Wednesday, June 20, 2012

Bench Strength


It’s possible that you have heard the term “bench strength”. This term refers to those future leaders in your company, those who are being groomed to take over when the other leaders leave. A company should have great bench strength and be willing to think outside the box when it comes to promoting leaders and moving them up the ladder. But it isn’t as easy as just promoting people they have to be ready. In baseball teams don’t promote players from triple A to the majors unless they are ready. If they do it sometimes takes longer for the player to catch on and it will hurt the team.
How is your bench strength? Is your company grooming your next leaders or do you have to go outside the company to get the talent you need?
As a leader you have to prepare your people to succeed you as leader. You have to ready them or they will leave. What are some things you can do as a leader to make sure they are ready to be the next leader?
·         Today I will share with you a few things that will help you prepare your employees for leadership.

·         Train them on what it takes to be a leader. Don’t just train them on their job but make sure they understand what it takes to be a leader.

·         Give them opportunities to use the leadership skills they are learning.

·         Let them be mentored by others in the company so they can learn about other areas within the company.

·         Pay them well and promote them within your company. If you don’t do this you will lose the best talent. 

Build that bench strength or you will continue to look outside your company to find talent and it will continue to deplete your talent. Those who are there will get discouraged and look elsewhere for opportunities and better pay.
Don’t lose the talent train them well.

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