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Global Leadership Forecast: Financial Impact of Leadership Quality
FEBRUARY 12, 2019
Despite ever-escalating investment in leadership development, many companies struggle to secure financial returns on these efforts. Paired with restricted talent management budgets and a vast array of options for developing leaders, organizations need evidence-based guidance to choose and prioritize leadership practices that pay off financially.
We found in Global Leadership Forecast 2018 that organizations with very good overall leadership talent are 3.1 times more likely to financially outperform companies with weaker leaders in place. This number soars to 4.8 times more likely for the financial impact of an organization’s future bench strength – that is, next-generation leaders prepared to step into critical leadership roles over the next three years.
Yet, though the overall financial impact of better leaders is powerful, the paths to achieve this level of current and future leadership strength are not always clear. Nor are all leadership practices created equal in how they drive financial success.
Join Evan Sinar from DDI and Rebecca Ray from The Conference Board as they discuss the mechanisms and conditions through which leadership practices shape financial outcomes.
Insights from this webcast:
- Learn an overall model of impact for how better leadership at every level drives better financial outcomes.
- Identify specific leadership practices showing the strongest evidence for financial payoffs.
- Shift from a “one size fits all” leadership growth approach to a differentiated strategy for securing financial impact through talent planning.
Who Should Attend: Human Resource professionals in leadership development, employee engagement, talent management, diversity & inclusion, and strategic planning