Capterra Glossary
Leadership Development
Leadership development is a process that improves the skills and abilities of an individual to allow them to lead others towards a common goal. Leadership development often involves a set of activities that prepare current and future leaders to perform more effectively in their roles. These activities might include training modules, classes, practice, and other types of education.
What Small and Midsize Businesses Need to Know About Leadership Development
Leadership development is essential for all businesses. An effective business leader inspires teams to achieve company goals. Great leaders communicate ideas in ways that persuade others to take action. They identify and foster potential in employees, can form effective teams, set goals and expectations, avoid delays, and accomplish business goals. Excellent leaders demonstrate ethical practice and an attitude of innovation.
Related Terms
- Big Data
- Attrition
- Software as a Service (SaaS)
- Furlough
- Intranet
- Business Intelligence (BI) Services
- Enterprise Resource Planning (ERP)
- Analytics and Business Intelligence (ABI)
- Security Orchestration, Automation and Response (SOAR)
- Identity and Access Management (IAM)
- Managed Service Provider (MSP)
- Advanced Clinical Research Information Systems (ACRIS)
- Business Analytics
- Augmented Reality (AR)
- Customer Relationship Management (CRM)
- Remote Work
- AMO (Application Management Outsourcing)
- Procurement
- Go-to-Market (GTM) Strategy
- MSO (Management Services Organization)