How to sate millennial leaders' desire to learn and grow
How do you know if a leadership development program has impact? This question is relevant for professionals who are engaging in leadership development or seeking opportunities to do so. One observation about the different generations working today is that millennials put more value than other generations on the need to be provided an opportunity to learn and grow. Leaders in many industries soon will be challenged to work with emerging technology and artificial intelligence. In the next five years, machines and people will most likely interact and work together in ways we could not have conceived just 20 years ago. With the growing war for talent and value of retaining the best, one solution many employers are considering is an increased focus on people development. A recent LinkedIn study found that in North America, 27 per cent of businesses will be spending more money on leadership development, technical skills and career development.
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Article by Bill Howatt, chief research and development officer of work force productivity with Morneau Shepell.