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Thursday, January 28, 2010

Leadership Development: The Most Critical Issue Facing Organizations in 2010

For the 20 years that consulting firm i4cp has been conducting research, leadership development has always been a top issue.

In their 2010 research study, however, leadership development has increased in prominence, with a surprising 75% of organizations citing it as an important issue.

Other key findings:
  • only 23% said they were effective at developing leaders internally - a gap of over 50%.
  • only 14.3% of high-performance organizations have a process for identifying gaps in leadership development.
  • Only 25% of the study's respondents said leadership was effective at managing change, yet 74% said change management was important.
  • Strategy execution and alignment was another area of concern. Though 79% of respondents said aligning the workforce to business strategy was important, only 33% said they were effective at doing so.
BOTTOMLINE: "Companies should be treating leadership development as both an urgent survival tactic and a business opportunity. The companies that get it right - and several high-performing companies are doing it right already - have potential for great success."

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