Businesses need leaders. Without them, the team has no direction and it isn’t long until there is a breakdown in communication, productivity, responsibility and results. That spells disaster for a business which, while current senior members of staff may be strong leaders, up and coming employees display little to no leadership qualities.
It is for this reason why businesses need to look at how to develop leadership skills in employees. It is to protect the future of the company, but also to develop and motivate employees to grow in their current position and, with that, grow the business.
Training and development also show that the business is keen and willing to invest in its employees, which is key to improving staff retention rates. When staff are not provided with such opportunities to grow and develop, both from a personal and professional perspective, they are more likely to look elsewhere.