Today, top executives are facing unprecedented technological, competitive and political changes. At the same time, top executives are facing unprecedented levels of scrutiny from investors, media, regulators, NGOs and the public. How are firms developing their next generation of executives to deal with these challenges?
The third edition of the St.Gallen Executive Education Report finds that a staggering 84 percent of companies admit that they are still in their infancy when it comes to executive learning and development (L&D). The report identifies the success factors and best practices that set apart executive L&D champions.
Executive L&D champions not only understand how to prepare top executives for the increasing speed of change, but also perform better in financial terms. The prospect of realising a competitive advantage should encourage decision makers to elevate executive L&D to the top of company’s agenda. With the insights presented in our study we hope to support aspiring firms in that journey.