Even if your firm has a healthy employee base and a strong balance sheet, chances are good that it’s about to face a significant shortage of qualified managers. I reached that conclusion in 2007, after working with Nitin Nohria, the current dean of Harvard Business School, and colleagues at the executive search firm Egon Zehnder to gauge the effects of three factors – globalization, demographics, and leadership pipelines – on competition for senior talent in large organizations. We studied 47 companies, spanning all major sectors and geographies. The results were dire: Only 15% of the firms in the Americas and Asia, and less than a third of those in Europe, had enough people primed to lead them into the future. New survey and research data we have compiled show that the situation has grown even worse.
Is Your Company Ready for the Looming Talent Drought?
Take this assessment to find out.
June 27, 2014
New!
HBR Learning
Attracting and Cultivating Talent Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Attracting and Cultivating Talent. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Discover how to attract, hire, develop, and keep talented people who will grow and thrive throughout their employee journey.
Learn More & See All Courses
New!
HBR Learning
Attracting and Cultivating Talent Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Attracting and Cultivating Talent. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Discover how to attract, hire, develop, and keep talented people who will grow and thrive throughout their employee journey.