Here are some guidelines to cultivating leadership success across an
organisation:
Make It a Priority: Acknowledge the risk, and put a formal
action plan in place. Start by clearly defining the behaviours and skills which
make a successful leader in your organisation.
Look Beyond Performance: Have a full picture of the leadership
potential across your organisation and don’t restrict that view to only those
you think are high potential. Do not confuse ambition with ability.
Replace Subjectivity with Objectivity: Gut instinct won’t do.
Using scientific data, benchmark your people against competitor talent and
identify leadership shortages to avoid succession risk.
Be Pragmatic & Proactive: Don’t wait for yearly review
cycles, instead, employ development interventions at the point-of-pain with
individual employees or across departments. This includes where and when to
spend learning and development budgets throughout the company.
Cast a Wider Net: Take a global view of where your
leadership talent is located and be prepared to use creative strategies to
source talent across borders to fill leadership gaps.