Although the study shows that most organizations continue to fail to develop global leaders, there now appears to be a greater recognition of the link between global leadership development programs and overall business performance. This recognition is essential, especially in the current government marketplace, with budget cuts being implemented and greater pressures requiring high efficiency.
The 2010 and 2011 studies made clear that there was a wide separation in the existence of global leadership development programs between the percent of high-performing organizations (as identified using an index referred to as the MPI – Market Performance Index) compared to their lower-performing counterparts. In 2011, 58% of high-performers reported that they had a global leadership development program in place, compared to only 34% of low-performers. In addition, there was a statistically significant (.11) correlation between whether an organization reported having a global leadership development program or not and their MPI score.
This year’s study found that most (63%) high-performing organizations reported having a global leadership program in 2012, up 5% from last year. Likewise, 44% of low-performing organizations reported having a global leadership program in place in 2012, yielding a 10% increase over last year.
“It seems clear from this year’s study that organizations focused on improving their performance are recognizing global leadership development programs as an attractive investment,”
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