Now, more than ever, there is a critical need to grow and develop tomorrow's leaders. Many studies have shown us the obvious: The baby boomer generation is about to retire en masse. Estimates conclude that 75 million workers in the US will retire in the next five to ten years and, with them, 50 per cent of the CEOs of major organizations. The replacement pool for picking the next generation of leaders is estimated to be only 45 million.

Unless your organization is rigorously developing its next generation of leaders, it will be forced to recruit from outside. Cautiously managed, this strategy can help fill the gap, but it carries higher risks and encourages an unwieldy culture deficient in loyalty. With a decreasing talent pool and increasing needs, the strategic exposure – and the costs – are considerable. A more reliable solution is to develop your future leaders from within. They will be more of a known quantity, know your culture, cause less disruption of productivity, have higher levels of loyalty, and cost less.

What do the best companies do about this? First and most striking is the characteristic of these companies that they do not leave the matter of finding and developing leaders to chance or to the last minute. All focus considerable effort on identifying and managing high-potential leadership talent and hold leadership as a fundamental, important aspect of their corporate culture and success strategy.

Leadership Advantage can help your organization stay current with the best in the business. Our comprehensive and integrated selection of leadership development, team alignment, and organizational change programs are designed to progressively increase leadership competence and ability. In addition to those listed in our menu, we can also design and develop custom programs to fit your needs.