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Grow Your Own Leaders: How to Identify, Develop, and Retain Leadership Talent by Matthew J. Paese, Audrey B. Smith, William C. Byham

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Chapter 2. Acceleration Pools: The Basics

 

“We cannot be what we want to be by remaining what we are.”

 
 --Max DePree, former Chairman and CEO Herman Miller, Inc., and author of Leadership Is an Art

According to a DDI survey of midsize and large organizations throughout the world, an overwhelming majority of firms want to fill 70 to 80 percent of their executive positions (general manager and above) with internal candidates. Yet most are having trouble doing so (Bernthal, Rioux, & Wellins, 1999).

Several years of corporate downsizing have left companies with fewer middle managers to promote into executive positions. Even more troubling is that many of the remaining middle managers lack the competencies and career experience necessary to run a third-millennium ...

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