Challenge for Business: In
an environment where change dominates—companies
and organizations must be built to compete. No
longer is it about machine pumping out metal,
now it is about performance of people.
Decades of short-term thinking, heads–down
management, and short-sighted behavior have created
a crisis in leadership. With fewer role models
and the impending loss of talent and experience
on the horizon, how will individuals and organizations
develop leadership capabilities in an environment
that requires pragmatic and cost-effective solutions?
The Business Environment: Pace
of change is so much faster. Change drives business
growth and places tremendous pressure on the performance
of key staff. “Moving up the ladder”
is a premise that no longer exists in many organizations.
Today, many talented professionals are thrust
into positions and are expected to perform. Changing
demographics in the work force will only increase
this trend. Organizations must find ways to adapt
to the change and create strategies that improve
the skills of their critical professionals.