Pulse June 2016 | Page 16

PULSE POINTS Leadership Among Top Priorities in Global Talent Market ccording to data in Deloitte’s 2016 Global Human Capital Trends report, leadership remains a top concern in today’s talent market. Based on more than 7,000 survey responses gathered in over 130 countries around the world, data from the report shows that leadership ranked higher in importance than it did in last year’s global survey. The report states that “as organizations become increasingly team-centric, the workforce becomes both younger and older, technology catalyzes faster change, and business challenges grow more global and diverse, fresh challenges in leadership development [will also] emerge.” In 2016, 89 percent of companies see leadership as an “important” or “very important issue” (up from 87 percent in 2015), and 57 percent cite leadership as “very important” (up from 50 percent). Other key results include: A l l l l l Twenty-eight percent of respondents reported weak or very weak leadership pipelines. Only seven percent of companies believe they are “excellent” at building millennial leaders. Thirteen percent of companies report they are “excellent” at building global leaders. Fourteen percent of companies surveyed described themselves as “strong” at succession planning throughout the business. Forty percent of respondents believe that their current leadership programs provide only “some” value while 24 percent report that they yield “little to no value.” In your own spa or company, how much value is placed on leadership succession and programs? What is your leadership 14 PULSE ■ June 2016 development strategy? Are you producing the caliber of leaders your spa or company needs? One recommendation from the report is to cast a wider and deeper leadership net as well as focus on young and diverse leaders in order to identify leadership potential early on.