Who Are Your "Next Generation" Leaders?
Research by Development Dimensions International (DDI), a global workforce and leadership training, staffing and assessment firm based in Bridgeville, Penn., indicates that companies are at risk to lose a substantial number of their executives within the next five years. Companies are faced not only with the challenge of replacing existing managers, but the need to add new managerial staff. According to a recent hiring survey conducted by Management Recruiters International, Inc., mid-managers, executives and professionals are in great demand. More than half of the companies surveyed indicated that they are planning increases in their mid-management and professional staffs. As the population continues to age and baby boomers begin leaving the job market, experts predict that there will be serious shortages of employees to fill high-level professional, managerial and technical spots. Whether your replacement needs are the result of tragedy, transition or trial and error, consideri