Discover Insights from Matt Paese, SVP of Leadership Insights at DDI
Business leaders today face immense challenges that can lead to stress and burnout. Ensuring team performance in uncertain environments, lack of time for skill development, and the need for personalized learning solutions are some of the key obstacles leaders encounter. Matt Paese, the Senior Vice President of Leadership Insights at DDI, shares research-backed insights on leaders’ concerns, frustrations, and what they value most in their roles.
In the following interview, Matt Paese delves into the challenges, priorities, and needs of today’s leaders. From developing talent to managing change and influencing others, the demands on leaders have never been greater. Despite this, many organizations are falling short in providing the necessary development opportunities to equip leaders with the skills needed to thrive in uncertain times.
Leaders today require personalized, real-time learning solutions that align with their daily work challenges and offer immediate feedback for continuous improvement. The ability to learn in the flow of work is crucial for effective leadership development.
Key Skills for Navigating Uncertainties
In DDI’s Global Leadership Forecast 2023, leaders highlighted key skills essential for today’s business landscape, including strategic thinking, managing change, and influencing others. However, the gap between the skills leaders need and the training they receive is evident, with many organizations prioritizing technical training over leadership development.
Effective Development Strategies
Successful organizations are leveraging technology, assessments, and personalized content to provide leaders with relevant learning opportunities tailored to their specific needs. By integrating development into daily work and addressing just-in-time learning needs, organizations can ensure continuous growth and skill enhancement among their leaders.
Role of Diversity and Inclusion
Despite the proven benefits of diversity and inclusion initiatives, many organizations still struggle to recruit and promote from diverse candidate pools. Creating a culture that capitalizes on human uniqueness and fosters inclusivity is critical for both organizational culture and performance.
Impact of Emerging Technologies
AI-driven assessments are revolutionizing leadership development by enabling learners to practice complex skills and receive accurate feedback in real-time. This shift towards AI-enabled learning is opening up new opportunities for efficient skill development and growth.
Measuring Leadership Development
Measuring the impact of leadership development requires a focus on application and growth at the individual level, along with improvements in key performance indicators at the organizational level. Enhanced employee engagement, reduced turnover rates, and improved productivity metrics are just some of the ways organizations can gauge the effectiveness of their leadership development initiatives.
Explore more insights from DDI’s Global Leadership Forecast 2023, a comprehensive study on leadership development practices and experiences worldwide. Stay ahead in the evolving landscape of leadership with data-driven insights and strategies.
