The Cost of Not Developing Your Leaders Now-From HR Esquire

The benefits of developing current and emerging leaders are well known to most senior business executives. What may not be as well known, and what can be more damaging to the organization in the long-term, are the hidden costs of not developing leaders in these economic times, especially after a layoff.

Typically ignored in the planning for a layoff are support mechanisms for those employees who stay. Layoff survivors, both managers and front-line workers, are shouldering heavy, if less obvious, burdens of their own, including an infectious sense of anxiety and the uncomfortable feeling that they ought to be grateful just to have a job.

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