Daily Archives: March 23, 2021

What Companies Can Do to Develop the Next Generation of Leaders

Organizational success begins with having the right people. And while cultivating a core workforce is essential to maintain production, developing leaders within a company to bring the business to next-level success is imperative in the ever-changing business climate. A company’s workforce could have up to five generations working side-by-side; however, by 2024 41% of the workforce will be over the age of 55, with the majority of Baby Boomers expected to be out of the workforce in the next decade, according to a BLS report. As more experienced professionals retire, the leadership gap they leave behind could be an issue for businesses in North America. (more…)