Time to Transform
2024 GLOBAL LEADERSHIP DEVELOPMENT STUDY
Last year, Harvard Business Publishing Corporate Learning launched a new study of leadership development professionals to examine how their work fits with jobs to be done for organizations today. We identified forces that are radically expanding the role of the leader and what’s required to be successful. We heard that “coping skills” weren’t enough anymore because these changes are accelerating and there is no going back. In many organizations, the work we explored in last year’s report is ongoing. But that doesn’t mean the situation is unchanged. In 2024, we noticed a shift and a new theme emerging. We heard that incremental improvements and ad hoc training to fill skill gaps aren’t enough anymore. Leadership has become a complex, specialized profession, not unlike similar positions in medicine, finance, teaching, or law. Yet practitioners are not traditionally equipped with similar levels of dedicated education and professional development. Through interviews and a survey of more than 1,100 leadership and development (L&D) professionals and functional leaders involved in planning leadership training, the theme that emerged this year is the need to advance the practice of leadership to meet the needs of transformation efforts across organizations.
Top 3 emerging approaches to supporting leadership development objectives:
- Expand Access to Personalised Learning
- Build Leadership Capacities
- Change the Metrics
It’s Time to Transform Leadership Development – Read the full study here: HBS 2024 Global Leadership Development Study
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