A Fully Developed Strategy is the Linchpin to Effective Leadership Development
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Each year, Leadership Development sits atop the list of Human Capital Management priorities – and disappointments. Overall, less than 40% of organizations participating in Brandon Hall Group’s 2016 Leadership Development research say their LD programs are effective, even while they plan to invest more time and money in 2017.
So why does Leadership Development have such a dysfunctional relationship between investment and success?
The answer can be summed up in one word – strategy.
About 81% of organizations responding to the research survey have less than a mature strategy that does not drive business performance. Among those organizations, between 21% and 39% believe their leadership development programs are effective (depending on the leadership levels).
But for the 19% that describe themselves as “Leading” organizations with a mature strategy that drives business performance, results are dramatically better: those rating LD as effective or very effective range from 59% to 93%, depending on the leadership levels.
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