Why Are Edtech Firms Focussing On Leadership Programmes
In the new normal, leadership programmes have become vital for organisations to leap forward with continuous learning and development and a more aligned workforce
The Indian ed-tech industry was growing before the pandemic, but Covid-19 sped up that expansion drastically. Ed-tech platforms and portals have also significantly contributed to developing many career opportunities. Since career advancement is closely tied to technical advancement and continuous upskilling, almost all organisations need leaders with a good balance of technical and leadership skills.
The Indian ed-tech industry has not only helped create thousands of new jobs, but it has but it possible for many current workers to receive retraining and upskilling. Upskilling is one of the key levers that helps professionals and fresh graduates broaden their perspective and align their skills to emerging organisational needs.
The widening skill gaps in today’s workforce have come to light due to the intensifying competition for talent and leaders. Regardless of the time, location or regional limitations, ed-tech service providers assist learners and professionals in gaining access to leadership programmes to advance their skills and improve their job prospects in line with their goals. In addition, there is a focus on providing a mix of soft and hard skills to prepare people to face the challenges of a rapidly transforming world. As a result, ed-tech companies and online education service providers are crucial to bridging skill gaps and reshaping the labour market. Leadership programmes are crucial for the modern-day workforce.
Importance of Leadership Programmes
The gap between the organisational culture that leaders believe they are fostering and the culture they wish to foster is closed by leadership training. By establishing leadership programmes, leaders gain feedback on how they influence subordinates and peers and what actions and steps may be made to address areas needing immediate attention. Influential leaders distinguish themselves by being aware of their actions' direct and indirect effects on those who depend on them. Leadership programs broaden participants' understanding of their influence and the impact its impact. To improve the effectiveness, performance and productivity of the company and its people, leaders can find ideas and tactics that can be used by evaluating their leadership effectiveness.
Great leaders know their strengths and flaws, which is equally crucial. Thus, feedback and insight into the strengths and positive facets of a leader's actions and styles are provided by leadership training programs. These training programs and resources make sure that strength is analysed and mastered, creating a mentor who is well-rounded and helpful to people around them at work. Furthermore, leaders require information on how to improve their capacity to achieve the organisation's goals to be consistent with the majority of businesses' visions, values and strategies. Providing leaders with a high-quality education is imperative to help them achieve organisational objectives.
The benefits of Leadership Development Programmes
Several organisations undertake leadership development programmes to prepare individuals with potential for senior leadership positions. Companies must create leadership development programmes that inculcate the necessary abilities to help them reach certain corporate objectives. Moreover, creating a programme to improve leadership abilities has the following advantages:
Better financial performance: The growth of leadership is instantly noticeable in many areas that directly impact the organisation. Businesses can increase their returns fivefold by investing in employees who can save expenses, increase customer happiness and explore new revenue streams.
Attracting and retaining talent: Employees can progress within a firm through leadership development programs rather than leaving to pursue their career goals elsewhere. By imparting these initiatives as a top priority, a firm demonstrates its dedication to creating high-performing people and gives them a reason to devote their time and career to the company.
Better customer retention: Customer-facing teams' level of service and perceived value are significantly impacted by the leader's capacity to inspire, coach and encourage. Companies can construct a customer-centric culture that fosters retention and repeat business by focussing on training their executives and other employees, especially in terms of client connections.
All things considered
To ensure that professionals fulfill their roles with the right skill set and clear objectives, organisations are investing time and resources in high-quality, customised leadership programmes with the help of ed-tech firms. Since they foster technology and company growth, promote a positive work environment and mentor the organisation's newcomers, influential leaders are essential assets for any organisation. In the new normal, leadership programmes have become vital for organisations to leap forward with continuous learning and development and a more aligned workforce.
Disclaimer: The views expressed in the article above are those of the authors' and do not necessarily represent or reflect the views of this publishing house
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