The fear (and cost) of losing key talent and strong leaders is real and immediate, and is one of the top concerns for business heads today.
Hopefully, your organisation has a strong enough pull to retain top talent, but in order to be prepared for a situation where they leave, you always need to maintain and manage a diverse pool of potential leadership successors.
When Renee van der Burg, vice president of human resource management of operations at NXP Semiconductors began designing their talent programme - the Business Foundation Program - she noticed current leaders were experienced in one professional area, but needed more exposure to other disciplines, cultures and people throughout the company.
"The second pillar in our talent management philosophy is that our leaders need a combination of results orientation and the right behavior, that's where our company values come in," she says.
"Consequently, we spend ample time... on personal reflection and the development of a personal leadership style. We call this their Leadership Journey, and trust me, this is a challenge for highly technically trained people!"
At Talent Management 2014, van der Burg will share more details on the lessons and key components that have made this leadership and talent programme so successful.
"We believe these future leaders should be confronted by the challenges that all of us encounter every day, so the participants in the talent programme also work on real work issues in our organisation."
Talent Management 2014 will take place on March 17-19 at the InterContinental Hotel in Singapore.
For more information on speakers and event agenda, please visit the Talent Management 2014 website here.
To register, please click here.
Don't miss out on the region's most important talent management event!