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Businesses differ markedly in their capacity to produce foreseeable future leaders, since several recent analyses of the 1, 187 largest publicly-traded U. H. companies unveiled. Among the Entrepreneurs in one examine, a remarkable total of 26 once worked well at Basic Electric (GE). But as the table under shows, over a per-employee basis that gets GE only tenth put in place terms of the likelihood of a current or former employee’s becoming CEO of a large business.
Top out there is administration consulting firm McKinsey & Company. Amazingly, if we extrapolate into the future through the current stock of McKinsey alums whom are CEOs, of every 690 McKinsey workers, one will end up CEO of your Fortune one thousand company. A lot of companies did not fare practically as well, such as Citigroup (odds: 30, one hundred and eighty: 1), AT&T (odds: twenty-three, 220: 1), and Johnson & Meeks (odds: 12-15, 275: 1). While some may dismiss the results, not surprisingly, the companies first choice to purchase do not. “We are a management engine and a ability machine, ” said going P&G CEO A. G. Lafley.
Questions 1 . Management consulting firms did well on a per-employee basis, partially because they are mainly comprised of managers (as opposed to blue-collar or perhaps entry-level workers). How big one factor do you think make up of the workforce is in likelihood of producing a CEO? 2 . Do you consider so-called leadership factories are usually better places for non-leaders to operate?
Why or perhaps why not? 3. Assume you had job provides from two companies that differed just in how often they produced CEOs. Would this big difference affect for you to decide? 4. Do these data give virtually any credence towards the value of leader collection and head development? For what reason or why not?
Based on D. McCarthy, “The 2008 Ideal Companies intended for Leaders, ” Great Management (February 18, 2009), http://www.greatleadershipbydan.com/2009/; F. Hansen, “Building Better Leaders…Faster, ” Workforce Management (June on the lookout for, 2008), pp. 25-28; M. Jones, “Some Firms’ Suitable for farming Soil Develops Crop of Future CEOs, ” UNITED STATES Today (January 9, 2008), pp. 1B, 2B.
