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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, PhD, is a globally recognized expert in instructional design and leadership development. As Vice President of Global Research and Development for Wilson Learning Worldwide Inc., he has worked with numerous Global 1000 organizations in Australia, England, Germany, Japan, South Korea, Taiwan, and throughout the United States. Over more than 30 years, Dr. Leimbach had developed Wilson Learning’s diagnostic, learning, and performance improvement capabilities, published over 100 professional articles, coauthored four books, been Editor-in-Chief for the highly acclaimed ADHR research journal, and is a frequent speaker at national and global conferences. He also serves on the ISO Technical Committee (TC232) on Quality Standards for Learning Service Providers and on the University of Minnesota College of Education and Human Development Dean’s Advisory Board.