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The Future of Leadership Development
Summary
Companies are increasingly recognizing the need to invest in leadership development in order to survive in today's unpredictable business environment. However, traditional approaches to leadership development are often ineffective due to a lack of soft skills, employees leaving after training, and difficulty applying learning to the job. To close these gaps, Mihnea Moldoveanu and Das Narayandas suggest investing in a "personal learning cloud" consisting of online courses, interactive platforms, and digital tools. This approach is transforming leadership development by making it more personalized, social, contextualized, and trackable.
Q&As
What are the three main issues with traditional approaches to leadership development?
The three main issues with traditional approaches to leadership development are that organizations don't always benefit as much as individual learners do, providers aren't developing the soft skills organizations need, and it's often difficult to apply lessons learned in class to the real world.
What is the “personal learning cloud” and how is it transforming leadership development?
The “personal learning cloud” is an array of online courses, interactive platforms, and digital tools from both legacy providers and upstarts. It is transforming leadership development by making it easy and affordable to get personalized, socialized, contextualized, and trackable learning experiences.
What does the need for leadership development stem from?
The need for leadership development stems from the need for organizations to survive in today’s volatile, uncertain, complex, and ambiguous environment.
What are the technical, relational, and communication skills necessary for leaders to be equipped with?
The technical, relational, and communication skills necessary for leaders to be equipped with are the skills needed to make consequential decisions that align with corporate strategy and culture.
What are the benefits of the “personal learning cloud” compared to traditional approaches to leadership development?
The benefits of the “personal learning cloud” compared to traditional approaches to leadership development are that it is easy and affordable to get personalized, socialized, contextualized, and trackable learning experiences.
AI Comments
đź‘Ť This article provides a comprehensive overview of the current state of leadership development and offers a look at the exciting potential of the Personal Learning Cloud.
đź‘Ž The article fails to provide clear guidance on how organizations can effectively utilize the Personal Learning Cloud to maximize their return on their investment in leadership development.
AI Discussion
Me: It's about the future of leadership development. It talks about how traditional approaches to leadership development don't always meet the needs of organizations or individuals, and how companies are now investing in online courses, interactive platforms, and digital tools for leadership development to get personalized, socialized, contextualized, and trackable learning experiences.
Friend: That's interesting. What implications do you think this has?
Me: I think it implies that companies have to be more open to embracing new methods of leadership development. It also means that employees need to take ownership of their own development and be prepared to invest in digital training and learning tools to stay ahead of the curve. Additionally, it suggests that traditional providers need to focus more on soft skills and on providing learning experiences that can be applied to real-world situations.
Action items
- Research and explore the different online courses, interactive platforms, and digital tools available for leadership development.
- Reach out to colleagues, mentors, and other professionals in your network to learn from their experiences and gain insights into leadership development.
- Develop a personalized plan for leadership development that includes both traditional and digital learning tools.
Technical terms
- Navigation Menu
- A menu of options that allows a user to navigate a website or application.
- Subscribe
- To sign up to receive regular updates from a website or service.
- CLEAR
- An acronym for “Continuous Learning and Engagement for Accelerated Results”, a program designed to help organizations develop their leadership capabilities.
- PLC
- An acronym for “Personal Learning Cloud”, a fast-growing array of online courses, interactive platforms, and digital tools from both legacy providers and upstarts.
- Adhocracies
- A type of organization that emphasizes individual initiative and collaborative problem-solving.
- C-suite
- A term used to refer to the most senior executives in an organization, typically the CEO, CFO, and COO.