How to Sustain Competitive Advantage with Vertical Developmentā€”Talent and Competencies Are Not Enough

Agenda

To create truly sustainable competitive advantage, organizations must integrate vertical development into existing selection processes and skills training. Vertical development involves a focus on preparing leaders for challenges they will encounter in today’s increasingly volatile, complex, and ambiguous environment where information and situations are fluid and unpredictable.
It’s more important than ever to hire talented people and match them to the right roles. However, even the best talent in the right roles won’t produce consistent competitive advantage unless leaders continue to develop and grow. Creating a sustainable competitive advantage requires going beyond identifying the best leaders (selection) and providing ongoing training (horizontal development). Competitive advantage requires abilities to think in different ways and function within interdependent systems to meet the needs of the enterprise in a constantly changing and highly competitive global environment.
In this session we will show how to incorporate vertical development and gain competitive advantage for the organization.
Participants will learn how to:

  • Differentiate between horizontal and vertical development,
  • Understand how leadership selection combined with developing new ways of thinking and reacting can affect business outcomes, and
  • Generate ideas for vertical development that can be applied in their organizations.

Facilitator

Stosh D. Walsh

Senior Faculty - Global Markets, Center for Creative Leadership