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Leaders on Tap

Please note: This item is from our archives and was published in 2006. It is provided for historical reference. The content may be out of date and links may no longer function.

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The most important factors in growing and retaining leaders over the next 10 years will be

1. A formal leadership development strategy.
2. The support of top management.
3. A formal succession planning process.
4. Recognizing that leaders must develop other leaders.
5. A big enough budget.
6. Measuring the effectiveness of leadership development programs.
7. Providing developmental job assignments.
8. Internal training.
9. Policies that encourage leadership development.
10. Formal appraisal of managers for their development of future leaders.

Source: “Leading into the Future: A Global Study of Leadership,” American Management Association, Sept. 2005.