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Business leadership development is extremely important for current business executives and those training to assume the role of a business executive. By investing in business leadership development, the business executive will earn greater respect from those they lead, while creating a return on investment which can be exponentially greater than any other form of professional development.
This is why True North Leadership, Inc. delivers innovative,
highly engaging and intensive executive leadership training
programs, which have been implemented in numerous organizations spread throughout a vast
number of industries.
We have executive leadership training programs which we are happy to offer and tailor for our clients:
The goal of our leadership development training programs are to learn, practice and implement key leadership development ideas that business leaders can immediately apply in their day-to-day activities.
3 Reasons Why Leaders Need to Focus on Emotional Intelligence
1. Emotionally Intelligent Leaders Earn More
In a multinational consulting firm, partners who showed high management focus emotional intelligence (EQ) competencies earned 139% more than the lower EQ partners (Boyatzis, 1999).
2. Emotionally Intelligent Leaders Have Greater Leadership Success
UCLA research indicates that only 7% of leadership success is attributable to intellect; 93% of success comes from trust, integrity, authenticity, honesty, creativity, presence, and resilience (All EI competencies) (cited in Cooper and Sawaf, 1996).
3. Emotionally Intelligent Leaders Are More Likely to be Hired
The executives selected based on emotional competence were far more likely to perform in the top third based on salary bonuses for performance of the divisions they led: 87% were in the top third. In addition, emotionally intelligent leaders with these competencies outperformed their targets by 15 to 20 percent. Those who lacked them under-performed by almost 20% (McClelland, 1999).
Leadership Development Case Study:
One Example of How Business Leadership Development Creates Organizational Success.
Challenge: A healthcare company was growing rapidly and wanted to brand both their company and their employees in order to attract new workers. Specifically, the senior team was all the same age and was in need of more bench strength.
Strategy:True North Leadership, Inc. created and provided a seven day business leadership training development program over four months based on Mangaement Focus Emotional Intelligence.
Results: Many of the leadership development participants were promoted, saving the company recruiting dollars. Tough decisions were made to hold employees accountable and as a result, some workers were redeployed. Post leadership assessments demonstrated that the emotionally intelligent leaders were: more visionary, doing more coaching, building better relationships, creating more team development and participation, and increasing employee retention. In working with the Human Resources Department to establish the Return on Investment (ROI) for the leadership development training programs, it was calculated that the over $100,000 investment had a $700,000 return.
In addition, Climate Factors assessed at the end of the leadership development program resulted in a:
15% increase in cooperation within the teams
15% increase in congeniality within the teams
12% increase in clarity of expectations
12% increase in understanding the mission and direction
21% increase in satisfaction with performance rewards
14% increase in risk taking
9% increase in innovation
If this leadership development experience is similar to the scenario in your organization, please contact us today so that we may implement a leadership training program which creates a strong ROI for your organization.