Why Develop Leaders?

Winston, Michael G.
October 2007
Leadership Excellence Essentials;Oct2007, Vol. 24 Issue 10, p12
The article discusses the reasons behind leadership development. Leaders encourage development by giving reward to excellent performance, by being role models, and by encouraging both personal and professional growth. Companies that invest in leadership have a better chance of recovering markets. Keeping employees motivated will keep them working with high effort and enthusiasm. Investing in people leads to employee productivity and satisfaction and consequently, good financial performance.


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