Leveraging Geographic Expansion for Leadership Development

Geographic expansion is impacting all contractors whether it is major customers pulling them into new markets, new competition coming into their “hometown” or as a proactive strategic growth move by the contractor.

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Given the talent shortage that will be 3X worse by 2020 contractors must look at ways to accelerate their leadership development.

Geographic Expansion Leadership Development. How can you leverage geographic expansion for leadership development?

If managed right geographic expansion can be a great tool for developing leadership.  The organizational structure has to be setup correctly with the right levels of training, coaching, mentoring and management in place.  This is a tricky balance to strike with some of the tactics being counter intuitive. 

Don’t underestimate either the value or the challenges of geographic expansion. 

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Business Operating System
Contractors must have a clear vision with specific goals. It is the strength of the business operating layer of their companies that will keep them on track to achieve those goals.
Two Key Results for Project Planning
There are two critical key results that should be focused on as part of every project planning process.
The Leadership Vibrancy Curve
Leaders must navigate (1) the stages of contractor growth, (2) the phases of management team development, and (3) the arc of their own career and life. Maintaining the right levels of leadership vibrancy leads to sustainable scaling and succession.