Have you ever faced problems when a leader was replaced? Every organisation encounters certain issues with their succession strategy. While some organisations lack such a plan, those who have a succession plan usually fail to succeed with it. Many entrepreneurs fail to realise that a leader who is best for today, may not be good enough for tomorrow as market trends constantly change. In spite of having effective strategies and programs to recruit and retain employees, many senior executives end up in frustration when they are met with shortages of resources to fill up a leading position. Often senior level vacancies are best met with existing employees as they are well acquainted with your organisationâ€™s norms and culture.
But, how do you create rising talent to meet the needs of leadership roles?
As recruitment consultants in India, we have come across such issues several times. Here are some useful solutions to help you create a pool of potential leaders.
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Throw Across Challenges
The first step is to discover potential leaders from the current employees in your organisation. Challenges often reveal the true potential of a person. Give potential employees challenging assignments or give them tasks that are designed to push them past their skills. You can also rotate them through different jobs. This way, you will be able to determine a particular employeeâ€™s expertise and discover whether or not they have the basic leadership qualities or the potential to handle the senior role.
Be a Role Model to Subordinates
True leaders are those who are willing to share their knowledge to develop future leaders. Powerful leaders are known to be constant learners. As a leader, not only must you be transparent in sharing your valuable insights but also instill a sense of continuous learning and development in your subordinates. Talking to your subordinates frequently, knowing their goals, their problems, and assisting them with your knowledge and experience will help you nurture talent to be your successor some day.
Offer Feedback and Coaching
Unless you give your subordinates the guidance and necessary feedback, how are they going to grow or fulfill their duties to the best of their abilities? Coaching is an important part of developing future leaders within the organisation. Everyone wants to know where they stand and how they are progressing in their careers. Set up a schedule to provide your subordinates with feedback. Motivate them to do better when they succeed in an endeavour and offer constructive feedback when they fail to do something. Also, clarify acceptable failures. Providing them the necessary guidance will ensure they grow and prove to be organisational leaders.
Every leader is different. Before utilizing these pointers to create rising talent, identify the best leadership type suited to your organisation. Remember, this is also subject to change. Developing leadership starts with right recruitment. Partnering with a recruitment consultant in India will prove beneficial in building a talented team.