INTERNATIONAL US: Leadership development spend up 14%, says Bersin
18 July 2012
The amount spent by US companies on leadership development will increase 14% between 2011 and 2012, to an estimated $13.6bn, according to research from HR research and advisory firm Bersin & Associates.
Wed, 18 Jul 2012
The amount spent by US companies on leadership development will increase 14% between 2011 and 2012, to an estimated $13.6bn, according to research from HR research and advisory firm Bersin & Associates.
The study of 400 US employers also finds that companies excelling at leadership development can achieve up to 20 times higher levels of employee retention.Bersin’s chief executive Josh Bersin says: “We see those funds invested in developing a new breed of leaders, creating more comprehensive solutions, hiring additional leadership development staff, and acquiring tools for identifying and developing future talent in-house rather than relying on the external job market to solve their talent challenges.”
The amount spent by US companies on leadership development will increase 14% between 2011 and 2012, to an estimated $13.6bn, according to research from HR research and advisory firm Bersin & Associates.
The study of 400 US employers also finds that companies excelling at leadership development can achieve up to 20 times higher levels of employee retention.Bersin’s chief executive Josh Bersin says: “We see those funds invested in developing a new breed of leaders, creating more comprehensive solutions, hiring additional leadership development staff, and acquiring tools for identifying and developing future talent in-house rather than relying on the external job market to solve their talent challenges.”
