People often say that they know enough about themselves but that is, most of the time, wrong. This is because most people like to think well of themselves they don't like to get into the nitty-gritty details of their personality. This is why self-reflection is often unpopular people would rather point out other people's faults than having their problematic traits pointed out to them. The Essentials Of Leadership Development Not all people who conduct leadership development are sensitive to the needs of different kinds of leaders. They don t realize that there are those leaders who rely or depend on other people or experiences just to keep them going while there are those who rely on themselves in bringing out their leadership skills. Competencies Recently, a 2002 study found that leading-edge companies define leadership by a set of competencies. These are now used to guide leadership development at all levels. By the same token, a majority of organizations have, on their own, identified and defined the characteristics and qualities of successful leaders. Making Leadership Development Effective Leadership development is one of the keys to keep leaders of a certain organization moving. This is one thing that helps them achieve goals that they have set for themselves and for the company. However, not all leaders of companies realize this early on that is why they are having problems with other heads of the company. Effective leadership Today, effective leadership is now commonly perceived as crucial to organizational success. Also, there is now more weight placed on leadership development than before. Even if it is still an important factor, producing individual leaders is no longer the main target in leadership development. Operating all kinds of businesses and based from all over the world, these organizations share similar traits in creating leadership development programs. Time and money investment To cut to the chase, running leadership development programs is expensive both in money and time. CEOs, however, think that this is the single best investment they make in their company.