The first of its kind, the Leadership Development Factbook is a comprehensive, fact-based analysis of the state of corporate leadership development. The report provides you with the data and analysis to assess all aspects of your company’s leadership development initiatives – including spending, budget allocation, staffing, participation levels, delivery methods, development hours and much, much more. This 120-page report is an essential benchmarking resource for corporate leadership development. The hundreds of metrics you’ll find here – unavailable anywhere else – will give you the ability to compare your leadership development programs, practices and processes to industry averages. These benchmarking metrics can help you assess how you’re currently prioritizing your programs and allocating spending, where you may want to increase investment and focus, and ways to gain greater cost efficiency and maximize results. This report will also help you make the business case for new leadership development investments and programs. In fact, Leadership Development Factbook contains data that correlates business performance with strategic leadership development initiatives. The report, based on input from more than 350 companies of all sizes, captures spend and development metrics by leadership level – first-level managers and supervisors, mid-level managers, senior managers and executives. The report covers all major industries, including financial services, healthcare, business services/consulting and manufacturing. Representative Metrics Budget and Staffing Metrics for Leadership Development - Total expenditures
- Spending allocations
- Average annual spending per leader
- Spending per participant
- Staff resources
- Staff per participant ratios
- Payroll to total spending ratios
- Total payroll expenditures
Leadership Development Program Metrics - Participation rates
- Hours of formal development
- Use of formal development
- Use of informal development
- Use of development plans
Success Metrics - Capabilities by leadership level
- Business impact of leadership development
- Promotion rates
- Voluntary turnover rates
The Factbook takes an in-depth look at formal and informal learning, and how these approaches are currently being used. For each leadership level, you’ll find detailed analysis of the following formal development components – onboarding, participant identification, program hours, delivery methods and assessments. The report also addresses the growing trend of informal learning. Our research has shown a shift toward cost-efficient programs, such as mentoring, job shadowing and experiential activities. The Leadership Development Factbook gives you a detailed snapshot of how on-demand, social and embedded learning are currently being used. The Factbook concludes with a discussion on best practices, covering topics, such as leadership competencies, integration with talent management and tailoring content by level. Special Note: This report is an important addition to our comprehensive leadership development research program, which includes more than 100 research reports, case studies, presentations and other resources, along with associated advisory services. |