TalentAC
Assess, Develop, Lead

TalentAC Assess, Develop, LeadTalentAC Assess, Develop, LeadTalentAC Assess, Develop, Lead
Home
About TalentAC
Leadership Insights
References and Sources
Growth Mindset Assessment

TalentAC
Assess, Develop, Lead

TalentAC Assess, Develop, LeadTalentAC Assess, Develop, LeadTalentAC Assess, Develop, Lead
Home
About TalentAC
Leadership Insights
References and Sources
Growth Mindset Assessment
More
  • Home
  • About TalentAC
  • Leadership Insights
  • References and Sources
  • Growth Mindset Assessment

  • Home
  • About TalentAC
  • Leadership Insights
  • References and Sources
  • Growth Mindset Assessment

Are You Developing the Right Leaders?

The uncomfortable truth about leadership development that nobody talks about and what it's really costing your organization.

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$366B

$366B

$366B

Global leadership development spending annually

Source: Industry Reports[1]

74%

$366B

$366B

Companies that admit hiring the wrong person

Source: CareerBuilder[6]

213%

$366B

213%

Cost of bad executive hire 

(% of salary)

Source: C-Suite Hiring Study[8]

The Development Paradox

Companies globally spend $366 billion on leadership development every year. In the U.S. alone? $166 billion.  Your company is probably part of this. Most mid-sized organizations invest $100K-$500K annually in leadership programs. Some spend $4,000 per leader. Others go as high as $10,000+ for high-potential talent.

74% of companies admit they've hired the wrong person

It's what happens when you develop the wrong person

20%

20%

20%

Of leadership training actually transfers into real behavior

10%

20%

20%

Of CEOs believe their leadership development programs work.

80%

20%

80%

Of your training investment evaporates

The True Cost of a Bad Hire

  • Average bad hire: 30% of their first-year salary
  • Bad executive hire: Up to 213% of their annual salary
  • Reality check: A single wrong senior hire at $200K salary costs the organisation around $426,000 in total.
  • Even more sobering: 46% of newly hired employees fail within 18 months


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