Joint Research by Towards Maturity and Skillsoft Reveals the Impact of Leadership Development Technology on Organisational Success
“Driving Leadership Capability” report highlights key factors that differentiate higher achievers
LONDON and CAMBERLEY, UK – 21 November 2018 – New research from Towards Maturity uncovers how high performing learning organisations are leveraging learning technologies and new leadership development methodologies to increase access to learning, flexibility and drive real capability impact. The research, supported by Skillsoft, draws on the latest Towards Maturity’s 2018 Leadership Pulse, as well as independent data from more than 700 L&D professionals and 10,000+ learners.
Towards Maturity’s new report, “Driving Leadership Capability”, highlights four key factors that differentiate higher achievers:
- Leadership development done well does not just impact learning and development; it also helps organisations achieve stronger performance on their key performance indicators (KPIs).
- Through a blended approach to leadership development, more individuals get the opportunity to show their leadership capabilities and progress within the organisation.
- Learning technologies play a vital role in the successful development of leadership capabilities. Organisations that use learning technologies and tools to develop their managers and leaders tend to facilitate online communities and learning groups, which provide learners with continuous access to knowledge and support at times convenient to them.
- Underpinning the successful use of learning technologies within a blended approach to leadership development is the capability set of the L&D team.
Leadership development is vital to an organisation’s success. Therefore, it is little surprise that the majority of development budgets focus in this area. However, with 49 percent of L&D practitioners saying that leadership development is not viewed as a management priority, L&D needs to fundamentally transform its influence and build partnerships with senior leaders in order to drive necessary change.
“There is clear evidence to suggest that innovating and democratising leadership development can uncover hidden talent and accelerate leadership capability. With 45 percent saying there is a significant lack of knowledge in L&D about the potential use of technology in leadership development and 45 percent saying they face a cultural bias towards classroom training, L&D professionals will continue to face challenges unless they increase their level of influence and capability across L&D to drive impactful and innovative approaches.” Jane Daly, Chief Insights Officer, Towards Maturity.
Organisations that successfully use learning technologies when developing managers and leaders are 20 percent more likely to enable their leaders to access support at the point of need and improve talent management. Additionally, they are 30 percent more likely to increase learning access and flexibility.
High performing organisations that are successful in developing their people into becoming leaders and managers are substantially more likely to have a learning strategy along with a blended learning approach, support workplace performance, develop digital content and have a solid technology infrastructure. Organisations in the top 10 percent of the transformation curve with the most effective learning strategies also have a propensity to actively democratise and engage a broader audience of leaders, creating a leaner-centric approach.
Heide Abelli, SVP, Content Product Management at Skillsoft, commented: “The role of leadership development is more critical than ever in today’s fast-paced, exponentially-changing, technology-enabled business context. From this research, Towards Maturity has validated that large-scale leadership development efforts must be radically democratised and aligned to business strategies to meet evolving organization-wide goals and strategies.”
Download this Pulse report, Driving Leadership Capability from the Towards Maturity website now: towardsmaturity.org/leadership-pulse
For more on the Leadership Pulse, Towards Maturity and Skillsoft are hosting a webinar exploring further into the findings from this new research on Wednesday 12 December 2018. Register here: http://learn.skillsoft.com/SKL-GBRFY19-WB-Towards-Maturity-Driving-Leadership-Capability-1212-Register.html
Skillsoft is the global leader in corporate learning, delivering beautiful technology and engaging content that drives business impact for modern enterprises. Skillsoft comprises three award-winning solutions that support learning, performance and success: Skillsoft learning content, the Percipio intelligent learning experience platform and the SumTotal suite for Human Capital Management.
Skillsoft provides the most comprehensive selection of cloud-based corporate learning content, including courses, videos, books and other resources on Business and Management Skills, Leadership Development, Digital Transformation, Technology and Developer, Productivity and Collaboration Tools and Compliance. Percipio’s intuitive design engages modern learners and its consumer-led experience accelerates learning. The SumTotal suite features four key components built on a unified platform: Learning Management, Talent Management, Talent Acquisition and Workforce Management.
Skillsoft is trusted by thousands of the world’s leading organizations, including 65 percent of the Fortune 500. Learn more at www.skillsoft.com
About Towards Maturity
We help L&D professionals deliver successful learning strategies. Since 2003 we have generated data and insights from more than 7,500 learning professionals and 50,000 learners across 55 countries. We know what works and we know how learning innovation can directly improve key measures:
Growth > Transformation > Productivity > Profitability
We provide L&D with the support they need to bring together all key stakeholders in the learning journey, ensuring that the learning function works effectively to embed a high-performing learning culture across the business.
By applying the breadth and depth of our industry analytics and our robust, evidence-based approach, we can help connect learning decisions and outcomes to real business impact.
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