Coaching: A System for Building High-Potential Leaders to Fill Leadership Gaps in Major Industries of The Bahamas
Coaching: A System for Building High-Potential Leaders to Fill Leadership Gaps in Major Industries of The Bahamas
Valderine Hamilton | 2023
Abstract
This study aimed to investigate leadership gaps in four major Bahamian economic sectors and create a leadership coaching system for building high-potential leaders to fill future vacancies. It is imperative that a supply of suitably trained and experienced leadership candidates is always available to fill leadership vacancies as they arise. The research question asked and answered was: Are there sufficient trained individuals presently available or being developed to provide strategic leadership that maximizes the potential and minimizes deficits within critical sectors of the Bahamian economy? The research used a mix-method approach that employed three primary modes: secondary research, interviews, and surveys. A review of secondary data on labor market statistics was conducted to obtain information on the various sectors. Leaders within the four sectors were interviewed to gather information on leadership gaps and to identify the critical traits, competencies, and attitudes leaders need to perform successfully in each industry. Lastly, a cross-section of supervisors, managers, and directors was surveyed to determine their views on the importance of good leadership. The significant findings about the environments studied indicate that there is no official system for identifying, tracking, or developing high-potential individuals; minimal investment is being made in human resources, and there is no strategic focus on the importance of leadership development. Key findings about the views of leaders working in the environments studied are that they value good leadership, they desire to be good leaders, and they overwhelmingly desire consistent preparation for future leadership opportunities. Based on the research results, the answer to the research question is no; there are insufficient individuals to fill the gaps. To change this, sector leaders must think strategically about leadership development and see the benefit of employing leadership coaching. The author recommends adapting the Coaching and Leadership Development System (CLDS) created as a part of this research.
Keywords: leaders, leadership, coaching, leadership development