Companies across the world are struggling to fill their senior leadership positions and plan their workforce needs for the future, according to new research.
A global report by The Boston Consulting Group (BCG) and the World Federation of People Management Associations (WFPMA) finds that 56% of corporate executives cite a critical talent gap for senior managers’ successors.
The report suggests that while it is generally easier and more effective for homegrown talent to step into leadership roles, firms fill more than half of their executive positions from outside. BCG suggests that internal leadership-development programmes need to be improved.
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