Learn how to build successful leadership development programs through examples of these top companies.
Co-founder of Together
February 23, 2023
Most learning and development programs fail to deliver the desired outcomes, which contributes to low employee engagement and productivity.
According to Gallup's 2023 State of the Global Workplace report, only 23% of employees worldwide are engaged at work, while 59% are "quiet quitting" — putting in minimal effort and psychologically detached from their jobs.
When L&D programs fail to provide employees with the skills, knowledge, and motivation they need to succeed in their roles, it can lead to disengagement and a lack of commitment to their work. This widespread disengagement costs the global economy an estimated $8.8 trillion annually, equivalent to 9% of global GDP.
So why do so many L&D programs fall short?
So, what can organizations learn from those who have cracked the code? Let’s explore six companies with exceptional leadership development programs and discover how they effectively support their employees' growth.
From hiring and training interns before they enter the workforce to building your own in-house university with a large array of resources – the companies below have gone above and beyond to ensure their employees develop essential leadership abilities and get the learning and development they want and need to do their jobs well. After all, empowering employees means empowering your organization.
When looking through these examples, pay attention to:
Let’s look at 6 companies with successful leadership programs:
Randstad, a Dutch multinational HR consulting firm, established a global mentoring program where every employee could find a mentor within the organization. They wanted to ensure each employee had access to training and development.
This involved partnering with Together, a mentoring software, offer a seamless mentorship experience to their employees. After launching the program, they started seeing results.
Through this global mentorship program, they could monitor employee turnover, focusing on those who participated compared to those who didn’t. They found that those participating in the mentorship program were 49% less likely to leave the organization.
Adobe starts training employees even before they properly enter the workforce.
They run a large and diverse internship program where interns are introduced and taught about everything that goes into operating the software company. They recruit interns from schools, colleges, and organizations like Girls Who Code. Adobe's internship program prepares interns to tackle real-world business challenges by providing personalized guidance and support. Plus, they provide new graduates with educational resources through Adobe Career Academy on the company’s practices.
Within these learning and development programs, they conduct regular check-ins, review performances, and collect feedback to ensure employees are ready to start new positions. And once in their new positions, employees are given educational stipends and access to leadership development courses. All of this helps these employees grow in their positions while preparing for the next career step.
Cigna’s leadership programs or Cigna’s LDPs have a more departmental focus. They recruit individuals for nine different areas such as marketing, sales, technology, etc.
These individuals then have access to mentorship and a dedicated program manager who watches over their progress and growth.
As part of the program, individuals work across a variety of positions, attend the Cross Program Summit – to expand their network and meet Cigna’s leadership – and benefit from other business-related seminars.
Allstate provides more well-rounded leadership training through multiple development programs accessed via rotation. For example, their Technology Leadership Development Program focuses on cross-functional learning through three rotations.
These leadership programs provide valuable experience and training in the departments of technology, finance, data analysis, and more. And all of these programs are designed to challenge participants so they can gain valuable insights, perspectives, and experiences through assignments, workshops, mentorship, and more.
Deloitte launched Deloitte University (DU), their $300 million leadership and learning center in Texas, US. Through this learning center, they provide live and virtual classrooms, team-based learning, networking opportunities, and more.
The university aside, Deloitte strives to use L&D programs to boost inclusion efforts by running programs such as:
NBCUniversal has been running their Page Program since 1933. This is a rotational learning and development program geared towards developing early career talent in the media industry. And so, this in-person leadership development program is mainly for early-career entry-level roles. And through the program, participants get exposure to NBCU and valuable experience in the media industry. They complete assignments, network within the field, and serve as ambassadors of the program.
Plus, they are paid hourly wages plus benefits so they can comfortably enjoy the full experience of the program.