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Reaching The Summit - Professional Development Market Trend

 

 

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Leadership Gap Poses Biggest Talent Crisis, Executives Say

A gap in the leadership pipeline, not the pending retirement of key workers, is a leading challenge for organizations, according to a 12-month survey of 700 U.S. organizations.

  • 51% have significant gaps in the leadership pipeline

  • Just over 80 percent said leadership development is the talent management process most needing

  • Nearly 70 percent said talent management strategy is the responsibility of groups other than HR, such as the CEO, top management, and/or line-of-business executives.

Study authors state that clearly, the issue that emerges from the study is that organizations are realizing the urgency of treating talent as a corporate asset and managers are beginning to act on it.

The need for a systematic approach to leadership development including identifying, developing, measuring and motivating an organization’s leaders  has become a high priority at senior levels throughout the organization.

They advised the following action step:

Develop talent-driven programs. Savvy organizations design leadership development programs to target different levels and to keep their pipeline filled, according to the findings.

 

Leadership development best practices maintained strong executive engagement, defined tailored leadership competencies, was aligned with the business strategy, targeted all levels of leadership, applied comprehensive learning approaches and integrated with talent management, according to the research.

The demands on your leaders continue to increase. The bar is going up … what are your plans to deal with these challenges?

Cognition Network's service is directed at proactively equipping leadership teams for the challenges they face by challenging each other to keep raising the bar, increasing the level of trust and transparency, encouraging fresh perspectives, breakthrough ideas and innovative solutions, demonstrating a bias for strategic change, reawakening creativity, developing a shared sense of urgency, enhancing the team’s level of cohesion and collaboration along with creating a forum for validating decisions.

Your leadership team will show demonstrable progress in their leadership and professional development.

Members create and execute development plans that support organizational objectives and address their needs for soft, technical & business skills utilizing a library of development planning and execution resources.

Cognition Network’s delivery model overcomes the weaknesses of traditional approaches creating accountability to the executive sponsor, other workgroup members and to the members themselves. Accelerated leadership development takes place through use of advanced problem solving and issue management methods.

How is your professional development plan working for you?

Cognition Network would like to provide you with an opportunity to further your development. The featured book summary for this market trend article is The New American Workplace by James O’Toole and Edward E. Lawler III

 

 
   

Cognition Network provides high performance facilitation of Professional & Leadership Development through accountability workgroups