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© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
Global Leadership Forecast 2014|2015
Jo Lane, Senior Consultant
The 22nd Annual Hotel General Managers Conference
20th January 2015
Ready-Now Leaders:Meeting Tomorrow’s Business Challenges
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The Conference Board CEO Challenges
Percent of Leaders Considering Themselves Very Prepared
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Quality of Leadership
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40%2014
Leader Rating
38%201137%
2009
25%2014
25%2011
HR Rating
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46%
Critical Positions That Can Be Immediately Filled
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There’s a Difference
Performance
Potential
Readiness
How one is performingnow in current role
One’s likelihood of leadership growth
One’s fit with a specific role, job or job family
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WHAT PEOPLE
KNOWTechnical and/or
professional
information needed
to successfully
perform job activities
WHO PEOPLE
AREPersonal dispositions
and motivations that
relate to job
satisfaction, job
success or failure
A Holistic View of Success
WHAT PEOPLE
CAN DOA cluster of
behaviours performed
on a job
WHAT PEOPLE
HAVE DONEEducational and
work achievements
needed
to successfully
perform job activities
SM
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SOFT SKILLS EQUAL HARD IMPACT
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What makes a leader
“BEST–EVER”
1. Recognised me appropriately
2. Supported me without taking over
3. Involved me in decisions
4. Listened to me
5. Took time to explain rationale for decisions
6. Took care to maintain my self-esteem
Source: Lessons for Leaders, DDI 2012
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Time Spent Interacting vs. Managing
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Preferred Time Interacting vs. Managing
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WHAT NOW
#
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What Organisations Value
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WHAT NOW
#
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How Leaders Develop
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70 : 20 : 10On-the-Job
Learning
(developmental
assignments, special
projects, task forces)
Learning
from Others
(coaching by
managers/mentors,
shadowing others,
networking)
Formal
Learning
(training courses,
books/articles,
diagnostic
assessments)
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Myth Meets Reality
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Leadership Development Mix
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SO WHAT
?
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Learning Journey
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Organisations Using
Learning Journeys Are:
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Bottom 20%
2.5x
Top 20%
3.4X 2.9X
SO WHAT
?
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THE {new} ROLE OF HR
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Partner
• Embedded in business• Resolves talent issues• Supports rollout of talent
management initiatives
60%
What Role Does HR Play?
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• Develops andadministrates policy
• Ensures compliance• Source of HR expertise
when asked
Reactor 22% Anticipator
• Align talent capabilitieswith business strategy
• End-to-end talent management architecture
• Interpret talent trends and translate into opportunities
18%
HR
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Talent + Strategy Boosts
Financial Performance
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Bottom 20%
6.2x
Top20%
SO WHAT
?
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What Happens When You Get It Right?
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Outcomes That Count
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Effectiveness of leadership development programs
Leader engagement and retention
Current quality, future bench strength
Composite financials: profitability, earnings per share, 5-year rate of return to investors, and stockholder equity
SO WHAT
?
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+ 6x
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Financial Impact
7.4x
8.8x
2011 2014SO WHAT
?
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+ 6x
© Development Dimensions Int’l, Inc., MMXIV. All rights reserved.
Financial Impact
7.4x
8.8x
2011 2014
9x
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