Many leadership development strategies fall short because they confuse leader development with leadership development. An easy mistake to make in the short term, yet perniciously lethal in the long term. Leader development is about ensuring a pipeline of leaders with the right skills for the roles they perform. Leadership development on the other hand is about the evolution of an organizationβs leadership culture. Investments in leader development result in a skill and knowledge-based culture, while a focus on leadership development results in a future-ready purpose-based culture.
The industrial economy put a premium on the repetitive delivery of process-driven factory work. This is what delivered quality products, consistently. The knowledge economy is quite different in that it puts a premium on cognitive decision making, collaborative problem solving and creative thinking. This is what delivers innovation