The Importance of Internal Leadership Development Opportunities: Why We Invest in Leaders

Leadership Blog Image

Leadership is a tricky topic. Many people who are qualified to occupy leadership roles find themselves reluctant to grab hold of the reins and lead a team of others. Because many question their innate ability to lead, internal leadership development can often help these individuals gain the skills and comfort level they need to finally assume leadership roles. 


Leadership development initiatives have a noticeable and measurable impact on a company, but more importantly, they positively influence employees. The financial investment into leadership development isn’t just an investment into the company’s future, it’s an investment into the people and families who make it all possible.

How Leadership Training Affects Employees

Leadership development teaches employees the skill sets they need to advance within a company, and the results are two-sided, benefiting both organizations AND employees. 

In fact, LinkedIn reports that “68% of employees prefer to learn at work.” That’s because internal training offers the following benefits for employees.

 

  • Learning new things creates a sense of accomplishment and ownership in a company: Learning from management allows future leaders the opportunity to align with the company’s style and goals. As employees begin to understand the key performance requirements that drive business goals, they learn their own value within the company, often leading to a greater sense of loyalty to their teams and the business.
  • Leadership training provides the foundation for innovative thinking: When employees feel supported and believe their company is invested in their career growth, they are motivated to innovate and contribute to the growth of the company.
  • Internal development makes employees feel more confident and empowered to contribute: No employee wants to feel like a seat warmer. When companies invest in their people, they become more confident in their job roles and feel empowered to help drive the success of the company. One Forbes article reports on a study that evaluated the impact of leadership training on the bottom line, saying that “poor leaders lost money; good leaders made profit; and extraordinary leaders more than doubled the company’s profits in comparison to the other 90%!”
  • Leadership promotes employee engagement, accountability, and achievement: According to Forbes, “Engaged team members are emotionally connected to their work and understand exactly how their job function connects to mission success. They go above and beyond in their approach to teamwork and collaboration.”

Why We Offer Internal Leadership Opportunities to Our Employees

Internal leadership initiatives are also important for companies hoping to succeed in a competitive market. Industries are packed full of organizations offering comparable solutions and products, so it’s important to set yourself apart and leadership programs can be the differentiator.


Setting up strong leadership programs can be the defining difference while also functioning as a contributing factor in working toward your business goals. Leadership programs have the following benefits for organizations.

 

  1. Internal leadership programs encourage innovative thinking and problem-solving. When teams get together for leadership initiatives, they use collective thinking to develop problem-solving techniques and utilize a collaborative mindset to think of innovative solutions. “A coaching culture emphasizes the skills of speaking and listening versus telling someone what to do. When asked for their input, peers and employees feel free to challenge and provoke thinking or offer solutions that might not have been considered,” reports the Global Leadership Forecast for 2018.

  2. Leadership programs help identify and prepare candidates for future leadership roles. According to the above study, Only 14 percent of CEOs have the leadership talent to execute their strategy.” When you develop your own leadership training, you have the opportunity to determine how your future leaders will ultimately manage your company, aligning business goals with our employees’ career goals. 

  3. Leadership training strengthens your company culture. Company culture is an important factor for business success. Often, a positive culture is a factor in attracting top talent, but it also helps promote strong leadership. “When a culture is strong, it leads to motivated employees and high performing managers,” reports LinkedIn.

  4. It helps with conflict resolution. Leadership training teaches employees how to handle conflict in a healthy way which encourages employees to resolve differences without managerial intervention.

  5. Internal programs reduce employee turnover. According to LinkedIn’s 2018 Workplace Learning Report, “94% of employees would stay at a company longer if it invested in their career.” High turnover is very expensive for companies as they have to divert money to recruiting efforts.

 

Investing in our employees always pays off and that’s why we work to build the leaders of tomorrow.

Come join our team of leaders!