Why Is Leadership Important

WHY IS LEADERSHIP DEVELOPMENT IMPORTANT?

O’ Connell, Patricia. (Feb 2010). How Companies Develop Great Leaders. www. businessweek.com

- The Best Companies for Leadership report investing more time developing future leaders

- The best-in-breed companies spend more time and money developing leaders

- 22% of the Best Companies for Leadership spend 25+ days developing their top talent

- Creates an environment that drives performance

- Removes obstacles that hinder people

McCarthy, Dan (Feb 2010). Hay Group Study Identifies Best Companies for Leadership. www.businessweek.com

- Top 20 Best Companies for Leadership maintained their commitment to preparing and retaining leaders.
- 90% of the Top 20 Best Companies respondents agreed that all employees at their company have the opportunity to develop and practice leading others
86%
- Paramount in driving organizations toward growth
- Gets people to be passionate about their work and grooms them for the challenges ahead

Top 20 Best Companies for Leadership * General Electric * Southwest Airlines * 3M Company * Procter & Gamble * Accenture * Wal-Mart Stores * Nestle * Coca-Cola * McDonald’s Corporation * Infosys Technologies * IBM * Cisco * United Parcel Service * Ikea * ABB * Zappos * Hewlett-Packard * Goldman Sachs * Unilever * General Mills, Inc. *

- Researchers found that companies ranging in size from small outfits of 27 employees to Fortune 500 corporations support leadership at every level

Leadership Development Methods and Tips www.businessballs.com/leadership.htm

- Develops leaders that are an enabling force
- Good leadership requires attitudes and behaviors which characterize and relate to humanity
- Leadership development is an opportunity to give, to serve the organization, and the people too.
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