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CHAPTER 1
LEADERSHIP
WHAT DO WE REALLY KNOW ABOUT LEADERSHIP?
Leadership: What's the Status?

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What does it take to be a successful leader in today's organizations? Everyone has his or her own image of who a great leader is or what a leader should be. To complicate matters even further, experts have developed hundreds of theories about leadership. We probably know more about leadership today than we have at any other time in our history. Yet, we continue to read about the poor state of leadership in organizations around the world.

In a recent report, the Deloitte Global Human Capital Survey (2014)19 questioned more than 2,532 leaders in 94 countries and found that the biggest workforce “readiness gap” was leadership. Over 38 percent of respondents rated this issue as “urgent” for their organizations (86 percent rated it as either important or urgent) – more than 50 percent higher than the next identified gap – retention and engagement. Interesting, these two issues are quite closely tied together.

The biggest leadership needs reported include developing new leaders faster, globalizing leadership programs, and building deeper bench strength for succession planning. As you will see in the following case study, finding great leaders is not always solved by promoting from within.

19

Jeff Schwartz, Josh Bersin, and Bill Pelster, Global Human Capital Trends 2014: Engaging the 21st-Century Workforce (Westlake, TX: Deloitte University Press, 2014).

The EQ Leader

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