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Leadership courses are an important investment for organizations. In 2016, millennials became the largest group in the US workforce, according to PEW Research Center. When the majority of industry pioneers and top level managers are retiring, it becomes necessary to look into leadership training programs to ensure that successors have the leadership competencies to continue running these businesses successfully.
This article will go through the benefits of enrolling in a leadership course that will help you create leadership strategies which increase team performance. This article lists the 5 leadership styles your organization needs to build effective leadership across your organization.
Most leaders have been hired because of their academic background or their work experience. Either way, it is important to get them accustomed to your organization and build the specific leadership competencies that your business requires. This is why enrolling them in a leadership training program customized to meet your organizational needs is crucial.
To discover which leadership courses can best benefit your organization from a wide array of leadership training program offerings at IMD business school, this article will explore how your organization can benefit from a well-designed leadership course.
A manager with effective leadership can engage a team to work resourcefully and more efficiently. Managers study lean operations and team building strategies that will augment their leadership styles. Increased productivity canmake your company more competitive and as all businesses wish, earn more profit. This promotes growth and frees resources to innovate and improve your products and services.
Managers will learn how to provide effective leadership coaching from their leadership course. Good leaders need to be able to mentor and train people in their teams to become their successors. This prepares your team to step up and take on more responsibility as the need arises. It will also allow you to be ready to take on greater responsibility as you work on your own career progression. Some managers are threatened by the prospect of training individuals who can replace them but it should be viewed as an opportunity to ensure your progression when someone from your team can take on your position.
Leadership courses do not exclusively teach technical skills. They also focus on a lot of self-development courses that improve soft skills and help make more holistic leaders through inward transformation. Leaders can learn to improve connections with their people. Communication skills are improved by creating a more cohesive and engaged team. When employees are happy, people will want to stay, and negative attention will be avoided.
Training courses should not be offered exclusively to managers. There are a lot of benefits that also impact employees if they too are enrolled in leadership training courses. Employees will feel more empowered and will be happier coming to work if they feel that the organization is investing in their professional growth. Higher engagement means a more loyal, more productive workforce.
Leadership development programs are focused on honing the leadership style of an individual. This will create a positive culture in the work environment because leaders are taught the dos and don’ts of leadership. Good leadership training programs will also allow leaders to unlearn bad habits that they may have developed that can be harmful to the organization. A business can especially benefit from customized training programs centered on the company’s core values as this will refocus managers and train them to move towards the organizational vision together.
Good training can enhance a leader’s self-awareness and expand his professional perspectives. Leaders enrolled in leadership courses will be able to see and understand the bigger picture. Critical thinking skills are also sharpened. You will be able to look at situations more rationally resulting in wiser decisions. As leaders learn how to make the best decisions, the whole organization will benefit. Wiser decision-making leads to more trust among stakeholders.
Leadership coaching is a crucial way to influence people. With technology so prevalent in our daily work lives, leaders sometimes neglect coaching their team members. Globoforce conducted a survey and found that 93% of managers need training on coaching employees. Coaching is a great way to connect with your team members: it builds rapport and earns the trust of your employees. Another way of building influence is by deploying principle-centered leadership. When you lead with your principles and conviction, it is easier to get support from the workforce. This is also how loyalty is built amongst your group.
Leadership training programs teach the importance of soft skills development. This strengthens a leader’s ability to motivate his employees as well as build good work relationships. In a study of 1000 US employees by Interact, 63% of employees complained about lack of appreciation from their managers. According to study.com, Frederick Herzberg - a leading theorist in workplace motivation - found that employees’ motivation is increased more by intrinsic rewards rather than extrinsic reward systems. Being able to provide intrinsic types of rewards builds a stronger team. An effective leader will learn how to recognize and appreciate employees.
While good business communication skills is a requirement to be in an executive or managerial role, some leaders do not have the communication skills needed for effective people management. This skill requires being able to connect with the people you work with, and having the right communication skills to influence your team members to achieve the goals they need to accomplish. Enrolling in a leadership course teaches leaders how to bridge communication gaps that happen between managers and employees. Soft skills, reading body language, practising empathy, and giving constructive feedback - as well as leadership coaching – are all part of leadership training programs.
A Study by Robin Short found that more than half of US employees (60%) have not been trained in conflict management. In order for a leader to be trustworthy they must be able to resolve workplace conflict. Conflict happens all the time whether big or small. A leader should be trained to handle the situation and diffuse fights and arguments. Managers with the right training on conflict negotiation should be able to resolve workplace issues and conflicts – both small-scale and more profound.
Not all negotiations are related to conflict management, but being a leader certainly means navigating a great number of situations where negotiation skills are key. Being able to effectively negotiate with people on all levels is one of the very desirable leadership competencies today. Running a business is all about negotiation. A Negotiating for Value Creation course for example, teaches a leader how to achieve win-win situations for your organization. This course will develop your skills in leveraging complex business situations to reach long-term valuable results for your organization.
Effective leadership strategies are heightened by enrolling in a leadership course. Your confidence to lead a team will be a natural result of improved communication, developed sense of self and others, as well as the ability to make sound and solid decisions even in highly stressful situations. Being equipped with the theoretical knowledge and practical lessons from your training, you will find yourself handling and managing your teams with more certainty. You will also find that you are consulting less with your superiors with improved self-confidence.
Good leadership training improves self-awareness. Once you develop awareness of your own strengths and enhanced leadership abilities, connecting with your peers becomes easier. In today’s technologically advanced world where work processes are automated and communication is often electronic, interacting with colleagues can be less personal. This is where training courses can help, your communication skills will go beyond e-mails, memos and teleconferences. You will be able to personally connect with the leadership team.
Experience will teach you the strategies that work best for your business, but taking part in leadership training courses strengthens your knowledge. You will also learn fundamental and complex thought processes that will get you thinking laterally. When you combine your lessons from the training courses and the practical real life lessons, implementing leadership strategies will be more effective. You will also learn to combine strategies and formulate unconventional ideas that will benefit your business.
Increased self-awareness leads to more developed sense of empathy and understanding of your team. Being well connected to your employees and knowing what drives them to work their best, can bring workplace transformation to your organization. Tailoring your policies to be more people friendly does more than benefit your employees’ engagement, it brings out the best in their creativity and innovation. This transformation will create loyalty and trust among motivated teams that will help the organization achieve its goals.
This article will discuss the different leadership strategies that you can employ in your organization to help you speak to your team members as a leader. These leadership strategies help you connect and build rapport with your team members in order to engage and influence them to work towards achieving your organization’s vision and goals. A number of leaders fail to use these leadership strategies in driving their organization towards innovation and transformation.
A study by HBR revealed that only 4% of leaders are capable of success in this area. Investigate the following strategies and browse the leadership development programs that will help hone your leadership competencies in being a major influencer in your organization.
It is natural for people to seek approval from people they look up to, and being rewarded for their efforts can certainly improve team performance. Employee recognition can be either extrinsic or intrinsic. Leadership courses will help you identify which is more effective for certain types of employees at different stages in their personal and professional lives. Positive employee recognition deals more with the intrinsic side where employees are motivated when their hard work is appreciated and recognized.
One of the leadership strategies to increase a team’s performance is identifying and rewarding top performers in the organization. When employees receive the incentives and rewards they desire they will be motivated to do more. An effective leader will need to know how to balance the different recognition styles among his group members to achieve maximum team performance. Some employees are more motivated by extrinsic rewards systems and an effective leader will be able to use this as a driving force to increase team performance.
An effective leader can identify team members who are ready to take on more complex tasks. With proper leadership coaching, top performing team members can be trusted to perform tasks beyond their job description. However the leader is still responsible for the team’s outcome. Team performance increases because as your team takes on more tasks outside of their usual remit, you will be able to focus on tasks that have more impact on the organization.
Tip 1. Identify tasks that can be delegated
If you are not able to delegate an entire job responsibility to a team member, try to identify smaller tasks and distribute them to certain employees. It may even be beneficial to create a supervisory skill builder program where your team members will be taught some skills on top of their current job responsibilities. Those who successfully undergo this training program can then be given more responsibilities and can be lined up for potential promotions.
Tip 2. Use a feedback loop to ease future delegation
When you decide to delegate some of your tasks to your staff, ensure that you monitor progress, as you are still accountable for these tasks. Whether the task completion is successful or not, the leader should request feedback from his employees on the level of ease or difficulty of the tasks delegated. This will allow you to identify more complex tasks to delegate if the level of ease was high, or find tasks with lower complexity if the level of difficulty was high.
Good leadership is a never-ending quest for learning. A good leader will take advantage of leadership development programs that are available to enhance their knowledge of new and emerging ideas in the industry. When a leader knows the latest and greatest tricks of the trade, his team will also benefit from this knowledge and will be able to apply their learnings on the job. This will in turn maximize team performance, improve productivity and team members will also strive to seek additional learning opportunities as you influence them.
A high performing team is ideal, but employee burnout is also possible if all your team members do is push themselves to work. A good strategy to keep the momentum of a high performing team is to engage them in team building activities so they get a break from work. This is also a way to recognize the work that they do and increase their motivation and drive when they return to the workplace. Another way to avoid employee burnout is to enroll team members in a leadership course as this will inspire and possibly spark their ambition to set higher career goals.
Transparency and honesty are the strategies of effective leaders because they build trust and show confidence in the organization. When you have an engaged workforce because you are trusted as a leader, you won’t need to worry about how to get them to maximize their work outputs. Leadership coaching is one way for leaders to be really honest with their employees. Giving honest and constructive performance feedback during coaching sessions will help improve and build relationships. It will raise team commitment and ultimately increase productivity.
More than 80% of organizations say it’s important to provide leadership training programs at all levels. While developing formal training programs can take a long time, performing team building activities across the teams can provide essential leadership insights into team members. These activities are a great investment for improving team performance by increasing engagement. Team building is fundamentally more than just fun and entertainment, but educational as well.
When team members are allowed to be creative and encouraged to be innovative, organizations get higher engagement scores. Productivity is higher in organizations with high employee engagement. A research paper published by Dr. Venkoba Rao for APCAR, showed a close connection between innovation and engagement, according to 94% of its respondents. Effective leaders should allow their teams to contribute ideas in order to increase team productivity and performance.
Less than 20% of organizations say they are effective at developing leaders. If this is the case for leaders, how much less effective are organizations in training their rank and file? Leadership development programs are essential for connecting team members to their leaders. More than building knowledge, the aim of providing leadership training programs is to develop a sense of community and unity. This makes the team motivated to work together to increase team performance.
Leadership development programs are useful for getting ahead of the competition in knowing what the latest management tools are. You will then have the opportunity to test these advanced management tools in your organization. These innovative tools are geared towards increasing the efficiency of processes to yield higher productivity. With this simple yet effective investment, your organization will reap the benefits by seeing better team performance - quantitatively and qualitatively.
They say “leaders are born not made.” While genes may play a part in possessing some innate leadership competencies and leadership intuition, a successful organization will also need to cultivate their leaders. In order to thrive, an organization needs effective leadership that is consistent and proven to be successful, even during difficult situations. Effective leadership may present itself in different leadership styles. You will need to understand each style to know which one to apply to a particular situation. Your enhanced self-awareness will give you the confidence to decide which ones to use each time. Identify which leadership style from the types below best fits your personality, and which one can be more effective for your organization.
Laissez-faire literally means “let-do” in French. This type of leadership allows its team to follow their own intuition. Leaders who use this type of leadership are very hands-off and delegate most of the decisions to the team. This type of leadership is effective when your teams are highly skilled, motivated and do not like to be micromanaged. The downside of this style is that when you have a young team that still requires direction, oversight and mentoring in order to do their jobs, laissez-faire leadership will lead to low productivity and low morale.
Democracy is the main theme of a participative leader. This type of leader garners ideas from the team in order to come up with the most accepted decision. The possible negative slant to this leadership style is that decision-making becomes more time-consuming as all inputs from the team members need to be collected. Another downside is that the most popular decision may not always be the best decision. On a positive note, collaboration and innovation are encouraged and team members enhance their creativity in their work as they are given freedom to discover what works best to achieve the needed results.
This type of leadership is also known as command and control, or “coercive leadership”. Managers who use this type of leadership are micromanagers. In its extreme form, autocratic leadership runs a team through threats, force and fear. There are some positives to this type of leadership. It can be effective if you are given a team whose members are all new to their very technical jobs. Once this team matures and learns the skills they need to perform their duties, autocratic leadership may not be the most effective one to use.
A transformational leader has the self-awareness skill down to a tee. The most effective transformational leaders are aware of not just themselves but also their teams. This leadership style also leads with integrity and by example allowing others to see the principles behind their decision making. The concept of principle-centered leadership was discussed in Stephen Covey’s book Seven Habits of Highly Effective People where he explains that when you get people to understand your principles they need less supervision and correction. As a transformational leader, you lead your team with a vision and work alongside your team to achieve that vision.
Transactional leadership is about adhering to strict rules, policies and procedures. This type of leader is very process-oriented and does not allow his team to think laterally or be creative. Transactional leadership may work effectively on a start-up business where processes are at the stage of being established and employees are being trained to adhere to standards. Like autocratic leadership, it should not be the one absolute type of leadership to use in the long run.
It would be ill-advised to wait for a catastrophic business event to happen before you enroll your leaders in a leadership training course. Developing your leaders should be a continuous commitment of businesses in order to have effective leadership throughout the organization.
When you equip leaders with the knowledge they need to be successful at their jobs, you will have a stronger, highly engaged and more empowered team that will bring your organization to where it needs to be. Good leadership means understanding the different styles and knowing which ones to use alongside strategies which will work best with each business unit. Investigate the best training courses for your organization today and be ready for the future.
IMD business school rankings
Our executive education programs are ranked highly by the world's most influential business publications.