By Bruce Sevy, Ph.D., Managing Director, GrowthPlay Analytics
For the past six years, we’ve tracked key markers of the state of leadership development: the proportion of organizations who report having a formal leadership development program and the specific components comprising those programs.
The six-year trend toward formal leadership development could not be more clear. Over the years, we’ve seen a steady and significant increase in the proportion of organizations who report having a formal leadership development program.
At the beginning of this decade only half of survey participants reported having such a process. For the last two years, the proportion has hovered in the low 80s. This is very good news and clear evidence that more and more organizations value leadership and are willing to invest in developing their leaders.
1 LACK OF TEAMWORK/COLLABORATION Lack of team orientation; Driven by personal ambitions versus team success; Not cultivating network
2 INSUFFICIENT TRAINING/DEVELOPMENT Failure to unleash talent; Lack of commitment to learn; No formal training process; Lack of focus from top management
3 EGO/ARROGANCE/MICRO-MANAGEMENT Failure to recognize/reward team for success; More interested in themselves than their reports
4 NO CLEAR STRATEGY/VISION Not developing/executing strategy; Behaviors that conflict with organizational values; Business acumen
5 LACK OF LEADERSHIP QUALITIES Failure to lead/develop/inspire/engage; Lack of dedication to employees
6 INABILITY TO CHANGE Lack of innovative thinking; Failure to adapt; Lack of flexibility
7 POOR LEADERSHIP SELECTION Lack of hires with good leadership skills; Poor job alignment
8 LACK OF TRUST Lack of trust, integrity, loyalty; Betraying trust
9 EMOTIONAL INTELLIGENCE/SELF AWARENESS Inability to make hard people decisions; Lack of effort for self-development
10 INABILITY TO DELIVER RESULTS Lack of prioritization, time management, accountability
The following five criteria were considered in evaluating companies.
1 Having a formal leadership process in place
2 The commitment level of the CEO to the leadership development program as measured by the percent of time spent
3 The depth of the leadership funnel as measured by the percentage of senior management positions filled by internal candidates as well as the percentage of middle management
positions filled by internal candidates
4 The number of other companies that report recruiting from the company being evaluated
5 A shareholder value performance metric based on 10-year growth or decline in market capitalization
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
