A new study by the University of St.Gallen shows that while senior managers rank executive learning and development (L&D) among the most critical success factors for long-term success, the vast majority of them consider executive L&D to be ineffective in their own firms. The most important reason is that the very top of organisations is insufficiently committed to driving executive L&D.
One manifestation of poor commitment is the lack of a dedicated, high-ranking learning steward in organisations. The St.Gallen Executive Education Report 2016 finds that only a small number of companies (17%) report having a chief learning officer (CLO). That holds for any designated position which combines comprehensive responsibilities and authorities regarding executive L&D questions, irrespective of whether or not the label ‘CLO’ is used.