SUBSCRIBE: Newsletter

Human Resources



Your employees don’t have faith in your leadership

Boost your team morale and showcase your team's achievements at the HR Excellence Awards. Benchmark yourself with the industry. View the categories and find out more.

Over half of employees around the world believe their leaders lack the necessary skills to lead them and their business to success.

According to joint research conducted by SAP and Oxford Economics, just 44% of staff think their bosses have what it takes, and only 34% believe their leaders are prepared to lead a diverse workforce.

The study, which polled more than 5,400 employees and interviewed 29 executives in 27 countries, found lack of adequate leadership was cited by executives as the number two impediment to achieving their goals of building a workforce to meet future business objectives.

“Most companies recognise the importance of managing an increasingly international, diverse and mobile workforce,” SAP’s press release stated.

“However, the majority lack the strategy, culture and solutions to do so.”

READ MORE: Leadership development the top HR priority for 2014

Indeed, 42% of executives also stated their expansion plans for growth were limited unless the right leadership was in place.

Additionally, 64% of employees acknowledged that they don’t believe succession plans and commitment to ensuring continuity in key roles is being addressed by leadership.

“Our research shows that the C-suite is out of touch with HR on business strategy and priorities, and workers are not getting what they want from their employers in terms of incentives, benefits and training,” Edward Cone, managing editor of Thought Leadership at Oxford Economics, said.

Accordingly, while competitive compensation was found to the most important attribute of a job for two-thirds of respondents, only 39% of executives stated their company offered competitive compensation.

ALSO READ: What’s the most important function of a leader?

Image: Shutterstock

HR Masterclass from Human Resources magazine: High-level HR strategy training workshops
led by the world's most respected HR thought leaders & strategists.
Review the 2019 programme here »

Read More News

in All markets by

Dad’s now the word at Cerebos

With up to S$5,000 worth of benefits on offer to new parents, Michael Yeong decodes the value created through such initiatives...


Leave a Reply

You must be logged in to post a comment.