Talent Development Lagging

Talent Development Lagging

Global executives are suffering from a crisis of confidence. According to a survey by Harvard Business Publishing, only 32% of the 800+ respondents believe that their organizations
have the right leadership talent and skills to achieve theirorganizations’ strategic goals. Just 31% are confident their leaders have the right leadership skills.

Other statistics:

>> 43% of talent development professionals say that the most significant goal for leadership development is to drive business transformation. 

>> 40% see getting participants to commit time away from their job to participate as the most difficult challenge to initiating a new leadership development initiative.

>> There is now a strong focus (80%) on middle managers needing to develop change management capabilities. Respondents also see leadership mindset (77%), communication
skills (76%), talent management (76%), and broad general management capability (64%) as development priorities for middle managers.

—More info: www.harvardbusiness.org

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