Leadership capability assessments proactively identify future gaps

CANBERRA, Australia - Dec. 19, 2022 - PRLog -- There are many leadership assessment tools out there, but according to the Acorn subject matter experts, a leadership capability assessment is one of the best ways to do it. Rather than only looking at leadership skills, a leadership capability assessment looks at the competency level at which those skills are performed in tandem with business-critical knowledge, processes, mindsets and expertise. In their latest article, the Acorn experts delve into what a leadership capability assessment looks like and how to do it.

Most leaders aren't hitting the mark. Harvard Business Review research found 61% of executives felt unprepared to face the strategic challenges of leadership positions, while McKinsey reports only 10% of CEOs believe leadership development initiatives actually have business impact. The former means they weren't prepared to enter the role, but that latter indicates development opportunities aren't working because they don't address the core problem.

"Leadership is the make-or-break point for all organisations, from those scaling up to those with the lion's share of the market," said Blake Proberts (Co-Founder and Managing Director). "Benchmarking and assessing leadership capabilities is essentially an exercise in benchmarking and assessing organisational health."

Assessing leadership capabilities comes from gathering three core sets of data that enable organisations to optimally use HR and L&D resources. That data involves benchmarking capabilities, understanding leadership needs, and utilising tools and resources.

It's important to use capability assessments at different stages of the leadership lifecycle, including during recruitment, when identifying emerging leaders, and for succession planning. This ensures quality of talent and that the ever-moving leadership development pipeline is running at the pace you need.

You can read the Acorn experts' full article explaining leadership capability assessments on Acorn Labs: https://hubs.ly/Q01vz9Nf0

Pursuit Technology is one of Australia's fastest growing HR technology companies. Pursuit, via Acorn LMS, takes a different view to strategically enabling HR and L&D teams compared to traditional providers. Rather than focusing on analytics after learning experience, their products use workforce planning and capability frameworks prior to any learning. By linking to a company's strategy, Pursuit products can inform organisational capability gaps and suggest education, deliver this education, then measure the impact – proving business impact by the HR and L&D team in a quantifiable way.