Download - Why Leadership Development Programs Fail
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1Why Leadership Development Programs FailSummary of McKinsey & Company article
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2 THE DISCONNECT2/3rds
of executives ranked Leadership Development
# 1 Priority ONLY7%
said Leadership
Development was effective
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THE FOUR MISTAKES
• One Size Fits All Approach
• Outside The Real World
• Inability to Understand the Why
• Lack of Measurement
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4 ONE SIZE FITS ALL
- Assuming the same skills & leadership style works for all strategies, cultures, and mandates
- Leadership initiative planning should always start with asking what is the program for?
- Focus on a few competencies that are targeted specifically for projects
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OUTSIDE THE REAL WORLD
• too large a share of Leadership is done in a classroom
• adults retain 10% of classroom training• 2/3rds when learning by doing
• combine off-site training & learning by doing
• make every major project a leadership development opportunity
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6INABILITY TO UNDERSTAND THE WHY
• Leadership development requires changes in behavior• Must understand the WHY behind current behaviors in
order to affect change
• Make understanding the why a priority• Tools like the Leadership Skills Profile (LSP) provide
unique perspective on the why
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7LACK OF MEASUREMENT
• Impossible to demonstrate value without numbers• Need to quantify value to be valued
• Use 360 feedback tool to measure change• Track career development, promotions, retention
• Tie metrics into real world impact – team productivity, impact on projects