Creating Leaders for Tomorrow Organizations rely on strong leadership to remain innovative and competitive. But they must commit to investing the time, staff and money to ensure they are giving leaders all the tools they need to be successful. BY SCOT T BL ANCHARD
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f you saw the title of this article and thought to yourself, “This is nothing new,” you’re half right. The truth is that the topic might not be new, but investment in leadership development continues to be critically important — and the need to spread the word persists. Organizational success is driven by strong leadership, and companies that invest in leadership training consistently appear on most-admired and best-of lists. These businesses also enjoy higher revenue and profits, higher market share, and increased employee engagement and retention. And yet, some companies still need to be convinced that leadership development relates directly to organizational success. That was the business case we were looking to confirm when researchers from The Ken Blanchard Cos. studied the
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