Organizations worldwide spend roughly $356 billion on leadership development efforts. Yet, the BrandonHall Group, a human capital research and analyst firm that surveyed 329 organizations in 2013, found that 75% of the organizations rated their leadership development programs as not very effective. Why aren’t companies getting more bang for their leadership development buck? Our latest research suggests it’s likely because most leadership development efforts overlook a specific attribute that is foundational to how leaders think, learn, and behave: their mindsets.
To Be a Great Leader, You Need the Right Mindset
It’s often overlooked by leadership development programs.
January 17, 2020
Rick Gayle Studio/Getty Images
Summary.
If organizations want their investment in leadership development to more fully pay off, it is essential that they prioritize mindset development — specifically by targeting growth, learning, deliberative, and promotion leader mindsets. As mindsets shift and develop, leaders’ thinking, learning, and behaviors will naturally improve because they are seeing an interpreting their situations more effectively. The consequence of improving their thinking, learning, and behavior will be enhanced effectiveness and success.
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New!
HBR Learning
HBR Learning
Leading People Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Leading People. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
What you need to know about being in charge.