Driving Performance: Why Leadership Matters in Difficult Times Studies show that investments in leadership development: –Improve bottom-line financial.

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Presentation transcript:

Driving Performance: Why Leadership Matters in Difficult Times Studies show that investments in leadership development: –Improve bottom-line financial performance. –Attract and retain talent. –Drive a performance culture. –Increase organizational agility.

Driving Performance: Why Leadership Matters in Difficult Times Improve bottom-line financial performance –Companies with high scores for their investments in human capital delivered stock market returns that were five times higher than that of companies with less emphasis on human capital. –Maximizing Your Return on People- Bassie and McMurrer, Harvard Business Review, March Attract and retain talent –Companies with strategic approaches to leadership development are: 84% more effective at increasing the quality of their leadership pipeline. 73% more effective at improving overall employee retention. 67% more effective at increasing the engagement, retention and teamwork of leaders. –High Impact Leadership Development: Best Practices, Vendor Profiles, and Industry Solutions. Bersin & Associates, September 2008.

Driving Performance: Why Leadership Matters in Difficult Times Drive a performance culture –“It is about creating a culture of performance …. A mediocre manager will never attract or retain high-performing employees. Leadership development creates a magnet for high-performers and fosters a high- performance organization.” –High Impact Leadership Development: Best Practices, Vendor Profiles, and Industry Solutions. Bersin & Associates, September Increase organizational agility –When facing changes in the business environment, 86% of companies with strategic leadership development programs are able to respond rapidly, compared with just 52% of companies with less mature leadership programs. – 2008 Talent Management Factbook. Bersin & Associates.