4 reasons why the LXM Category is needed now more than ever
Updated: Jul 4, 2020
Our passion at qChange is helping leaders be their best. To accomplish this, we made a conscious decision to focus on the leader’s journey. We imagine a leader is like a rock thrown into a body of water. They create the ripple that impacts the whole of the organization. With that philosophy in mind we believe that there is a need for a new Experience Management Category – Leader Experience Management (LXM). Other great organizations focus on Customer Experience Management (CXM), Employee Experience Management (EXM), Brand Experience Management (BXM), and Product Experience Management (PXM). We’re spending our time, energy, and resources on creating and servicing a new XM focused on the critical role of Leader.
LXM places the leader at the center and focuses on their journey in the organization. Creating a positive Leader Experience means comprehending and appreciating the leader’s journey in context – focusing on the challenges and opportunities they face day by day, hour by hour, thus in real-time. LXM involves understanding and improving all aspects of the environment the leader attempts to excel in: culture, physical, technological. By enhancing this experience for a leader, a leader is better positioned, and equipped to be the ripple effect across the organization.
Why create this category? Why focus on LXM? Why does qChange think this is needed now more than ever?
1. Leadership Development is needed, but broken:
Leadership Development is often very expensive and not valued nor trusted by Executives. In fact, $366B (USD) is spent on leadership development globally with 90 cents of every dollar considered wasted by CEOs
2. Passive leader development doesn’t deliver in the long run: