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Driving Performance: How Leadership Development Powers Success

Driving Performance: How Leadership Development Powers Success

Investing in Leadership Development Drives Performance

Organizations that invest in leadership development perform better than those that don’t. Complex times like these, defined by constant uncertainty and great opportunity, magnify this truth even more. A report by research firm Bersin by Deloitte states it plainly:

“Leadership development is not just about developing leaders — it is about creating a culture of accountability and performance… Leadership development creates a magnet for high performers and fosters a high-performance organization. That is why organizations that are ‘built to last’ have strong histories of leadership development.”

The Conference Board’s groundbreaking report, The Business Value of Leadership Development, arrived at a strikingly similar view:

“One of the most influential internal engines to drive change is a leadership development program that sets out to nurture management talent that is entrepreneurial, enterprise-wide, and globally recruited.”

How Investing in Leadership Development Is Driving Performance at Successful Organizations

Infographic: 4 Ways Investing in Leadership Development Drives Organizational Success

When it comes to driving performance, studies show that organizations that investing in leadership development helps your organization:

  • Improve bottom-line financial performance. Superior human capital management is an extremely powerful predictor of an organization’s ability to outperform its competition.
  • Attract and retain talent. As a result, employee retention is 20 times greater at companies with a focus on leadership development.
  • Drive strategy execution, creating organizational alignment. Done right, leadership development unquestionably delivers impact and success in strengthening leadership skills most important to work performance.
  • Increase organizational agility and success in navigating change. When facing an unpredictable business environment, 86% of companies with strategic leadership development programs are able to respond rapidly, compared with 52% of companies with less mature leadership programs.

Leadership development can, and does, power sustained success for organizations around the world — when it’s done the right way. 

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Why invest in leadership development? Learn all the reasons it’s worth it for driving performance at your organization.

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May 10, 2020
About the Author(s)
Leading Effectively Staff
This article was written by our Leading Effectively staff to help you and your organization's leaders at every level. Want more content like this? Subscribe to our emails to get the latest research-backed articles, webinars, insights, and news about leadership development solutions sent straight to your inbox.

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