If a leader in your organization left today, how would you find a replacement?
Ideally you’d look within your organization, choosing from a pool of talent you’ve been carefully grooming for just such a leadership opportunity. Growing your own talent is the best way to get good leaders who fit with your organization. Not only does an internally focused talent management strategy reduce the high cost and high risk of hiring from the outside, but it also ensures you have quality leaders ready when you need them.
At DDI, we call this talent management strategy a Leadership PipelineSM. We define a Leadership Pipeline as “a critical business process that provides organizations with a sustainable supply of quality leaders (at all levels) to meet the challenges of today and tomorrow.”
DDI offers assessment and development solutions for all levels of your leadership pipeline. Our white paper discusses DDI's approach, best practices, and tips for implementing a Leadership Pipeline as part of a Talent Management strategy.