Ascension Leadership Academy Lifespring Developing Future Leaders
                     Ascension Leaders
hip Academy 
Lifespring 
Developing Future 
Leaders
The definition of what it takes to be a 
leader – and how to develop one – evolves 
over time.
Does a leader manage or lead? Should all 
managers be considered leaders? For 
those who believe they should, the next 
issue is how to create better leaders from 
the workforce's raw materials and under-
developed managers.
There are many definitions of what makes an 
effective leader and how to develop them in 
today's multi-generational workplace. Good 
leadership qualities generally include diligence, 
integrity, ethics, and empathy.
Identifying and developing high-potential 
emplo0yees has been a business trend for many 
years. However, most businesses still need to 
do mo3re to develop underutilized leadership 
skills in the rest of their workforce.
Importance of 
Ascension Leadership Academy Lifespring 
and Having Good Leaders
 Most businesses regard leaders as an 
unquestionable requirement, with a few notable 
exceptions. Organizations do not require any 
more bad leaders.
Why are good leaders essential in business?
Improve Business Lifespan
The average business lifespan is getting 
shorter.
According to a 2018 Inn sights report, the 
average lifespan of S&P 500 companies is 
less than half of what it was in 1997 and 
continues declining. In 2027, we expect these 
large corporations to last about 12 years, 
compared to 30 years in 1997.
Good leaders can tap into the workforce's 
creativity, innovation, and empathy to stay 
connected with the consumer. It allows them 
to stay ahead of the competition by 
developing better products and solutions.
Foster Workplace Diversity
The workforce (and thus the customer 
base) is becoming more diverse.
Most businesses deal with an 
increasingly diverse set of customer 
needs and value preferences, 
necessitating access to a broader talent 
pool.
In the workplace, there are five 
generations. Most industries are 
addressing issues of equity, equality, 
and social justice.
Good leaders value diverse 
experiences, skills, and perspectives 
and can use them to develop better 
solutions for their clients.
Support Young Workforces
Employee expectations have shifted. 
Younger generations have expressed 
a desire for purpose and meaning to 
be developed, included, and 
coached.
Millennials now make up more than 
half of the workforce, and their share 
is growing. Many older workers 
desire the same thing.
 Clear Goals and Milestones
 Each participant in the 
leadership development 
program should have met with a 
mentor to establish short and 
long-term goals. There should 
also be a way to track progress 
with regular checkpoints. Adult 
learners, according to 
Christopher Pappas, eLearning 
Network's founder, "prefer 
practical knowledge that will 
refine their skills, support their 
work, and boost their 
confidence." Use this as a metric 
for success.
Retention Program
After completing the training 
program, leaders should receive 
constant support and meet with 
small groups monthly. When a 
company invests so heavily in 
developing leaders, they can 
immediately transfer these traits to 
their jobs, but they will still require 
guidance and support to succeed. 
Leader retention is beneficial to 
business.
A compassionate and human-centered leader 
adapts to the needs of a changing workforce in the 
face of changing circumstances. They don't rely on 
a few "tried-and-true" leadership traits.
Good leaders value and develop their employees 
as individuals with distinct needs.