Quality of leadership largely determines whether an organization rises, falls, or remains stagnant. But leaders do not magically descend from some higher realm. They are cultivated over time through experience, education, and perseverance.
Nearly every company contains its share of potential leaders, and it is the responsibility of current leaders to identify and foster future leadership roles or else risk leaving a major hole in the organization. Failing to spot a future leader puts the company at risk of losing them forever.
Of course, not every worker is destined to be – or interested in being – a leader. Investing in these individuals is not a waste of time, but the lion’s share of leadership development resources are better spent on those who display the potential to hold a leadership role.
With that in mind, let’s go over how to identify future leaders at your organization.
Who Goes the Extra Mile in Your Company?
Past behavior is a good indicator of future behavior, especially when it comes to self-motivation and a willingness to learn. When seeking the future leaders of your company, a good place to start is by looking at previous results.
Consider who in your organization consistently goes above and beyond expectations. Look for people who think beyond the basics and seize opportunities to try new things and assist others.
- Who seems to have a burning desire to do more, learn more, and connect more?
- Which salesperson might not have the best sales numbers yet, but seems genuinely interested in being the top seller?
- Which customer service rep always leaves customers chuckling and smiling?
- Who’s always talking about wanting the company to grow?
- Who’s bursting with creative ideas?
In addition to work-related tasks, give a closer look to the employees who seem personally dedicated to outside causes and personal hobbies that show dedication. On an even more basic level, keep an eye on who helps out around the office simply because they care. They may have hidden leadership potential.
- Who stays behind to help clean up after an employee lunch?
- Who seems to remember everyone’s birthday and helps them feel special?
- Who has ideas for company celebrations and outings?
Employees who are highly motivated, results-driven, and interpersonally connected tend to show their enthusiasm without specifically being asked to do so. These are highly valuable employees and team members who come up with new, innovative ideas that drive the company’s efforts into new territories.
Pay close attention to the people in your company who keep the enterprise moving forward with passion, as they already exhibit strong leadership qualities. With extra support and encouragement, they could become your company’s future superstar managers and executives.
Weigh Both Potential and Performance
Also, look beyond your sales and customer service staff. Even if they’re not your top performers in terms of your bottom line, they might be perfect fits for various leadership roles in the future. Provide leadership training now, and your company could help all kinds of people become top performers who reach new heights. Performance is undoubtedly a key indicator when spotting future leaders, but it’s not the only indicator. You may have employees who hold high potential but who are currently diamonds in the rough. They may work extremely hard but don’t seem to exude much leadership role potential quite yet.
“Leadership potential” is a somewhat ambiguous metric, of course, and therefore more difficult to pick apart than hard data. Still, pay attention to potential leadership skills, such as:
- Strong communication
- Organizational skills
- Team-building aptitude
- A desire to grow and learn
- Flexibility and adaptability
- Strategic thinking
- Humor and creativity
- Openness to feedback
- Willingness to be held accountable
Don’t make the mistake of thinking that a quiet or reserved person is incapable of being a leader. Not every leader is a bold, take-charge type. Some leadership roles call for more measured forms of leadership that are a great match for more reserved people.
Shake Up the Structure
Another helpful way to identify future leaders is by stirring the pot a bit. Start rotating job duties or assigning new roles to people every now and again. In doing so, some individuals will take full advantage of the opportunity, learning new skills and pushing themselves beyond their perceived limits.
Others may wish to stay in their comfort zones or might buckle under the pressure. You’ll be able to see who thrives when given more responsibility and who shies away from it or outright rejects it. This technique is known as job rotation, and it’s common in certain industries. Companies use it to see who can handle leadership, to prepare for audits or prevent fraud, and to keep employees engaged so they don’t burn out.
Job rotation is a powerful exercise for succession planning, as it can help you determine which candidates can adapt quickly and take on new roles when necessary. Not everyone is the right fit for leadership, and that’s okay. The goal is to find the right candidates for immediate additional leadership development.
Ask Yourself: Who Is Asking Questions?
While not everyone who asks questions is bound to be a leader, all future leaders ask questions. Leaders are curious, peppering people with questions about pivotal issues that impact the company, their teams, and their personal futures.
This spirit of inquiry is directly related to strong communication and therefore strong leadership. Questions are a huge part of tackling thorny issues and finding workable solutions. People with leadership potential also have the bravery and boldness to be inquisitive.
So keep an eye on those who take the time to clarify concepts, inquire about plan specifics, seek solutions to ongoing problems, and ask seemingly simple questions that others might be too timid to ask. These are the hallmarks of a potential leader and someone who inspires others to achieve great things.
Train Your Eye for Emotional Intelligence
Emotional intelligence, or EQ, is one of the most important qualities of a good leader. Those who can listen to the concerns and suggestions of others and act accordingly strengthen the company’s culture, encourage employee buy-in, promote teamwork, and improve the organization’s reputation and operations as a whole.
EQ is about understanding what people mean, even when it’s not what they say. This is a challenging concept for many people who aren’t naturally intuitive. In a professional setting, EQ is about being willing to have complex interpersonal interactions that reveal deeper truths and help move issues forward.
Contrary to popular myth, emotional intelligence is learned and not inborn. It’s a skill that can be developed through education, coaching, practice, and determination. Emotionally-intelligent company cultures tend to be more successful because they can nimbly seize opportunities that arise day after day.
When looking for EQ in future leaders, look for individuals who display empathy, self-awareness, self-regulation, motivation, and strong social skills. These individuals are often poised for leadership positions, with some additional guidance and support.
Who’s Personally Invested in the Organization?
Even if you’ve found a handful of candidates who meet the above criteria, you have to consider whether or not they’re in it for the long haul. Are they invested in your company? This isn’t a strictly financial question. It’s about an emotional and psychological investment that goes beyond the paycheck.
Those who show strong future leadership role potential are in high demand, after all, and many businesses spend significant resources training future managers only to have them exit the organization shortly after. This is a cycle of employee loss that’s much easier to prevent when you identify future leaders and nourish them to their full potential.
Developing future leaders in your company starts with identifying the best candidates and continues with retaining them. You may be pleasantly surprised at how many people in your organization want to move up in the company and remain working there if you give them the right motivation to do so through leadership development.
While you can’t force any of your leaders to stay at the company, investing in their growth is a crucial way to retain your top talent. And those who routinely express their interest in the company’s future and their role in it are top contenders for future leaders. In short, if a potential leader is invested in your organization, you must invest in their development.
The Accelerate Leadership Program
Does your company need additional assistance with how to identify future leaders and give them the support they need to flourish? At Leadership Resources, our goal is to help companies thrive through deploying effective leadership techniques, especially when it comes to nourishing emerging leaders.
Any company hoping to spot future leaders among its employees would benefit from leadership development coaching and education. Leadership coaching and development programs go far beyond basic leadership training programs because they use a holistic approach that incorporates a proven process, customized coursework, peer interactions, leadership coaches, software, and an archive of helpful resources to help them stay engaged.
Consider the Accelerate Leadership Program (ALP), which helps participants expand their leadership confidence and knowledge. ALP allows each participant to hone their leadership style while learning the essential skills it takes to connect with people and lead teams to success.
At Leadership Resources, we help companies identify emerging leaders and encourage them to reach their full potential. When your company needs to implement an effective future leadership strategy, we’re here to provide expert guidance and support.
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The business landscape has been rapidly evolving since the advent of high-speed internet, video conference platforms, and other technologies. And as the world economy becomes more connected, companies face new challenges and opportunities when it comes to hiring and retaining talent, developing future leaders, keeping teams together, and streamlining operations. The Entrepreneurial Operation System (EOS)® aims to help businesses and individuals achieve their goals amidst an ever-changing world with a complete set of simple concepts and practical tools aimed at strengthening the vision, cohesiveness, and overall health of teams.
The Benefits of Implementing EOS for Your Business
1. Keeping Teams on the Same Page Even When Separated Physically
When working remotely, leaders must employ specific team management methods to keep everyone on track. Without a solid framework, coherent goals, or established processes, this can be a major challenge. This is where Traction®, one of the Six Key Components™ outlined in the EOS Model™, comes into play. Traction focuses on taking tangible steps to execute shared goals via regular meetings at specific intervals. In other words, the principles of Traction negate the importance of physical distance — as long as everyone can clearly communicate, the company’s vision can be realized.
2. Maintaining Accountability Remotely
Traction (and all of EOS) is also about accountability and performance management. Again, physical separation can make it difficult for team members to keep tabs on one another. But by implementing the EOS Process® virtually for your business, you can maintain accountability in your teams no matter where they may be. For instance, a virtual Focus Day™ is designated to give your leaders tools to clarify roles and priorities within your organization, as well as resolve lingering issues and improve communication overall. Leaders then use what they have learned over the next 30 days to track tangible improvement.
3. Cultivating an Adaptable Company Culture
Organizations must retain some flexibility to respond and adapt to whatever changes occur in the world and within their industry. For example, the COVID-19 pandemic suddenly forced several businesses to shift their operations partially or completely online. No one knows when or even if things will return to the way they were prior to this global event. The “Quarterly Pulsing” of the EOS Process, which refer to sessions every 90 days to evaluate performance, reset priorities, resolve issues, etc., help create a dynamic, adaptable company culture that is strong enough to weather major external changes but also willing and able to change itself to benefit the organization as a whole.
4. Entering a Global Network of Entrepreneurs
Effective leadership development takes place both within an organization and outside of it. To truly grow as a leader, one must venture outside of their company and experience different places and opportunities, meet new people, and build a network of like-minded individuals. One of the distinct advantages of implementing EOS for your business is that it opens you up a global network of entrepreneurs. Normally, EOS hosts in-person conferences for people to meet and mingle. Of course, during these unprecedented times, these physical meetings are not viable. As a result, EOS has increased its output of webinars and even changed their conference to a virtual one so leaders around the globe can still share ideas and grow together without being in the same location.
If your organization has been struggling to reach its short- and long-term goals, implementing EOS can help get you back on course. And now, as businesses are encouraged to operate remotely if possible, the tools and principles of EOS are especially worth investing in to keep your people on the same page, your business ahead of the curve, and continuing to develop your leaders.
At Leadership Resources, our purpose is making the impossible possible through people. We aim to do so by helping individuals develop patterns of success that will decrease stress levels and maximize productivity. Contact us here to learn more about what we do and how we can help your business succeed and grow.
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As businesses grow, decision-makers might struggle to steer their organization in the right direction. The path forward isn’t always clear, and some team members might not be on board with where things are headed. These difficult crossroads present an opportunity to revitalize the company’s vision, goals, and entire planning process. Powering ahead without taking a step back to examine the bigger picture can be disastrous.
If you operate a business in Lincoln, Nebraska and find your organization in similar straits, you can benefit greatly from adopting the Entrepreneurial Operation System (EOS)®. EOS is a proven process that helps businesses achieve their short- and long-term goals and improve their company culture via simple concepts and practical tools. Let’s go over how EOS can transform your Lincoln, NE business’ goal-setting and future planning strategies.
The Benefits of EOS
Creating Clarity
Without a clear idea of where your business is heading and why, you and your team will get stuck spinning your wheels rather than making meaningful progress. The EOS Model™ lists Vision as one of its Six Key Components™ for good reason, describing it as, “getting everyone in your organization 100% on the same page with where you’re going, and how you plan to get there.”
This component is at the heart of every activity your business undergoes within the EOS Process®. For instance, the initial 90 Minute Meeting, which is led by your Professional or Certified EOS Implementer®, is designed in part to create team buy-in regarding EOS. Then, Focus Day™ and Vision-Building Days™ deal with setting priorities, establishing and clarifying your vision, and devising a practical marketing strategy that covers shorter- and longer-term outlooks.
Increasing Accountability
The best-laid plans are ultimately meaningless if not executed upon. Using EOS, your business won’t just come up with strategic plans but also ensures that your people are actively doing their part to reach every goal and achieve your vision. This is where another one of the Six Key Components, Traction®, comes into play: “instilling focus, discipline, and accountability throughout the company so that everyone executes on that vision—every day.”
The Quarterly Sessions built into the EOS Process are focused on performance management and addressing any and all issues that stand in the way of progress. The Annual Sessions are meant to improve team management methods and re-establish and/or adjust the company’s vision moving forward based on the past year’s results.
Dynamic Planning and Developing Leaders
The world is constantly changing, including Lincoln Nebraska and your business itself. It doesn’t make sense to lock your organization into a static plan that doesn’t account for sudden developments in the business landscape or within your walls. You need a strong but flexible strategy instead. The Quarterly and Annual Sessions mentioned above ensure that your organization stays on its toes and recalibrates according to whatever external or internal changes might come. Additionally, if you want your business to continue thriving, you must focus on developing future leaders to take on important roles and move it forward. EOS prioritizes and promotes leadership development and health as well.
In order for your enterprise to grow, you must know where it’s headed, figure out how to get there, and act accordingly (which might mean charting a new course every now and again). The Entrepreneurial Operating System helps you clarify your vision, keep everyone accountable, and adapt in a changing environment.
At Leadership Resources, our purpose is making the impossible possible through people. We aim to do so by helping individuals develop patterns of success that will decrease stress levels and maximize productivity. Contact us here to learn more about what we do and how we can help your business succeed and grow.
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