In today’s rapidly evolving workplace, leadership development has never been more critical. Yet there is a worrying gap between the leadership development young professionals are receiving and what they actually need to succeed.
In fact, 63% of Millennials aren’t receiving the leadership development they need to advance in their careers. This highlights a critical shortfall in the training and support that young professionals need in order to grow into effective leaders.
Even more concerning is the fact that only 12% of companies have confidence in the strength of their leadership bench. This means that the majority of organisations are facing a leadership pipeline crisis, with a lack of qualified leaders to step into key roles as their current leaders retire or transition away.
The importance of leadership development
It’s clear that businesses recognise the importance of developing their future leaders. In fact, 83% of companies acknowledge that leadership development is a top priority. Yet, despite this awareness, the majority of organisations are failing to offer the robust leadership programs necessary to address this issue.
CEOs and HR leaders must take immediate action to build leadership programs that cater to all levels. The future of any organisation depends on its ability to nurture the leadership talent of tomorrow.
The education sector needs to prepare young people with top-notch employability skills to put them on the leadership pathway, and organisations need to invest in leadership development programmes to prepare the leaders of tomorrow with the skills and confidence they need to drive success in an increasingly complex world.
How ARLLS bridges the leadership gap
- Enhanced employability skills: learners who participate in ARLLS report improved readiness for university, job applications and career progression, standing out in competitive environments.
- Stronger leadership skills: Our comprehensive curriculum focuses on essential skills such as critical thinking, teamwork, and effective communication.
- Vibrant community building: ARLLS fosters a sense of belonging among participants, encouraging them to form lasting connections.
- Real-world application: learners are encouraged to apply what they learn in their academic or work settings as well as in their communities, leading to impactful projects that contribute to their local communities.
With ARLLS, you can provide future leaders with the leadership and employability skills crucial for navigating an unpredictable world. And with 100% of ARLLS profits donated to a scholarships charity, your investment also creates a sustainable cycle that nurtures future leaders across the globe.
Sources
https://www.ddiworld.com/global-leadership-forecast-2023
HR & Millennials: Insights Into Your New Human Capital, Human Resources Professionals Association
