Investing in Leadership: An Unwavering Priority

The business world has long seen the necessity of dedicated and focused leadership development. Approaches range from self-contained internal academies or institutes, such as Disney, to organizational development departments that engage outside experts when needed. Organizational success depends on strong leaders prepared to meet industry challenges and lead effectively in the face of uncertainty. As three staff from the Center for Creative Leadership noted in a recent article, “Research shows that organizations that invest in human capital development (including leadership development) see a significant return in terms of stock prices.”¹ Hoeger et al.² recently published a case study of an organizational development (OD) department that worked effectively with nursing leaders to prepare for the future.