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LEARNING CONSULTANCY
PARTNERSHIP




What companies are doing to develop their
             senior leaders

         Summary of key findings


            September 2008
talent
Summary                                                         management programmes
                                                                (26%, n=6).
This study used an online, self-
completion, survey to identify                                  Mentoring was the most
senior leader development                                       popular development activity
activities.                                                     taking place in over half (56%,
                                                                n=13) of the organisations
Twenty-three companies took part.                               and industry-specific training
Over a third (39%) came from the                                was also popular (48%,
information technology sector and                               n=11). Work based stretch
the rest were pretty equally divided                            assignments, networking
between manufacturing, leisure                                  (35%, n=8), self-directed
and hospitality, retail/wholesale,                              learning and psychometrics
professional services (all 13%) and                             (30%, n=7) were also used.
finance/insurance, construction                                 The least reported activities
(both 9%) and real estate (4%).                                 were voluntary work (9%,
                                                                n=2) and learning sets (4%,
Nearly half (48%) have been in                                  n=1).
business for over 10 years and the
rest (52%) have been in business                                Mentoring was also reported
for between two and ten years.                                  as the most useful and
                                                                relevant for senior leaders
Forty-three percent employ less                                 (48%, n=11) with executive
than 50 people, 22% employ                                      coaching a close second
between 50 and 99, 17.5% employ                                 (44%, n=10). Three sixty
over 500 people and 17.5% employ                                degree feedback (39%, n=9);
between 100 and 500 people.                                     work based stretch
                                                                assignments (35%, n=8) and
                                                                industry specific training
                                                                (30%, n=7) were also seen as
                                                                valuable. Business school
Findings                                                        programmes and voluntary
                                                                work were deemed to be the
Training and development                                        least helpful.
activity                                                        There was a significant,
   The appraisal process was                                    positive relationship between
   cited as the most popular                                    the development activities
   method for identifying senior                                provided for senior leaders
   leaders development needs                                    and those they reported as
   (70%, n=16), followed by                                     being useful and relevant
   career development reviews                                   ,indicating that senior leaders
   (48%, n=11); training needs                                  are more discerning about
   analysis (39%, n= 9);                                        which development
   succession planning                                          interventions they agree to.
   processes (30%, n=7) and


                                                                                                  2

                      (c) 2007 Learning Consultancy Partnership all rights reserved


                                            www.lcp.org.uk
Training providers                                             (4%, n=1) were
                                                               reported as the least
  Respondents used a mix of                                    important topics.
  training providers. The most
  popular were external, private                               The greatest obstacles to
  providers (70%, n=16) and in-                                undertaking senior leader
  house training staff (48%,                                   development were financial
  n=11). Less popular were                                     cost (70%, n=16), and lost
  colleges and universities                                    working time (48%, n=11).
  (22%, n=5) and local
  enterprise agencies (13%,
  n=3). Over a third (39%,
  n=9), used industry specific                           Different development
  training organisations.
                                                         needs?
Impact on business                                             Over half (56%, n=13),
performance                                                    believed the development
                                                               needs for senior managers
  The most popular measures                                    are different from other
  for measuring senior leader                                  managers and comments
  development on business                                      included:
  performance were employee
  feedback (61%, n=14),                                        broader training needs
  customer feedback (44%,
  n=10) and turnover (39%,                                     being fully accountable
  n=9). Qualifications were only
  used as a measure by 4%                                       senior leaders needs are
  (n=1). Just over a quarter                                   around future focus, visioning
  (26%, n=6), had no measures                                  that creates inspiration for
  in place.                                                    others and leading change .

  A total of 64% (n=14) felt that                              Almost a quarter (22%, n=5),
  developing senior leaders                                    did not agree that their needs
  improved business                                            differed and 22% (n=5) did
  performance to some extent ,                                 not respond to the question.
  23% (n=5) answered
   significantly and 14% (n=3                                  The main gaps in senior
  reported they were not sure .                                leader development were
                                                               reported as a lack of suitable
  Strategy formation was                                       courses/programmes, leading
  reported as the most                                         change and being a manager
  important topic for executive                                rather than a leader.
  development, followed by                                     Although the list was quite
  people development (48%,                                     varied.
  n=11) and leading/facilitating
  change (44%, n=10).
  Analytical capability (13%,
  n=3) and global knowledge

                                                                                                3

                     (c) 2007 Learning Consultancy Partnership all rights reserved


                                           www.lcp.org.uk
Priorities for the coming
12 months
   Thirty percent (n=7), had
   strategy and leadership in
   their top three priorities for the
   coming year.

   Just over a quarter (26%,
   n=6), had communication as
   a top priority.


Conclusion
These findings support the idea
that senior leaders development
requirements are different from
other manager populations and a
variety of initiatives are being used,
ranging from individually focussed
coaching and mentoring through to
professional or academic
qualifications. The results also
support the view that senior leaders
are participating in development
activities they see as relevant to
their needs.

An area which is less tangible is
the extent to which senior leader
development is contributing to
business success and further study
in this area may produce some
interesting insights.



Further Information
The full report is available by
contacting Learning Consultancy
Partnership at:

enquiries@lcp.org.uk.


                                                                                        4

                        (c) 2007 Learning Consultancy Partnership all rights reserved


                                              www.lcp.org.uk

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Senior Leader Summary 2008

  • 1. LEARNING CONSULTANCY PARTNERSHIP What companies are doing to develop their senior leaders Summary of key findings September 2008
  • 2. talent Summary management programmes (26%, n=6). This study used an online, self- completion, survey to identify Mentoring was the most senior leader development popular development activity activities. taking place in over half (56%, n=13) of the organisations Twenty-three companies took part. and industry-specific training Over a third (39%) came from the was also popular (48%, information technology sector and n=11). Work based stretch the rest were pretty equally divided assignments, networking between manufacturing, leisure (35%, n=8), self-directed and hospitality, retail/wholesale, learning and psychometrics professional services (all 13%) and (30%, n=7) were also used. finance/insurance, construction The least reported activities (both 9%) and real estate (4%). were voluntary work (9%, n=2) and learning sets (4%, Nearly half (48%) have been in n=1). business for over 10 years and the rest (52%) have been in business Mentoring was also reported for between two and ten years. as the most useful and relevant for senior leaders Forty-three percent employ less (48%, n=11) with executive than 50 people, 22% employ coaching a close second between 50 and 99, 17.5% employ (44%, n=10). Three sixty over 500 people and 17.5% employ degree feedback (39%, n=9); between 100 and 500 people. work based stretch assignments (35%, n=8) and industry specific training (30%, n=7) were also seen as valuable. Business school Findings programmes and voluntary work were deemed to be the Training and development least helpful. activity There was a significant, The appraisal process was positive relationship between cited as the most popular the development activities method for identifying senior provided for senior leaders leaders development needs and those they reported as (70%, n=16), followed by being useful and relevant career development reviews ,indicating that senior leaders (48%, n=11); training needs are more discerning about analysis (39%, n= 9); which development succession planning interventions they agree to. processes (30%, n=7) and 2 (c) 2007 Learning Consultancy Partnership all rights reserved www.lcp.org.uk
  • 3. Training providers (4%, n=1) were reported as the least Respondents used a mix of important topics. training providers. The most popular were external, private The greatest obstacles to providers (70%, n=16) and in- undertaking senior leader house training staff (48%, development were financial n=11). Less popular were cost (70%, n=16), and lost colleges and universities working time (48%, n=11). (22%, n=5) and local enterprise agencies (13%, n=3). Over a third (39%, n=9), used industry specific Different development training organisations. needs? Impact on business Over half (56%, n=13), performance believed the development needs for senior managers The most popular measures are different from other for measuring senior leader managers and comments development on business included: performance were employee feedback (61%, n=14), broader training needs customer feedback (44%, n=10) and turnover (39%, being fully accountable n=9). Qualifications were only used as a measure by 4% senior leaders needs are (n=1). Just over a quarter around future focus, visioning (26%, n=6), had no measures that creates inspiration for in place. others and leading change . A total of 64% (n=14) felt that Almost a quarter (22%, n=5), developing senior leaders did not agree that their needs improved business differed and 22% (n=5) did performance to some extent , not respond to the question. 23% (n=5) answered significantly and 14% (n=3 The main gaps in senior reported they were not sure . leader development were reported as a lack of suitable Strategy formation was courses/programmes, leading reported as the most change and being a manager important topic for executive rather than a leader. development, followed by Although the list was quite people development (48%, varied. n=11) and leading/facilitating change (44%, n=10). Analytical capability (13%, n=3) and global knowledge 3 (c) 2007 Learning Consultancy Partnership all rights reserved www.lcp.org.uk
  • 4. Priorities for the coming 12 months Thirty percent (n=7), had strategy and leadership in their top three priorities for the coming year. Just over a quarter (26%, n=6), had communication as a top priority. Conclusion These findings support the idea that senior leaders development requirements are different from other manager populations and a variety of initiatives are being used, ranging from individually focussed coaching and mentoring through to professional or academic qualifications. The results also support the view that senior leaders are participating in development activities they see as relevant to their needs. An area which is less tangible is the extent to which senior leader development is contributing to business success and further study in this area may produce some interesting insights. Further Information The full report is available by contacting Learning Consultancy Partnership at: enquiries@lcp.org.uk. 4 (c) 2007 Learning Consultancy Partnership all rights reserved www.lcp.org.uk