This week we launched a two-year study of corporate leadership programs, and the results are staggering. Despite the pandemic, inflation, pressure for hybrid work, and a highly competitive labor market, companies have been neglecting their leadership development. And as our research points out, this can have a very negative impact on performance. Let me make it simple: of all the things we spend money on in HR, leadership development is the most important. We actually correlated HR investment areas against business growth and surprisingly, leadership development scores the highest. In other words, companies that focus on developing leaders (not just promoting them) far outperform their pee
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