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4 Reasons to Invest in Leadership Development

Updated: Aug 11, 2023

An Article By The Center of Creative Leadership, November 20 2020. View the full article HERE.

Why Is Leadership Development Important?

Independent studies by the Conference Board, Bersin by Deloitte, HR analytics experts McBassi & Company, and our own researchers consistently reach the same conclusion: Leadership development is one of the most pressing issues facing organizations today.

Why is leadership development so important? Because it represents a great chance for organizations to seize a competitive advantage in their industries.

If your business commits to developing its leaders, you can expect to gain a significant competitive advantage by improving the bottom line; attracting, developing, and retaining talent; driving strategy execution; and increasing your success when navigating change.

Our data backs this up. When we surveyed more than 5,000 program participants around the world — as well as 8,765 of their colleagues — 99% of the participants surveyed said they achieved success on their target goals related to communication, self-awareness, implementing change, and other areas.

A whopping 97% also told us:

  • The program better prepared them for future leadership responsibilities.

  • Lessons learned were relevant to their leadership challenges.

  • Colleagues who went through one of our programs were able to translate what they learned into organizational impact, especially when it came to management capabilities, overall effectiveness, cross-boundary collaboration, and openness to diverse perspectives.

View the full article HERE.



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