It’s a key task for managers: developing the company’s next generation of leaders.
It’s usually less expensive to retain and develop homegrown talent than to hire it from the outside.
Experts recommend creating in-house leadership development programs that single out so-called high-potential employees and put them through multi-year programs, including mentorships, management classes, stretch assignments and coaching. The goal is to elevate candidates above a single function and give them a broader vision of the company.
Read the rest of the article: http://guides.wsj.com/management/managing-your-people/how-to-develop-future-leaders/?mod=rss_WSJBlog
It’s usually less expensive to retain and develop homegrown talent than to hire it from the outside.
Experts recommend creating in-house leadership development programs that single out so-called high-potential employees and put them through multi-year programs, including mentorships, management classes, stretch assignments and coaching. The goal is to elevate candidates above a single function and give them a broader vision of the company.
Read the rest of the article: http://guides.wsj.com/management/managing-your-people/how-to-develop-future-leaders/?mod=rss_WSJBlog
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