By now, it should be clear to you what a leadership pipeline means, right? So, the question that needs answering now is: how important is this model for companies?
Although leadership is one of the most sought-after and valued skills by organizations, it is not uncommon for many to face difficulties in developing it among their own employees.
Considering that leading is a challenging task, to say the least, international mailing list it is not enough to simply elect a person to a leadership position without them going through a preparation and development process.
In this sense, the leadership pipeline proves to be a very useful tool. It is an important resource for managers to organize the leadership trajectory of employees and provide them with the necessary qualifications to take on such positions.
The advantages of adopting the leadership pipeline model are numerous:
ease in preparing succession plans;
better delimitation of responsibilities;
identification of potential leaders;
tailored training;
more accurate performance evaluation;
agility to train new leaders.
Therefore, applying the leadership pipeline model can bring benefits like these to your company, leading to better succession planning and the execution of better structured training programs.
Check out, below, more details on the main benefits that highlight the importance of the leadership pipeline.
1. Ease of preparing succession plans
As we mentioned, applying the leadership pipeline makes succession planning easier . That is, the passing of the baton from one leader to another becomes less noisy, as the future leader will be properly trained to perform this role.
This article may help you: “ What is a succession plan? Everything you need to know to plan your career ”
2. Better delimitation of responsibilities
The leadership pipeline clarifies which responsibilities fall to each hierarchical level.
3. Identifying potential leaders
The pipeline tool helps identify employees with the potential to become leaders and opens up opportunities for those interested in developing the necessary skills.
4. Tailored training
With the model, the HR sector can offer more effective leadership pipeline training tailored to each stage of the leader development journey.
It’s worth checking out: “ Training for sales managers: essential content and skills to be developed”
5. More accurate performance evaluation
The leadership pipeline helps to accurately assess the performance of employees in training and focus on the skills that need to be further developed.