Top 5 Rewards That an Organization Can Receive From Leadership Development Program

You are running a software development company and you have a great team. You have experienced developers, designers and testers and every individual possesses the required expertise. However, you got no one to lead. Can you grow? You will have to fight for your survival in the industry. You can create a leader from within your team by taking the advantages of a leadership development program.

Any individual from your team can learn leadership. However, only one or two of them can master. Therefore, you have to make a decision and select a team member for joining this program. Select someone who will work with you for four to five years to go. Here are 5 good reasons for joining leadership programs.

Boost Productivity 

A skilled, professionally trained and the right team leader can boost the productivity of every individual and the team. The leader learns to understand people emotionally. Daniel Goleman in his book The New Leaders writes that emotional intelligence plays an important role in the success of a leader. A leadership program makes a leader smart about emotions. The leader now can effectively use empathy for the engagement and empowerment of employees.

Retain the Talent

It is always in our mind that the HR has to retain employees. Most of the times, a team member interacts with his team leader. Apart from the company policies, some employees leave an organization because of the behavior and the way of working of their leader or the boss. Therefore, a good leader can retain talent with his leadership quality.

Employee Engagement

The leader is trained to provide feedback which in return increases employee engagement. When someone is doing a great job, he deserves praises. Therefore, the leader should appreciate his efforts and motivate him to put more efforts. Moreover, a leader is trained to motivate engagement. 43% of the employees with high engagement receive at least weekly feedback. On the other hand, only 18% of the employees with low engagement get weekly feedback.

Effective Leadership Style

With the training program, you can implement the most effective and appropriate leadership style in your organization. No leadership style is utopian. Every style has some advantages and disadvantages. A professionally trained leader knows which style will return the best rewards.

Better Decision Making

In a team, every move of all members depends on the decision of the leader. A decision has to be made with capabilities, skills and emotional intelligence of the team in mind.