The Chartered Institute of Personnel and Development’s (CIPD) 2005 Training and Development Survey UK shows that although organisations are investing in leadership development activity, two-thirds of them are suffering from a shortage of highly effective leaders.
The findings show that 98 per cent of respondents believe that well-designed leadership development activities can have a positive impact on the bottom line, while 91 per cent believe there is a direct link between investment in leadership development and organisational performance.
Separate CIPD research had already established that organisations undergo some form of major organisational change every three years, but that four in 10 of these organisations fail to achieve their objectives.
Sign up to our weekly round-up of HR news and guidance
Receive the Personnel Today Direct e-newsletter every Wednesday
CIPD adviser on learning, training and development, Jessica Jarvis, said that all of these factors add up to create a “leadership deficit”.
