The IBM Global Human Capital Study 2008 suggests that company leaders emphasize on building leaders from within the company. The survey reflects that it is the leading challenge faced by the organization.
So what are they doing to assess and develop leaders from within the organization? The top executives reported using of initiatives such as Action Learning; Mentoring; and Job Rotation.
Action Learning and Job Rotation are methods where the future leaders gain hands on experience in different projects. Whereas mentoring is one of the most widely used training method to develop future leaders by providing guidance and feedback on one's performance through a one-to one mentor-mentee relationship.
Having worked for IBM for two summers and a parent that spent 43 years with the company I can attest that they have one of the best programs in business today, THINK. Do you agree?