Why Leaders Won't Share

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Infographic depicting research on why boomer leaders in Canadian organizations are reticent to share their expertise with the next generation of leaders.

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Why Leaders Won't Share

  1. 1. Why Leaders Won’t Share And the implication for leadership development continuity Organizations have done little to prepare themselves for the baby boomer exodus. The primary reason for this lapse (in leadership development continuity) is the boomers themselves. The boomer group refuses to pass on their expertise, won’t make the effort to mentor or coach the next generation of leaders and claims to be too busy ‘doing’ so no time for ‘developing’. Summarized from comments made by HR professionals at HRPAO events The Issue Motivators Skills Transfer as a Priority—73% Get Satisfaction from Teaching Others—64% Issues If they share knowledge, they will no longer be needed—56% Worked hard to gain expertise, do not want to give it away—30% No employees with whom they want to share knowledge—35% Do not enjoy mentoring or coach- ing—53% Key Points from Comments:  Company culture does not promote knowledge transfer  Senior leaders do not have the time to transfer knowledge Solutions Develop skills transfer program which includes identification of critical skills to be transferred, the senior leaders whom have the skills, and the future leaders who need the skills—76% Provide senior and future leaders with time, support, resources to make the skills transfer happen within the workplace—76% Develop a culture of coaching, mentoring and teaching others within the organization—79% Baby boomers are the largest employee segment of the survey respondents’ organizations. Skills transfer should be a priority. This process includes :  plan development  time and resources provided  reward and recognition tools and programs. Our recommendations Assure senior leaders of employment continuity. Demonstrate their value by helping them build a legacy. Develop coaching, mentoring and teaching skills in senior leaders. Offer lifestyle and financial retirement planning for boomers. Offer leadership development opportunities to future leaders. Report based on ‘Why Leaders Won’t Share’ Survey Results November/December 2012 Authors: Donna Stevenson and Faye Wales www.bm2b.ca match@bm2b.ca 905.662.5130

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