Development is a Big Deal with Big Rewards

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Why is Development Important

Top 10 on your CEO’s List

1. Leadership Development 2. Succession Planning 3. Strategy Execution/Alignment 4. Managing/Coping with Change 5. Talent Management 6. Innovation and Creativity 7. Performance Management 8. Knowledge Retention 9. Engagement 10. Coaching

Development is a BIG Deal

Development is a BIG Deal

S Leadership and Development budgets are up 15%

S 15.3 hours of training

S Average $1,169/Learner

S $60B in 2012

S Big $ is being spent on developing employees

BIG Returns if Done Well

S EngagementS Leadership

Pipeline

S Quality S Market Share

S InnovationS Efficiency

S AgilityS Employee Retention

Skills Gap?46% of executives are concerned their workforce does not have the skills needed in the next 1 to 2 years

Big ConsequencesNot Fixing the Skill Gap

S 64% face a loss of revenue

S 53% will face a delay in product development

S 59% face eroding customer satisfaction

S 66% anticipate a loss of business to competitors

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