The Benefits of a Leadership Development Plan

Do you have a leadership development plan?

It could be for a specific type of role you’re aiming for or to simply become better in your existing position. Either way, it’s good to have some structure for your future.

Creating a leadership development plan can help you set a framework. It becomes an agreement between you and your manager about the pathway for your career.

There are multiple benefits to having one. Here are just a few reasons why you should bring it up in your next one on one.

1. Personal growth and accountability.

Often leaders are so busy attending to the needs of their team that they forget to think of themselves. Like any professional, you need development and support. A plan can help by requiring you to think proactively about your needs and create a plan to meet them.

However, there is also accountability for your leader. The program is used to support regular conversations about your development over the year. So, it also creates actions for you both to complete before the next time you meet.

2. Prioritising your development

A leadership development plan provides a tool for allocating targeted activities that you need to develop your skills and abilities. It could be attending conferences, completing coursework, enrolling in a seminar, or engaging with a leadership coach.

A plan lays out the resources that can help you work toward professional growth and improve your approach to performance targets.

3. Leading by modelling

Successful leadership involves leading by example, and taking your professional growth is no different. Modelling this behaviour through a plan helps leaders demonstrate learning is a priority.

You will find that your team members would like a similar plan to give them structure for their future. However, while the goals and actions will be different, the plan itself will likely be formatted the same way.

What should be in a Leadership Development Plan?

An excellent place to start in developing a leadership development plan is to examine what is required of you by the business. At an absolute minimum, a plan should include:

  1. Mutually agreed-upon goals
  2. Activities to support those goals
  3. A schedule for those activities
  4. Evidence of accomplishment of goals
  5. An agenda for monitoring the leadership development plan
  6. Opportunities for check-ins to track progress, provide feedback, and make adjustments if required

What to Include in Your Leadership Development Plan

It’s important to be honest with yourself about what you need development in. Don’t just pick the areas you feel like you need more help. So, you should target skills or abilities that you’re also good at and figure out ways to become better. A leadership development plan should provide a balanced approach to your future goals as a leader.

So, if you need something to add to your plan, then why not include the Better Boss Blog? You’ll find tips, tricks, and advice on how to improve your leadership capability. Follow pwf services on LinkedIn, Instagram, and Facebook, so you never miss a post.

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