The need for good leadership has never been greater, and there is no doubt we are experiencing a leadership deficit throughout our society—corporations, governments, and communities. Almost daily, we are bombarded by articles in newspapers and professional publications bemoaning the lack of qualified leaders to meet the challenges of a diverse workforce, global competition, and an uncertain economy.

To meet the growing demands for qualified leaders, organizations are choosing to grow their leaders from within rather than hiring from the outside. To that end, organizations are identifying high-potential employees who have qualities, skills, and abilities that are aligned with corporate values and leadership philosophy and then giving ...

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