. In fact, it is more difficult for an organization that does not have the right leadership development plan to survive than one that has problems with its products, because leadership can help overcome problems associated with the business.

No leadership development = no growth

Leadership development is the sine qua non for an organization, because it is people who make the organization. For people to reach their expected and potential levels of skill and development there is no ingredient that is as crucial as leadership development.

What is leadership development?

We can understand leadership development in a simple way. It is the process of grooming leadership in the organization to help it stay in the business, grow there and have the ability to weather any mishaps. Good leadership consists of helping the organization achieve all these. These are some of the elements of leadership development:

Selecting the right candidate

An effective leadership development program begins with the selection of the right employees for the leadership position. While it is true that leadership can be imparted; it is true that the employee with the right flair for leadership picks up the ropes much more effortlessly than one who is not gifted with the natural ability for leadership. Management and HR have a stellar role in deciding which among the organization’s employees need to be given the baton of leadership. They should select the employee with the right aptitude, natural ability, willingness and passion for the job

Imparting leadership development in the right manner

The next logical step is to implement ways by which leadership development can be imparted into the right candidate. It consists of selecting the methods of leadership development, such as training, collaborating, putting a process in place for leadership development, ensuring accountability, and seeing the process work. Leadership development is a long process that has to be built into the system over a period of time. It takes time for the leadership development program to start showing results.

References:

http://www.mercer.com/services/leadership-development

http://www.forbes.com/sites/jackzenger/2013/07/16/throw-your-old-plan-away-6-new-ways-to-build-leadership-development-into-your-job/