Organizations depend on capable leadership to guide them through unprecedented changes. Yet there is ample evidence in the news and in recent research reports that even some of the best and most venerable organizations are failing to adapt to change, implement their strategic plans successfully, or prepare for a more uncertain future. We believe this turmoil has something to do with leadership, and that if we don’t change our current approach to leadership development, we will see even more of the same.
As well-known companies disappear or are taken over and new forces like the economies of China and India rise, surveys of CEOs show that they believe the primary factor that will determine their fate is the quality of their leadership talent. But many top executives bemoan the lack of leadership bench strength in their companies and wonder what will happen once the baby-boomer generation of leaders finally steps aside.
Can we count on the next generation of leaders to step up once they are in position? Or are we seeing evidence of a talent gap that cannot be closed and will result in even greater numbers of high-profile failures? What can your organization do to avoid the risks associated with inadequate leadership and better prepare its current and future leaders for changes that are yet unforeseen?
Every leader is aware of the value of a well defined business strategy. Few, however, give thought to the leadership that will be required to implement strategies that call for changes in the direction or capabilities of the organization. Without proper leadership, even the best and boldest strategies die on the vine, their potential never realized.
This white paper defines what a leadership strategy is and how to go about creating one for your organization that will forever change the way you develop leaders and create new leadership capabilities.Download White Paper