Leadership development strategies should be high on the list of priorities for any organization, particularly for small, medium and large businesses that rely on efficient management teams. You need to ensure that key skills and invaluable business insights are shared and passed down to prospective leaders to avoid gaps in knowledge in the future.
Ensure that your future leaders are able to fully appreciate all aspects of your business, not just their current department. You should also encourage them to gain a broad understanding of your industry as well the future possible directions for your organization. This is essential knowledge for any future business manager who may one day make the decisions that shape your organization.
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