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Who's Driving This Bus?

When it comes to driving growth, most executives have little faith in their companies' leadership.

According to a recent survey of 200 middle-to-upper level managers, only 25 percent believe their company has the right leadership with the skills necessary to compel grow and identify new opportunities in the coming year. Nearly one in four said a complete overhaul of their leadership team was in order. The Korn/Ferry Institute conducted the global survey.

Almost three quarters of respondents said that a lack of leadership capabilities caused their companies to postpone or completely abandon strategic growth actions in recent years. Nevertheless, 35 percent expect their companies to reduce investment in talent development, while 37 percent expect no increase in leadership training.
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