Turning Potential into Success
The Missing Link in Leadership Development.by Claudio Fernández-Aráoz, Andrew Roscoe, and Kentaro Aramaki
ORGANIZATIONS AROUND THE WORLD are failing on one key metric of success: leadership development. According to research from the Corporate Executive Board (CEB), 66% of companies invest in programs that aim to identify high-potential employees and help them advance, but only 24% of senior executives at those firms consider the programs to be a success. A mere 13% have confidence in the rising leaders at their firms, down from an already-low 17% just three years ago. And at the world’s largest corporations—which each employ thousands of executives—a full 30% of new CEOs are hired from the outside.
The problem ...
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