When Purpose Exceeds Profits

December 3, 2025

When Purpose Exceeds Profits – A Foundational Leadership Development Guide

E. Michelle Mickens | 2018

Abstract

Although most executives would agree that there is a need for leadership development training, the unfortunate reality is that many executives do not see a return on their investments. According to a 2014 McKinsey & Co. study, nearly $14 billion U.S. dollars are annually invested in preparing leaders for leadership roles. Corporate budgets consistently maintain a line item for corporate training and development every year despite reports of unsuccessful leadership development programs. Through in-depth scholarly research and analysis of industry data, the results proved that most leadership development processes fail to deliver. Common reasons for these failures ranged from leadership development programs being too narrowly focused; custom designed for a specific role that needs to be filled within an organization. Or the leadership development process is too broad, lacking sufficient development of skills related to the role being filled or the training is a “one-size-fits-all” program that over-simplifies the process wasting valuable resources for remedial training.

This abbreviated leadership development handbook provides specific, laser-focused insights and strategies to enhance a leadership development program and guide organizational leaders in a more strategic framework through the application of personal leadership development, organizational, sustainability, cultural and global leadership development strategies.

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