Why leadership has become more difficult in recent years
Leadership 2.0
English - April 02, 2021 16:00 - 10 minutes - 6.93 MBManagement Business Government business coaching change management social media human resources talent management personal development leadership business psychology management consultancy Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
During COVID-19 the demand for leadership development does not seem to have decreased; if anything, the demand seems to have increased. That is remarkable. During the financial crisis in 2007-2008 for instance, most companies almost immediately reduced their out-of-pocket costs associated with these activities.
The fact that companies do not seem to save on developing their leaders is a good thing. First of all because the quality of leadership has a tangible and measurable impact on business results. Secondly because there is evidence that leadership roles have become more demanding in the last couple of decade, especially for first, and second-level leaders in organizations.
Therefore business leaders should not leave the development of their leaders to chance, but take a pro-active stance.
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