Organizations that say leadership development is critical to their success are 29 times more likely to have a successful transformation than those where leadership is viewed as not as important
Leadership Development That Delivers
While leadership skills aren’t exactly tangible, the impact of leadership performance is quite quantifiable. In fact, several studies have found a close correlation between the skills of a company’s leaders and market performance. Given today’s fast-changing, innovation-led business landscape, organizations can’t ignore the importance of implementing effective leadership development to build stronger capabilities.
Build A Higher Performing Leadership Team
Powering assessment and development solutions is a smarter way to identify what skills leaders have, what training or development they may need, and what guidance will keep them motivated to succeed. Benefits of XBInsight’s Leadership Development Assessments, include:
- Access to the resources leaders need to perform and progress in their careers
- Higher levels of leadership engagement and loyalty
- A more cost-effective method to develop leaders
- Scalable assessment and development tools, reaching more of your leadership team
- Valuable solutions to build a broader and deeper pipeline of leadership talent
The Research
66% of those organizations that see leadership and development as critical to success had a stronger market position than their competitors. For organizations indicating that leadership and development was not critical to success, only 36% said they were better positioned than competitors.
48% of the LOB managers from such organizations agreed that their completion of such programs had paid big dividends in their ability to excel in their role.
57% of respondents from such organizations that reported that leadership and development has a major, positive impact on their organization’s ability to promote leaders from within.