HUMAN Capital - Fall 2016 - 15

$7,116 $6, 016 $1,671 first-level leaders $2,700 mid-level managers senior leaders high potentials AVERAGE LD SPENDING IN AMERICAN COMPANIES PER YEAR The McKinsey study, "The War for Talent," found that firms with leadership depth were much more profitable than those without it. And yet, one recent Conference Board study found that only 54 percent of companies felt they had the leadership necessary to respond to change, and only 8 percent of executives rated overall leadership as excellent. (The War for Talent, HBR 2001) According to a study conducted by the Corporate Executive Board in 2006, rising leaders reporting to senior leaders who are very effective at developing other leaders * Outperform their peers by as much as 27% * Put forth 18% more discretionary effort * Are 25% more likely to stay * Are 25% more committed to their organizations And yet, nearly eight out of 10 senior leaders say their organizations are only mildly effective at showing them how to prepare rising leaders for more senior roles. (Corporate Executive Board) Properly designed learning initiatives can generate ROI of between 150 percent and 2,000 percent. (Multiple cases cited in Jack J. Phillips, ed., Measuring Return on Investment) "Audit reports show that when we train the right people, and transfer the knowledge and skills back to the [work] environment, the managers change their own behavior by reinforcing the use of these skills and we got a $30-35 return for every training dollar spent. This is the best return on capital that we get in any of our investment schemes." (V.P. Finance, Motorola) How much companies spend on training and leadership development: * The American T&D market in 2012 market was estimated to be $164.2 billion, or an average of 1.1 percent of corporate revenues. (ASTD) * In 2013, organizations on average spent $1,208 per employee on T&D, for an average of 31.5 learning hours per employee (The Assoc. for Talent Development, 2014 State of the Industry report) * Average LD spending in American companies is $1,671/year for first-level leaders; $2,700 for midlevel managers; $6,016 for senior leaders; and $7,116 for high potentials. (Bersin & Assoc. 2012) More stats & sources here: http://advantureconsulting.com/blog/leadership/ the-power-of-hr-stats-and-research/ O MRU's 13th Annual HR Breakfast Thursday November 17, 2016 7:00 a.m - 9:30 a.m Calgary Petroleum Club Real People. Real Topics. Real Solutions. Gain real insight: Interact with our panel of experts as they dig into the hottest current work issues. Make real connections: Network with other professionals and HR students. Make a real difference: All proceeds will support the HR Partnership Council Legacy Scholarship and various Human Resources student and program initiatives at the Bissett School of Business. Tickets: $50 ($40 for students) Bring your colleagues, contacts, or clients and purchase a table for only $350. Tickets available September 1st at mtroyal.ca/breakfast 815019_Bissett.indd 1 HUMAN CAPITAL |22/07/16 FALL 2016 | 15 12:43 AM http://advantureconsulting.com/blog/leadership/the-power-of-hr-stats-and-research http://www.mtroyal.ca/breakfast http://www.mtroyal.ca/breakfast

Table of Contents for the Digital Edition of HUMAN Capital - Fall 2016

Leadership Matters
Tech Talk
The Evolution of Learning & Development: Trends Today
The Value of Leadership Development and What Companies Are Spending on Training and Development
Knowledge Transfer Strategies
Instructional Design Focused on Performance Support
Joint Training: Learning on Both Sides of the Fence
Team Training: A Brief Look at the Options
Training Needs: Ask the Right Experts
What’s Your End Game?
Legal Source
Policy Corner
Peek-a-Boo, Pikachu: Pokémon Go Could Transform Learning
Index of Advertisers/ Advertisers.com
HUMAN Capital - Fall 2016 - cover1
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HUMAN Capital - Fall 2016 - 3
HUMAN Capital - Fall 2016 - 4
HUMAN Capital - Fall 2016 - 5
HUMAN Capital - Fall 2016 - 6
HUMAN Capital - Fall 2016 - Leadership Matters
HUMAN Capital - Fall 2016 - 8
HUMAN Capital - Fall 2016 - Tech Talk
HUMAN Capital - Fall 2016 - The Evolution of Learning & Development: Trends Today
HUMAN Capital - Fall 2016 - 11
HUMAN Capital - Fall 2016 - 12
HUMAN Capital - Fall 2016 - 13
HUMAN Capital - Fall 2016 - The Value of Leadership Development and What Companies Are Spending on Training and Development
HUMAN Capital - Fall 2016 - 15
HUMAN Capital - Fall 2016 - Knowledge Transfer Strategies
HUMAN Capital - Fall 2016 - 17
HUMAN Capital - Fall 2016 - 18
HUMAN Capital - Fall 2016 - Instructional Design Focused on Performance Support
HUMAN Capital - Fall 2016 - 20
HUMAN Capital - Fall 2016 - 21
HUMAN Capital - Fall 2016 - Joint Training: Learning on Both Sides of the Fence
HUMAN Capital - Fall 2016 - 23
HUMAN Capital - Fall 2016 - 24
HUMAN Capital - Fall 2016 - 25
HUMAN Capital - Fall 2016 - Team Training: A Brief Look at the Options
HUMAN Capital - Fall 2016 - 27
HUMAN Capital - Fall 2016 - Training Needs: Ask the Right Experts
HUMAN Capital - Fall 2016 - 29
HUMAN Capital - Fall 2016 - 30
HUMAN Capital - Fall 2016 - What’s Your End Game?
HUMAN Capital - Fall 2016 - Legal Source
HUMAN Capital - Fall 2016 - 33
HUMAN Capital - Fall 2016 - Policy Corner
HUMAN Capital - Fall 2016 - 35
HUMAN Capital - Fall 2016 - Peek-a-Boo, Pikachu: Pokémon Go Could Transform Learning
HUMAN Capital - Fall 2016 - 37
HUMAN Capital - Fall 2016 - Index of Advertisers/ Advertisers.com
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