Leadership development is today a US$50 billion worth industry involving services such as books, seminars, management training workshops, conferences and TED talks. However, most present-day CEOs do not believe that much impact is taking place. A mere seven percent are of the opinion that their companies are curating global leaders and a tenth believe that such initiatives have any clear business impact. More than forty key actions have been identified in a study by McKinsey on how to increase chances of success for leadership development programmes by a factor of eighty percent. Four key themes have emerged on solving this. First is, a focus on behaviours that truly matter, given the context. The next is, ensuring optimum reach within the organization. A proper system for transfer of learning capabilities need be installed. And finally, system reinforcements must be used to lock any changes.

Source:https://www.mckinsey.com/global-themes/leadership/whats-missing-in-leadership-development?cid=other-eml-ttn-mkq-mck-oth-1712

Uploaded Date:08 February 2018