Fifty-four percent of companies surveyed by the global career transition and executive coaching firm said they do not have enough qualified candidates working for them to succeed their executives and managers. The survey included responses from 212 primarily large and mid-sized employers throughout North America. Many organizations surveyed realize that they must address the lack of leadership successors for tomorrow by developing their bench strength today. Seventy-two percent of these companies plan to internally develop their high-potential employees to become future top managers, and 54% expect to promote their now-ready executives. This is a call for employers to determine who their high-potential employees are and provide them with the necessary leadership coaching and training.
Developing the Leaders of Tomorrow Today Ann Pace T + D; Feb 2010; 64, 2; Docstoc pg. 18 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
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