Businesses need to invest time in their workforce and provide opportunities forprofessional developmentto ensure long-term success and growth. Implementing these strategies helps companies retain and upskill employees so they gain the knowledge necessary to advance in their roles. One such strategy is corporate leadership training, which develops general workplace skills and more targeted, role-specific skills.
Read more about corporate leadership training programs, what it entails, and how to implement a successful training program for your company.
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Empower teams with access to world-class content from 350+ top companies and universities
What is corporate leadership training?
Corporate leadership training is a professional development strategy that allows employees to develop their skills and professional knowledge to advance into more senior roles. These skills might be more general workplace skills, such as communication or conflict resolution, or more targeted skill sets needed within a specific industry to handle more responsibility.
Corporate leadership training is most effective when implemented for every level of employee within a company and not just for management or C-suite roles. This is because everyone can benefit from professional development, which makes them more effective team members. Leadership training also often helps business owners identify employees with strong potential to advance into more senior roles.
Read more:Upskilling Strategy: Why You Need One for Your Workforce
Types of corporate leadership training
Corporate leadership programs may be self-led, classroom-based, or hybrid style. Typically, leadership training tends to fall under three different categories:
Online or e-learning:Courses that employees work through at their own pace
Blended learning:Offers bothonlineand in-person training opportunities
Each method has its benefits, but many businesses succeed with a blended approach since it allows employees to choose the type of course that aligns with their own learning style.
Businesses can also seek out corporate leadership training opportunities that are less formalized but no less effective, including:
Shadowing other professionals
Experiential training, such as project management or presentations
Volunteer opportunities
What is corporate leadership training used for?
Corporate leadership training is used to invest in a company’s current workforce to incentivize them to stay and grow within the company. This training also identifies employees who would be positive additions to a management team, allowing them to develop the necessary skills to become eligible for promotion or advancement.
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Leaders at 4,300+ companies develop their talent with Coursera
Corporate leadership training topics
Choose topics that benefit your team to create an effective corporate leadership training program. Some of these topics might be specific to your industry, while more general ones might include:
Resilience to change
Problem-solving
Strategic thinking
Reliability
Communication
Project management
Initiative
Meeting management
Relationship building
Benefits and drawbacks of corporate leadership training
Corporate leadership training offers a wide range of benefits to both employers and employees. Employers often experience higher retention rates, which saves money on hiring and training new staff due to turnover. Corporate leadership training also helps to foster a workplace culture of learning. It can encourage a growth mindset, potentially inspiring team members to reach beyond their current roles and desire more responsibility and tasks. This results in overall growth within a company and capitalizes on the team’s expertise and experience.
Corporate leadership training allows employees to take a vested interest in their professional growth. This helps to boost morale, increase productivity, and create space for employees to take on new tasks that challenge and engage them. Employees engaged and invested in the company they work for are significantly more likely to stay and foster loyalty to a company.
Because corporate leadership training requires forethought and deliberate planning, drawbacks arise when businesses don’t carefully construct their program with their specific team in mind. Training courses that don’t meet employees’ needs, are offered at inconvenient times, or have too much information can result in less learning and higher costs since more training is necessary to address issues like poor attendance.
How to get started with corporate leadership training
Getting started with Coursera
Create an effective corporate leadership training program with courses on Coursera. WithCoursera for Business, you’ll find courses covering foundational knowledge, leadership and management skills, and industry-specific skills from the top universities and organizations across the globe.
Develop leaders from within your workforceLet’s work together to build lasting leadership skills for your organization.Learn more
Develop leaders from within your workforce
Let’s work together to build lasting leadership skills for your organization.
This content has been made available for informational purposes only. Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals.
