Investing in your next generation of leaders: chuck Your Money Where it Matters is an article in the Harvard bank line Review create verbally by Bersin & Associates, a California based firm. This article focuses on the benefits organizations receive when investing in a lead exploitation program. Bersin & Associates conducted a research study on more than 700 organizations in the strategic stage of leaders development. The results of the study revealed those organizations with a top-notch leadership development program experienced clear and measurable care results and outperformed organizations with generic, inconsistent, or ambiguous development programs. Such measurable handicraft results include, improved financial performance, higher levels of employee engagement and retention, and a great ability to adapt to business changes (www.hbr.org). Organizations that invest in leadership development development the value and business impact that grapple from cultivating leaders at all levels of the organization. Since 2008, the percentage of training gold directed toward leadership development has rebounded from 17 to 24 percent.
This increase in percentage reveals that, companies are moving beyond a short-tem crisis management mode and are looking to strengthen their leadership teams for future success (www.hbr.org). Since the economic downturn organizations face impertinent challenges: fostering globalization, driving product innovation, improving customer focus, and captivating a new generation of younger workers (www.hbr.org). Organizations that maintain a track record of high performance understand that never-ending leadership development across the enterprise is critical to business success. The research study also revealed three key trends of happy leadership development programs: a mix of media, content, and training; a collaborative experience; and a customized business relevant and strategic program (www.hbr.org). Research shows that leadership... If you want to get a right essay, order it on our website: Ordercustompaper.com
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