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Interesting Facts & Statistics
According to David Rooke and William Torbert in the
Harvard Business Review
, only 15 percent of leaders show consistent ability to be innovative and to steer organizational change, while 55 percent of leaders are linked to below-average business functioning.
A study by the UK's Chartered Institute for Professional Development revealed that many firms do not have strong leadership, even though they invest heavily in leadership training.
Only 8%-12% of those who attend training courses translate the new skills and knowledge into measurable performance improvement or business results according to the Center for Creative Leadership
Training alone increased productivity by 22.4%. But, when followed up with coaching, the figure soared to 88% according to Public Personnel Management Magazine (Winter, 1997)
BMW had a 120% greater return on coaching. The #1 result was reduced time spent in meetings.
MetrixGlobal.net - according to Dr. Merrill Anderson there was a minimum $61,000 sales improvement in 6 months after coaching at Nortel
A 1998
Harvard Business Review
article on "Employee Satisfaction Econometric Model Skew" showed a direct correlation of employee satisfaction to soft skills
What makes a leader? Personality = 10%-15%; Emotional intelligence = 36%
The stock price of companies perceived as well led grew 900% over a 10-year period whereas companies perceived as lacking good leadership had a growth of only 74%, according to a study by Andersen Consulting's Institute for Strategic Change
A 10% increase in spending for work force training and development resulted in an 8½% increase in productivity whereas a similar increase in capital expenditures resulted in only a 3.8% increase in productivity according to a study of 3,200 USA companies conducted by Robert Zemsky & Susan Shaman of the University of Pennsylvania
According to research at Harvard University, 85% of a leader's performance depends on personal character
Nearly 2/3 of the companies surveyed by Kepner-Tregoe admit they don't use more than half of their employees' brain power. Of the employees surveyed in a UK study, only 16% felt they used more than half their talent at work.
30%-45% of investor decisions may be linked to "quality of management", according to research by Ernst & Young.
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