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In the face of evolving challenges such as unclear futures, a multi-generational workforce, and the need for diversity, effective leadership development and succession planning are more critical than ever. This discussion highlights the top challenges leaders face, the causes behind them, and their potential short- and long-term consequences for organizations. Emphasizing innovative ideas and actionable insights, we explore how to define future leader competencies, manage the talent pipeline, and cultivate leadership capabilities to ensure organizational viability and success.
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Thought Leadership… “…demonstrating the confidence to promote or share innovative ideas as actionable distilled insights.” -- Joel Kurtzman, Strategy + Business - See the challenges - Understand the causes/consequences - Courage to act SHRM Foundation 2007 Thought Leaders Retreat
Thought Leadership: Table Discussions • What are the top three (3) challenges you • face in managing leadership development and • succession in a changing world? • What are the underlying causes/sources of • these challenges? • What are short- and long-term consequences • for the function and the enterprise? SHRM Foundation 2007 Thought Leaders Retreat
Thought Leadership: Work Sheet 1 2 3 Challenge: Causes: Consqnce: SHRM Foundation 2007 Thought Leaders Retreat
Leadership Development Challenges • Visioning the future/Unclear future environment (3) • Evolution of global organization (2) • Changing job characteristics • Multi-generational workforce (2) • Diversity • Workforce viability (new skills) • Identifying/Profiling Future Leader Competencies (6) • Succession planning/Managing the pipeline (8) • Developing leadership capabilities/opportunities (6): • -leading by example • -risk aversion • -lack of interest/apathy • -managing the mundane • -soft skills • Lack of natural career paths • Competing priorities/interests/politics (3) • Retaining talent +/- (3) SHRM Foundation 2007 Thought Leaders Retreat
Leadership Development Challenges WHAT: Identifying/Profiling Future Leader Competencies WHO: Succession planning/Managing the pipeline HOW: Developing leadership capabilities/opportunities • How are you approaching these challenges? • Have you identified/implemented best practice? • What successes have you achieved? • What challenges/obstacles do you still face? SHRM Foundation 2007 Thought Leaders Retreat