Executive development is a multibillion-dollar business endeavor and a critical component to an organization's long-term growth and survival. Organizations invest significant resources to develop today's leaders into tomorrow's executives, often with little information on what other organizations have found to be successful (or unsuccessful). A new study by ASTD, sponsored by Booz Allen Hamilton, examines how organizations handle executive development, how much they spend on the programs, who is involved, how participants are selected, what makes these programs most effective, success stories, and lessons learned.
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