This insightful article shares the latest trends regarding leadership development and the importance of training next generation leaders, in particular. Read and see how your organization stacks up.
In their words, “Leadership development, the largest category of L&D spending, is on fire again. Our 2014 “Leadership Development Factbook” shows that spending in this critical area grew by 14 percent last year, with small and midsized companies increasing their spending by 23 percent.
Why this tremendous growth? Leadership remains the No. 1 talent challenge around the world, and the problem is getting more complex every day. Despite a large industry of training providers, books, consultants and leadership vendors, companies are finding that building global leadership programs, accelerating development for millennial leaders and developing leaders at the first and second level is harder than ever.”
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