New Report Reveals Dramatic Shift in Leadership Perceptions: 220+ People Leaders Redefine Meaning of Success Over the Last Five Years
July 10 2024 - 10:10AM
Business Wire
Five Critical Areas Where People Managers and
Their Organizations Are Misaligned on the Definition of Success—and
Its Effect on the Bottom Line
The Predictive Index released a new report surveying 220+
management-level leaders highlighting how success as a people
leader looks dramatically different in 2024 compared to five years
ago.
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the full release here:
https://www.businesswire.com/news/home/20240710201231/en/
Success Looks Different in 2024. Five
critical areas of misalignment between people managers and their
organizations. (Graphic: Business Wire)
86% of survey respondents say their views of what makes a
successful people leader have changed in the last five years, but
their organization’s views of success have not caught up.
The new report highlights this difference in industry
perceptions and individual leader perspectives on what makes a
successful leader, including insight into five areas of
misalignment causing friction:
- Undefined roles and responsibilities. More than
one-quarter of organizations (26%) in our survey do not clearly
define roles and responsibilities for people leaders today.
- Insufficient training opportunities. Nearly one in four
survey respondents (23%) say their organizations view insufficient
training as one of the most significant challenges impeding people
leaders’ success.
- Undefined success metrics. Nearly one-third of
organizations (30%) in our survey do not have a formal way to
measure the success of people leaders (e.g., a rubric).
- Poor work-life balance. Only 10% of organizations in our
survey prioritize promoting healthy work-life balance as a key
criterion for successful people leadership.
- Misaligned goal tracking. People leaders are 50% less
likely than organizations to say their teams are “always hitting
their goals.”
“People want to be good at what they do, but employees can
become disengaged for a number of reasons,” said Will Otto, VP of
Talent Optimization at The Predictive Index, the data-driven HR
platform to hire top performers, develop effective managers, and
retain your people.
“Maybe they’ve been sent the message, either implicitly or
explicitly, that their work is not important to the organization’s
strategic goals, or maybe they’re unclear about what it takes to
reach the next stage in their career. Creating a framework that
supports roles and responsibilities or defines what success looks
like brings greater alignment to your company mission and a greater
understanding of future advancement opportunities.”
Discover the critical elements holding back people managers from
achieving the newest version of success and what organizations can
do to help them get there. Access the full report at
https://www.predictiveindex.com/learn/talent-optimization/resources/surveys-reports/people-leader-report/?utm_medium=referral&utm_source=pr&utm_content=2024-manager-report.
About The Survey
The survey report was conducted in partnership between HR Dive’s
studioID and The Predictive Index. The findings of this research
are based on an online survey conducted from March 25, 2024, to
April 3, 2024. A total of 220+ respondents participated in the
research, all of whom have manager titles or above. Respondents
come from various industries, including Financial Services/Real
Estate/Insurance, Technology/Software, Healthcare, and Education,
and all participants work for organizations with 100 to 999
employees.
About The Predictive Index
The Predictive Index (PI) is the data-driven HR platform to hire
top performers, develop effective managers, and retain your people.
More than 60 years of proven science, software, and a curriculum of
insightful management workshops make PI the solution for any
company looking to design great teams and culture, make objective
hiring decisions, foster engagement, and inspire greatness in their
people anywhere in the world. More than 10,000 clients and 480+
partners use PI—including Nissan, Citizens Bank, Subway, Blue Cross
Blue Shield, and Omni Hotels—across 90+ countries. Learn more at
www.predictiveindex.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240710201231/en/
Media: Courtney Swift (she/her) The Predictive Index
1-800-832-8884 pr@predictiveindex.com