Since September of 2018, I have been routinely writing about why we need to invest in leadership training at this time period. Now that the new year celebrations have all passed, there is one more reason why we need to create more and better leaders.
During the last 18 months, more and more for-profit organizations have chosen a strategic path of making major acquisitions of other companies. In the world of non-profits, or as I like to call them, for-purpose organizations, there also has been numerous acquisitions plus many strategic mergers. The goal behind all of these actions is the belief that through these acquisitions and/or mergers along with a combination of greater efficiencies, standardization and centralization, a profit can be made or a greater capacity can be achieved to handle the current and emerging challenges in the market place.
However, once the deal is done, one simple problem surfaces. Where are the leaders who will run the acquired companies or oversee those who have been merged? Typically, this element is forgotten in the rush to “close the deal.”
Nevertheless, there are companies who have not forgotten this critical element to success. They remember Packard’s Law which states the following: “No company can consistently grow revenues faster than its ability to get enough of the right people to implement that growth with excellence.” Getting the right people means training key people to be the “right” people. In essence, you need to be developing leaders before you need leaders.
Also in highly effective companies, there is a deep understanding that once acquired or merged, the “new” organization needs to blend the two cultures and the two business models into one new culture and one business model. The ability of leaders to do this takes time, patience and clarity. It is not simply implementing a communication plan and hoping it all works out perfectly. Instead, it takes leaders at all levels of the company working together to make sure they are on-message in word and deed, recognizing that every beginning starts with an ending which needs to be treated with respect.
Given these current strategic choices, the best companies are expanding their pool of leaders and preparing them to solve today’s problems and helping them be well prepared for tomorrow’s choices and opportunities.
If your organization needs to be better prepared, then now is the time to sign up your key leaders for the 2019 From Vision to Action Leadership Training. Through a challenging, interactive curriculum which blends lectures, selected readings, small and large group discussions, and how to skill-building exercises, participants in this four part leadership training gain critical knowledge and skills which improve their ability to help their people and the organization as a whole move through the process of mergers and acquisitions.
For more information about this unique training experience, please click on the following link: http://www.chartyourpath.com/VTA-Leadership-Training.html
For more information about the dates, location, price and how to register for the 2019 training, please click on the following link: http://www.chartyourpath.com/VTA-Training-Details.html#Train2019
Now is the time to create leaders before you need them. I look forward to hearing from you in the coming days.