivers for this kind of program. And to save on spending for it entails the need for starting out right where everything starts for most everyone. And this should be at the entry level, while recruitment for midcareerists should be limited, because this is one thing that makes development costlier.

Organizations should keep a system of leadership mentoring that starts with recruitment, HR or personnel departments. This means that the eye for leaders is something basic in hiring, and it is a must to tag those hires specifically taken for future leadership roles. In this way development is organic to any organization.

In attracting established leaders from other organizations, your company probably has some things in mind. This might be a recruitment thing, but the need here is also a developmental thing. From the start, these candidates need to connect to your vision of what they could be and should be for your company, and this takes some development to do.

This is the costliest of processes and are specific and targeted so that it is not done often. Also, the benefits of having these people in should be weighed against the costs. This means that these have the most potential of creating success for your company and they should be able to deliver on this almost from the start.

Volunteering and working on initiatives based programs should be an option for your employees. These have the ability of creating the necessity for people to see their way through to leadership roles. When their interest is at par with what they can accomplish, this is the time to give them further encouragement with some further training or perks.

Identifying the right people is intrinsic to leadership development, and picking them out and making them step up should be something acceptable to all. Direct hires for leadership positions can often end up as bad decisions and the balance must be found somewhere. The company is responsible for finding its weaknesses and identify its strengths in this regard.




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