One of the most reliable leadership
development tools in today’s complex business world is Leadership
Practices Inventory (LPI). It is a 360 degree assessment tool that
measures five leadership practices and inspires leaders to build
positive relationships and make amazing tasks happen.
Pros of Leadership Practices
Inventory (LPI):
- It provides constructive
feedback.
- It gives access to data in order to
determine lack of progress.
- It gives breakthrough insight to
desired skills to become extraordinary leader.
- It gives recognition that supports
skill development.
- It provides the guidelines to take
appropriate action.
- It generates development
options.
- It is effective approach towards
developing extraordinary leaders.
- The findings are consistent.
Cons of Leadership Practices
Inventory (LPI):
- It restricts from giving
advice.
- It is an indirect approach.
- Validity of answers is not
constant.
Usefulness of Leadership
Practices Inventory (LPI):
- It gives quantitative base to
required qualitative data.
- Feedback can be used to improve
leadership qualities.
- It helps in solving problems.
- It helps leaders to identify their
own problem and determine the most appropriate solution.
- It is used by individuals as well
as organizations.