To save a company time, energy, and money, it always pays to find ways to increase retention rates, engage employees, and improve the company culture, so that your top workers stick around for the long-term and new team members don’t have to be constantly selected and trained.A good way to ensure you keep all your best employees and reduce your recruiting needs is to groom your workers for future leadership roles within the firm. This also will help you in your succession planning, and enable you to create a more innovative business, with more cohesive teams. Read on for some key ways you can go about turning your employees into top future leaders today.
Invest in Employee Education and Training
First up, one of the best ways to develop workers is to invest in their education and training. The top leaders around the globe are always people who continually learn new things, and who aren’t content to rest on their laurels. As such, while you can leave professional and personal development up to workers, they will be able to develop more quickly and comprehensively if you invest in them and support them in this way.
Employees can grow through many different types of avenues. As an example though, it often helps if future leaders attain extensive overall business knowledge by enrolling in an online MBA or other relevant degrees which can be studied part-time while they work in their jobs.
Alternatively, you can bring in people to deliver specialized training or talks, workshops, and the like to your top team members; or you can send employees off to industry events such as conferences, trade shows, or networking nights where they can learn and make new contacts.
In addition, think about setting up employee exchanges with outside firms, or creating mentoring programs where staff members can learn one-on-one from those who have detailed knowledge and many more years of leadership and business experience than them.
Mentorships can be a great way for workers to not only learn specific skills involved in leading a team and running operations, but also develop personal skills needed to be successful managers, such as problem-solving, time management, communication, negotiation, and conflict resolution.
Give Workers the Chance to Move Around the Company to Try New Things
On top of specific educational opportunities like those mentioned above, employees can also develop into leaders when they have the chance to move around a company and continually try new things. When people work in different jobs, departments, offices, and even worldwide company locations, they get to learn how systems work inside and out, and won’t become stagnant.
Do what you can to rotate the staff members you wish to develop through multiple job titles and divisions over the years, as well as, whenever possible, different markets around the world where the organization has offices and/or sales teams.
When employees see things from this kind of broader perspective, they can wrap their heads properly around how the business works, plus identify areas in which bottlenecks are occurring or things just aren’t as optimized as they could be. This kind of experience helps people to understand what other workers in the company face and understand the business from both a big-picture as well as a day-to-day operational perspective.
Keep Giving Employees Challenges
Lastly, keep in mind that if you want to develop your top employees into future leaders, you need to keep challenging them so that they stretch, learn new skills quickly, and get a whole lot more experience under their belt before they’re left heading up a team by themselves.
Workers in top positions do, after all, need to know how to deal with sticky situations and challenging people and to think on their feet, adjust course quickly as needed, problem-solve creatively, and work out how to do unfamiliar tasks in a short space of time.
As a result, the sooner you take a step back, give your personnel ownership over their roles, and leave them to learn on the job, the more quickly they will grow and push past their current level of knowledge or skill.
Another benefit of challenging your team is that when people are tested, this is when they learn what they’re really capable of (it’s usually much more than they think), and when they get to identify any particular gaps in their knowledge that need to be addressed sooner rather than later.
Show Them You Care
Leading by example can be another way to motivate your employees into becoming leaders. If your employees see that you care to take the time and interest into bettering their leadership skills, then it might intrigue them to put everything they have into it. No one wants to work somewhere where they feel they care more than their boss.
If your employees see what a good leader looks like, then they too can realize that being a caring, effective, and supportive leader is possible. If employees see how well run your business is and how well liked you are by the staff, it can show them that there are more perks to being a leader than just a pay raise.
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