“From now on, [choosing my successor] is the most important decision I’ll make. It occupies a considerable amount of thought almost every day.” – Jack Welch, on succession planning in 1991 (10 years before his retirement)
Leadership development is critical in today’s fast changing business environment. Successful leaders take time to develop future others. Developing future leaders is a deliberate, daily task for leaders. It’s the leaders responsibility to develop others. Consider the following:
“How am I doing as a leader? The answer is how the people you lead are doing. Do they learn? Do they visit customers? Do they manage conflict? Do they initiate change? Are they growing and getting promoted? You wont remember when you retire what you did in the first quarter of 1994 or the third. What youll remember is how many people you developed. How many people you helped have a better career because of your interest and your dedication to their development…. When confused as to how you’re doing as a leader, find out how the people you lead are doing. You’ll know the answer.” – Larry Bossidy from The Leadership Engine
If the answer to the above questions is “no” or “I don’t know” then I would say you’re not effectively developing leaders.
“At the end of the day, you be on people, not on strategies” – Larry Bossidy from The Leadership Engine