Special Interest Group on Leadership Development 2.0
In the past two decades expectations of management development have grown significantly. Companies invest billions of Euros in development activities and the installation of new units – Corporate Universities, Talent Management, Top Executive Programs etc. – in order to develop their leadership and management potentials. Following the recent worldwide DDI study, “Global Leadership Forecast 2011: Time for a Leadership Revolution”, there is strong evidence in support of this investment: Corporations with the highest quality leaders were 13 times more likely to outperform their competition in key bottom line metrics. Regarding these facts and figures there is little reason to deny the good conditions for management development. Unfortunately, the question of impact gives us cause for serious concern. Both the majority of MD customers and MD experts currently do not believe in the effectiveness of development measures. Only a third of leaders and HR professionals rate MD efforts as sufficiently effective. And following the Mannaz study “Innovation in Leadership Development”, the MD community itself has formulated “A Cry for Innovation”.
In order to ride the current MD tailwind, the experts have determined the necessity to improve architecture, processes, methods, selection of vendors, and evaluation of activities. Looking at the prevalence of MD solutions in these areas which are criticized sharply by the experts because of their limited effectiveness, the aspiration for redesign has to be radical and comprehensive.
The EFMD Management Development 2.0 (MD 2.0) Special Interest Group (SIG) initiative had been launched in response to the management development situation in organizations described above and as part of the EFMD ́s new “Excellence in Corporate Learning” strategy. The SIG meant to bring together MD representatives from selected organizations to work on the key issues of this topic.
Organisations that participated in the SIG include: Allianz, Credit Suisse, Deutsch Telekom, ERGO, Metro, Rabobank, SwissRe and Tesa. The facilitator for the group was Dr. Mario Vaupel Former Head of ERGO Learning & Development.
The SIG worked out which components of established MD have to be revised and what the new solutions will look like in detail. To prepare a practical guideline for the participating organizations, the working process comprised two steps:
- Firstly, the group decided to move from the topic from management development to leadership development, they analyzed in depth the current state of the LD practices of the participating companies. These practices were compared with the broader market view of current LD practices. This first step helped the participants to get a realistic assessment of their LD standards in comparison with benchmarks on different performance levels.
- Secondly, impact driven solutions for LD architecture, processes, methods, vendor management, and evaluation tools were defined and strategies for implementation discussed. An individual road map for how to increase the effectiveness of LD in each individual organization is in preparation for the participating organizations and will be shared with the EFMD network.
The outcomes of this LD 2.0 SIG are shared within the wider network through the Future Series Webinars (series of 4 webinars in 2013-2014):
- "How to Move Leadership Development to the Next Level"
This webinar will present and discuss the 10 levers of the “LD 2.0 guide”.
Speaker: Mario Vaupel (January 2014)
PLAY RECORDING (1 hr 29 min)
- “The Future Role of E-learning in Leadership Development”
This webinar will reflect the changing approaches of e-learning in leadership development.
Speaker: Martin Raske (February 2014)
PLAY RECORDING (1 hr 16 min)
- “Leadership Development 2.0: A New World for Learners and Developers”
This webinar will focus on the observable and necessary changes of the learners and developers roles.
Speaker: Jan Schlüter (May 2014)
PLAY RECORDING (51 min)
- "Business Impact of Leadership Development"
This webinar will put into question the established solutions to measure the business impact of LD and suggest new ways to do it.
Speaker: Mario Vaupel (June 2014)
PLAY RECORDING (1 hr 2 min)