 
|
Corporate leadership skills gap revealed
SAN DIEGO April 11, 2006 8:36am 
• Growth, competitors, retirements cited • Where are tomorrow’s business leaders? A “skills gap” for corporate leadership positions, as well as trained talent at all levels is the top concern of chief executive officers, according to an annual survey by the Ken Blanchard Companies of San Diego, a corporate training company.
Forty-three percent of those surveyed put skills shortages in the top three business challenges this year compared to 34 percent in 2003.
Attracting, retaining, and developing bench strength is emerging as a key issue facing companies, the survey found.
Continuing competitive pressures, growth and expansion objectives, and concerns over retirement and the need to compete for talent may fuel this, the company says.
Competitive pressure, though still the number one business challenge, declined by 11 percent. For the first time respondents cited growth and expansion as major concerns.
Respondents said their organizations continue to struggle with the economy, funding and budgets. Yet cost reductions seem to weigh less heavily than past years.
Top management challenges center around developing potential leaders, selecting and retaining key talent, and creating an engaged workforce, the survey says.
|
|
