Why Businesses Are Struggling To Fill The “Gaps” In Leadership Development

Is your organization seeing top talent consistently drop off or leave? Is your company struggling to retain millennial employees? Are you wondering why your learning and development efforts to build leadership skills internally seems to be missing the mark?

Well, you aren’t alone, even in the slightest. According to Bersin by Deloitte’s Predictions for 2016 Report, “86 percent of companies globally cite “gaps in their leadership pipeline” as one of their top three issues and these gaps are occurring at all levels of the organization.

The report points out three common issues in leadership development programs companies wishing to fill the gaps need to consider and address.

Leadership Investment is Inconsistent

The report shows that companies who excel in providing effective leadership development invest roughly 4 times the amount of resources than others and in turn, are seeing outsized returns on their investment.

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