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 $200K executive mis-hire costs you $426,000
- Even more sobering: 46% of newly hired employees fail within 18 months
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