We believe that the trend in leadership development will be toward more individualized approaches, tailored both to the growth needs of individual executives as determined by feedback and coaching methodologies and to the business needs of the organization. Business schools, unlikely to regain their monopolies of times past, will find new niches in design and delivery of these increasingly individualistic approaches.
Still, the action in leadership development will move inside corporations, supported by an array of service providers. Organizations will become more effective in using experience as a teacher and as their leaders become more committed to and better at coaching their executives will learn their way into better performance. Improvements in technology will support more effective use of on-the-job learning, just as it has revolutionized business practices.
The business imperative for leaders who can handle the complexity and change ahead is so compelling that efforts to develop leadership skills will continue unabated. Corporations that do not develop leadership as a competitive edge will not survive.
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