While it is clear that the quality of the time spent on leader development is far more important than the quantity of time, researchers found that the quantity of time does matter and that many organisational leaders are reporting that senior executives are simply not putting in the necessary time.
Specifically, about two-thirds (65 percent) of executives whose firms have a head of human resources, half (50 percent) of executives whose firms have a chief learning officer, and four in 10 (40 percent) of executives whose firms have a head of leader development, indicated that no more than 25 percent of those individuals' time was spent on leadership development.
This may be seen as a clear signal that leadership development is not a high priority, despite rhetoric to the contrary.
Separate global research (http://image.exct.net/lib/fefd1674706403/m/1/RM_Employee_Engagement_Jan_2010.pdf) shows that only 34% of employees identify themselves as fully engaged, while 50% identify themselves as completely unengaged with their organisation.
With this in mind, the good news is that senior executives do see leader development as being among the top five leadership challenges confronting their organisations, with only the issues of leading innovation and internal growth being seen as bigger challenges.
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