Are You Missing Something in Your Leadership Development Program?
You are if it doesn’t include a Leadership Resources Management strategy.
Welcome to the LeadershipRMTM Universe, the home for our comprehensive Leadership Resources Management (LRM) strategy. Leadership resources management is a data-informed approach to strategically manage an organization’s leadership resources. It helps identify gaps in an individual leader’s practice of leadership, as well gaps in the perception of their leadership by their team (direct reports, peers and supervisor). It replaces subjective interviews, relationship-based promotions and selections with a quantifiable, repeatable and unbiased leadership management process.
Leadership resources management is critical to an organization’s continued growth and success. It can be the difference between keeping or losing your best leaders, the difference between identifying or missing high potential hires, the difference between eliminating or maintaining a toxic work environment, and the difference between promoting people based on leadership potential or based on prior functional success. Each of these could have dire consequences for an organization.
It utilizes many of the same philosophies as customer relationship management (CRM), which Professor Bennett was a recognized thought leader during the 1990s, namely:
The impact of using LeadershipRMTM in your organization can be far-reaching, including:
- Identifying gaps in an individual’s practice of leadership compared to a population average, to others at their organization level or a perception gap between how the leader views their leadership versus how their team perceives them
- Quantifiably identifying an organization’s best leaders with accompanying strategies for better retention
- Removing or minimizing bias in your leadership selection, promotion and hiring processes
- Better management of the human resources pipeline of prospective leaders
- Improving diversity, equity and inclusion initiatives by providing a quantifiable means to providing equal access while documenting nondiscriminatory selection practices
- Quantifying a return on investment for leadership development programs
LeadershipRMTM is powered by the proprietary Leadership IMPACT Assessment, a multi-discipline, behavior-based tool that assess an individual’s potential for and practice of leadership. LeadershipRMTM goes beyond measuring leadership to provide a strategy for managing a team or organization’s entire leadership resources.
Organizations spend considerable resources on leadership development programs, but little, if any, on actively managing the leadership resources they’ve trained.
Discover more about the different applications:
“Without data you’re just another person with an opinion.”
– W. Edwards Deming, Data Scientist
“Without leadership data your progress is just a person’s opinion.”
– J. Bryan Bennett, Leadership Innovator
The applications of LeadershipRMTM are numerous, including:
- Organizations can utilize it to supplement any leadership development program to assess individuals, team dynamics and organization level performance. DEI initiatives also benefit from the use of a quantifiable and unbiased tool to better identify candidates for hiring, promotions, assignments and resource allocations.
- Executive and career coaches can utilize it to identify specific areas for their clients to work on to become better leaders.
- Recruiters could utilize it to provide an added edge to make their candidates stand out from the rest being submitted.
- Management consultants can utilize it to gain a better understanding of the client leadership team’s capabilities. Change management, project management and six sigma initiatives all consider effective leadership a critical success factor.
- Private Equity Investors could even utilize it to assess the strength of the leadership team at the organization they are investing in.
Now, more than ever, effective leadership is needed throughout all institutions. The means of providing unbiased, quantifiable and repeatable assessments of leaders is available and should be embraced by all organizations. LeadershipRMSTM has significant value and can provide that leadership management support.
LeadershipRMTM Overview | Individual LeadershipRMTM
Team LeadershipRMTM | Organization LeadershipRMTM
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