Why Leadership Development matters?

Many studies have shown the effectiveness of leadership development training, yet many organizations are still hesitant to adopt a program. There are many reasons for this, including the time leaders could spend out of the office to receive training and the upfront financial investment. While there are many advantages to leadership training activities for employees, here are five benefits you could see across your entire organization.

1.     Increased productivity: This not only applies to your leaders, but also to your entire staff. Your employees will be more productive during their day, with effective leadership. Emotional intelligence is one of the major attributes of effective leadership. By developing your leaders ' emotional intelligence, they are better able to empathize with the employees and find creative solutions to problems.

2.     Employee retention: You may have heard the phrase, "people don't quit their jobs, they quit their bosses." By developing effective leaders within your organization, you are more likely to retain top talent and avoid the expense of continually recruiting and hiring new employees. Employees who feel heard, appreciated and respected are more likely to continue to work in an organization, particularly in during tough time.

3.     Increased engagement: Employees are more involved in their work when receiving timely feedback and constructive criticism allowing them to improve their work and become more effective and efficient. Providing grace and tact with this feedback is an important skill for managers at all levels of the organization.

4.     Effective and cohesive leadership: When you take the time to train leaders with a cohesive leadership development plan, ensure that all leadership team members are equipped with the same skills and capabilities to lead your organization effectively in one direction. Of course, each leader will have their own individual strengths, but the entire organization will benefit when they work together to achieve the same goals.

5.     Improved decision-making: When leaders are equipped with emotional intelligence, they can look into all facets of a problem and come up with a solution that best fits the organization's goals.