The issue with all the Leadership programs and many promotions in general of the younger generation is we’ve gotten away of advancement based on meritocracy. HR has taken us down the road of promotion based on preferential factors that at the end of day in many cases is leading to incompetent Leadership with no bench. You can not survive if Leaders don’t understand the product, market and customers they serve. Too often promotions are based on power point and how good someone can spin a presentation and often those same individuals have no direct accountability for the information they present but put it out there for others own. Until we start mentoring people at the ground level with a solid foundation of business acumen you get what you sew. Unfortunately until we change out the HR Leadership and start promoting on merit and ability to get results things will not change. We have EB’s and SEB’s today who have less directs and in many cases less responsibility than SP bands and they certainly aren’t in those positions based ability to Lead and get results. Look around around anyone in the past could name off 4-5 big Leaders who could run a business in GE today people struggle to name any and many of the Leaders in place today leading the top businesses in GE don’t know the product, industry or customers and what’s even worst don’t even stay in place long enough to deal with the consequences of there too often short sighted decisions that can negatively impact the business for years...and I’m not even talking about Immelt. No foundation...no bench! All we have now are the financial geniuses running businesses that only care about quarter to quarter results never mind customer impact all internally focused. Last I knew without customers you don’t have a business!
Posted by @PXEx43i-1fnq, perfectly said.