The challenges of corporate leadership in the modern era demand dramatically greater capabilities than the traditional disciplines of the past.
Dayton, Ohio (PRWEB) May 12, 2014
Chally Group Worldwide™ has released the summary results and key findings from the Fourth Annual Global Leadership Research Project. Each year this continuing research study surveys approximately 300 CEOs and senior human resources leaders globally. The results from this survey produced the 2014 Best Companies for Leaders published in Chief Executive magazine in January of this year.
Chally’s ongoing research study and analysis builds year over year on insights shared, intelligence gained, and paradoxes revealed about the leadership development practices of companies of all sizes, both public and private, across multiple industries.
“The challenges of corporate leadership in the modern era demand dramatically greater capabilities than the traditional disciplines of the past. Quality, service, and innovation are no longer competitive advantages but rather minimum requirements. The speed of change, responding to new and unpredictable competitive forces, and keeping up with the daunting evolutions in technology, increases the stress on business and its leadership,” explains Howard Stevens, Chairman of Chally. “For both public and private companies, difficulty balancing long-term and short term business requirements continues to be the No. 1 challenge in nurturing leaders.”
Key Findings from the 2014 Global Leadership Research Project include:
- The Best Companies for Leaders generate greater market value over time
- Coaching and mentoring continue to be the most popular practices for developing leaders, followed by action learning and assessments
- The CEO and HR business partner relationship is key to leadership development success
- One quarter of organizations believe it is critical to focus on the development of Millennials
This year’s report features an exclusive interview with John Thompson, CEO of Virtual Instruments and Chairman of the Board of Directors for Microsoft, in which he discusses the key challenge of a modern CEO: selling globally.
To view the full research report findings, visit Chally’s Global Leadership site to download a copy.
The Global Leadership Research Study is an ongoing project that builds year-on-year insights gained, expanding data collection to gather critical information on issues previously identified as important. Chally invites participation from leaders and HR executives most involved in leadership development and succession planning.
More information about the companies included in the 2014 top 40 public rankings and top 10 private rankings can be found in the January/February edition of Chief Executive magazine. The 2015 Global Leadership Research study, featuring the selection of “Best Companies for Leaders”, will begin in September. To receive an email alert when the survey is open, submit your contact information at http://www.bestcompaniesforleaders.org.
About Chally Group Worldwide
Chally is a globally recognized leader in research-based solutions in evaluating and improving human capital potential throughout the employee life cycle. Chally provides industry leading predictive analytics and advisory services that assure our customers of the information needed to guide decision making in selection, development and succession planning to enable enhanced growth and profitability. Chally tools provide for “Right People, Right Process, Right Placement” in key sales and leadership roles. Visit http://www.chally.com or follow @ChallyGroup on Twitter.
About Chief Executive
Chief Executive Group was founded in 1977 to create and foster opportunities for CEOs to share their experiences and expertise within a community of peers. It serves its CEO audience in a variety of media including print, in-person, and online, which in turn provides advertisers and sponsors multiple opportunities to develop long-term relationships at the Chief Executive level. In addition to publishing Chief Executive magazine and http://www.chiefexecutive.net, the Chief Executive Group brings CEOs together through its annual CEO2CEO Conference, open to C-suite executives, and its by-invitation-only CEO Roundtables, Symposiums, and Global Events.