According to Bersin by Deloitte, 10,000 Baby Boomers reach retirement age every day. What’s the status of your leadership pipeline? As a generation retires, it puts Millenials who often have little or no actual leadership experience, in charge before they are fully prepared. Can this critical group of future leaders succeed without some training, development and coaching?
- Baby Boomers are set to retire in mass. In next 5 years, large numbers of seasoned, experienced leaders will be leaving the workforce.
- Individuals will be placed in leadership roles earlier in their career.
- Speed to productivity and minimization of team disruption is critical to business results.
- Career Opportunities is one of the main reasons Millennials leave a company.
Allstate Claims recently developed and deployed successfully an accelerated development program for future leaders. They used an effective approach of combining the 70:20:10 development model, with a safe learning environment to put theory to the test, and a way to ensure the sustainability. With immediate ROI, the program is already paying dividends.