1 December, 2015
Leadership Analytics – The Way to Track, Measure and Improve Leadership Effectiveness
This week we’re going to take a look at the case for using Leadership Analytics in your business.
If you’re like most businesses, you’re probably drowning in data. You’ve got numbers on revenue, productivity, lost time accidents, employee engagement – along with a whole bunch of other measures.
And yet, if you’re like most businesses, what you don’t have is real visibility of the primary factor which drives all those measures.
That primary factor is the ‘leadership performance of your managers’.
We know, for example, that high levels of employee engagement lead to higher productivity, higher profitability and higher quality – along with fewer accidents and lower employee turnover. We also know that managers are responsible at least 70% of the variance in employee engagement scores across business units1. And yet, most businesses don’t have real visibility of the critical leadership activity which drives all these measures.
That’s where Leadership Analytics comes in.
Leadership Analytics is a data driven approach to measuring, tracking and improving the on-job leadership effectiveness of your managers.
And when you have the data, it enables you to:
- Pinpoint exactly what’s holding you back from achieving the performance levels you’re looking for in your business.
- Uncover leadership problems before disaster strikes.
- Improve employee engagement to world-class levels.
- Pinpoint the development needs of your managers – so you don’t waste money taking a scatter-gun approach to training.
There’s an old saying “You can’t manage what you don’t measure”.
And if you don’t measure the leadership performance of your managers, you can’t adequately manage the most critical factor in your business which drives all those measures for you – that is, the leadership activity of your managers.
So, if you don’t do this already, I encourage you to take advantage and leverage what Leadership Analytics has to offer you.
That’s it for this week.
Next week, we’ll look at the methodology you can embed in your business, to help managers improve their leadership effectiveness on-the-job.
Until then, have a superb week!
1Gallup. (2015). State of the American manager: Analytics and advice for leaders, p. 4.
To get our report “The #1 Most Costly Leadership Development Mistake Businesses Make, and What to do About It”, which shows how to make sure you get the increases in employee performance and engagement you’re wanting from your leadership development program, for more profit, click here.