Are Your Next-Gen Leaders on Track?

Survey Conducted by Wilson Learning Worldwide for Training Magazine

By Michael Leimbach, PhD

This year, the youngest of the Baby Boomer leaders will turn 61, and simple demographics assures that the need to replace the exodus of these aging leaders will accelerate rapidly over the next four to six years.

But are organizations doing enough? Are current leadership development practices setting organizations up for a successful transition?

Studies by McKinsey & Company and J.P. Donlon have found a close correlation between the skills of a company’s leaders and market performance. However, research by Deloitte and the U.S. Federal Reserve show that return on assets (ROA) and productivity growth—both key measures of leadership success—have shown a steady decline since the 1960s. The data does not look good for the strength of our leadership capabilities.

Clearly, effective leadership is critical to success, and development of the next generation of leaders is at a critical stage. Now is the time to take stock of where you are and what you need to do to effectively prepare the next generation of leaders . . .

Read at TrainingMag.com.

Michael Leimbach, PhD

“Michael Leimbach, Ph.D. is a globally recognized expert in learning design and provides leadership for solution research and design solutions that turn learning into performance.

Dr. Leimbach has served as editor for multiple professional journals, consulted with numerous global clients, published over 100 professional articles, co-authored six books, and is a frequent speaker at national and global conferences. Michael received his Doctorate from the University of Minnesota and has worked in the learning and development industry for over 35 years.”