The Business of Leadership
Keep Learning , Stay Relevant !
Top 10 Ways Leadership Development Boosts the Bottom Line
By : Bonnie Benkula , BSHCA , MBA
Certified Coach , Speaker , Trainer
The John Maxwell TEAM The Leaven Exchange Bonnie @ Benkula . com
Has your company invested in you lately ? Have you invested in your own development ? In order to grow personally and professionally and to remain competitive in the market , adults of all ages are investing in leadership development . By continuing to invest in one ’ s own growth , you develop new skills and even greater confidence . These are characteristics that feel good at any age .
Ask yourself , do you have the necessary leadership skills to lead your company , your family , your community or even your own children ? Do you believe that leadership can be learned ? Even if you are a so called born leader , if you do not invest in improving your skills , you will level off and you will not live up to your potential . It ’ s not just about individual leadership skills , research proves that companies that invest in leadership development have a great return for both individuals and their return on investment .
Find a program that you can relate to and invest in yourself and your team . My favorite is a proven program by John Maxwell . John has sold over twenty million books on leadership and has a leadership team that has trained over six million leaders in every nation . His methodology on The Five Steps of Leadership is a comprehensive growth process and development track for the growing leader .
John Maxwell ’ s Leadership training will get people inspired to lead beyond their titles . Companies can put programs in place that inspire people to develop strong relationships that lead to higher production . They will retain high potential employees and can begin to create a culture of leadership within a company . When this occurs , one can sit back and watch how their business is transformed from the inside out !
Top 10 Ways Leadership Training Boosts the Bottom Line
1 . Better communication among teams - > therefore reduced stress levels- > less meetings about meetings- > reduced costs - > increased bottom line
2 . Increased trust - > more creative discussion rather than tension and arguments- > improved and desirable culture - > happier employees 3 . Increased collaboration - > tailored communication - > greater understanding based on improved knowledge of personality types and motivators 4 . Increased trust and communication - > increases efficiencies- > increases bottom line 5 . Increased engagement - > greater competitive advantage - > increased sales- > increased revenue 6 . Higher client satisfaction due to higher employee passion- > employee passion leads to more effective leadership . 7 . Improved employee retention - > reduced costs - > increased bottom line 8 . Decrease interpersonal challenges- > increased connections - > increased relationship capital 9 . Increased confidence- > decrease competitive culture - > increased collaborative culture 10 . Increased job satisfaction - > increased engagement - > increased confidence in leadership team
Too many leaders never reach their full potential because they allow their title to define their leadership style . One who has developed into a complete leader has learned that there is so much more to leadership than position . Everyone in an organization can be positively influenced when the company decides to develop their leaders from within .
The great news is that companies that invest in their employees keep them longer and most important those employees do better while they are present . Good leaders know how to master difficult situations and have difficult conversations without devastating consequences . The ultimate payoff for companies is that they will experience a greater payoff to their bottom line in both revenue , staff longevity and staff satisfaction .
30 MOMENTUM / October 2018