The Future of Executive Development

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By Eamonn Kelly

In a business environment defined by fierce competition, increased shareholder scrutiny, and proliferating corporate scandals, companies in every industry need able executives who can steer them through the shoals and toward a better future. But with the current pool of senior executives shrinking, and a perceived shortage of junior talent in the pipeline, such executives seem increasingly difficult to find. Even when they have been identified, how best to develop and prepare them for the rigors of an executive-level job is an open—and often perplexing—question.

Today the field of executive development stands at a crossroads. The "one size fits all" programs and approaches that once characterized the field have all but disappeared, and are slowly being replaced by more nimble and customized alternatives that reflect the new needs of today's executives. But this new version of executive development is just beginning to take shape, and big questions about its future still loom. GBN’s meeting examined the emerging necessities and opportunities for executive growth and development today—and in the decade ahead.

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