Companies are leaving future leadership to chance

Effective leaders are vital to the success of a business; however, planning for the future doesn’t appear to be as important for organisations, new research suggests.

Penna conducted the study, which looked at organisations gambling with their leadership pipeline. 

The results found that 63% do not actively plan, or even know, if they have a leadership pipeline within their organisation. 

Penny de Valk, Managing Director of Penna’s Talent Practice, said: “It’s concerning how many organisations are failing to plan their leadership pipeline. At a time when leadership capability is a precious commodity and critical to an organisation’s success, we need to get better at succession planning and developing leaders at all levels.”