Benefits of Leadership Training

Benefits of Leadership Training

November 24, 2020

Bob Lobos

Five Benefits of Leadership Training with Wolf Creek Busines Growth Institute

Effective leaders aren’t marked by a title or job position, and their training doesn’t stop when they get the job. Leadership training programs offer business owners the opportunity to invest in their employees’ leadership potential. These programs vary in duration and nature, including seminar-style courses, one-on-one sessions, self-paced training, or group sessions, just to name a few. By enrolling leaders in these programs, business owners can ensure their leaders get the training they need to excel in their positions with topics dedicated to specific skills.

Some topics typically covered in leadership training programs include:

  • Five levels of leadership
  • Listening skills
  • Communication and interpersonal skills
  • Problem-solving and decision-making skills
  • Personnel management
  • And More

Intentional leadership training such as Wolf Creek BGI’s executive coaching always pays off in dividends. Leadership training has benefits like increasing profits, improving employee retention, improving your office’s culture, and more. These benefits that the programs provide make a real difference in your company and make investing in your employees worthwhile.

  1. Improve Decision Making to Bolster Your Bottom Line

Leadership training leads to better decision making back at the office. Because leadership training usually emphasizes interpersonal skills, employees who attend training report higher levels of emotional intelligence. Leaders with high levels of emotional intelligence have the perspective and patience to make informed, thought-out decisions, and those people are the ones you want running your ship.

When you invest in your leaders, you give them the freedom to make the best decisions possible for your company, resulting in a better bottom line. According to Harvard Business Review, companies that engage in leadership training deliver stock market returns that are five times higher than companies that do not partake. When you invest in your leaders, they invest more in your business.

[Related: Finding the Right Business Growth Strategy]

  1. Increase Productivity

Effective leaders make for a more productive work environment. Part of leadership is about understanding your employees emotionally to empower and engage them. Leadership training that focuses on interpersonal emotion can teach managers to make employees excited about their day-to-day projects.

Investing in leadership development sends a message to your managers that you care about them and believe in their abilities. This inspires them not only to meet but surpass your expectations. Coaching programs can boost employee morale and take your business from a workplace to a great place to work.

  1. Retain Your Employees

LinkedIn’s 2018 Workforce Learning & Development Report concluded that 94% of employees would remain at their companies if employers invested in their careers. Hiring a new employee is more expensive than retaining an existing one, so you should be doing what you can to keep the people you chose to hire happy. Leadership training programs motivate your top employees to keep working for you instead of seeking employment elsewhere.

In addition, over 75% of people voluntarily leaving their jobs leave due to ineffective leaders. This is one of the biggest benefits of leadership training – you can inspire loyalty, retain your people, and reduce costly recruitment expenses.

  1. Inspire Confidence

Self-esteem plays an important role in how people get along with others and how ambitious they are in advancing their careers. An effective leadership training program offers attendees the skills they need to make their employees more confident, enabling them to share new ideas they might not have shared before. Not only that, but the right leadership training will make your leaders more confident too!

When leaders have high self-esteem, they’re more likely to take initiative, motivate others, and foster positive relationships.

  1. Increase Interpersonal Communication

Interpersonal communication is at the heart of any good leadership training. When your leaders know how to talk to employees (and each other) in a way that both commands and shows respect, your business will be more than a source of income for your employees. It will be a space of ambition, friendship, and mutual support.

Leadership Development by Wolf Creek BGI

If you’re interested in investing in your people with leadership training, the team of coaches at Wolf Creek Business Growth Institute can help you look through your options. Our coaches work with you to customize a program to fit your business’s unique needs. Give Wolf Creek BGI a call at 225-219-8866 today to speak to a coach!

[Related: Business Coach vs. Business Consultant]