And 4 Quick Ideas To Focus Learning On Core Capabilities To Improve Business Outcomes
Two interesting pieces of information came across my desk today.
The first was research done by McKinsey who found that 60 percent of senior executives said building core capabilities (lean operations, leadership development, merchandising or anything the company does well to drive business results) are among their top 3 priorities. Ninety percent said it’s in their top ten.

New Research From McKinsey
BUT less than a third say their company training programs focus on strengthening the capabilities that add the most value to business performance. Further, only 25 percent said their company’s training programs are “extremely” or “very effective” in preparing employee groups to drive business results. Confidence in corporate training drops further for leaders at lower levels in the hierarchy.
The McKinsey study said that when senior leaders set the training agenda, capability building is linked explicitly to immediate business goals, and learning programs focus more directly on core skills that make a difference to business performance. Additionally, these companies spend a higher percentage of their operating budgets on training compared to companies where HR or business unit leaders set the training agenda.
(We’re compiling these justifications and proof points for building or improving a Leaders As Teachers program in a business case template that will be available at the Leaders As Teachers Institute in the coming weeks.)
Then, in a Fast Company interview, Ford Motors CEO Alan Mullaly talked about the importance of clarity from senior leaders. Shortly before Mullaly assumed the role of CEO, the Ford team stopped production on its popular Taurus model because sales of their latest version, which they said looked like a football, were tanking.

Ford CEO Alan Mullaly
Mullaly said the Taurus was a key reason he took the job, and reminded them how many billions of dollars are invested in developing brand loyalty around a car like the Taurus. Read more »