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LEADERSHIP DEVELOPMENT: TALENT AND SKILL GAPS THAT IMPACT ORGANIZATIONAL GROWTH

Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

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LEADERSHIP DEVELOPMENT: TALENT AND SKILL GAPS THAT IMPACT ORGANIZATIONAL GROWTH Bersin by Deloitte has released the highlights of their 2014 Leadership Development Factbook…Leadership remains the top human capital concern and the largest “readiness gap.” Organizations need to develop leaders faster, globalize leadership programs and build deeper bench strength. Spend has increased 14% in the past year.

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Page 1: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

LEADERSHIP DEVELOPMENT: TALENT AND SKILL GAPS THAT IMPACT ORGANIZATIONAL GROWTH

Page 2: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

50-75% OF SENIOR MANAGERS

ARE ELIGIBLE FOR RETIREMENT AS OF 2010

Page 3: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

360 MILLION WORKERS WILL RETIRE FROM THE

GLOBAL LABOR FORCE BY 2030

SOURCE: McKinsey Global Institute

Page 4: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

POOR LEADERSHIP PRACTICES COST COMPANIES MILLIONS OF DOLLARS EACH YEAR - EQUAL TO OF ANNUAL SALES… 7%

SOURCE: Making the Business Case for Leadership Development,

The Ken Blanchard Companies, 2011.

Page 5: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

POOR LEADERSHIP PRACTICES NEGATIVELY IMPACT: EMPLOYEE RETENTION CUSTOMER SATISFACTION EMPLOYEE PRODUCTIVITY

SOURCE: Making the Business Case for Leadership Development,

The Ken Blanchard Companies, 2011.

Page 6: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

AS MUCH AS OF AN ORGANIZATION’S VOLUNTARY TURNOVER CAN BE AVOIDED THROUGH BETTER LEADERSHIP SKILLS

SOURCE: Making the Business Case for Leadership Development,

The Ken Blanchard Companies, 2011.

32%

Page 7: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

BETTER LEADERSHIP CAN GENERATE TO IMPROVEMENT IN CUSTOMER SATISFACTION SCORES …

SOURCE: Making the Business Case for Leadership Development,

The Ken Blanchard Companies, 2011.

3 4%

CORRESPONDING TO INCREASE IN REVENUE GROWTH 1.5%

Page 8: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

BETTER LEADERSHIP PRACTICES COULD ELIMINATE OF PRODUCTIVITY DRAG

SOURCE: Making the Business Case for Leadership Development,

The Ken Blanchard Companies, 2011.

5 - 10%

Page 9: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth
Page 10: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

PROVIDES 7,000+ VIDEO AND ELEARNING

COURSES COVERING KEY LEADERSHIP AND MANAGEMENT COMPETENCIES.

Page 11: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

THE QUESTION EVERYONE ASKS

How can we do more with less?

Page 12: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

WHY VIDEO AND ELEARNING? COST

Reduce training budget without

sacrificing effectiveness

REACH More employees, at lower

cost

TRAVEL Reduce or eliminate travel costs

PRODUCTIVITY Ensure productivity and

minimize away from work

Page 13: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

FEATURE BENEFIT

EFFICIENT Capable of teaching the same material in less time and reducing the

duration of class time

ADAPTABLE Addresses both formal and informal learning needs

AVAILABLE No need to schedule learning with a 24x7x365 solution

SCALABLE Reaches more employees faster and with greater consistency

EFFECTIVE Found to be as effective as face-to-face learning*

ECONOMICAL Cost -effective for any size audience

*U.S. Department of Education, Office of Planning, Evaluation, and Policy Development, Evaluation of

Evidence-Based Practices in Online Learning: A Meta-Analysis and Review of Online Learning Studies,

Washington, D.C., 2009, revised 2010.

ONLINE LEARNING MAKES SENSE

Page 14: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

LEADERSHIP LESSON VIDEOS

Targeted videos that are 2-5

minutes long.

CEOs, business authors and

experts share an action-

oriented key takeaway on very

specific topics.

Global business leaders share

lessons learned through

reflective story telling -

engaging and memorable.

Page 15: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

SOFT SKILLS VIDEOS

Targeted to the development of

skills in key competencies,

including:

- communication

- time management

- sales

- customer service

Variety of formats, including:

- scenario-based

- action-oriented

- Inspirational

- motivational

Page 16: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

INTERACTIVE ELEARNING COURSES

Most courses include video to

increase engagement and

context.

Tools and templates are

designed to be used on the job

to help apply knowledge and

use of new skills.

Blended Learning Resources

help present, engage and

reinforce the learning

objectives.

Page 17: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

BIZLIBRARY.COM

By establishing a leadership framework that includes a variety of development activities and skillsets, we’ve created a program that’s sustainable and holds leaders accountable.

LOYCE BROWN Organizational Development Consultant, Covenant Healthcare

Page 18: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

BIZLIBRARY.COM

When leaders understand the big picture, we are able to work together more efficiently and produce the best collection of products and systems for our customers.

KRISTEN NAZARIO Senior Director of Human Resources Bally Technologies

Page 19: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

BIZLIBRARY.COM

In a world of learning and development where complexity is the enemy, BizLibrary has developed a simple and nimble approach to delivering high quality learning, anywhere, anytime.

MICHAEL ROCHELLE Chief Strategy Officer Brandon-Hall Group

Page 20: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

BIZLIBRARY.COM

Our two biggest challenges are scheduling and compliance. We use a blend of BizLibrary’s off-the-shelf content and our own custom compliance content. The biggest results we’re seeing is that we’re getting the training done without impacting the business! It’s allowing the managers to have greater flexibility to serve the customer’s needs.

MIKE SAWYER Area Manager Total Transit

Page 21: Leadership Development: Talent and Skill Gaps That Impact Organizational Growth

BIZLIBRARY.COM

One of our business challenges is that our remote staff population is our largest growing population. Being able to address their training needs while we have staff all over the country means having an on-demand solution. We’re excited to provide our employees with BizLibrary’s on-demand training content to meet their needs.

REGINA NICHOLSON HR Specialist Susan G. Komen