The percentage of firms implementing strategic training for top performers appears to be on the rise.
By Garry Kranz Comments 0 | Recommend 0
Senior Managers Fretting About Leaders: The need to groom future leaders uppermost in the minds of CEOs. A study by RHR International and the
Institute of Executive Development has found that about 80 percent of companies
have programs in place to identify and nurture high-potential employees, with
about one-third of those programs being in existence less than two years. Senior
management at many companies is green-lighting these training initiatives to
find people with the potential to in turn nurture others. Nearly half (46
percent) expect to allocate more money toward developing high-potential workers
during the next three years. However, these programs could leave global
companies unprepared. Half of the respondents “have not assessed if skills and
competencies are different in various parts of the world,” and 44 percent
haven’t thought about tailoring development activities to accommodate a diverse
pool of managers.
Workforce Management contributing editor Garry Kranz is based in Richmond, Virginia. E-mail editors@workforce.com to comment.
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