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Uncover the blueprint for building extraordinary leaders : To capture wisdom into what\’s working when it comes to grooming leaders from within, Mercer has conducted one of the most comprehensive studies on the state of leadership development that covered close to 700 organizations from across Asia Pacific. Through these slides we unveil the research findings. You can also the web recording on http://bit.ly/OXSaop
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UNCOVER THE BLUEPRINT FOR BUILDING EXTRAORDINARY LEADERS
MERCER
Mercer’s Leadership Practices Research
Comprehensive insights:• Leadership development strategies• Leadership assessment• Leadership development• Leadership performance and
succession• Core competencies required for
leaders to be successful in APAC• Trends in grooming global leaders• Interviewed over 30 organizations
across APAC to understand their journey in building leaders from within
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Focused on two research elements: collecting comprehensive insights and company practices interviews
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58% have defined and agreed leadership development strategies
Key FindingsLeadership practices survey
Let’s start with what’s going well…
Source: APAC Leadership Practices Survey, Mercer, 2012
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Strategies contain many of the key
elements necessary to a
robust strategy.
Key FindingsLeadership practices survey
Source: APAC Leadership Practices Survey, Mercer, 2012
MERCER
Key FindingsLeadership practices survey
Leaders and managers are not being held accountable for groomingleadership talent.
59% of organizations in Asia Pacific say that their people managers have little or no accountability for developing future leaders
54% of organizations report that their top executives spend a very small percentage of their time (1%-10%) grooming current and future leaders
4Source: APAC Leadership Practices Survey, Mercer, 2012
MERCER
Key FindingsLeadership practices surveySystems and processes for executing talent management processes are extremely inefficient.
89% of companies continue to use paper-based forms or e-mailed “Word” or other similar documents;
Good news: 63% of organizations in Asia Pacific say they have succession plans in place at least for their top tier leaders
Bad news: only 35% of companies say they plan to develop or implement new technology to support succession planning in the next two years
5Source: APAC Leadership Practices Survey, Mercer, 2012
MERCER
Key FindingsLeadership practices survey
51% say their performance management processes are not effectively identifying who is ready for the next move or position within their leadership pipeline
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Systems and processes for executing talent management processes are extremely inefficient.
Source: APAC Leadership Practices Survey, Mercer, 2012
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Key Findings
So, what’s holding organizations back?
Not enough time invested in development (45%) and a lack of urgency by the organization (43%) holds organization’s back from achieving desired results.
Source: APAC Leadership Practices Survey, Mercer, 2012
MERCER
Key FindingsLeadership practices survey
A lack of funding is NOT one of the barriers to leadership development.
Almost a third of companies are spending more than $5,000 USD per person annually to train and develop their senior level and global leaders
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62% use overseas assignments, one of the most expensive as well as one of the most effective development tools
Overseas Assignments
Source: APAC Leadership Practices Survey, Mercer, 2012
MERCER
Key FindingsLeadership practices survey
Organizations may not be reaching deeply or early enough into their leadership pipelines.
31% don’t address the development of
young leaders; only49% address the development of
emerging market leaders; 42% address women as a segment
9Source: APAC Leadership Practices Survey, Mercer, 2012
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60% are not regularly conducting leadership pipeline projections to plan for future leadership needs.
Key FindingsLeadership practices survey
Source: APAC Leadership Practices Survey, Mercer, 2012
MERCER
In case of questions, contact our leadership development experts:
REGIONAL AND AUSTRALIAAlison Tickner+61 3 9623 [email protected]
ASEANRosie Fennell+65 6398 [email protected]
AUSTRALIARaphaele Nicaud+61 7 3234 [email protected]
CHINAMiranda Shu+86 21 6103 [email protected]
CHINAMel Sun+86 21 6103 [email protected]
HONG KONGKate Bravery+852 3476 [email protected]
INDIAAnurag Aman+91 124 417 [email protected]
JAPANTetsuya Furusawa+81 3 5354 [email protected]
SOUTH KOREAKi Young Sung+82 2 3404 [email protected]
