CHAPTER 5

Development and Coaching of NextGen Leaders

Introduction

Talent management represents an organization’s efforts to attract, develop, and retain skilled and valuable employees. Its goal is to have people with the capabilities and commitment needed for current and future organizational success. An organization’s talent pool, particularly its managerial talent, is often referred to as the leadership pipeline (Charan et al. 2000). However, one of the biggest challenges facing organizations today is that they are under greater pressure to develop future or next-generation leaders faster in response to the challenges ahead for business and HR leaders in a dramatically changing digital, volatile, uncertain, complex, and ambiguous (VUCA) business ...

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