28 Leadership Stats about Business and the Workplace

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An effective leader is important for business, but it can also impact employee happiness and morale.

However, finding a suitable leader is challenging for many companies, as shown by the following leadership stats.

General Leadership Stats and Facts

An effective leader is important for business, but it can also impact employee happiness and morale. However, finding a suitable leader is challenging for many companies, as shown by the following leadership stats.

  1. 50% of employees have cited bad leadership and management as their main reason for leaving a job.
  2. 79% of people leave their job because they don’t feel appreciated.
  3. 3 out of every 4 companies report that leadership could be improved.
  4. Only 11% of companies believe they have strong leadership.
  5. It is believed that only 10% of all business leaders have a natural talent for leading.
  6. 80% of companies struggle with finding employees with relevant leadership skills.
  7. An astounding 40% of leaders will fail in the first 18 months of their job.

General Leadership Stats and Facts

Leadership and Gender, Race, Age Stats

Leadership and Gender, Race, Age Stats

  1. Only 20% of CEOs are women. However, women also account for 52% of managerial and professional roles.
  2. 74.2% of human resource managers are women.
  3. Out of all the Fortune 500 companies, only 8.2% have female CEOs.
  4. There are only 4 black CEOs on the Fortune 500 list. Two of those CEOs are women.
  5. The average age of a CEO when they are first hired is 54.1 years old.
  6. 42% of CEOs believe diversity is important, while 10% don’t see any value in it at all.

Business Leadership Development Stats

  1. 83% of organizations believe that leadership training is important.
  2. However, only 5% of businesses in the US offer leadership and development training to all employees.
  3. 63% of millennials feel like their company is not invested in their leadership development.
  4. The US spent $165.3 billion on leadership training.
  5. Employees who go through leadership training show a 20% increase in performance.
  6. 58% of managers have never received any form of management training.

Leadership Burnout Stats

  1. Approximately 60% of leaders feel burned out by the end of the day.
  2. 44% of burned-out leaders are tempted to change companies—26% of those plan to leave the same year.
  3. Only 59% of companies take proactive measures to prevent employee burnout.

Effective Leadership Stats

  1. 47% of leaders say that the number one way to prepare for their company’s future is to concentrate on multiple business scenarios.
  2. 4% of leaders have no program or leadership plan at all.
  3. The most important soft skill a leader can have is empathy (17%). Other skills include humility (15%) and self-awareness (7%).
  4. Leaders with a strength-based approach have been shown to increase profits by 29%, customer engagement by 7%, and employee engagement by 15%.
  5. 22% of employees believe their managers are transparent, whereas 40% of managers believe the same thing.
  6. Hiring a leader within the company has a 25% higher success rate than hiring externally.

FAQs

What percentage of people are leaders?

Only 10% of the population are considered to be natural-born leaders with the mindset to grow, energize, and encourage their team.

However, 20% of people show some signs of leadership skills. With the right training, these people can become effective leaders.

What percent of employees trust their leaders?

Only 63% of employees trust their CEO and executive leadership board. Many employees feel unfairly treated, while others don’t hopeful or encouraged about the company’s future.

This can lead to poor performance (53% of employees won’t listen to people they disagree with) as well as a high employee turnover rate (50% of people quit because of poor management).

What percentage of leaders are effective?

Nearly 71% of employees don’t believe their leaders are able to successfully lead the company.

82% believe they aren’t capable of meeting business goals, while 81% don’t think they invest enough in developing internal talent.

Conclusion

Leadership is fundamental for a company to succeed, although many businesses struggle with finding effective managers and leaders.

By focusing on diversity and training and reducing burnout, companies can foster a healthy working environment for all their employees.

Sources:

  • Zippia
  • Apollo Technical
  • Finances Online
  • Firewall Times
  • Forbes
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