Fortune 1000 companies do not have enough leaders coming up
through the ranks to fill open and future leadership positions, according to a
survey by The CARA Group, Inc.
To remedy the current lack of leadership skills
and limited talent pipeline, caused in part by recession cuts to critical
leadership programmes, the survey reveals there is an emerging renewed commitment
to leadership development among companies of all sizes.
Key findings of the 2012 CARA survey include:
- More than half—62% of respondents—say their organisations face a leadership skills gap
- 84% of respondents say their organisations have increased leadership development focus in the last two to three years
- Only 9% of respondents say their current leadership development programmes are “very effective,” while 56% describe their programmes as only “somewhat effective” or “ineffective”
- The top three most critical skill gaps of leaders-in-training are leading others (54%), managing change (43%) and strategic planning/vision development (40%)
- Online learning and development (66%) is the number one way companies are leveraging technology in their leadership development programmes.
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