"Why leadership-development programs fail"
This is a useful analysis by McKinsey on how companies can avoid the most common mistakes in leadership development and increase the odds of success by matching specific leadership skills and traits to the context at hand; embedding leadership development in real work; fearlessly investigating the mind-sets that underpin behaviour; and monitoring the impact so as to make improvements over time.
At The Diversity & Innovation Company we help you address these challenges by: devising our experiences in the right context for your company; our experiences with UK charities and Indian schools are absolutely thought provoking and challenging; we really make you reflect; and we help the team work on your company’s specific business challenge.
"Sidestepping four common mistakes can help companies develop stronger and more capable leaders, save time and money, and boost morale.
For years, organizations have lavished time and money on improving the capabilities of managers and on nurturing new leaders. US companies alone spend almost $14 billion annually on leadership development.1 Colleges and universities offer hundreds of degree courses on leadership, and the cost of customized leadership-development offerings from a top business school can reach $150,000 a person."
Read the full article HERE