Most organizations still lack effective leadership, a problem that stems partly from poor leadership development programs. To address this lack of effectiveness in leadership programs, HR departments will need to adapt employee training programs to respond to the shifting paradigm of leadership development.
The newly released research report, “Revamping Leadership Development: Gain advantages by modernizing the leadership paradigm“, is based on an industry survey conducted by HR.com in partnership with Skillsoft. The survey gathered 526 responses consisting of HR professionals from a varied representation of organization industries and sizes in the third quarter of 2018.
Findings in the research highlighted the key obstacles to effective and improved leadership development for companies in any industry. In fact, only one-fifth of HR professionals perceive their managers and executive are effectively leading them, shining a bright light on the need for a lot of improvement in the area of leadership. Almost all respondents point to continuous versus sporadic employee development (94%) as well as more inclusive training at all levels (92%), not just at the top.
“Companies are making huge investments in leadership development programs, but they’re not getting enough of a return on their investment,” stated Debbie McGrath, Chief Instigator and CEO of HR.com. “Now we need to figure out new ways of delivering leadership development that are both more effective and more efficient.”
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The HR study specifically asked participants about what learning modalities they are using. Results indicated that more than half of well-led organizations are utilizing coaching, mentoring, and elearning methods pointing HR departments to pursue these modalities in the future in order to ensure their business success.
Skillsoft is a global leader in corporate learning, providing the most engaging learner experience and high-quality content. We are trusted by the world’s leading organizations, including 65 percent of the Fortune 500. Our mission is to build beautiful technology and engaging content that drives business impact for today’s modern enterprise. Our 500,000+ multimodal courses, videos, authoritative content chapters and micro-learning modules are accessed more than 130 million times every month, in 160 countries and 29 languages. With 100 percent secure cloud access, from any device, whenever, wherever. www.skillsoft.com
HR.com strives to help create inspired workforces by making HR professionals smarter. Over 1,200,000 HR professionals turn to HR.com as the trusted resource for education, career development, and compliance: 65+ primary research reports, a legal compliance guidance program, thousands of lessons and tips in the HR Genius on-demand training library, 400+ webcasts yearly, the largest HR certification exam preparation program supporting SHRM and HRCI certification, and 12 monthly themed interactive HR epublications. HR.com offers the best training and networking for HR professionals globally 24/7/365. www.HR.com
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Chief Instigator and CEO, HR.com