Develop Great Leaders

O'Connell, Patricia; Larrere, John
April 2010
Leadership Excellence Essentials;Apr2010, Vol. 27 Issue 4, p12
The article discusses the relationship between a company's success and the amount of time and resources they spend in developing leaders. Zappos.com and General Electric (GE) invest in leadership development (LD), with the former reporting a 20% retention rate and the latter allegedly spending over 1 billion U.S. dollars annually in training. The author says that investing in the creation of effective leaders inspire other employees and improves productivity regardless of the corporate environment and culture.


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