Next, we compare the current skills with
the target skills to determine the gaps in performance, those that might need to
be addressed through the development of a supporting action plan.
We then select the competencies for future development,
then work on developing an action plan that consists of SMART goals.
This is an acronym that describes the format for
crafting a well-developed and effective goal for your competencies.
Lastly, you execute and track that plan.
And this, obviously,
then become an iterative process where you cycle through these steps
many times until you achieve the desired skill level for any particular competency.
We'll refer to this particular process throughout this course as
way of not only owning your own leadership development, but as a process
that you can use when you're in the lead role and developing your followers.