{"id":5626,"date":"2019-01-10T06:53:45","date_gmt":"2019-01-10T14:53:45","guid":{"rendered":"https:\/\/www.knowledgecity.com\/blog\/?p=5626"},"modified":"2024-04-09T14:59:17","modified_gmt":"2024-04-09T21:59:17","slug":"find-train-future-leaders","status":"publish","type":"post","link":"https:\/\/www.knowledgecity.com\/blog\/find-train-future-leaders\/","title":{"rendered":"7 Tips for Identifying and Developing Future Leaders"},"content":{"rendered":"

Not only can great leaders double a company\u2019s profits<\/a>, they\u2019re costly to replace. Furthermore, the average C-suite tenure continues to decline <\/a>and 10,000 Baby Boomers reach <\/a>retirement age every day. Consequently,\u00a0strategic succession planning to develop future leaders is more important than ever.\"Person<\/a>But to do it right, you have to know how to recognize future leaders. If you\u2019re not sure, check out this list of effective tips and tricks to identify high-potential people in your organization.<\/p>\n

Keep These 7 Tips in Mind When Identifying and Developing Future Leaders:<\/h3>\n

1. Decide What Roles, Talents Matter Most for Future Leaders<\/h4>\n

Work with your Human Resources team to list the most crucial roles in the company. Then zero in on what leadership styles, skills or talents are most important for future leaders to be successful in these role. For example, creativity will likely be high on your must-have list for Chief Marketing Officer (CMO) successors.<\/p>\n

2. Don\u2019t Sleep on Soft Skills<\/strong><\/h4>\n

Traits of good future leaders include solid communication and emotional intelligence. Bottom line is that numbers matter, so don\u2019t forget that 90 percent<\/a> of top performers have a high emotional quotient, or EQ. You can also further develop your leaders’ EQ through employee training<\/a> to ensure they are at the top of their game.<\/p>\n