Developing leaders from within the organization is a priority for driving change. As Korn Ferry has found through its work with clients across all industries, leadership development can and should be a powerful tool at the CEO’s disposal to advance strategic growth and change. CEOs have relatively few strategic levers to drive real strategic change. The predictable levers include compensation, budgeting, process improvement, increased measurement and accountability, new technologies, reorganization, or revitalized communications. That should make leadership development even more alluring.
But to be effective, leadership development needs to be more than aligned with the business strategy—it needs to be part of the strategy. Effective leadership development is a CEO’s most underutilized tool to advance the execution of an ambitious strategic agenda.
If you would like to learn more, please download a PDF of Leadership development: CEOs’ strategic powerhouse from the Korn Ferry Institute web site.