Talent and technology are often quoted as the two main drivers of growth. Without effective leadership, companies face an uncertain future. For smaller companies who do not have corporate leadership development programmes, the problem of how to secure additional leadership capacity can be more acute especially in an increasingly knowledge driven economy.
There is always the ‘buy it in’ option – hire someone with a proven track record elsewhere who is already ‘developed’. But this doesn’t always give the right cultural fit or send the right message to the rest of your team.