Talent troubles have emerged as a paramount concern for leaders, surpassing economic uncertainties and outperforming competitors.
According to the Global Leadership Forecast by DDI, attracting and retaining top talent has become the foremost worry for CEOs, followed by developing future leaders and ensuring workforce engagement.
Ineffective leadership and a decline in leadership bench strength contribute to these challenges.
Investing in cultivating future leaders not only fills leadership roles but also boosts engagement and reduces turnover.
Additionally, flexible work options, trust-building, and a strong sense of purpose are vital for engaging and retaining leaders.
Have you experienced talent struggles in your organization, and what steps have you taken to address them?