Today’s career college leaders must navigate an environment of rapid technological advancement, globalization, demographic shifts, and political uncertainty but they also need to cultivate a strong bench of leaders in order to plan for succession. A new study conducted by The Leadership Research Institute and the American Management Association examines the challenges facing organizations in selecting and developing global leaders. Participants in the study identified 14 drivers of change that leaders must address. The top 5 are shared below:
Top 5 Drivers of Change that Must Be Addressed
- focus on the customer (63 percent)
- product/service quality (42 percent)
- need for innovation (38 percent)
- talent retention (38 percent)
- operating efficiency (36 percent)
How can organizations create an environment that supports the identification and development of global leaders capable of addressing these key drivers of change? Respondents of the survey study agreed that the number one thing necessary within an organization is genuine support throughout the entire institution. To create this supportive environment, 5 key ingredients are necessary including...
5 Key Ingredients for Creating an Environment that Supports Global Leadership Development
- Valuing diversity
- Setting clear goals for leadership development
- Investing in technology to enhance the connectivity of virtual teams.
- Identifying future capabilities
- Nurturing future capabilities with a multifaceted approach to development that employs action learning and coaching
QUESTION TO YOU: In your opinion, what are the top key drivers of change that must be addressed by Career Colleges and what key ingredients are necessary to design an environment that supports the strategic selection and development of future global leaders? Share your thoughts by commenting below.
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