This post is a series of questions to consider during the up-front definition phase of an enterprise initiative for leadership development program. Specifically to gain senior leadership buy-in for the LDP.
Senior Leadership Buy-In
Because leadership development programs require long cycle times and significant resources and personal involvement by senior organizational leaders, success is more likely when you gain their buy-in.
Involve the Board of Directors
- To what degree does the board of directors see leadership development as a component of their charter?
- How can you best engage the board of directors to provide direction on leadership and succession planning?
Overcoming Organizational Boundaries
To help communicate the shared responsibility of senior leaders for a successful leadership development program, consider the following questions:
- How best can you communicate that leadership development is a shared responsibility across functional boundaries of senior leaders?
- How can you persuade each executive that they should not have complete ownership of the talent in their functional area for leadership development to work across the organization?
- How open are senior leaders to moving LDP candidates sideways or even to lose the talent to another part of the organization for the greater good of the business?
- How can you facilitate increased collaboration and connections across the organization?
Allocate Sufficient Resources
To help articulate the resources necessary for a leadership development program, consider the following questions:
- What are the estimated costs?
- What do benchmark organizations spend on LDPs as a percentage of revenues or profits?
- What is the estimated duration (in months and years) to see business results?
- What is the estimated personal participation of senior leaders as examples modeling leadership?
To help articulate the benefits of a leadership development program, consider the following questions:
- How can improved leadership help increase company profitability?
- How can improved leadership help achieve organizational goals?
- How can improved leadership help retention rates? Studies of turnover data show that people leave because of their immediate leader more than most other reasons.
- How can improved leadership help inclusive diversity goals for female leaders and minority leaders in the organization?
- How can improved leadership help employee engagement?