In order to be the most productive organization in your industry, you need exemplary leaders. In the fast-past and unpredictable business world, leaders have to think about both the organization’s goals and the needs and goals of the employees they oversee. This is a lot to ask, and it’s why every organization needs a great leadership development plan.

What is a Leadership Development Plan?

A leadership development plan is a map for how the management in your company will develop and build leadership qualities and skills. This map should include time frames for when specific skills and qualities should be mastered and should also include the methods that will be used for learning these things.

The most significant reason to have a leadership development plan is to remove any confusion about what kind of leader your team needs. Everyone has a different definition of what it means to lead. Some people think the best managers are assertive and stern, keeping everyone on schedule. Others think that managers should be friendly and motivating. By creating a plan for how you’ll help leaders develop, you ensure that your team has the kind of leader that your organization needs specifically.

Why is Leadership Development Plan Important?

Leadership is a very complex topic. There are many opinions and schools of thought about what leaders should look like. Your plan helps define what leadership should be within your organization. But there are three other important reasons to have a leadership development plan:

How to Create an Effective Leadership Development Plan

When you are considering evaluating an employee for leadership potential, the best thing you can do is have your development plan already in place. That way, you can determine where on the plan the employee should start. Here’s how you can begin developing an effective plan today.

How to Execute Your Leadership Development Plan

Now that you have a plan, it’s time to execute. As you begin working through the training, mentoring, and other activities outlined in the plan, be sure to perform regular assessments. It’s crucial to track progress for many reasons.

It can help motivate you or the employee going through the training. It also helps you keep an eye on the progress of your management team so that you can address any weaknesses before they become actual problems. Finally, regular assessments help you avoid losing momentum when the organization faces a busy season.

Remember that this plan can be executed for any employee at any stage of their career. Even an executive-level leader may wish to improve their skills.

Developing your leadership plan is one of the best ways to maintain a great company culture. With expert leaders in place, you will have fewer problems with unmotivated employees and high churn rates. Instead, you will have efficient teams working happily with leaders who genuinely connect to the organization’s objectives.