Talk Money: November 5, 2015

  • 05/11/2015
(Paul Henry)
(Paul Henry)

Anyone who has worked for a few years can probably recall some good bosses and some who weren't so great.

A new survey from recruitment consultants Hudson says many firms do not have a strategy in place to find or develop new leaders.

It is what they call a leadership gap.

While 92 percent agree that leadership is important to business success, 46 percent have not adopted a strategy for identifying and developing new leaders.

Of those without a plan, 53 percent plan to create one in the next six months.

Hudson says there has been an increase in turnover of chief executives in some companies in Australasia suggesting the right leaders are not being appointed.

They point to the All Blacks as an example of how to develop new leaders, with Kieran Read and Sam Cane being identified as potential future captains.

Watch the video for the full Talk Money segment.