Facts
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- Senior leaders adoption of technology:
- Only 5% of all Fortune 500 CEOs are on Twitter
- 64% of CEOs are NOT engaged on company or social websites
- Only 13 Fortune 500 CEOs have active Twitter accounts
- Only 4% of global CEOs have a profile on Facebook or LinkedIn
This is in comparison to the growth of social networking from a society perspective. Facebook alone has:
- More than 750 million active users
- 50% of active users log on to Facebook in any given day
- Average user has 130 friends
- People spend over 700 billion minutes per month on Facebook – Brandfog - Ed Lawler and Susan Mohrman of the Center for Effective Organizations at the University of Southern California recently completed an intensive study of management practices in Fortune 1000 companies. Their study demonstrates that employee-involvement practices such as information sharing, skills training, rewards programs, and empowerment efforts — all of which fall squarely into HR’s domain — show a significant bottom-line return. In 1999, companies that were big users of employee-involvement practices boasted a 66 percent higher return on sales, a 20 percent higher return on assets, a 20 percent higher return on investment, and a 13 percent higher return on equity, USC investigators report.” - Caudron, Shari: How HR Drives Profit
- Workers of ‘above average beauty’ earn more than workers with ‘below average beauty’ – Mobius, Markus M., and Tanya S. Rosenblat 2006. “Why Beauty Matters.” American Economic Review, 96(1): 222–235.
- British Women aged 22 to 29 now earn 1.7 per cent more than men in full-time work. Last year men in their twenties earned slightly more – 0.7 per cent. Overall, and more than 40 years since the original equal pay legislation, the gender gap in pay has fallen to 10.2 per cent this year, down from 12.2 per cent in 2009, and the lowest ever. In 1971 men were on average paid 36.5 per cent more than women – Office of National Statistics (Reported in The Independent – 09.12.10)
- US Women ages 22 to 30 with no husband and no kids earn a median $27,000 a year, 8% more than comparable men in the top 366 metropolitan areas, according to 2008 U.S. Census Bureau data crunched by the - New York research firm Reach Advisor (Reported USA Today – 09.02.10)
- 66% of business leaders say they are more aggressively educating employees on their role in delivering on the value proposition - Grant Thornton, February 2006
- 75% of executives say good physical fitness is critical for career success at the executive level - TheLadders.com, November 2005
- Organizations spend upto 30% of their L&D budget on leadership development, as the foundation for management training, succession planning, executive education, and other critical talent management areas – Bersin Associates
- If you type ‘leadership’ into Amazon you get a return of 287, 367 leadership related titles, which means that if you read a book a month every month it would take you 23,947 years to read them all - Executive Coaching Guru, with the help of Amazon.com
- Emotional Intelligence delivers superior profit (+102%) and revenue (+52%) when viewed against average performers – Boyatzis & Wheller, Longitudinal Study In Professional Service Firms, 1999
- 70% of the impact on employee climate and motivation is due to leadership style and this in turn has a 30% impact on discretionary on efforts and outputs of performance – Harvard Business School Review
- 84% of Senor HR Managers polled said, “business managers didn’t have the time to manage talented staff” and 60% thought managers didn’t have adequate skills to do it anyway! – Hewitt Talent Survey, 2008
- 86% of institutional investors across europe believe that social and environmental risk management will have a significantly positive impact on a company’s long term market value – Business in the Community
- We’re all supposed to want a promotion more than dear life, but according to a survey conducted by the consultancy DDI, this is just not so: “59% of the 600 managers polled said they put it just above bereavement, this is called Transition Anxiety” - Development Dimensions International (DDI)
- The ability to ‘identify and develop’ leaders against a defined framework, is the measure of success for 75% of leadership success – Aberdeen Group, 2005: Retention & Succession in the Corporate Workplace
- 96% of Chairmen ranked talent management as highly important to the success of their organization, yet one third of the organizational succession plans are ineffective and showing no signs of improvement – CEO challenge 2004: Top ten challenges. New York: The Conference Board
- 75% of executives surveyed identified improving or leveraging leadership talent as a top business priority. Yet, despite recognition of its importance, leadership development is going nowhere fast. Currently, most leaders are not satisfied with their organization’s development offerings and confidence in leaders has declined steadily over the past eight years – Development Dimensions International: Global Leadership Forecast 2008|2009
- Dell Computer Corporation’s 330 senior managers received executive coaching over a 2 year period. To date over 90% of the coaching participants tend to be promoted more often that those who weren’t – Telegraph, 2005
- The failure rate in 2006 for executives brought in externally to senior level positions was 30%. One of the key reasons for failed executive tenure was a lack of support network - McKinsey, 2006
- The number of departing CEO’s in the UK doubled last year – Financial Times, 25th January, 2008
- From 1998 – 2008, while the workforce is expected to grow by 12%, the number of 25-44yr olds (the age from which tomorrows leaders must emerge) is expected to decline by 6% – The war for talent. Michaels, E., Handfield-Jones, H. & Axelrod, B. (2001). Boston: Harvard Business School Press
- - 70% of Executive Interventions fail
- 70% of Mergers fail
- 70% of Outsourcing Projects fail
- 70% of Business Process Re-engineering Projects fail
- 70% is the contribution of business leaders to organizational climate, with organizational climate contributing up to 25% in terms of overall business return – Hays Group
Have after long searching found the information to the topics of my forum! Can I use some of your information there if I link to your blog?