The State of Leadership Development in 2024
Insightful, efficient, and agile leaders are crucial to the success of high-performing businesses. Growing leaders makes economic and strategic sense, yet too many companies aren’t investing enough in leadership development or aren’t seeing impactful results. Our team was curious about three fundamental questions about this dilemma:
- Why aren’t leadership development strategies working to address the issues our clients are struggling with in their organizations?
- Why is the return on investment in leadership development so low?
- What is preventing organizations from investing in leadership development, when executives recognize its importance?
To explore these questions, we surveyed clients, partners, and senior leaders from our network to determine why existing leadership development solutions fail to address organizational challenges or spark the business results necessary to excel in today’s global marketplace. This report details our findings and the need for a holistic, team-based solution that cultivates the leadership skills that result in better teams, more engaged employees, and sustainable success.