Developing a leadership culture in the organization takes time. It cannot be implemented overnight and requires efforts and resources to create effective leaders at every level of the organization. Companies that make leadership development a top organizational priority enjoy the advantage of attracting leadership talents, retaining them and staying ahead of the competition. When a leadership culture exists at every level of the company, the employees feel valued, are more committed and accountable, and deliver results that match or exceed expectations. Selecting leaders among your talent pool also ensures that your staff grows professionally and the institutional knowledge that they have gained is retained. However, there are some costs as well that add up as a result of replacements when the employees move up the hierarchy but the long term benefits outweighs those costs. A leadership culture contributes to the overall development of the organization.