The Impact of Superior Leadership
We know that effective leadership is critically important. We understand that it impacts the way companies are run, and how productive and profitable they are. However, we also know that confidence in leadership is at an all-time low and continues to drop. Not only is this visible in employee surveys, but also in the turnaround of managers in the workplace. On average, a senior manager only stays in their position for 7.6 years, down from 9.5 years in 1995.
Some experts are now suggesting that this is due to the fact that although we know that we need to develop our leaders and managers, we don’t know how to do this. Leadership development is a multi-million dollar industry, but one that focuses on the wrong issues. In fact, some would go so far as to say that these businesses are not about improving management, but rather simply about improving their own bank balance. Let’s take a look at the biggest mistakes made in the industry.