When HR leaders talk about succession planning, it's typically accompanied by a frantic warning against the "silver tsunami" of retiring Baby Boomers. And rightfully so, as nearly 4 million Boomers will retire this year, leaving organizations with a notable talent gap in senior leadership. But there's another side to the succession planning story that's often overlooked—and it starts at the point of hire.Read more
Who are your up-and-coming leaders? And are they ready?
Highly functioning and successful organizations foster leaders at all levels. Yet – for typical companies – only 17% of leadership investments actually go toward the development of first- and second-level leaders, with the rest targeted exclusively at executives. By neglecting growth opportunities for their future leaders, organizations risk not only their ability to operate efficiently, but perhaps their competitive edge as well.Read more
Leadership development programs have grown in popularity over the years. It seems that all companies crave leaders and many are turning to formal leadership development programs as a means to develop talent. Proceed with caution however, as this is an easy idea to come up with but difficult, potentially expensive and definitely time consuming to execute. When it works, it can be a great success, however often these efforts turn into fancy websites vs true development mechanisms. Below are my top reasons why leadership development programs fail.Read more
The importance of globally competent leaders is recognized by the vast majority of organizations, but few have a strategy to provide the training needed to compete globally, according to a new study by the University of North Carolina Kenan-Flagler Business School and the Human Capital Institute.Read more
In each step of the RED Model of Critical Thinking, the key is to ask questions. Asking questions helps us look more deeply at the issue, break it into more manageable parts, find blind spots and lack of data, and make the best choice.
Here are 70 questions to help you boost your critical thinking:Read more