Leadership development may be the most important thing any company does. That’s why, every week, I review blogs and other publications that cover leadership development to find the very best leadership development posts. This week, you’ll find pointers to posts about why you should stop outsourcing leadership development, the factors that create outperforming stars, how WD-40 created a learning-obsessed company culture, and retaining your team with leadership development.
“However, while we have long known that most development happens in the workplace, we continue to rely on external, formal training to build leadership capability. There are five key reasons to shift away from traditional leadership training and development, and turn your focus toward helping employees develop critical skills and capabilities while they work.”
“What do basketball player Kareem Abdul-Jabbar, actress Cloris Leachman and Microsoft founder Bill Gates have in common? Research conducted over the past 15 years or so has found that, across industries, jobs and fields of human endeavour, a small number of people are responsible for the vast majority of value creation. Whether we call it the 80/20 rule, the ‘1%’ of the world’s wealthiest people, or use the formal statistical term ‘power curve’, whenever we measure the outcomes of human behaviour some version of this phenomenon seems to apply.”
“In the research for my book, Simply Brilliant, I spent time with lots of leaders with big ideas about the future. But none of them was as determined as Garry Ridge, CEO of the WD-40 Company, to keep learning as fast as the world is changing. Indeed, I’m not sure I’ve met a CEO who has made learning more central to the corporate culture than Ridge has, or has found more ways to develop a thirst for learning among his colleagues. How he is confronting the ‘paradox of expertise’ offers lessons for long-established organizations in all sorts of fields.”
“Many employees are disengaged and ready to ‘jump ship’ because they do not feel as if they are growing in their position, or may not have the right tools and ability in place to move up within their organization. Understanding where your employees see themselves in the coming years, and giving them guidance to achieve their goals, will increase your retention rates greatly.”