The success of leadership training always depends on how it is done. Think back to the best manager you’ve ever had. I’m sure you can remember the person because good leaders are memorable… and excellent leaders are unforgettable. What was it about their leadership that motivated and encouraged you?
For that same reason, I bet you can also remember your worst leader. Great leaders move us and inspire us to do our best work. That said, it is important that you have effective leaders in your workplace to empower and influence your people to achieve business and team goals.
Here, PulseLearning explores six of the big benefits of leadership training!
The Benefits Of Leadership Training
The good news is that leaders can be created through effective leadership training. At PulseLearning we develop custom eLearning leadership training to cover the emotional, practical, and theoretical aspects of great leadership.
Here we explore six of the big benefits that leadership training can offer your organization.
1. Increase productivity.
The right, consistent leadership can increase the productivity of your people. At its primal level, leadership is about understanding your people emotionally. In his book The New Leaders, Daniel Goleman states that emotional intelligence is critical to the success of a leader. Emotional intelligence involves being smart about emotions and using empathy effectively to empower and engage employees. Leadership training that encompasses emotional intelligence can hone these emotional skills in your people managers and leaders.
2. Retain your people.
75% of people voluntarily leaving jobs don’t quit their jobs, they quit their bosses! That’s right, employees leave ineffective leaders. By investing in leadership training, you can retain your people and reduce costly recruitment expenses.
3. Nurture future leaders.
You need to be strategic about developing and nurturing future leaders. Without strategy, leadership roles are often given to the most forward candidates with dominant personalities. Quality leadership is a combination of the right qualities and the right training. Identify those who have what it takes and provide them with targeted leadership training. Nurturing future leaders supports succession planning and offers career pathways to employees, further increasing retention.
4. Increase employee engagement.
We all like to know how we are progressing in our roles, receiving praise when it is well-earned and constructive feedback as necessary. In fact, 43% of highly engaged employees receive feedback at least once a week compared to only 18% of those with low engagement. Giving feedback is a skill of successful leaders. Through leadership training, you can teach effective ways to give feedback to motivate and increase the skill level of your people.
5. Implement an effective leadership style.
Leadership training can assist in implementing the most appropriate leadership style for your organization and the work you do. There are several leadership styles, all with their own advantages and disadvantages. Leadership training can also help individual leaders develop their own personal leadership style that their team members will best respond to.
6. Make better decisions.
Last, but absolutely not least: Leadership training can result in better decision-making. How? Because leaders functioning at a high level of emotional intelligence have the perspective to make informed, intelligent business decisions. For that reason alone, you can consider your leadership training investment returned.