A good leader is not concerned with being famous. People who are more concerned with popularity might not be influential. In addition, a good leader is open to constructive criticism. They are not afraid to point out unethical practices and is flexible and adaptable. Moreover, they also welcome different opinions, as it will enhance their effectiveness. Finally, a good leader can make difficult decisions and build trust. CEOs can bring out the best in their employees. 

How?

• Learn how to identify potential.

One of the most valuable tips for individuals is to find emerging leaders within the team. Budding leaders can be found in any company. One must identify and nurture these leaders to fill the crucial roles. People needs to build leadersto inspire and push others out of their comfort zones. CEOs can hold a program to honeindividuals’ skills.

• Facilitate leadership development

It is a must that one’s business strategy includes developing leadership skills. A leadership plan should address all levels of employees and show when they are ready to take on leadership roles. While mentorship and training are helpful, they cannot replace experience and on-the-job learning. The challenge of a job rotation or assignment can help them to develop new skills, confidence, and a better understanding of their roles within the company.

• Coaching as support

CEOs have the responsibility to mentor potential leaders. One-on-one coaching is a method of personal development that they can use for this kind of discussion in which leaders can provide advice and guidance in particular areas. Their coaching can be a way to support and assist their emerging leaders, as well as assist with any difficulties they might face. Training can also be a great assistance for superiorsto recognize and address the weaknesses and fears of budding leaders.

Continue reading the infographic below created and designed by the famous Corporate Learning Solutions known for their management programs to learn more: