Research needs
CEO needs - #1 increase profitability, #2 develop talent
-what goes into leadership and talent development? Seems like he’s making it up
Rule of thumb in development – 70% on the job, 20% mentors, 10% training by self
-companies not sure how to balance financial results and developing talent
(shishi no ko otoshi)
Defining Competency
-State found no correlation between job performance and employment test or background
Nomological chart
Data
Online panel from Marketing Applications Inc (300,000 JPY)
300-10000 employees
Result
Self-efficacy correlated with improved competency