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CEOs
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Are you out there? Anybody?
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COOs?
CFOs?
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Is this thing on?
I really want to be that motivator guy. You know, the guy that runs around and pumps everyone up. I want to throw those pithy motivational quotes that seem deep and meaningful, but also contradict each other. I’d sound really wise and clever. I wouldn’t give actionable advice, but that’s OK since I couldn’t be held accountable.
<sigh>
I can’t be that guy, at least not this time. Stick with the evidence because the numbers don’t lie.
I hate to do it, but I have to throw statistics at you…
- In 2012 US companies spent $14 billion on leadership development.
- In a 2014 benchmark study from Development Dimensions International, corporate leaders and HR professionals were asked to judge the overall quality of their organization’s leadership.
- 40% of leaders judged the quality as high.
- 25% of HR judged the quality as high.
If you accept the judgement of the people responsible, then between 60% and 70% of $14 billion is wasted.
In my opinion… you C-suite people are the problem. Continue reading