Whether you’re an entrepreneur, a seasoned executive, or a leader in public safety, understanding how to cultivate leadership skills internally can be the one competitive advantage you are missing. I remember years ago touring The Ohio State University’s football program. There was a culture centered around internal leadership. Everywhere I turned, there was some reminder that the young men who trained there were leaders.
Nothing short.
Developing leadership from within your organization is more critical than ever. Companies that prioritize internal leadership cultivation often outperform those that rely solely on external hires. But why is this the case? Internal leaders already understand the company’s culture, values, and objectives, making them more effective and aligned with its mission.
The Value of Training Others
One of the most compelling reasons to focus on internal leadership development is its measurable impact. Studies show that influential leaders spend up to 90% of their time teaching and mentoring others. This commitment to developing team members not only improves individual performance but also strengthens the organization as a whole. When leaders invest in training others, they create a ripple effect that elevates the entire team.
Teaching and mentoring within an organization foster a culture of continuous learning and improvement. Employees who receive regular mentorship are more likely to feel valued and motivated, leading to higher retention rates.
A strong internal leadership culture has long-term benefits beyond immediate performance gains. Organizations with a robust leadership development program are better equipped to adapt to changes and face challenges. By cultivating leaders from within, companies can maintain continuity and stability, even during transition periods.
Misguided Beliefs About Leadership
Despite the benefits of internal leadership development, several things need to be clarified. One of the most common myths is that only seasoned managers can be influential leaders. This belief overlooks the potential of entrepreneurs and other non-traditional leaders who can bring innovative perspectives and drive change.
Many organizations believe that leadership roles should only be filled by individuals with extensive managerial experience. While experience is valuable, it is not the sole determinant of effective leadership. Entrepreneurs often possess agility, creativity, and resilience, essential for navigating today’s complex business environment.
There is also emerging research in brain plasticity that shows younger employees (less than 42) are great at unique problem-solving. When paired with senior employees (those over 42), the unique problem-solving abilities are rooted in a fiscally conservative reality. This is a crucial concept not to allow your business to spiral out of control chasing dreams.
Entrepreneurs are natural leaders. They are visionaries who can inspire and motivate others. Their ability to take risks, innovate, and adapt to changing circumstances uniquely suits them for leadership roles. By providing entrepreneurs with the right tools and support, organizations can harness their potential to drive growth and success.
Sam Walton
One of the most compelling examples of entrepreneurial leadership is Sam Walton, the founder of Walmart. Walton’s approach to leadership development offers valuable lessons for today’s business leaders.
Sam Walton was known for his hands-on leadership style and commitment to developing his employees. He believed in leading by example and was always willing to roll up his sleeves and work alongside his team. Walton’s humility and work ethic earned him the respect and loyalty of his employees.
Walton prioritized leadership development within Walmart. He invested in training programs and encouraged his employees to take on new challenges. Walton’s focus on internal leadership development helped to create a culture of continuous improvement and innovation.
Walton’s success in scaling Walmart can be attributed to his commitment to leadership development. By empowering his employees and fostering a culture of growth, Walton was able to build a company that could adapt and thrive in a rapidly changing market. His example underscores the importance of investing in leadership development for long-term success.
Strategies for Developing Leadership Skills
Developing leadership skills is an ongoing process that requires dedication and effort. Here are some practical tips for entrepreneurs and leaders looking to evolve their leadership capabilities.
It starts with you.
To become an effective leader, it is essential to develop your skills continually. Start by setting clear goals and seeking feedback from peers and mentors. Engage in regular self-reflection to identify areas for improvement and take proactive steps to address them.
Share yourself.
A mentorship culture is critical for leadership development. You can encourage experienced leaders within your organization to mentor junior employees. This not only helps to transfer knowledge and skills but also fosters a sense of community and collaboration.
See, ‘It starts with you.’
Continuous learning and adaptability are essential. Stay updated on industry trends and best practices, and be open to new ideas and approaches. By fostering a growth mindset, you can ensure that you and your team remain competitive and innovative.
The evolution of leadership requires a shift in focus from external hires to nurturing internal talent. Effective leaders understand the value of investing in their teams and spend a significant portion of their time teaching and mentoring. By dispelling common misconceptions about leadership and providing practical strategies for development, organizations can cultivate a solid internal leadership culture that drives long-term success.
I just wanted to let you know that now is the time for you to take action. Invest in your team’s growth and development, and watch as they rise to the challenge. Remember, the leaders of tomorrow are already within your organization—your role is to guide and support them on their journey.