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Stepping Up to the ROI Challenge

CLO Magazine

The Wall Street Journal ran an article a few years ago titled “So Much Training, So Little to Show for It.” And the authors of an October 2016 article in Harvard Business Review referred to leadership development programs as the “great training robbery.”. Some estimates put the annual investment in leadership development in the U.S.

ROI 77
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2019: The Year of Learning and Development

CLO Magazine

Almost of half of learning leaders report that in 2019 their budgets are increasing, 77 percent say they are adding staff, and 82 percent say their executives actively support efforts to engage employees in professional development. That learning and performance are two sides of the same coin.”.

DDI 62
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The Business Case for Leadership Development

CLO Magazine

The Wall Street Journal ran an article a few years ago titled “So Much Training, So Little to Show for It.” And the authors of an October 2016 article in Harvard Business Review referred to leadership development programs as the “great training robbery.”. Leadership Development Supports Business Goals .

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Searching for candidates can be like digging for buried treasure

CLO Magazine

Not surprisingly, corporate training budgets, especially those allocated to leadership development, have steadily grown. According to Training Industry’s “The State of the Leadership Training Market,” in 2018 alone organizations around the world spent about $3.4 billion on leadership development solutions. Some Common Concerns.

Search 92
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Sink or Swim: Setting First-time Leaders Up for Success

CLO Magazine

In other words, they were promoted into leadership because they were high-performing individual contributors. Never mind that the skills that often enable an individual contributor to perform at a high level typically are not the same ones that will make for an effective leader. New leaders need extra care, support and empathy.

DDI 60
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Dive In

CLO Magazine

estimated that leadership strength explained 80 percent of its sustainable performance. The Center for Creative Leadership reported that if done correctly, leadership development creates competitive advantage by driving strategy execution, navigating change, improving financial performance and retaining talent. McKinsey & Co.

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Accelerate the Leadership Engine

CLO Magazine

Snapshot: Nissan needed to develop 60 high-potential leaders in high-growth markets to support its global growth strategy, but these leaders were widely dispersed and could not physically be together for training. The diverse and dispersed operations require high-performing leaders in many functions and locations.