So, there’s a new study out by The Josh Bersin Company, which sounds like a group that would have a killer Twitter account, but instead, they’re over here dropping truth bombs about leadership in companies. And, oh boy, it’s like finding out your pilot has been flying with a “For Dummies” book in his lap.
Turns out, less than one in four companies are actually jazzed about their leadership teams. That’s right, if your leadership team was a boy band, it’d have like, one Harry Styles and a bunch of guys who can’t remember the dance moves.
And guess what? A whopping 83% have taken a pair of scissors to their leadership development budgets. It’s as if companies are saying, “Who needs leaders with actual skills when we’ve got hopes and dreams, right?” Money spent on leadership training is now below $500 per leader. That’s less money than most teenagers spend at Starbucks in a month.
Here’s the kicker: during the pandemic, companies were all about their front-line employees – which, don’t get me wrong, is great. But they treated their leadership teams like a last-season Netflix show – completely ignored. Now, fewer than one in four companies think their leadership programs are as fresh and relevant as a loaf of bread from last week’s grocery run.
The upside? There’s a glimmer of hope in the form of human-centered management. It’s like companies finally figured out that robots aren’t taking over quite yet, and maybe we should actually train humans to be decent leaders. Revolutionary, right? We’re talking about a world where leadership is less about spreadsheets and more about, you know, actual human interaction.
So, what do we do with this hilarious mess? Here’s the Barry breakdown:
- Treat Yo’ Leaders: Leadership development should be like treating yourself to that extra scoop of ice cream – it’s not just nice, it’s necessary.
- Be More Human: Apparently, being a good leader means being good with humans. Who knew? It’s almost like leaders have to deal with people or something.
- Stay Limber: Leaders need to be flexible. Not “can do the splits” flexible, but “can change the game plan when the first plan is as effective as a screen door on a submarine” flexible.
- Keep it Fresh: Development programs need to be more relevant than avocado toast and adapt faster than your teenager’s mood swings.
- Never Stop Learning: Apparently, leadership skills don’t just magically stay with you, like that one hit wonder song from the ’90s you can’t get out of your head.
The Major Findings
- Less than 25% of companies are satisfied with their leadership teams
- 83% have cut or neglected leadership development budgets
- More than 50% of the companies dropped leadership development spending dropped to decade lows, falling below $500 per leader
- Organizations focused on front-line employees during the pandemic ignored the needs of their leadership teams and leadership pipeline
- 25 % of people surveyed felt their leadership development programs are “current” or “relevant”
In summary, this study suggests we should maybe, just maybe, start giving our leaders some love – and by love, I mean training that doesn’t make them look like they’re constantly surprised by the concept of work. It’s time to turn the boy band into a symphony of leadership. And who knows? If we do this right, your company’s leadership might just get as many fans as Harry Styles. Or at least not get booed off the corporate stage.
Don’t be part of the statistic. Be the change. Transform your leadership from the ignored Netflix show into the binge-worthy sensation that sets the standards in your industry. This is your moment to leap forward and invest where it truly counts – in your people, the ones who are meant to guide, inspire, and innovate.
Don’t settle for subpar leadership training that’s about as engaging as a dial-up internet connection. It’s time for a leadership reboot, a fresh approach that aligns with the human-centric dynamics of today’s workforce. A single hour can set the course for monumental change, and it’s right at your fingertips.
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During this power-packed session, you’ll get a taste of what it means to lead with impact, purpose, and agility. We’ll uncover the untapped potential in your leadership style and strategies, setting the stage for a transformation that echoes throughout your entire organization. Because leadership is not just a role; it’s a journey of continuous growth and adaptation.
Take the first step towards a leadership revolution. Book your session now and steer your leadership team from being the band’s forgotten backup singers to headline performers that set the stage ablaze.
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