80% firms in India facing leadership talent shortage: Survey


New Delhi, Jul 17 (IANS): Around 80 per cent of the organisations in India are currently facing a leadership talent shortage either because the present leaders are on the verge of retiring or because millennials prefer to change jobs frequently, shows a survey.

While most organisations struggle to develop a team of effective leaders, those that do manage to create strong leadership face the risk of attrition, said the study by talent assessment firm Mercer-Mettl.

"These insights will enable both established and up-and-coming companies to identify and resolve leadership challenges. Moreover, they will be able to adopt relevant best practices to excel in the corporate world," Siddhartha Gupta, CEO, Mercer-Mettl, said in a statement.

The survey was conducted across industries including Artificial Intelligence (AI) and Machine Learning (ML), telecom, commodities, trading, education, retail, media and entertainment, among others.

A number of leadership development experts comprising over 500 respondents from more than 200 organisations informed the findings of the "Leadership Development Trends 2019" report, Gupta said.

The study showed that 49 per cent of the organisations treat upskilling and reskilling of their new and existing leaders as the primary objective of their leadership development programmes.

  

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Comment on this article

  • G R PRABHUJI, Mangalore

    Wed, Jul 17 2019

    First of all we must make certain qualification to our MPs and MLAs . Then only the system will start. For example a graduate after passing Government exam he can become Income Tax officer. But first of all we must make CA degree must compulsory for that post. There are so many departments without qualified persons.

    DisAgree Agree [1] Reply Report Abuse

  • HENRY MISQUITH, Bahrain

    Wed, Jul 17 2019

    Fake leadership talent started in India since 2014..

    DisAgree [1] Agree [5] Reply Report Abuse


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