By Ron Price, Strategy Magazine, May 2015
When it comes to leadership development, organizations are operating in a completely different arena than they were even five years ago. Developing leaders into today’s business climate has a unique set of challenges. The leadership drought—with Boomers turning 65 at a rate of 10,000 per day and a sheer lack of bodies at the next level to replace them—combined with the leadership gap—Gen Xers and Millennials without the necessary experience to lead—have created a substantial deficiency for both the quantity and quality of leadership.
This challenge requires companies to think strategically about their leadership development efforts. Even if you are developing leaders, chances are you’re making some common mistakes. Here are four ways you could be getting it wrong