Best Companies for Leaders

CHIEF EXECUTIVE—Peter Drucker was quoted as saying that “the army trains and develops more leaders than do all other institutions together—and with a lower casualty rate.” Not to be outdone, some corporations have developed good leadership programs that are the equal of those in the services because they retain an essential principle: in order to win, one needs leaders to perform and inspire at all levels—not just at the top. Strategy, though important, is meaningless without motivated and qualified people carrying it out. Technology and money are fungible; performance capability is not. Leadership development has always been important.

Today it has become a competitive differentiator. Those that do it well will win more often than not. Those that do it poorly or not at all will lose. Bank on it. Also, the impending shortage of leaders as a result of the pending retirement of baby boomers now underway, and combined with the continued growth in emerging markets, begs the question of how does one develop the right kind of leaders? Read article.