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What’s Leadership & Development And How Can Your Business Benefit From It?

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What’s Leadership & Development And How Can Your Business Benefit From It?

Leaders are needed everywhere. From professional sports, politics, all the way to leaders in the workplace. Yet for some reason, despite the overwhelming importance of business leadership, according to Zipdo, only 20% of organizations provide leadership training. An organization’s inability to provide effective leadership & development programs can lead to a host of problems. That’s why in this article, I’d like to do a deep dive into leadership & development and all the ways your business can benefit from it.

What Does Leadership & Development Mean?

Leadership & development is a phrase used to denote the activities that cultivate and enhance leadership skills for both individuals and whole organizations

While this might sound like a handful, it’s easier to understand by simplifying leadership in the context of the individual and the whole organization.

RELATED: Read about our Professional Skills Development Services

What's leadership & development?

For The Individual

Leadership & development for the individual means asking questions like:

  • How do I lead my team?
  • How can I ensure my team is comfortable doing their work?
  • How can I ensure my team is encouraged to do their work?

For The Organization

Leadership & development for the organization means asking questions like:

  • How do we as a company collectively look at leadership?
  • What leadership skills do we consider important?
  • How do we want to develop leadership?

→ Besides these questions, it’s important to understand that no two leadership cultures are the same. Therefore, no two leadership & development programs can be the same either.

What Are Some Benefits Of Leadership & Development Programs?

1. Improved Business Function

It shouldn’t come as a surprise that better leaders create a company culture characterized by efficiency and productivity. Leadership & development programs are great for nurturing leaders and giving them the tools needed for creating this type of company culture. 

2. Improved Employee Retention

One issue with bad leaders is that employees leave as a result. Even something like showing appreciation matters, as, according to Go Remotely, a whopping 79% of employees quit their jobs due to a lack of appreciation. 

3. Keep Business Running

While I mentioned employee retention, in the circumstance that employees do leave, leadership & development programs have got you covered. This is because these programs ensure that even if the goal is to create better leaders, they also teach leaders how to delegate and keep knowledge decentralized. This means that even if an individual leaves, business keeps running.

What Happens When Companies Lack Leadership?

There’s a global lack of workplace leadership. According to Zippia, while 83% of organizations believe it’s important to develop leaders at every level of the company, only 5% of businesses have implemented leadership development at all levels. 

In this section, I’d like to provide two problems companies face when they lack leadership.  

Too Much Focus On Day-To-Day Operations

When companies lack leaders, they lack the ability to construct a vision for the future. Their emphasis is on day-to-day operations, short-term gains and quick wins that leave them satisfied for the moment but don’t guarantee any long term stability

Kodak, Xerox, and Blockbuster are great examples of companies that had a lot of success during their time but failed to remain relevant as years passed. A great leadership & development program would’ve helped these companies understand their place in the future. 

Lack Of Employee Empowerment

Even if a leader is good at leading and managing a team, oftentimes that’s not enough. A leader also needs to be good at delegating and teaching members of their team how to improve in all aspects of their professional life. This is where the problem arises. 

A common scenario is when an employee comes to their manager for help. The manager can either tell the employee how to fix the problem, or, empower the employee to figure out how to fix the problem themselves. While the second option is better for the employee–and as a result, the company at large–it takes more time. As a result, most leaders opt for the first choice.

Now can you imagine what then happens if said leader falls ill and takes time off work? They leave behind a team that doesn’t know how to function because they’ve never had the opportunity to be empowered. 

My Journey As A Leader

How My Leadership Changed

I first learned about leadership through short workshops. My understanding then was to teach others how to get things done. I believed the focus was on myself because I was the one doing the teaching. 

Over time I realized I needed to shift the focus to the people around me. This was tricky as I’m a bit of a perfectionist, but once I learned to take a step back and let others work, I found more success. Knowing how to delegate became crucial, as did learning how to evaluate

At the end of the day, I found that a lot of this is an internal process. It’s necessary to look within and understand the different parameters of your leadership to grow as a leader. 

How My Thought Process Changed

Leadership, like many other skills, has to be built out in layers. When I first began teaching leadership, it was on a very basic level. Overarching concepts helped.

My leadership deepend when I spent more time applying various concepts to my own professional life. Through that, I realized leadership requires vulnerability

Leaders need to be able to ask questions as much as members of their team do. Besides that, leaders need to accept that sometimes they’ll make mistakes. In this way, my thought process changed. 

RELATED: Read more on Leadership & Development in Vietnam

What Will Happen To Leadership & Development Programs In The Future? 

Change will always happen. While I believe the concepts that make up leadership will stay the same, there’s also more information available now than there ever was. This is why it’s crucial to know what not to do.

  1. First of all, I believe people must accept that leaders cannot do everything. Once again, as there’s so much information nowadays it’s easy to fall into the trap of thinking all of it is relevant and necessary. This is not the case.
  2. Once you separate the wheat from the chaff, it’s important to commit to doing just the former. As information continues to spread, it’s vital not to get distracted. 

→ Above all, while leadership & development programs will change in the future, it’s important to stick to the core concepts. In my eyes, this means focusing on the principle of leadership as being about how to lead yourself first.  

How I Can Help

With over 18 years of coaching & training experience, including impactful roles at Google and Apple, I, Thijs van Loon, am your Professional Skills Development Facilitator in Asia. My suite of services is meticulously designed to propel your team to new heights. 

One area of expertise is in Professional Skills Development which can cover anything from sales training, team management, and executive coaching. 

By leveraging training certifications from Google and Apple, in addition to my certifications in NLP and Psych-K, I offer tailored, practical solutions that deliver immediate results to your business. By working together, I can help you empower the individuals in your company and your business at large, whether this be in Vietnam or other locations around the world.

Interested in leadership & development? Get in touch now.

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