Leadership Development for Employees—Right Now? YES! And Here’s Why…
It’s always fun to check out the human resource trends and statistics, particularly when it comes to leadership development for employees. While they are just trends and numbers that can change, they’re worth paying attention to because the data gives us the pulse on lots of aspects related to the HR world.
Here, we’ve cherry-picked a few interesting stats, admittedly borrowed from a much larger compilation, thanks to this recent Forbes article. Check out these findings, think about how your organization’s HR situation compares, and consider our recommendations for what you can do to address any challenges in your midst.
Stat #1: 36% of recruiters say they don’t have the resources to recruit top talent (Gartner). At MAP, we frequently coach clients on the importance of not just hiring top talent, but the right talent. As the saying goes, if you don’t invest in getting the right people in the right seats on the bus, you’ll struggle with productivity, morale and retention. This could be even more costly to your bottom line—and clearly, that will further deplete resources.
The first step is to recognize how tough this cycle can be on your organization’s resources over time. Then, you’ve got to get down to the business of making changes that enable you to fund effective recruiting. This may require some analysis and the guidance from a leadership coach, who can support you with tools and expertise around goal-setting tied to improving resources and recruiting effectively.
Stat #2: 41% of companies say they’re planning to increase their learning and development budget (LinkedIn). This trend (which reflects a more updated number than the original article sourced) tells us roughly a third of organizations today are feeling confident in their ability to invest in who is currently on staff, a number that’s ticked back up to pre-pandemic levels and may continue to rise. No doubt, investing in your people is a smart move. It doesn’t just send the message they are valued but empowers them to grow, take more ownership in their work, and be more productive. In short, this becomes a job perk, the benefits of which support both the employee and employer.
Stat #3: 75% of organizations plan to offer a custom learning program (Academy to Innovate HR). We know firsthand at MAP how important customized training and coaching is, whether that’s leadership development for employees or leadership teams. But there’s no question that when hires feel like their learning is truly aligned with their personal skills and knowledge gaps, they’re going to embrace that information and coaching much more.
Cookie-cutter coaching and professional development for employees can not only be ineffective, but can backfire, making your team distrust the “solutions” you try to implement. That said, Customized professional development for staff will do the exact opposite, proving that when the solution is personalized to each unique team member, they can trust it. Over time, they will value it and gain appreciation for their growth. Even better, the growth mindset will forever be reinforced not just by the team member, but the workplace culture at large.
Ready to boost leadership development for your staff? MAP can help with proven, customized coaching and learning solutions. Contact Us today!