Leadership development is one of the greatest challenges facing organizations today, yet few companies have a successful strategy in place:
- Three-quarters of global organizations surveyed by Brandon Hall Group in 2014 said their leadership development programs were not effective.
- Less than half said they had formal leadership development strategies.
Future leaders have a different set of expectations, and organizations must respond by providing an environment that encourages individual success as well as organizational success.
To wrap up 2014 and kick off 2015, Brandon Hall Group highlights key developments this year, predicts 2015 trends, and highlights several research reports that provide guidance on how companies are empowering leaders to improve their leadership and improve business results.
Looking Back at 2014:
The following research reports provide guidance on how companies are empowering leaders to achieve these goals:
This KnowledgePoint report focuses on areas of talent management where organizations have prioritized more investment in the next 12 months. The data comes from Brandon Hall Group’s 2014 Talent Management Benchmarking Study and includes areas such as leadership development and succession management.
This white paper introduces the concepts of high-performance succession management (SM). Readers will understand the purpose of SM, be able to determine organizational readiness, understand leading practices, assess SM candidates, understand the role of technology in implementing SM, and understand the importance of integrating SM with other talent processes.
Brandon Hall Group’s team development research found that dysfunctional teams can negatively impact organizational productivity and quality by more than 76%. Teams are an important part of how work gets done in today’s organizations, so companies should keep in mind several characteristics of high-performing teams when developing teams.
Predictions for 2015: