No matter how much has changed in the working world over the last few years, one thing remains constant: the pivotal role of leadership in shaping organizational culture. At Arbinger, we’ve seen firsthand that when an organization invests in their leadership team, the positive outcomes trickle all the way down throughout the organization.
In fact, our recent research report revealed that 52% of those surveyed believe that leadership development has the greatest impact on improving an organization’s culture. Successful leadership development initiatives are also associated with a more positive outlook on business success, increases in revenue, and feelings of contributing meaningful work that makes an impact.
For that reason, we wanted to dig in deeper and explore the profound impact leadership development has on an organization’s success—and what leadership teams can do to propel culture transformation.
Leadership is not just a position—it’s a catalyst for change. A positive company culture starts from the top down, making leaders the key to unlocking its benefits. So when it comes to questioning why to invest in leadership development, the answer is clear: it’s crucial for yielding far-reaching benefits.
We know that leadership development has the most significant impact on improving an organization’s culture, but on top of that:
These reasons alone should be enough to want to double down on your leadership development efforts, but it doesn’t stop there.
Quality leadership isn’t just a nice-to-have, it’s essential for retaining your top talent. Without effective leadership, employees become disengaged, resulting in significant performance and retention issues. And the cost of replacing an employee can range from an additional 90% to 200% of their annual salary.
In addition, there’s matters of accountability, helpfulness, conflict resolution, relationship-building, and even corrective action–-all of which are a lot easier to make happen on the foundation of a strong culture.
With all this in mind, investing in leadership development becomes an obvious choice. But then, the question becomes less about why than how.
The workplace has undergone unprecedented changes in recent years. In challenging times, the need for strong leadership to steer the ship is paramount.
But if all this has you wondering, “Where do I start?”—we’ve got you covered.
To answer all these questions and more, we published The Leadership Gold Standard: A Blueprint to Culture Transformation from the Top Down. In it, we provide a blueprint for culture transformation, beginning with leadership.
The guide outlines seven core areas of leadership development:
Leadership development is a necessity for organizations who are looking to transform any element of their organization’s culture. After all, leadership sets the tone for everything going on at your organization—from the smallest interactions to major strategic plans.
Ready to take the first step? Get your free copy of The Leadership Gold Standard: A Blueprint to Culture Transformation from the Top Down.
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