Oxford University Press's
Academic Insights for the Thinking World
Change is constant. We are all affected by the changing weather, natural disasters, and the march of time. Changes caused by human activity—inventions, migrations, wars, government policies, new markets, and new values—affect organizations as well as individuals.
Leadership training has become a multi-billion dollar global industry. The reason for this growth is that organizations, faced with new technology, changing markets, fierce competition, and diverse employees, must adapt and innovate or go under. Because of this, organizations need leaders with vision and the ability to engage willing collaborators. However, according to interviews with business executives reported in the McKinsey Quarterly, leadership programs are not developing global leaders.