Companies spend massively on executive education, but their commitment only gets a marginal return. Since business schools and other conventional instructors are not adept at developing the soft skills that are necessary for success today, people don’t often stick with organizations that have invested for their instruction, and learners also can’t relate classroom lessons to their employment. However, the leadership development sector is in a state of upheaval. The number of players delivering courses to impart the hard and soft abilities desired by corporate executives has risen. And yet companies that spend billions of dollars annually together to educate existing and prospective managers are getting dissatisfied with the outcomes.
