Economic Development Futures Journal

Wednesday, September 29, 2004

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Learning From Business Leadership

A review of leadership development programs at eight major corporations reveals that nothing works better than interaction with colleagues.

Leadership is not just for leaders anymore. Top companies are beginning to understand that sustaining peak performance requires a firm-wide commitment to developing leaders that is tightly aligned to organizational objectives — a commitment much easier to understand than to achieve. Organizations must find ways to cascade leadership from senior management to men and women at all levels. As retired Harvard Business School professor John P. Kotter eloquently noted in the previous issue of strategy+business, this ultimately means we must “create 100 million new leaders” throughout our society.

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