What is a Leadership Development Plan?
A leadership development plan is a strategic plan for developing and nurturing a successful team of managers, leaders, and executives. It outlines the objectives, action plans, and measurable targets (KPIs) needed to achieve the leadership team's goals. This plan helps to identify the skills and areas of improvement needed to ensure the success of the leadership team and their organization.
What's included in this Leadership Development Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Leadership Development Plan template for?
The Leadership Development Plan template is for HR teams in organizations of all sizes and industries. This template will help them create a plan to develop their managers, leaders, and executives to perform their best in their roles. It can be used to assess the current state of the team, develop goals and objectives, and implement action plans to meet those goals.
1. Define clear examples of your focus areas
The first step in creating a leadership development plan is to define the focus areas. Focus areas are the main goals or objectives that the plan is designed to accomplish. Examples of focus areas could include leadership development, team building, or strategic planning. It is important to define these focus areas clearly, so that the objectives, action plans, and measurable targets (KPIs) can be tailored to the team's needs.
2. Think about the objectives that could fall under that focus area
Once you have identified the focus areas, the next step is to think about the objectives that could fall under each focus area. Objectives are specific goals, such as increasing leadership capability or increasing team collaboration. These objectives should be achievable and measurable, so that progress can be tracked.
3. Set measurable targets (KPIs) to tackle the objective
For each objective, it is important to set measurable targets (KPIs). KPIs are specific, measurable targets that can be used to track progress towards achieving the objectives. Examples of KPIs could include increasing leadership scores from 3.2 to 4.2, or increasing team collaboration scores from 5.5 to 8.5.
4. Implement related projects to achieve the KPIs
To achieve the KPIs, it is necessary to implement related projects or action plans. These action plans should be tailored to the team's needs and focus on the skills and areas of improvement that are necessary to achieve the objectives. Examples of action plans could include implementing leadership training, or creating a strategic initiative implementation plan.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
The Cascade Strategy Execution Platform is a powerful tool that allows teams to quickly and easily create, manage, and track their leadership development plans. The platform helps teams to quickly and accurately assess their progress, identify areas for improvement, and develop strategies to achieve their goals.