Leadership matters and businesses are taking notice. An Accenture study found that companies with strong leadership grew 900% over ten years, compared to those who were poorly led and only grew 74%. This is a substantial difference that highlights the importance of leadership development. The following are two examples of what businesses and educational institutions are doing to improve leadership skills in adults. Lastly, for those of you interested in hearing more about the change in leadership in business, take a look a a recent video from the Globe and Mail posted below.
Unilever Leadership Development Centre
Recently, leadership development can be found frequently in the news. Univlever just opened their second Four Acres leadership development centre located in Singapore. The first centre, Four Acres London, has been in operation for over 60 years. They believe in developing world talent and training future leaders for their company. Their focus is on the changing environment of business and developing leaders who are ready for the 21st century.
New Degree: Bachelor of Business Leadership and Commerce
A university in Australia, Macquarie University, is launching a new degree in 2014: Bachelor of Business Leadership and Commerce. Student’s need to graduate with better leadership skills and abilities, and this undergraduate degree is what many businesses have been asking for. This program is also aware of the changing world of leadership: “The degree provides a holistic understanding of what it takes to be a capable, adaptable and inspiring leader in today’s fast changing business environment”.
From Heroic Leader to Shared Leadership
In this video, the Globe and Mail sits down with Ed Lawler from the Marshall School of Business at USC to discuss the change in leadership from the individual leader to what he likes to call “shared leadership”. Take a look at the link below!