Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Why is it Important for Companies to Undertake Leadership Development Programs

By Carolyn Green Subscribe to RSS | January 4th 2012 | Views:
loading
 
  



What is the one thing that is common among people of all age groups? Everybody loves a challenge, especially when they feel that they can do it. When companies give their employees an opportunity to say “Yes, I did it”, they are sure to retain talented staff. Leadership programs aim to do just that; throw challenges at employees and help them manage these successfully. Besides this, there are several reasons why companies ought to implement a leadership strategy:

The effectiveness of a strategy is determined by its successful implementation. Unfortunately, most companies falter when it comes to execution of their strategies. While they ruminate over the failure, not everyone spends time and energy in understanding the reasons behind the failure. A main reason behind the failure is the lack of leadership. Leaders are the starting point of every strategy, and it is important that they are well trained in guiding the company to successfully deliver breakthroughs in performance. A leader moves into newer territories, launches new products, and helps the organization to achieve better operational performance. Leadership development programs help companies to train employees on skill building and other topics including communication, conflict management, negotiation, supervision, time management, project management, and consulting.

Every company needs to have a solid plan for long term development. They need to assess if they can meet their objectives over the next 5 to 8 years. Very recently, a South Korean company dealing in consumer goods planned for its expansion in the Japanese market. It managed to successfully do this, within a period of 18 months. Achieving such a penetration in a close and competitive market as Japan is no mean feat. This company started its strategy by first preparing its leadership bench. Senior executives were trained to deal with the culturally sensitive Japanese market, and thus a cadre of South Korean leaders was created to deal with the expansion. Throughout the world, local leaders with a global approach are highly sought after. And if a company wants to survive, they ought to identify and groom potential leaders by helping them with network building and other skills. Successful companies ensure that their potential leaders are trained at least a decade ahead of their need.

Investment in human assets shall always yield results, provided the company does it with dedication and whole heartedly. Companies that fail to realize this often end up expanding by offering expensive packages to buy top talents, rather than sourcing them in-house.

Carolyn Green - About Author:
The author of this article has expertise in executive recruiting firms. The articles on executive search companies reveals the author’s knowledge on the same. The author has written many articles on leadership development programs as well.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/career-articles/why-is-it-important-for-companies-to-undertake-leadership-development-programs.htm

Related Career Articles Subscribe to RSS

Sahara India Pariwar provides financial assistance to residents of Lucknow through Social Welfare Progamme
Published by Sanchita Kumari on March 15th 2012 | Business
Sahara India Pariwar is one of the leading India based conglomerates of India which is owned and man...
 
Enjoy personal assistance at affordable rates
Published by Ashish Pandey on March 12th 2012 | Business
Personal assistance is available with ease these days. You just need to specify your task or work an...
 
SSI disability claims difficult to settle without professional assistance
Published by Safinajones on January 12th 2012 | Business
Disability shatters lives of people particularly when the person is the only earning member in his f...
 
Do you need the assistance of an experienced Yacht Surveyor?
Published by James Blee on June 18th 2012 | Business
A designer Headboard could be just what your bedroom is crying out for at the moment, just imagine h...
 
Key to become successful in your professional career
Published by Roger Lopez on April 7th 2012 | Career
Economic times have been difficult for job seekers who are wondering where their career plans fit in...
 
Getting the assistance of College Cooks
Published by David Flambert on June 19th 2012 | Business
You can find some services and rewards that come when availing services of the university meal plan ...
 
How a coach can help with career changes
Published by EugeneYeng on December 23rd 2011 | Business
There are many ways in which you can get support if you are in the process of changing your career. ...
 
File for Zadroga lawsuits with the assistance of qualified Zadroga lawyer
Published by Jennifer Weinstein on January 6th 2012 | Business
The victims can register for Zadroga Lawsuits in order to get well deserved claim which would help t...
 
Reasons you should opt for career counseling in Minneapolis
Published by Clausen on December 22nd 2011 | Career
Everyone has different talent but not everyone is aware of various career options available to them....
 
Sahara India Pariwar provides financial assistance to residents of Pune through Social Security Cover Scheme
Published by Sanchita Kumari on February 28th 2012 | Business
Sahara India Pariwar is one of the renowned business conglomerates of India that has versatile busin...
 
Do you require assistance with Financial Planning?
Published by Mary Porter on June 28th 2012 | Business
As we get older it becomes more and more important to keep our finances in check, particularly if th...
 
Obtaining the assistance of Personal Injury Compensation Expert
Published by John Schubert on August 17th 2012 | Business
Private injury compensation legal experts are dealing with the situations involving any form of priv...
 
Government Jobs in India – Explore the New age career options
Published by Preeti on December 18th 2011 | Career
Government is investing in the economy like never before and its presence can be felt in almost all ...
 
Do you require the assistance of Letting Agents Sutton
Published by James Blee on June 16th 2012 | Business
Many people in the UK choose to live in a rented property rather than buy their own place, as this c...
 
Wedding photography Sydney is a rewarding career option
Published by Mariophoto on June 13th 2012 | Business
The field of Wedding photography Sydney is wide open. Photography can be a rewarding career if you h...
 
Do you require the assistance of Retail Interior Designers?
Published by on July 17th 2012 | Business
We know how vital it is to clearly understand the ethos, focus and client base of any retail store. ...
 
What Comptia Security+ is All About of a productive IT career
Published by Hanliu1003@hotmail.com on December 1st 2011 | Business
The CompTIA Security+ Certification, the most sought-after certification course among computer profe...
 
Build your career in web designing
Published by Sandidas Chakma on July 30th 2012 | Business
Web designers are the integral part of any organization; the institution that does not have website ...
 
Deal with accident related cases with assistance of proficient lawyers of Dallas
Published by Gerronlaw on December 20th 2011 | Business
According to a research, in year 2011 there have been more than 5.5 million car accidents only in th...
 
What Security+ Certification is All About of a productive IT career
Published by Water123 on December 4th 2011 | Business
The CompTIA Security+ Certification, the most sought-after certification course among computer profe...