8 Benefits of Engaging With a Leadership Development Company

How many times in the past month have you looked around your company and thought 'this is not going well'? How many times have you looked at your employees and seen disengagement and unhappiness?

If your answer to those questions hits you in a way you weren't hoping for, then you are in the right place. You may need to hire a leadership development company to improve your organization as a whole.

Read on to learn 8 benefits of using company leadership development programs.



1. Increase Productivity 

Many times, leaders of companies or even the employees of companies can feel stuck or at a loss of what to do next. They almost feel maxed out at their potential. And when someone feels this way, it can be difficult to work as much as they should.

But if leaders and employees take a leadership development course, there is more room to grow and develop. There's always a way to develop oneself in the business sector, and one way to do that is through a course.

Once someone sees their potential and learns how to get there, productivity will increase. They now see themselves as leaders and can help to mitigate problems, solve issues, and create solutions that were not there before.

Performance is enhanced as employees strive to reach their new potential after taking a course.

2. Increase Employee Engagement

When employees feel that they have reached their potential and can't grow in the company anymore, their engagement is going to dwindle. They won't be as all-in in meetings or in their projects. Ultimately, this hurts the company.

When an employee feels that their company is investing time and energy (and money) in them, their engagement will increase. As engagement increases, turnover rates decrease. 

In reality, the higher turnover rate a company has reflects poorly on leadership. Having your leaders take a course or training on how to be a more effective leader may also increase employee engagement and lower the turnover rate.

Nurture Future Leaders

There will come a time in every company where the current leaders will have to step down due to retirement, moving companies, or for another reason. If you haven't spent time investing in your future leaders, the company has no one to lead. Current employees haven't been able to access their potential if that's the case.

However, if you nurture future leaders in the company and organization that you run, they will be ready to step up to the plate whenever the time comes. Not only that, but the more experience they have in terms of leadership will help them lead others and problem solve in the company as well.

3. Improve Skills

As a company leader, it's important that your employees have the skills they need to be successful. And if they can improve those skills, there's no reason why they shouldn't.

Leadership development courses can help improve employees' skills in all dimensions. As employees' skillsets improve, they may even feel responsible for making sure that the company runs smoothly. They now have more of a responsibility to invest time back into the company with their newfound skills.

4. Improve Teamwork 

If you feel that there is a disconnect from one team member to the next, or maybe even from the leaders to the employees, then it is definitely time to look into companies with leadership development.

Almost every part of a leadership course has to do with teamwork. It's difficult to be a leader without knowing how to work well with others or how to problem solve by working with your team. We're stronger as a community and organization than as individuals.

That's why teamwork is so important. 

As part of fostering teamwork, team-building activities are extremely important. They build trust, create stronger relationships, and push employees to ask for help.

Any type of activity can be team-building if it is fostering a community. It could be something as simple as going out to dinner as a company or something more complex like volunteering on one Saturday out of each month as a team.

Working together as a team will help to foster more community to improve teamwork.

5. Improve Community Culture

There are millions of workers in the United States that are unhappy at their current jobs. This could be because leadership is lacking, the boss is mean, there are not many incentives to work hard, or pay isn't as great as they want.

There are many reasons that someone may be unhappy at their job. But one of the reasons may be that the community doesn't feel like a community. They don't feel valued as an employee and therefore, going to work doesn't always feel the best.

Having every single employee at your organization go through a leadership development course can change this. Because the courses help teach problem-solving, communication, trust, and the qualities of what it takes to be a leader, there will be an improvement in the community culture at your company.

The more team-building activities that happen (even if they continue after the course) will also make employees feel valued as part of a community.

6. Enable Better Decision-Making 

There are always going to be problems within a company. There will always need to be solutions that are found to solve those problems.

But that doesn't always come easy, and sometimes, these problems sit there unattended for quite some time. This may just make matters worse.

Teaching Emotional Intelligence

Since leadership development training courses tend to focus on emotional intelligence, problem-solving and decision-making not only becomes easier, but it becomes a focus.

Emotional intelligence is often taught in these courses because it focuses on the traits and qualities that a true leader needs to have to successfully lead. Emotional intelligence helps with decision-making as well as making sure you are showing empathy toward employees. You'll learn more about how to show compassion in the workplace, use empathy to push employees to their potential, and use your feelings and emotions to your advantage.

As more people within the organization have a higher emotional intelligence after a leadership training course, better decisions will be made. Employees and leaders can think through the problem and solution on all fronts and how it may affect the organization and employees within it. There are no rash decisions, and each one is made with a meticulous thought process.

7. Higher Return on Investment

Based on a global coaching study, 86% of companies calculated that they at least made their investment in the course back. 19% showed an ROI of at least 50 times greater than the initial investment. 28% saw an ROI of 10 to 49 times the investment.

These numbers alone indicate that investing in a leadership course creates a much higher ROI.

Investing time and money in a leadership development course can actually create a higher return on investment for your company. Because of the boost in employee morale when they realize you are investing time and energy into them, they will most likely do the same back to you. This means they are investing more time into their work, which in turn is going to benefit the company.

8. Improve Company Agility

There will be problems that arise within and around companies all of the time. As a leader, it's your job to make sure that your employees are behind you to solve the issue.

With better leadership skills, you and your company can jump on the issue much quicker than you would have without the skills. With a drastic change, a workplace accident, or a change in the economy when it is least expected, you and your leadership team can act right away without hesitation. 

This can mean the difference between being successful and staying afloat or failing as a company.

Invest in a Leadership Development Company Today

If your company is feeling like it is stuck, your organization seems to be falling apart at the seams, or you simply just need to make some small improvements, it may be time to invest in a leadership development company for you, your leaders, and your employees.

There are a ton of benefits to doing this! You can increase your employee retention, better the company culture, improve decision-making and problem-solving within the organization, and create a higher ROI within the company.

If you're ready to invest, you need to check out our out-of-the-box leadership program on Sherpa Cruise. Ready for your leadership adventure? Contact us today so we can get started!