New manufacturing findings from the Global Leadership Forecast 2014 ǀ 2015 data.
The rich trove of data gathered for the Global Leadership Forecast 2014 ǀ 2015 included responses from 3,143 leaders and 322 human resources executives in manufacturing organizations across 48 countries. DDI has analyzed this data and compiled the results into a new study report, Ready-Now Leaders: Meeting Tomorrow’s Manufacturing Talent Challenges. The report highlights the top talent-related barriers to revenue growth and also identifies 10 proven talent practices to reduce costs and increase revenue.
Manufacturing Leaders Get Last Place
We examined how various industries have changed in the past few years and what leadership readiness trends have emerged since 2011 (the date of the previous Global Leadership Forecast). Manufacturing is at the bottom of the list in terms of leader readiness to take on current and future challenges.
Manufacturing Isn’t Leveraging Talent Analytics
To better understand the gap between talent analytics practices and recognized value to the manufacturing plant or business unit, we focused on several forms of leadership analytics, ranging from basic to advanced. We found that 47 percent of organizations don’t do any form of leadership analytics well. Only one in 20 does all forms well.
Telling Number: 9
Times more likely companies with high leadership quality and engagement are to outperform their peers financially.
Source: Global Leadership Forecast 2014 ǀ 2015