32% of the HR leaders say their succession-management processes don’t yield the right leaders at the right time
45% of the HR leaders say they struggle to develop effective leaders
– Source: 2019 Gartner CEO 20 Pulse on the Next-Generation Workforce
Leadership is a complex, multidimensional capability, with numerous modulations. Moreover beyond the role it also carries the weight of the business goals and the traits needed to succeed in the required environment. Even with the cognizance of these factors and the best of intentions, organizations still make mistakes while selecting people for key positions.
Most of these mistakes are made due to the myopic approach caused by looking at only past data and not the fitment into the future role and environment.
Google gives you 5,99,00,000 results when you search for ‘leadership and management diagnostic tools’. While all tools help in categorizing leadership through assessing certain traits, the validity of the tool for the required situation and role is itself at times questionable.
Organizations should move cautiously into taking these decisions as a small error in judgement can be detrimental to not only the leader, but also to the organization as a whole.