Most leaders rate as mediocre on performance reviews
In a massive study of 5,560 executives at 47 organisations across a broad range of industries internationally, McKinsey&Company found that 99% of executives were less than exceptional, receiving only mediocre scores of 4 or 5 (out of 7) in their performance reviews.
But... leadership drives organisational growth
The same study found that organisations that had more leaders scoring 6 or 7 (out of 7) in performance reviews for more competencies had stronger growth. So stronger leadership does deliver real benefits to organisational growth.
So leaders need development... aligned with strategy and culture
It's common for organisations to be seduced by the latest leadership develop trend, but leadership development that drives results is strongly linked to the organisation's strategy and building a positive workplace culture.
Positive cultures drive high performance! But are your leaders positive leaders?
The old adage of 'just do your job' and 'we don't care how you feel' won't work anymore, and most of the best performing organisations in the world already know it.