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Businesses Headed Up by ‘Ef Money Than Those Run by L


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f any of you haven’t read the 2010 Kenexa Research Institute survey ‘Exploring Leadership and Managerial Effectiveness’ let me give you an overview. Kenexa evaluated contributions from over 29,000 employees in 21 countries on topics such as employee engagement, leadership and managerial effectiveness to produce the first global ranking of leadership effectiveness.


The results for UK businesses were somewhat disappointing to say the least as cultural differences aside you ranked a poor 17th out of 21 countries surveyed for managerial effectiveness! The report also highlighted the correlation between effective leadership and engagement with ‘employee engagement index’ scores of 91% when leaders are rated ‘effective’ against 17% when leaders are viewed as ineffective. That’s an employee engagement level 5 times lower!


The report found that the UK’s most effective bosses were more likely to be found in the manufacturing, retail and healthcare sector. How ironic knowing the state of the UK economy that it also found that the least effective bosses were most likely to be found in government and the financial services industry! I have to say I’m not surprised at this result as in my experience these sectors are notoriously poor at ‘leading’ their people as they don’t tend to be particularly good at building internal cultures to support their key focus or value proposition.


Jack Wiley, executive director of Kenexa said; “For their own effectiveness and for the sake of their organisations and the economy - UK leaders should look in the mirror, evaluate their own practices and commit to personal improvement. At the same time, UK organisations should review the approaches they use to recruit and develop their leaders.”


I don’t think you can disagree with Jack Wiley here especially when you look at the figures. The UK only scored 47% for leadership effectiveness, way behind India for example who scored 72% and even more disappointingly below the global average of 55%. Here’s some food for thought and a different perspective for


50 entrepreneurcountry


all of you out there with children. If they came home from school with a ‘D’ in all their exams how would you feel? Also, in the fiercely competitive world we live in what would be your perception of the future they could look forward to?


What you need to start to understand is that the fast paced economy that you now operate in is no longer influenced by the same performance metrics the traditional ‘product orientated’ businesses were


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