For both public and private companies, difficulty balancing long-term and short-term business requirements continues to be the No. 1 challenge in nurturing leaders. In addition to the three commonly cited challenges cited below, responses indicated that many leaders see room for improvement. In fact, more than one-fifth of all respondents rated their companies as “poor” or “average” at developing leaders and just 66 percent of CEO respondents agreed that HR is an effective partner in leadership development.
A survey of 300+ CEOs conducted in early May shows declining confidence in business conditions, even as economy reopens in many parts of the country and around the world. But there could be a silver lining.