Developing future leaders (2/2): Help them nurture the traits they need

If you want to push executives to the next level, you can prepare tasks for them, during which they will need to make difficult choices. What works especially well are tasks in which the given leader will be responsible for profits and losses.  

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According to an article on the website of the INSEAD business school, there exist a number of methods which can be used in order to accelerate the character development of leaders. 

In the previous article we saw what traits are needed. Now let’s see how we can help young professionals to acquire these traits. It is not only about mentoring and coaching: there are more ways of aiding character development.

In their roles, high-potential leaders will more than likely make mistakes but these are necessary steps in the process of learning and improving. Tough decisions as well as the above-mentioned mistakes enable executives to gain some insight into their own character. They will then have a better idea of their own strengths and weaknesses.

Feedback not only from work but also from the family

Another good way of development is letting high-potential executives be exposed to feedback processes from all the employees working closely with them. They should receive feedback from bosses, teammates and subordinates.

If you manage also to provide them with feedback from their relatives and friends, you can create a huge momentum that may cause a behavioural change. This approach enables them to understand themselves even better. It also greatly encourages self-reflection.

Exemplary executives: the best role models

Allow young employees the opportunity to observe and collaborate with successful executives when they are dealing with some demanding situations.

Watching and talking with a seasoned executive, who has to do the right thing at the given moment, can be a great inspiration; it is also an opportunity to gain knowledge and aspiration so as to develop similar character traits oneself.

-jk-

Article source INSEAD Knowledge - INSEAD Business School knowledge portal
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