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Developing leaders is a formidable challenge for today’s global business. The deficit of available talent is widely cited as the greatest limiter of growth. Cracking the code on developing effective leadership has the potential for conferring incredible advantages – competitive and organizational increased profitability and organizational development. The here-below described project was specifically designed by the Ninth House Network to engage worldwide Fortune 500 organizations and explore three key leadership development areas: Trends in leadership development practices in high-performing organizations Leadership competencies essential to success in competitive industries The business impact of leadership development

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Key Findings

• 70% of companies linked leadership development efforts to business strategy.”
• 85% cite executive sponsorship as a leadership development cornerstone.”
• 100% of top-performing organizations have a defined set of leadership competencies.”

Conclusions

Leadership development produces higher performing organizations through improving leaders effectiveness at all levels of management. Today there is no simple or single template for developing leaders. Organizations have the most success when they tailor leader development systems to the realities of the business, recognizing that strategies for growing leaders shift with the changing demand of the enterprise. There are however, a number of specific summations to be drawn from the research.

The best leadership development systems seem to comprise the following components:

• Action Orientation
• Strategy Focus
• Integrated with Organizational Systems
• Multi-Dimensional Learning Designs

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