Putting a spotlight on your top talent
Leadership development is amongst the hottest topics among business executives and a core component of a successful human resources strategy. And for good reason:
According to Development Dimensions International, from intellectual property to customer satisfaction, 80% of a company’s valuation is now intangible.
Talent management refers to the process of developing and integrating new workers, developing and retaining current workers, and attracting highly skilled workers to work for a company. Employee engagement is one positive effect of investing in modern talent management.
Finding tomorrow's leaders in your business
Helping your team establish learning development plans enables them to take ownership of their personal development—whether that’s through mentoring, skills assessment programs, online learning or in-house development.
These learning techniques can help you nurture the next generation of star performers and develop future company leadership teams. They also present an opportunity to develop an individual’s ability to contribute to the company’s revenue and performance overall.
Once you do this, people who want to develop their career will look for feedback and expect answers to questions like:
- “What skills and training do I need to develop to the next level?”
- "How can I gain more leadership experience within my current role?"
- "What role does mentorship play in my development?"
If you can answer these questions and mark the learning milestones of your talent, you will retain and turn your employees into leaders over time.
That’s good news for a business that wants to last.