Leadership development reaching a ‘crisis point’

Executives need to make it a priority
By Shannon Klie
|Canadian HR Reporter|Last Updated: 02/13/2008

Leadership development is on everybody’s lips but when it comes to actually walking the talk, very little gets done and the situation is reaching a crisis point, according to the honourary chairman of the Canadian Society for Training and Development’s Learn@Work Week.

“There’s a huge number of experienced people leaving organizations and a sense that we haven’t done enough to develop the leaders of the future,” said Courtney Pratt, who is also the chairman of Hamilton-based steel manufacturer Stelco.

As part of Learn@Work Week in September, executives from public, private and not-for-profit organizations gathered at the National Club in Toronto to figure out why leadership development is one of the first things to be cut when an organization hits hard times, even though chief executive officers say it’s a priority.