Part 2 Creating a "Culture" of Execution and Sustainability of Employee Performance!
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The document emphasizes the critical need for leadership development and training to enhance employee performance, productivity, and organizational success. It highlights statistics showing that effective training increases productivity, reduces employee turnover, and improves company profitability. CEOs acknowledge the necessity for cultural changes and better engagement strategies to develop future leaders, while a significant number feel unprepared to do so.
Part 2 Creating a "Culture" of Execution and Sustainability of Employee Performance!
- 1. How to create a “Culture” of Execution and Sustainable Employee Performance! Part 2
- 2. Part 2: Why it’s “Critical to Develop and Train your leaders and employees”
- 3. Breaking down our “Leadership Developing by Doing Process” "If you can't describe what you are doing as a process, you don't know what you are doing“ - W. Edwards Deming
- 4. Leadership Development and Training consistently enhances company in profits • Training by itself increased productivity by 22.4%; while training combined with coaching increased productivity by 88%. • Employees with poor training opportunities, 41 percent planned to leave within a year. Company's with excellent training opportunities, only 12 percent planned to leave. • 24% higher profit margin. • A return per dollar invested of $6.72 • Enhanced communication, teamwork, and problem solving skills. • Improved relationships with their employees and a better attitude toward management. • Greater self and leadership awareness. • Decreased time and effort spent solving people problems. • Increased ability to cope with, adapt to, and learn from a rapidly changing environment. American Society for Training & Development
- 5. “CEO’s who are not committed to investing the time and money developing their key managers and employees are neglecting their responsibility to grow the human capital of their companies, so vital to the long- term success of the organization.” Leadership’s Development Impact on Future Success Bill Gates, Founder Microsoft Corporation
- 6. Why Company CEOs and Owners say their Culture MUST change? 91% say the pace of change in all aspects of business 86.5% is ability to increase sales has become more difficult 77.5% say how work will need to be accomplished will change 66.3% indicate all of the above will require organization structure changes 85.4% will have to change how they engage employees for Co. to improve in the future 80% will need their management team to improve their engagement/communication skills 73.3% will have to become better in their critical thinking /decision making 72.3% say eliminating silos between departments to improve collaboration 73% of executives say the ability to develop future leaders within their company’s will have the greatest impact on their organization's future success. Yet only 1 out of 5 think they can do this effectively or have the time to do so! Leadership’s Development Impact on Future Success
- 7. 78.7% 73.0% 71.2% 68.1% 67.5% 66.0% 65.0% 62.1% 54.3% 46.6% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% Leadership Skills and Behaviors Biggest Areas for Personal Development Mentoring/Developing Internal Talent Conflict Management Skills Sharing Leadership/Delegation Skills Questioning Skills Performance Management Talent Management (Hiring/Developing people) Team Building Skills Listening Skills Decision Making Skills Time Management/Planning Skills Once you understand your people - Develop their leadership skills! Copyright 2015 Executive Peer Forum Center for Leadership Development and Research at the Stanford Graduate School of Business 2013
- 8. Typical Leadership Skills or Behavior areas most Staff Members say they need training Copyright 2013 Executive Peer Forum Leadership Development Skills Weighted Average % Never Been Formally Trained (1) Significant Training Needed (3) More Training Needed (5) Just Need a Little Training in This Area (8) Total Weight Average of Participants Planning, Time Management & Work Efficiency Skills Proper Employee Metrics and Feedback Skills Proper Employee Performance Management Skills Proper Employee Engagement & Communication Skills Asking the Right Questions and Listening Skills Conflict Management Skills Critical Thinking and Decision Making Skills EVALUATE YOUR CURRENT LEADERSHIP TEAMS SKILL SETS
- 9. Copyright 2013 Executive Peer Forum Leadership Development Skills Weighted Average % Never Been Formally Trained (1) Significant Training Needed (3) More Training Needed (5) Just Need a Little Training in This Area (8) Total Weight Average of Participants Of The Science of Hiring the Right Talent Mentoring and Developing Internal Talent Team Building Skills * Sharing Leadership/Delegation Skills Typical Leadership Skills or Behavior areas most Staff Members say they need training
- 10. Departmental and/or Individual Goals (KPIs) John D: New Actions & Behaviors (from PI Analysis) 1 - I will allow others to express their points of view first to build trust and encourage a safe environment of communication . 2 - Engage with coworkers more about discussing our path forward and communicate with them to understand their motivations, challenges and personal goals. 3 - I will get buy-in from those who support my business by establishing key performance indicators with them and, where appropriate, from their supervisors. Alignment Strategic Planning/ Decision Making leading to Successful Results Strategic Initiatives UVP Sales Growth Process Developed #1 Impact on Sustainable Revenue and Profit Growth is Culture Enhancement through Leadership Growth and Employee Development Behavior Assessment Training Customized per Individual Natural Behavior “Customized” Leadership Skills Training Based on P.I. Skill & Behaviors Assessment ADDING THE REST OF THE TRAINING MODULES
- 11. How to create a “Culture” of Execution and Sustainable Employee Performance! Call 717-586-8191 or email mike@exbleadership.com to learn how to get a free CEO or CEO and Leadership Team assessment!