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Byline: T. Shawn Taylor
Jun. 15--With as much talk as there is about corporate success or failure being directly tied to leadership, one would think that executive development would be a priority at all firms.
As it turns out, few companies are focused on succession planning, even though some are expected to lose up to half their executive benches in the next five to six years to retirements, according to a new study by RHR International, a Chicago-based management psychology firm.
In a survey of 115 companies, RHR found that many are unprepared and unsophisticated when it comes to grooming future leaders, despite warnings of talent shortages ...