How to Avoid the Business Leadership Cliff

The TalentCulture #TChat Show is back live on Wednesday, October 29, 2014, from 7-8 pm ET (4-5 pm PT). Last week we talked about employee engagement and the culture control panel, and this week we're going to talk about the business leadership cliff and how to avoid it. Even with a continued annual investment in leadership development, leadership overall is falling short in business today. Even worse, enterprises are doing a poor job developing leadership talent and aren't investing in succession planning, so these issues are unlikely to be resolved anytime soon. According to a new global study of more than 5,500 executives and employees across 27 countries, conducted by Oxford Economics and commissioned by SAP SuccessFactors, barely half of the executives surveyed said their companies possess the skills to effectively manage talent, and only 44% have faith that their leaders are capable of driving and effectively managing change. The good news is that some companies are doing something about developing future leaders, working hard to make them multi-faceted, multi-functional and multi-conversational by giving them the cross-functional training and experience. By developing the talent and skills they need, companies doing this can position themselves to thrive around the 2020 workforce. Join TalentCulture #TChat Show co-creator and host Meghan M. Biro as we learn about how steep the leadership cliff is and how we can avoid it with this week's guest Mary Haskins, Vice President of Leadership Experience at SAP. Thank you to our sponsors and partners: SAP/SuccessFactors, Dice, RIVS, GreatRated! of Great Place to Work, TalentWise, IBM Smarter Workforce, CareerBuilder, PeopleFluent, Fisher Vista and HRmarketer Insight.