Maximize Your Leadership Development Efforts, Even During Crisis

    DUBLIN, OH, May 20, 2009 /24-7PressRelease/ -- MindLeaders, an e-learning company dedicated to helping people and businesses learn, announced the release of a new white paper focusing on effective leadership development, even during a struggling economy.

"Leadership development is a critical component of successful business operations," MindLeaders President Paul MacCartney said. "Properly trained leaders are more likely to make tactical decisions that will increase the value of the business and ensure ongoing success."

Effective leadership development programs not only reduce attrition of outstanding performers, but they also help ensure that leaders properly manage the most expensive asset a company has - its talent pool. This paper examines the costs of poor leadership development practices and helps businesses maximize leadership development and succession planning efforts.

Leadership gaps and insufficient succession planning are serious problems in today's marketplace. According to a 2006 poll by Bersin and Associates, more than 50 percent of companies identified gaps in the leadership pipeline as a major challenge. As older workers retire, leadership ranks will be among those hardest hit. But this leadership crisis isn't strictly one of numbers- it's also created through lost opportunities, according to MacCartney.

"The reality is most companies set themselves up to fail when it comes to leadership and succession planning," MacCartney said. "With no formalized way to pass down valuable organizational knowledge from experienced workers to those next in line, most succession planning isn't linked to leadership development programs. Furthermore, managers are not held accountable for helping their direct reports grow in either organizational knowledge or leadership skills."

The "Leadership in Crisis: How to Maximize Leadership Development and Succession Planning" white paper will ask these important questions of your organization:
• How are poor leadership development practices costing your company?
• What makes an effective leadership development program?
• Are star performers the best place to look for future leaders?
• Where can you find talent to ensure a robust leadership pipeline and succession plan?

Take advantage of the how-to information this instructive white paper will offer- don't find yourself left out of a crucial leadership development opportunity for your business. To download this white paper, visit MindLeaders at http://www.mindleaders.com/solutions/leadership-succession-whitepaper.asp.

About MindLeaders
MindLeaders is a learning company. We have more than 27 years of experience designing e-learning programs to promote the success of people and companies. Our courses cover topics from software skills to leadership, from workplace and food safety to programming and network administration. To find out more about MindLeaders, visit http://www.mindleaders.com/ or call 1-800-223-3732.

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