Any business that wants to thrive over the long term must invest heavily in its leadership development process. It is an investment in the future of the business and its workers, ensuring that everyone has the knowledge and character needed to lead successfully. Finding future leaders within the organization and giving them the chance to grow professionally through mentorship, coaching, and other activities is known as leadership development.
Organizations need support from management and individual contributors for a leadership development program to be implemented successfully. To give this process priority, it takes commitment on all fronts.