A recent news report mentioned that the hallowed Crotonville - GE's "leadership factory" is on the block. The place helmed by Jack Welch and Noel Tichy along with other greats was responsible for creating a leadership pipeline not just for GE but also Corporate America. It seems quarterly earnings pressure has no place for exotic issues like Leadership Development. It is easy to buy leadership talent than groom internally seems to be the mantra. If Crotonville is seen just as a piece of real estate but not for the seminal contribution it made, it is a sad commentary on the corporate world. Leadership development is critical to ensure continued success of the organisation, addressing attrition, building a culture and attracting good talent. Continued success of the organisation depends on a pipeline of leaders ready to step in anytime. Not focussing on this is to sacrifice the long term at the altar of short term. Corporate Myopia. #Leadership #LeadershipDevelopment
Srinivasan R’s Post
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