Leadership Development Trends

A company’s leadership determines its success to a great extent. But organizations these days struggle to have and sustain a strong leadership team. To continuously keep replenishing the leadership talent pool with the right talent, organizations need to have a leadership talent backup in the form on an internal succession pipeline that can take the place of the retiring baby boomers immediately and start delivering results, and find a way to retain and develop the existing millennial leaders.

Hence we have come up with, Leadership development trends 2019, which is the second part of Mercer | Mettl Leadership series and focuses on current leadership development practices that organizations follow, the challenges that they face and potential best practices that can help companies overcome those challenges to increase their ROI from leadership development programs.

Here are some insights from the report:

49% of organizations carry out leadership development for upskilling/cross-skilling new and existing leaders.
Organizations that use competency frameworks enjoy a higher leadership success rate than organizations that don’t.
30% of organizations consider a lack of senior management involvement in the leadership development process as the most significant reason behind its sub-optimal performance.