Priorities for Leadership Development

A UK study of 2,500 HR and learning professionals finds that organizations are gearing up for life after recession.

Organizations are focusing effort on “those individuals who they expect will lead their organisations into a future yet to be created. Softer skills, in leadership styles and in leadership coaching for instance, that bring out the very best in people and facilitate team working are also a priority.”

Leadership development was the most important priority of the respondents, with the development of middle managers also considered extremely important with 67 percent naming it as their first or second priority — compared to only 35 percent rating leadership development for senior managers in their top five.

Maybe it’s a good thing hope for reform is fading

Seven in 10 employers say healthcare reform will increase the overall cost of healthcare services in the United States. Nearly the same amount say it will increase the cost of their benefit programs.

That’s according to a new Towers Watson/National Business Group on Health survey.

Also, nearly half of employers believe reform — if ever adopted — will decrease employer-sponsored offerings of retiree medical benefits.

Inside vs. Outside

A Rice University study finds a long-term benefit to promoting CEOs from within vs. hiring an outsider.

There was little difference found at first — both insiders and outsiders tended to make changes once appointed — but “as tenure increases, obvious opportunities for cost cutting and divestment dry up [for outsiders],” says Anthea Zhang, co-author of the study and a management professor at Rice.

“Inside CEOs, because of their deep knowledge and root in the firm, are more likely to initiate and implement strategic changes that can build the firm’s long-term competitive advantage,” she says.