By Raj Vardhman | March 23, 2020 | 0 Comments

21+ Inspiring Leadership Statistics [2020 Edition]

Every major corporation was built by those with exceptional leadership skills. Without the proper leadership, companies would go under one way or another. 

So what makes an excellent leader in any industry? Well, if you’d like to find out, take a look at the astonishing leadership statistics we’ve gathered for you. Here you will find fascinating leadership facts and figures 2020 has in store for you.

Fascinating Leadership Statistics – 2020

  • Over 10,000 baby boomers retire every day.
  • A whopping 79% of employees will quit their jobs due to lack of appreciation from leaders.
  • 69% of Millennials believe there is a lack of leadership development in the workplace.
  • Only 15% of women have board of director roles in the workplace.
  • 91% of Millennials will stay in their jobs for fewer than three years
  • 83% of enterprises believe it’s important to develop leaders at all levels in a company.
  • Only 5% of companies have integrated leadership development in their corporations.

Business Leadership Statistics

The corporate world has been tied to leadership gap statistics for quite some time now. There’s simply not enough diversity in CEO roles. There are also not enough candidates with the leadership skills needed to take on managerial positions. 

In this first section, we’ll be discussing the situation in the corporate world and how it’s shaping the workplace. 

1. 77% of corporations experienced leadership gaps in 2019.

(Source: Bloomleaders)

Employees typically seek jobs at companies that have leadership development, statistics show. But employers seek candidates that already have some form of leadership skills. This is because management doesn’t want to spend the time or money to train employees to develop their leadership skills. 

Because of this never-ending (not to mention vicious!) cycle, the stats just keep on getting worse and worse. 

2. 83% of employers state it’s crucial to develop leaders at all levels.

(Source: Infoprolearner)

Employers in the US spent top dollar to develop their workers’ skills through training and education. While 83% of employers agree that it’s crucial to develop their employees’ skills, only 5% of corporations actually implement these improvements. Perhaps this is the reason why poor leadership statistics are so much more common than statistics about good leadership

Just a thought… 

3. 63% of Millennials believe their leadership skills are not being fully developed.

(Inspire Software) 

Another study showed that 71% of Millennials will leave their job within two and three years if they feel their leadership skills are lacking and there’s no room for growth. 

But who cares about what Millennials think, right? 

Wrong. Considering the fact that Millennials will soon make up most of the workforce, everyone should.

4. Only 14% of CEOs have the leadership talent they need to grow their businesses.

(Source: Forbes)

Finding candidates to fill leadership roles can be difficult. In larger corporations, CEOs need candidates that have strong personalities to take on managerial roles. Unfortunately, few have the ability to handle the job.

5. The need for digital leadership skills will increase in 2020, as only 16% of corporations are successful in digital marketing.

(Source: HR Exchange Network)

The rapid growth of social media technology and marketing will result in the need for candidates who have digital skills. So, the number of social media managerial positions is growing every day.

6. The nature of the workforce will change because millennials will make up 75% of the workforce in 2025.

(Source: Deloitte)

What do the leadership development statistics 2019 mean for the next few years? Leaders are preparing to manage an entirely different generation of employees in 2020. Remote working and flexible hours are increasingly becoming the order of the day. 

With this much employee freedom, leaders have to find new ways to maintain their staff and ensure workflow doesn’t diminish.

Effectiveness of Leadership

Great leaders are unselfish people. They care about their employees and their wellbeing. Unfortunately, there are many CEOs who don’t know how to manage their staff. 

To be an effective leader, one must engage with employees regularly to ensure there are no problems within each department. Perhaps the following leadership statistics will give you an indication of how you can be an excellent leader in your industry. 

7. 80% of work accidents occur due to stress from a negative work culture. 

(Source: Harvard Business Review) 

How do you measure good leadership? 

Well, you can start by implementing positive reinforcement. Positivity is the ultimate method to motivate change in the workplace and increase workflow. Offering incentives for work performance, creating a light-hearted environment, and acknowledging employees’ efforts will encourage them to work more efficiently.

8. 79% of employees quit their jobs due to lack of appreciation.

(Source: Builtin)

Be kind to your staff and treat them well – and you’ll receive the same in return. One of the simplest ways leaders can show employees that they care is to express their appreciation for the work they do. This can be in the form of an emailed letter of appreciation or award ceremonies.

9. 15% of candidates state they turned down job offers due to negative work culture.

(Source: Harvard Business Review)

The workplace is like a second home. That’s why candidates seek positions in corporations that have a positive working environment.

So, what do employees value most about a company? 55% state that reasonable pay is important, while 54% consider fair treatment as crucial in developing a positive work culture.

10. 70% of employees in the US are unhappy in their jobs due to negative management.

(Source: Forbes)

Leadership stats state that many employees are miserable in their jobs because of a lack of effective management. This could be because leaders are struggling to find ways to engage with employees. But how leaders engage employees is up to them. 

Studies show that employees feel less stressed and under pressure when they can engage with their leaders regularly. Employees will work more effectively if they have proper guidance from their leaders.  

It’s not all bad news, though: 

11. 78% of business leaders are focused on improving their engagements with employees.

(Source: The Harvard Business School) 

To create a stable environment, business leaders are finding new ways to engage their staff. This can be through short staff meetings, team-building exercises, or one-on-one engagement. Many are also implementing an open-door policy so that staff can address issues easily in the workplace.

Leadership Burnout Statistics

Did you know that Millennials experience more burnout than Baby Boomers? That’s because the younger generation is expected to work more hours for less money. Employees are expected to make a profit for a company, and fewer CEOs care about the mental state of their staff. 

Here are some shocking stats:

12. Stress-related burnout may cause a healthcare cost of $190 billion a year in the US.

(Source: Forbes) 

The feeling of burnout is an overwhelming sense of stress and exhaustion, which is currently linked almost exclusively to the workplace. Overworked employees typically feel depressed, lethargic, and unmotivated. Leadership burnout statistics show that burnout doesn’t only happen to employees but to bosses, too. 

13. One in five employees is at risk of burnout due to low employee and leadership engagement.

(Source: Harvard Business Review) 

Not presenting employees with clear and realistic goals could result in major burnout in the workplace. But leaders can prevent burnout by engaging with staff and setting realistic goals to reach their targets.

14. There is a 63% chance that burned out employees and leaders will take more sick days off.

(Source: Harvard Business Review)Employees who are experiencing burnout will take more time off work because of their stressful environments. There’s also a greater chance of employees seeking a different job due to the pressure they’re put under and the lack of proper management.

15. 90% of Millennials feel burned out due to being overworked with fewer vacation days.

(Source: Business Insider) 

Millennial leadership statistics show that Millennials feel more pressure at work due to the overwhelming amount of work they’re given. That’s why they’re now being labeled as the burnout generation. 

The thing is:

Millennials are working longer hours and not getting the support they need from leaders. They also have less time to take vacations because of the workload.

Workplace Leadership Statistics

What makes a great leader in the workplace? Well, inspiring leaders are people who are able to run their departments like clockwork without creating a stressful and unpleasant environment. But only a select few CEOs are strong enough to be successful in their leadership roles. 

Workplaces should include more diversity in their leadership roles. The following workplace leadership statistics will give you an indication of what the workplace leadership roles currently look like. 

16. 38% of new leaders fail within the first 18 months. 

(Source: Leaders Beacon) 

This figure is extremely worrying. So, how can you avoid becoming part of this statistic? Well, in order for leaders to become successful in their roles, they must implement positive reinforcement, motivate their team, and lead by example.

17. Women are more resilient leaders than men.

(Source: Harvard Business School)

According to women leadership statistics, females have shown to have more resilience (54.7 percentile) than men (49.3 percentile). Women also have excellent problem-solving skills, and they’re incredibly reliable and motivated. 

Fun fact: Finland now has the youngest female prime minister in history (Sanna Marin) at the age of 35.

18. Only 10% of CEOs are natural leaders who guide staff by example. 

(Source: Inc and Harvard Business School) 

An excellent manager will show staff how to behave through their own actions. Leaders can’t reinforce punctuality and productivity if they don’t lead by example.

Employees tend to watch closely what their leaders are doing, and they will follow their actions.

Leadership Skills Statistics

Workplace leaders have skills that are needed in order to successfully run a company. They’re able to fix any crisis due to their expertise in problem-solving. Find out more by reading the following leadership skills statistics

19. 73% of board members state cybercrime is the most prevalent crisis in the workplace.

(Source: Deloitte)

To be an effective leader, you must know how to handle any situation. That’s why most corporations have a structured strategy to handle any crisis in the workplace. 

So, what are the five crisis leadership skills that every CEO should follow?

Here’s the deal:

  • Proper communication with staff and CEOs
  • The ability to adapt to changes
  • Managing relationships with employees successfully
  • Being creative and presenting innovative ideas to solve problems
  • Making decisions on the spot

20. There is a shortage of female leaders, even though women make up 50.8% of America’s population. 

(Source: American Progress) 

Females make up more than half of the US population, yet there is still a gap when it comes to women’s leadership roles. Females earn 59% of master’s degrees, 48.5% of law degrees, and 47.5% in medical qualifications. Despite these figures, there is a glaring absence of female leadership roles in the corporate environment.

21. Uninspiring leadership stats  show that only 2.6% of management are highly engaged.

(Source: Forbes) 

How do leaders engage employees? 

Through their actions and the way they treat those around them. Uninspiring leaders are typically too relaxed, expect others to do their work for them, and show signs of disrespectful behavior towards staff.

Uninspiring leaders can be detrimental to a company’s growth. Since they lead by example, staff members may detect the bad habits of their managers, which could decrease workflow.

22. Emerging leadership trends will provide more leading roles to females because of 2018’s 25% leadership shortage. 

(Source: Get Smarter) 

If you want to start implementing change in your working environment, you must keep up with the latest trends. Corporations are now implementing mental health care management and introducing more females into various roles.

Millennials are typically fighting for more diversity and authenticity in the workplace and celebrating different cultures. Leaders also have to adjust their management skills because of the different generations they have to direct.

Which brings us to…

Wrap up 

There are many ways corporations can avoid becoming part of the bad leadership statistics we went over. After reading our article on statistics about leadership, we hope you’ve learned some valuable facts to help you become a better leader in your industry.

Bottom line:

Be part of the positive leadership statistics and always create a happy environment for people to work in. This will help leaders increase workflow and improve your company’s managerial strategies.

Sources:

  1. Bloomleaders
  2. Infoprolearner
  3. Inspire Software
  4. Forbes
  5. HR Exchange Network
  6. Deloitte
  7. Harvard Business Review
  8. Builtin
  9. Harvard Business Review
  10. Forbes
  11. The Harvard Business School
  12. Forbes
  13. Harvard Business Review
  14. Harvard Business Review
  15. Business Insider
  16. Leaders Beacon
  17. The Harvard Business School 
  18. inc
  19. Deloitte
  20. American Progress
  21. Forbes
  22. Get Smarter

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