This post is part of our biweekly "Office Hours" video series, featuring quick career, workplace and leadership tips from talent management experts and business leaders across the globe.
According to research from the Brandon Hall Group, over 10,000 baby boomers retire every day. By 2020, millennials will make up 46 percent of the workforce. A demographic shift is taking place—if you don't properly invest in younger employees, your organization will soon lack solid leadership.
A well-defined leadership development program sets high-potential leaders on track to run your company in ways that match their unique talents and your company's particular needs.
That's why Melissa Lanier, director of career and leadership development programs at T-Mobile, believes that all companies should pick a process for identifying promising leaders and use it consistently to guide strategic investments.
In this video, Lanier distills her approach into three basic steps. At their heart is a commitment to supporting individual leaders through their entire leadership journey: helping them build valuable skills, form key relationships and steer your organization into the future.
Header Photo: Creative Commons
Related Resources
Want to keep learning? Explore our products, customer stories, and the latest industry insights.
eBook
5 ways to make your workplace more LGBTQ+ inclusive
A diverse workplace is only as strong as the measures it puts into place to foster authentic and meaningful inclusion. People know when you're making a real effort or just going through the motions. We need to create work environments where everyone feels welcome and is empowered to bring their full self to work.
Datasheet
Improve workplace culture with modern compliance training
According to Gartner, workers are twice as likely to quit their jobs after observing compliance violations. Quite simply, non-compliance is costly. Not only does it mean hefty fines, but it also has the potential to hurt and organization’s reputation and decrease employee morale. What also makes compliance particularly challenging is that laws and regulations constantly change and update.
Research
Three essential elements for a future-ready workforce
The notion of “future ready” can mean different things, but there is one common thread when the topic is discussed within forward-thinking organizations. It’s possible for both employees and the company to thrive even within a very fluid and challenging operating environment as long as the right structural and technological elements are in place. Three key factors help create and maintain this ability to thrive: