Leadership Development and Retention
Research shows investing in staff culture boosts the bottom line
A new survey found that organizations are more successful when they make extensive commitments to improving culture through leadership development and DEI initiatives.
Creating a High-Performance Culture: The Role of Company Culture in Driving Success, released earlier this month by Ascend2 and the Arbinger Institute, is based on a survey of 302 U.S. organization leaders conducted in March 2023. The report found that those who said they have "very successful" cultures have experienced larger revenue increases. When it comes to bettering that culture, a slight majority of respondents (52 percent) credit leadership-development programs for the improvement.
But a successful leadership program involves more than just providing some off-the-shelf training tools, said Arbinger Institute Chief Marketing Officer Lisa Sharapata.
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