Worldwide demand is rising for leaders who can succeed in today’s volatile, uncertain, complex, and ambiguous (VUCA) business environment. At the same time, the supply of qualified leaders appears to be diminishing. Empirical studies reveal that between 50 and 70 percent of organizations feel they are impacted by a shortage of qualified leaders. (Human Capital Advisors 2011)
CEOs and their Boards have put the spotlight on their leaders. They need confident, effective leaders who can inspire others and drive results aligned with overall business strategy. Unfortunately, upon closer inspection, CEOs are finding something disturbing: the quality of leaders doesn’t match the need. Critical roles are not filled because leaders are not ready. Even though they’re spending millions on talent management systems, they’re not getting the ROI they expect—and demand.