How does an individual define a brand? Or how does the public associate one person with a brand? Apple and Steve Jobs, Microsoft and Bill Gates, Walt Disney and the Disney Company. These are just some examples of how despite there being thousands of employees, it is just one or perhaps two people who seem to represent an entire brand and its products/services. Great business success stories have a common thread. There is a problem, a solution, and how the solution becomes the genesis of a highly successful company. Amidst all this, as the brand grows, the founders must create a legacy by training and mentoring new leaders who will help the organization grow.
In this blog post, we look at the key qualities that define a good leader and how organizations can groom the next generation of business leaders using appropriate learning and training strategies.
Defining Qualities of Good Leaders
Popular motivational speaker and success coach Brian Tracy lists the following traits as qualities that an ideal business leader should possess:
· Strategic Planning
Mentoring and Creating the Next Generation of Leaders
Incidents in organizations like Tata & Sons and Infosys reinforce the power that founders and early investors wield in large organizations. Each time there’s a high-profile exit, the value of the organization’s stock takes a massive hit, and it shakes the confidence of the external investors in the organization’s internal governance policies. It is important that existing business leaders lay out a clear succession policy, identify individuals to continue their legacy, and train them appropriately.
Using eLearning to Foster Leadership Training
Once suitable staff are identified based on their performance, integrity, and people-skills; it is important to assign them to relevant mentors who will be able to prepare them for leadership roles. This would involve close interaction with existing leaders, attending meetings with them, and seeing how they react to situations and offer solutions to problems both internal and external. Direct mentoring, face-to-face discussions, regular question and answer sessions, and strategic planning exercises are all key components of leadership training programs.
In addition to these components, it is important to leverage the power of eLearning to train potential leaders. The eLearning content can comprise video nuggets wherein actual thought-leaders can share insights into their best practices and daily schedules that can help craft success stories. Complementing these videos, the eLearning can be structured to incorporate actual case studies and examples wherein quick decisions have been taken to resolve issues.
Watch tech-evangelist, thought-leader, and best-selling author – Rashim Mogha speak about ‘Fast-tracking your leadership career.’ Her book “Fast-Track Your Leadership Career” offers valuable insights on leadership and is a must-read for emerging leaders.
One can also bring in simulated assignments that put the learner into a scenario wherein they must solve an issue. Examples include – Negotiating a better deal with investors, solving a labor-issue in a factory, or addressing a harassment complaint filed against a senior executive. Each of the suggested scenarios taps into different facets of individual attitude and person-management.With AR and VR getting integrated into eLearning, there are opportunities to deploy a learning experience that puts the learner in a ‘simulated corporate conflict zone’. Click To Tweet
Real-life scenarios are more stressful and have a bigger impact. Based on how well a learner tackles the simulation, one can get a measure of how the learner would react in a real-life scenario. With AR and VR getting integrated into eLearning, there are opportunities to deploy a learning experience that puts the learner in a ‘simulated corporate conflict zone’ and create a pressure-situation and see how the learner reacts.
Mindfulness as an approach to positive thinking and leading a fulfilling life is gaining popularity around the world. Stemming from ancient practices in Buddhism and Hinduism, more business leaders are trying out mindfulness and have reported remarkable improvements in their day-to-day life. Trust is an important factor and once the right candidate is identified it is important to help them acquire the knowledge needed to tackle all challenges.At Origin, we specialize in creating employee training and leadership training programs for various industries. Click To Tweet
At Origin, we specialize in creating employee training and leadership training programs for various industries. Be it a high-level training program for your existing organizational leaders or a talent development program to identify and groom the next set of leaders in your organization; we can assist you. Write to firstname.lastname@example.org to learn how we can help you find a purposeful business leader using customized eLearning solutions.