By Glen Calderon
In January 2014, McKinsey & Company conducted a study that examines the 4 main reasons why leadership development programs fail:
1. Not allowing for context. Simply, leadership development training is unique. One size does not fit all regardless of a homogenous company, management or culture. An organization should ask why do we want this training and who is it for? Then focus on a few detailed core topics and the corresponding expected results.
2. Not linking development programs to real world projects. Clearly define expectations and then balance them with the actual work responsibilities. Use subject matter experts and design projects that are relevant for the attendees. If you prepare your key people for the future and make it tangible, they will be ready to lead.