We will forgive you if you think we have a recent and growing crisis in leadership development. We don’t mean to say the leadership gap is not real. It is impacting business today.
The leadership skills gap is not a recent phenomenon. It was just as much a problem fifty years ago as today. Leadership styles and methods have changed, but the gap still exists.
In 2014, 30% of businesses in a McKinsey report said they had “failed to exploit” international opportunities because they didn’t have the leadership talent to capitalize on them.[1] Companies are spending up to $11,000 per participant on leadership development and increasing spending 10% this year Yet 60% companies report that their people don’t have the commercial acumen and business judgment to lead their organizations.[2]
The reason for the gap varies, depending on who is describing it and from what perspective. If you listen carefully and try not to get wrapped up in fad thinking, common threads emerge.
Successful methods vary, but they have common characteristics:
If we know leadership development success depends on ongoing coaching and mentoring why isn’t everyone doing it?
It’s hard to manage. Even if you can get everyone in agreement, real barriers remain. One of those is technology.
Trying to manage a comprehensive mentoring and coaching program is difficult enough without software getting in the way. We had tools fifteen years ago, but they were so cumbersome users rarely adopted them. Even if people were coaching well, there was no easy way to measure progress or outcomes.
With today’s mobile applications and consumer-grade software, we can now remove the physical barriers to effective leadership development. Removing those resistance will make it much easier for you to do the organizational development work that will result in a robust leadership pipeline.
We regard these as the minimum tools necessary to manage an effective leadership development pipeline.
Technology alone will not change your culture, but it can remove obstacles and prevent change. We urge you to explore how you can implement technology that will take the pain out of coaching and mentoring the next generation of leaders.
References:
1. Ghemawat, Pankaj. “Developing Global Leaders.” McKinsey Quarterly. June 2012.
3. “State of the American Manager.” Gallup. 2015. Accessed March 3, 2016.
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