Article
Deloitte Leadership
Developing leaders to achieve the unexpected
In the next 10 years, half of the companies on the S&P 500 will be replaced. Some will be acquired. Some will merge with other businesses. But many will simply be overtaken – by technology, by shifting business models, by the competition. How can you ensure your survival?
One of the most important differentiators for any business is the way it leads its people. In fact, organizations with effective leaders are two to three times more likely to outperform their peers financially, while those perceived to have ineffective leadership experience an equity discount of almost 20 percent. And yet, despite this, barley 1 in 10 companies believe that they do an excellent job developing leaders.
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Developing leaders to achieve the unexpected