Management Programs
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The robust growth of the Indian economy is a reflection of the success of all sectors of the economy. India is poised for phenomenal economic growth. Already the GDP (Gross Domestic Product) has exceeded the forecast of 8.1-8.4% and has crossed 9%. Coupled with this growth is the world-wide branding that Indian, IT and IT-related solutions companies have created for India. As a result, today India is considered by MNCs as a premium destination for business. |
As per industry surveys India is likely to face a shortage of 1 million leadership talent by the year 2015
Implications of a Leadership Talent Shortage for Organizations
With experienced leaders exiting the job market at an unprecedented pace over the next decade, unprepared organizations can look forward to four major headaches:
- The ability to execute complex strategies in a fast-moving, global marketplace will be compromised by a shortage of knowledge workers and experienced leaders.
- An investment in the retention of talented leaders will become table stakes in this emerging "sellers" market for experienced professionals.
- Younger, less-experienced workers will assume leadership responsibilities earlier in their careers, often without the benefit of a veteran mentor to guide and help prevent costly rookie mistakes.
- Attracting, developing and retaining leadership talent will define a new competitive battleground where the stakes include survival.
Source – “The Looming Leadership Talent Wars and What Organizations Need to Do to Secure Their Future” - Article by Rich Petro, Art Petty
Working professionals today have an unprecedented opportunity before them to acquire management skills and fast-track career. Avagmah provides the continuing education options to today’s ambitious and career-focused working professionals.
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