The true test of any company’s leadership development is the caliber and depth of its senior management ranks.Yet so often we hear CEOs complain that they just don’t have enough talent on the bench. The problem is that traditional management development remains too far removed from the day-to-day realities of business. A few companies have pioneered effective approaches. Consider the tack taken by Kraft Foods. At Kraft, leadership development isn’t an isolated process; it goes hand in hand with the company’s business model. It takes place on the job and, even more important, for the job.
Authors: Marcia Blenko, Vijay Vishwanath
Sources: Bain & Company, Leader to Leader
Subjects: Human Resources, Management
Industry: Food Products/Service
Company: Kraft Foods Inc.