Corporate training in the U.S. is a $70 billion market, and 35% of that is spent on management and leadership training. Over the last several decades, the industry has produced a recipe for how to be a successful corporate leader: Be trustworthy and authentic, serve others (particularly those who work for and with you), be modest, and exhibit empathetic understanding and emotional intelligence.
But here’s the problem, says Stanford Graduate School of Business professor Jeffrey Pfeffer: None of that is working. Despite the tens of billions of dollars we pour into training-related books, attendance at inspirational speeches, workshops, conferences, and training sessions, the workplace today is as dysfunctional as ever. Organizations are filled with disengaged, dissatisfied employees who don’t trust their leaders, and those leaders, in turn, face shortened job tenures, career derailments, and dismissals. Pfeffer confronts this paradox in his new book, Leadership BS: Fixing Workplaces and Careers One Truth at a Time.
Read all about it at https://www.gsb.stanford.edu/insights/jeffrey-pfeffer-why-leadership-industry-has-failed.