Ascension Leadership Academy Lifespring Developing Future Leaders

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Ascension Leadership Academy Lifespring
Developing Future Leaders
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The definition of what it takes to be a leader
and how to develop one evolves over time.Does
a leader manage or lead? Should all managers be
considered leaders? For those who believe they
should, the next issue is how to create better
leaders from the workforce's raw materials and
under-developed managers.
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There are many definitions of what makes an
effective leader and how to develop them in
today's multi-generational workplace. Good
leadership qualities generally include diligence,
integrity, ethics, and empathy.Identifying and
developing high-potential employees has been a
business trend for many years. However, most
businesses still need to do more to develop
underutilized leadership skills in the rest of
their workforce.
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Importance of Ascension Leadership Academy
Lifespring and Having Good Leaders Most
businesses regard leaders as an unquestionable
requirement, with a few notable exceptions.
Organizations do not require any more bad
leaders.Why are good leaders essential in
business?
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• Improve Business Lifespan
• The average business lifespan is getting shorter.
• According to a 2018 Inn sights report, the
  average lifespan of SP 500 companies is less
  than half of what it was in 1997 and continues
  declining. In 2027, we expect these large
  corporations to last about 12 years, compared to
  30 years in 1997.
• Good leaders can tap into the workforce's
  creativity, innovation, and empathy to stay
  connected with the consumer. It allows them to
  stay ahead of the competition by developing
  better products and solutions.

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• Foster Workplace Diversity
• The workforce (and thus the customer base) is
  becoming more diverse.
• Most businesses deal with an increasingly diverse
  set of customer needs and value preferences,
  necessitating access to a broader talent pool.
• In the workplace, there are five generations.
  Most industries are addressing issues of equity,
  equality, and social justice.
• Good leaders value diverse experiences, skills,
  and perspectives and can use them to develop
  better solutions for their clients.

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• Support Young Workforces
• Employee expectations have shifted. Younger
  generations have expressed a desire for purpose
  and meaning to be developed, included, and
  coached.
• Millennials now make up more than half of the
  workforce, and their share is growing. Many older
  workers desire the same thing.

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• Clear Goals and Milestones
• Each participant in the leadership development
  program should have met with a mentor to
  establish short and long-term goals. There should
  also be a way to track progress with regular
  checkpoints. Adult learners, according to
  Christopher Pappas, eLearning Network's founder,
  "prefer practical knowledge that will refine
  their skills, support their work, and boost their
  confidence." Use this as a metric for success.

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• Retention Program
• After completing the training program, leaders
  should receive constant support and meet with
  small groups monthly. When a company invests so
  heavily in developing leaders, they can
  immediately transfer these traits to their jobs,
  but they will still require guidance and support
  to succeed. Leader retention is beneficial to
  business.

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A compassionate and human-centered leader adapts
to the needs of a changing workforce in the face
of changing circumstances. They don't rely on a
few "tried-and-true" leadership traits.Good
leaders value and develop their employees as
individuals with distinct needs.