How to Develop Executive Leadership Skills
Do you have a hard time developing leadership skills at your organization? Pinsight offers tools to fairly assess and further develop executive leadership skills. In this article, we will explore how these tools can equip your leaders, their managers and the organization with more confidence to be able to increase organizational performance and build a culture of coaching and growth.
We realize that leaders have an extraordinary transformational impact on the team members they lead. This makes the role of a leader laden with responsibility, but also opportunity. Our mission is to bring fairness to leader selection, development, and succession. If we can get better processes, more equitable and accessible tools in the hands of as many leaders as possible, we can continue to shape a great organization and a great society for all. The driving force behind our values of fairness, evidence and potential is incorporated in everything we do.
We also have a strong philosophy of a growth mindset and are committed to helping leaders unlock who they are, show other people what they can do, and to ultimately bring about the potential that sits inside them, their team and the organization.
Over the past 14 years, we have been building a Virtual leadership & development platform to, firstly, assess leaders of mid and executive levels in a more efficient, cost-effective process, and, secondly, provide a smooth process of developing leadership skills. Our simulation software is used to assess leaders by immersing them in a realistic day-in-the-life experience of leadership. This brings us well informed and reliable data about who the leader is and what they can do today. What we’ve been doing with that data is bringing that into two important places of our platform- the leadership development and talent analytics. This provides more clarity and transparency in the current and future state of the talent in an organization.
The Pinsight app
The Pinsight App empowers employees to create lasting change while allowing organizations to track their improvements in real-time. The App uses baseline data from our leadership assessments and offers these key benefits:
- Data-backed and evidence-based approach
- Converts “diagnosis” into an actionable “treatment”
- Offers hyper-personalized development plan
- Scalable development for every leader
Please watch the quick video below to understand how the Pinsight app uses the power of a daily “habit” to develop skills needed for various leadership positions.
On average, people start using the Pinsight app within a week, and they log to practice 3-4 practice days per week. We analyzed the internal data about the app usage by several thousand leaders and found that:
- Those with higher learning aptitude are 2x more likely to use the app
- Those who receive lower simulation scores are 2x more likely to use the app
- Those who start practicing early are 2x more likely to keep using the app
- Those in the tech industry are 3x more likely to use the app
When it comes to implementation, the quicker the organization can motivate leaders to start practicing their skills via the Pinsight app, the much more likely they will see higher adoption and increased duration and frequency of the app usage. By further analysis of the patterns of the app usage and comparing it with several of the outcomes that we’re tracking, we discovered this encouraging correlation:
Leaders who use the pinsight app are 2x more likely to advance their careers than leaders who don’t
The Development Dashboard
Although using The Pinsight App makes habit building and daily leadership development easier, leaders will still need support in their growth journeys. Different leaders will seek different types of support depending on their personal preferences and development progress. To provide leaders with targeted support and meet them where they are, we have introduced the Development Dashboard.
While leaders use the Pinsight App to strengthen their skills, the Development Dashboard provides managers with greater visibility into a leader’s growth, their development priorities, and level of engagement with The Pinsight App.
The development dashboard shows the following metrics about the leader’s development: Days Practiced, Skills Practiced, Skill Priorities, Improvement Scores, Weekly Focus, Coaching Notes.
Finally, based on this data, the Development Dashboard provides Smart Coaching Suggestions targeted to each leader and their particular phase of development. These coaching recommendations enable organizations to provide hyper-personalized coaching to strengthen leaders’ motivation to continue smoothly in their development journey.
Please watch the quick video below that walks you through the Dashboard.
With the Pinsight App and the Development Dashboard, it is easier to develop executive leadership skills by fostering a coaching culture and improving the quality of 1-on-1 development discussions.
Would you like to learn how your organization can benefit from the Pinsight Assessment and Development solutions?
Book a consultation now with us or if you need more information, watch the following recording of the webinar that was hosted by our CEO, Martin Lanik & COO, Michelle Brown. They explained how to develop executive leadership skills and build a culture of coaching.
