With Trillion Dollar Leadership Programmes Around, Why Are Enough Effective Leaders not Found?
PART I Abstract: There are a large number of leadership development programmes all over the world. An article in the prestigious Forbes magazine cites a ‘Training Industry’ finding that “leadership development is a $366 billion global industry”. But the tragedy is that “most development programmes do not work”. Add to this the losses from (anticipated) benefits; Dr Ed Holton in his piece "America's Trillion-Dollar Training Problem" thinks 8:1 is quite reasonable. The total losses then go beyond a trillion dollars. The Harvard Business School’s Professor Michael Beer calls this loss “the great training robbery.” The crisis has reached such monumental proportions because of the basic and fundamental conceptual blunders of ‘wise and expert thinkers’. They ignored the radical change in the environment and the fact that futuristic, visionary, charismatic and transformational types of leaders cannot be trained, developed, made, created, shaped, moulded or ‘minted’. It is true