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A learning and development strategy aims to meet employee learning and development needs, ensure optimal human capital development, and build the business management and leadership skills for a strong executive team into the future. When it is well-aligned with overall business objectives, a clear and well-defined learning and development strategy provides the blueprint to develop a talent pipeline that can deliver organizational goals.
The current business environment is fast-paced, demanding and constantly evolving. Global general management leaders need the skills to face ever-new situations, so their development as leaders can't be left to chance. A good learning and development strategy incorporates senior executive training, so their leadership skills are continually sharpened. Top leaders also need competent teams they can count on. In a company with a clear and effective learning and development strategy, senior executives know that the talent pipeline is secure: team members have received appropriate management skills training to fulfil their individual roles and the management succession plan is solid.
There are a number of things to keep in mind in order to design and implement a successful L&D strategy.
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