Developing The Next Generation Of Leaders

Developing The Next Generation Of Leaders One of the most important roles of senior executives is to develop the company’s future leadership. The groups of leaders that can help take the company to the next level. Even with the current economy, there is a surge of “baby boomers” retiring and it is resulting in a shortage of leaders. This shortage of leadership comes at a time of rapid change. With globalization, the volatile economy, technology changes, and the increased demands of stakeholders, leadership is vital to not only succeed but also, in some cases, just to survive. Most often it is less expensive to reach within the company’s workforce for this future leadership than it is to hire from the…