American Express' Tim McClimon on why leadership development is as critical for nonprofits as it is in the private sector.
Developing talent that is prepared to respond to a fast-changing global society is a challenge for all sectors, but nonprofits are plagued with a unique set of challenges. Last year, American Express initiated a third-party evaluation to better understand the impact of our American Express Leadership Academy, and to answer basic questions such as: “To what extent did the program further graduates’ leadership expertise?” and “What difference has the experience had on graduates’ careers?” In this article, part of the Stanford Social Innovation Review’s Talent Matters blog series, Tim McClimon, VP for Corporate Social Responsibility for American Express, shares the results of this study and why leadership development is as critical for nonprofits as it is in the private sector.