Marketing & Design

Page 29

The Simple Way to Effectively Expand Leadership Capabilities in the Workplace.

MODELING & DELEGATING

by: Dr. Kreslyn Kelley-Ellis Authentic Leadership Series

Leadership is an art. It takes people who have the tendency to listen actively, work collaboratively, and make decisions courageously. These leaders are open-minded visionaries who excel at mobilizing others toward a common goal. Today, globalization and the influx of millennial workers has required a myriad of changes in the workplace. The economic, social, and cultural impact of these changes reaches across the globe across all sectors. This level of diversity has interfered with the way companies traditionally approach leading and managing: Firms are now striving to subscribe to newer and more relevant leadership models. In turn, this requires leaders to adapt their skills to handle the complexities of engaging and leading employees that are unique from colleagues of the past. Many U.S. companies must devote a large portion of their annual budget to leadership development. According to Gurdjian, Halbeisen and Lane (2014), businesses cumulatively spend about $14 billion annually on leadership development, and many will continue to make it a priority well into the future. While some fortune 500 companies have no problem allocating funds for professional development, others still grapple with how to develop leaders in the absence of a budget. Marketing & Design 29


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