If sustainable financial performance is among the goals of your organisation, then leadership development is definitely an investment worth making. Research has proven time and time again that strong leadership can lead to greater employee engagement, ensuing in many positive organisational outcomes being achieved. In fact, according to a study conducted by Dale Carnegie and MSW Research, the top two drivers (relationship with immediate supervisor and belief in senior leadership) of employee engagement relate to leadership.  (Employee engagement has been defined as “a workplace approach designed to ensure that employees are committed to their organisation's goals and values, motivated to contribute to organisational success and able at the same time to enhance their own sense of wellbeing.”) Employee engagement in turn leads to 22% higher productivity and even has a positive impact on the following aspects:
Source: Engagement at Work: Its Effect on Performance Continues in Tough Economic Times
With such a clear Return on Investment (ROI) for leadership development, the question remains: How do you ensure that the leadership development efforts in your organisation are managed effectively?
The key lies in taking into account the following dimensions: content, context and process. Success in organisation development, or leadership development in this case, hinges on the holistic and interdependent management of these three dimensions.
One of the key problems faced by organisations is the difficulty in contextualising proven theories into practical ideas for application in the workplace. The effective integration (process) of world-class, best leadership practices (content) into the workplace (context) bring about these desired outcomes.
PACE has enjoyed great success in this aspect through bringing proven, world-class leadership models and frameworks (The Leadership Challenge®, 6 ‘C’s of Real Leaders) alive in organisations with innovative leadership development processes.
To learn more about how PACE can transform your organisation through our contextualised OD solutions for leadership development, check out the following success stories:
Group of leaders impacted
Mid to senior leaders
Contact us for a FREE consultation on how to design and implement an effective leadership development program for your organisation!