Business Leaders Lack Critical Skills

Pomeroy, Ann
January 2006
HR Magazine;Jan2006, Vol. 51 Issue 1, p14
The article discusses a study from global human resources consulting firm DDI which show that a third of global business leaders don't have the skills they need to help their organizations achieve business goals. Leaders polled gave themselves low grades on 10 qualities that are strong indicators of leadership performance and potential. Organizations that do a good job of developing their leaders and of conducting succession planning have higher returns on equity and profit margins. Training is the most common leader development practice.


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