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GROVO UNVEILS NEW RESEARCH ON THE STATE OF MANAGER DEVELOPMENT
Written by Joris Luijke
Einstein said that doing the same thing over and over again and expecting different results is the definition of insanity.
If that’s true, then the way many companies approach management training just may qualify as insane. As they’ve done for decades, companies continue to pour money—$15 billion annually—into leadership development programs. But they still don’t have the managers they need. According to Deloitte, nine out of ten companies say finding strong leaders is an urgent challenge. The investment is there. The returns are not.
Shining new insight on an old problem
Today Grovo unveiled a brand new research study and companion whitepaper, Good Manager, Bad Manager, to help companies better understand where management training goes wrong, and why getting it right is so important to the bottom line. After all, when Gallup says more people would prefer a new boss than a pay raise, you know something has to change.
We partnered with Wakefield Research, an independent consultancy, surveying 500 middle managers at companies with 500 employees or more. The process unearthed a trove of insights we are so excited to share with the L&D community.