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What are the Most Critical Leadership Attributes for Success in 2014?

Building blocks for growth

Research by The Conference Board and UK partner, Chartered Management Institute (CMI) has found that CEOs will mainly focus on people issues in 2014 as a route to growth. Publicised in HR Magazine* the study showed the number one priority for business leaders this year is to reshape workplace culture, with employee engagement and better leadership at the core of these plans.

 

CEO Challenge 2014, based on a survey of CEOs, Presidents, and Chairs from more than 1,000 employers around the world, identifies and ranks the most pressing challenges businesses are facing and their strategies for addressing each one.

 

No. 1 Challenge:

The study found the number one challenge is how best to develop, engage, manage and retain talent. “Building a culture that supports engagement, employee training, leadership development, and high performance is making the difference between growing market share and simply surviving in 2014,” said Rebecca Ray, The Conference Board’s Senior Vice President, Human Capital.

 

Most Critical Leadership Attribute:

The study also asked CEOs to identify the leadership attributes most critical for future success. Integrity was rated number one globally, suggesting bosses have learnt lessons from recent high-profile ethical scandals.

 

Other Critical Leadership Attributes:

The other important leadership attributes were leading change, managing complexity, entrepreneurial mindset and ability to retain and develop talent. Petra Wilson, CMI’s, director of strategy, said: “Building world-class workforces is a top challenge for CEOs, who are looking to help their organisations hit new levels of performance in 2014.

 

Next Steps:

Take a moment to consider: 

What are your leadership challenges and priorities for 2014? 

Ensure that they are being addressed in order to maximise the growth of your business.

 

It will be a pleasure to assist you with your leadership development, please contact me on:

Email: sarah@corporatecoaching-sh.co.uk

Phone: 07748657715

Twitter: @SarahHigginsCC

In the meantime, best wishes for a great 2014!

 

 

*Adapted from and Thank You to the HR Magazine Article by Tom Newcombe, 10 Jan 2014 entitled “CEOs to focus on people issues in 2014 as route to growth, says CMI”