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Few Companies Effective at Developing Leaders Most Companies Lag Behind Top Organizations in Three Key Areas While Most companies have processes in place to develop leaders, only a handful are effective at doing so, according to Hewitt Associates, a global human resources outsourcing and consulting firm.
In a new study, Hewitt analyzed and compared leadership initiatives from 300 U.S. companies to those of the “Top 20 Companies for Leaders,” recently selected by Chief Executive magazine. It found that while most companies have processes to develop leaders, only 32 percent believe those processes are effective, compared to 85 percent of the Top 20 Companies. In addition, Hewitt’s study showed that most companies lag behind the Top 20 Companies in three key areas: effective leadership programs, high- potential leadership development and senior-level support.
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