In 2005, The American Management Association (AMA) and the Human Resources Institute (HRI) conducted a major worldwide survey on leadership-the challenges leaders face today and those that they will face 10 years from now. In this session, the speakers will present the findings of this study that included more than 1,600 worldwide survey respondents plus 40 interviews with companies that have best-in-class leadership. (The full study is available in PDF format from the AMA Web site.) The presentation will focus on four key assumptions, drawn from the survey data, about leadership in the future: 1) Technology will play an ever-increasing role, and while it may help solve some of today's business challenges, it also will aggravate others. 2) Global trends, including macroeconomic free-trade initiatives, shifting demographic realities, conflicts, and competition for scarce resources, will require different methods and content for leadership-development programs. 3) Organizational structures will experience a growing interconnectedness driven by an expanded flow of information, technology, capital, goods, services, and human resources throughout the world. 4) The global talent pool will be deeply affected by the aging population, immigration trends, generational differences, evolving gender roles, improving education levels, and changing societal values in many developed nations. The session also will include a discussion of the implications for the ways in which new leaders must be trained to meet the challenges of the future. To develop future leaders, we must find new ways of overcoming three longstanding problems: 1) Leaders know what to do, but they don't do it. 2) There is a lack of measurement and recognition. 3) We develop leaders for the past instead of the future.

Learning Objectives - Assess your own company's leadership-development practices in light of the findings of the AMA/HRI Global Leadership Study.