“The CEOs surveyed in Global Leadership Forecast 2018, stated that the top challenges for their business growth were focused on their own leaders, with Developing ‘Next Gen’ leaders and failure to attract/retain top talent being rated in the top five by 64 percent and 60 percent of respondents, respectively. And these 2 topped the list out of 28 challenges like political instability, climate change, terrorism, or a global recession. This is a clear indication that top talent and effective leaders are key to address the numerous current challenges and for positioning the organization in the right way for future success.
Leaders carry the reigns of the business and have the role of steering it past the internal and external tidal waves.
Different stages of the business, call for different approaches in Leadership. Hence even the approach to develop leaders needs to be more pragmatic and close to the organization’s fabric.